AI & Robotics

Enterprise content management (ECM) platforms that have historically been employed to manage files are, thanks to the rise of AI, about to evolve into central repositories for keeping track of relationships between a much wider range of types of data. Fresh off raising an additional $80 million in funding, M-Files is in the process of extending the metadata it created to track data stored in its…

Nayya, an insurance benefits management platform, today announced it has closed $11 million in a series A round led by Felicis Ventures. Nayya says the funds will be put toward product research and development as it seeks to acquire new talent and customers. Employees are often confused by the health benefits selection process, according to a report commissioned by IT firm Jellyvision. Almost half…

M-Files announced it has raised $80 million as the Finnish company develops AI that automates the messy process of organizing and tracking internal documents and data for enterprises. Bregal Milestone led the round, which included previous investors Partech, Tesi, and Draper Esprit. M-Files’ goal is to make it easier for companies and employees to find the information and documents they need.

Researchers at Stanford have developed hardware that can run AI tasks quickly and energy-efficiently by harnessing special-built chips. A paper published in Nature Electronics describes the chips, each of which have data processors built next to their own memory storage, which leverage algorithms to meld eight separate cores into one AI processing engine called the Illusion System. AI accelerators…