Pinecone Systems, a company developing a database platform for AI workloads, today emerged from stealth with $10 million in funding. A company spokesperson told VentureBeat the funds will be put toward customer acquisition and product R&D as Pinecone’s platform launches for self-onboarding.
AI models take data, whether images, sentences, or user behavior, and convert them into complex…
Google today launched an updated version of Voice Access, its service that enables users to control Android devices using voice commands. It leverages a machine learning model to automatically detect icons on the screen based on UI screenshots, enabling it to determine…
Phocas Software‘s cloud data analytics tools might be best known in Australia, where they’re used by Thermo Fisher Scientific, Fiskars Royal Doulton, and Burson Automotive to streamline employee access to key financial data, but the company is planning to become more…
Atlanta, Georgia-based Verusen, a startup leveraging AI to build a connected supply chain, today raised $8 million in series A funding co-led by Forte Ventures and Flyover Capital. The company says it’ll put the funds toward R&D as it expands the size of its workforce.
A recent PricewaterhouseCoopers report anticipated that companies would have to address the implications of their supply…
AI holds the key to even better AI
January 29, 2021
For all the talk about how artificial intelligence technology is transforming entire industries, the reality is that most businesses struggle to obtain real value from AI. 65% of organizations that have invested in AI in recent years haven’t yet seen any tangible gains…
Researchers propose AI system that summarizes historical texts
January 28, 2021
Summarizing historical text can help people gather, organize, and share knowledge, but cultural and linguistic changes and the sheer volume of archives can make interpreting historical text challenging even for experts. Researchers at the University of Sheffield, Beihang…
The World Economic Forum (WEF) is launching the Global AI Action Alliance today, with more than 100 organizations participating at launch. The steering committee includes business leaders like IBM CEO Arvind Krishna, multinational organizations like the OECD and UNESCO, and worker group representatives like International Trade Union Confederation general secretary Sharan Burrow.
The Global AI…
MIT CSAIL claims its breast cancer prediction AI works equally well across demographic groups
January 28, 2021
Researchers at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) say they’ve created a breast cancer risk-assessment algorithm that shows consistent performance across patients from the U.S., Europe, and Asia. This new algorithm captures the…
Ukko raises $40 million to address food allergies with AI
January 27, 2021
Ukko, a 30-employee biotech company using AI to investigate solutions for food allergies and sensitivities, today raised $40 million in a series B round led by Bayer’s Leaps by Bayer. Ukko says the new funding will allow it to enter clinical trials with an investigational…
A burgeoning subfield of AI focuses on leveraging models to improve the performance of robots that follow instructions given by people. These models generate directions (e.g., “Walk up the stairs and enter the first room on the left”) that ostensibly improve robots’ navigation performance in simulated and real-world environments. But a study coauthored by Google researchers finds that the…
