AI & RoboticsNews

AI Weekly: AI-driven optimism about the pandemic’s end is a health hazard

As the pandemic reaches new heights, with nearly 12 million cases and 260,000 deaths recorded in the U.S. to date, a glimmer of hope is on the horizon. Moderna and pharmaceutical giant Pfizer, which are developing vaccines to fight the virus, have released preliminary data suggesting their vaccines are around 95% effective. Manufacturing and distribution is expected to ramp up as soon as the…
Read more
AI & RoboticsNews

BeyondMinds raises $15 million to drive enterprise AI adoption

BeyondMinds today announced a $15 million funding round led by Check Point cofounder Marius Nacht. The company, which is based in Tel Aviv and New York, says it will devote the bulk of these funds to sales and product R&D as it expands its customer base. The benefits of AI and machine learning can feel intangible at times, but surveys show this hasn’t kept enterprises from adopting the…
Read more
AI & RoboticsNews

Resonai offers enterprises an AR-AI concierge for commercial buildings

Though humans historically provided concierge services for commercial buildings, guiding visitors to their destinations and answering questions, artificial intelligence and computer vision have advanced to the stage where fully digital alternatives can offer the same or better guidance. So Resonai is targeting enterprises with today’s launch of Vera Concierge, an augmented reality system that…
Read more
AI & RoboticsNews

Forter raises $125 million at a $1.3 billion valuation to combat ecommerce fraud with AI

Forter, an automated fraud detection platform for ecommerce, has raised $125 million in a series E round that values the company at over $1.3 billion. The raise comes as ecommerce transactions surge under pandemic-driven lockdowns. But the throngs of people jumping online to shop have opened the floodgates to fraud. Recent data suggests digital fraud attacks have doubled in 2020, while the U.K.
Read more