As physical retail struggles amid the global pandemic, storeowners are rapidly trying to adapt to new realities that also include growing competition from Amazon. But a French startup called Storelift believes it can create a new convenience store concept that leans on many of the same AI and computer vision tools used in Amazon Go stores to reinvent the shopping and checkout experience.
This…
Biofourmis raises $100 million for AI remote medical tools
September 3, 2020
Biofourmis, an AI health IT company based in Singapore, today announced it raised $100 million in a series C funding round led by SoftBank’s Vision Fund 2. CEO Kuldeep Singh Rajput said the company will use the proceeds to accelerate expansion, advance therapeutics…
Google Cloud secures U.S. military AI cancer research contract
September 3, 2020
Google Cloud announced today that it landed a contract to supply Veterans Affairs hospitals and Defense Health Agency treatment facilities with AI for predictive cancer and disease diagnosis. The contract comes from the Defense Innovation Unit (DIU), a Pentagon organization…
Google expands AI-powered flood alerts to all of India
September 1, 2020
In late 2018, in collaboration with the Central Water Commission of India, Israel Institute of Technology, and Bar-Ilan University, Google piloted a flood-predicting model in portions of Patna, India as a part of its Flood Forecasting Initiative. The company and its partners claimed the model could predict riverine floods — that is, floods from overrun riverbanks — with 75% accuracy during…
Nvidia Broadcast brings RTX-powered AI to livestreaming video
September 1, 2020
Nvidia is improving the suite of features it offers to livestreamers with its GeForce RTX graphics cards. The company introduced a revamped Nvidia Broadcast tool today as part of the rollout of its next-generation RTX 3000-series GPUs. This software uses RTX-accelerated…
Salesforce details new AI-powered products for field service workers
September 1, 2020
Salesforce today detailed the next generation of Salesforce Field Service, its suite of machine learning-powered tools tailored for field service. Among the highlights are appointment scheduling and optimization features, AI guidance and assert performance insights for…
Sarcos Robotics raises $40 million to develop an exoskeleton for industrial applications
September 1, 2020
Sarcos Robotics, a startup developing robots for industrial and defense applications, today nabbed $40 million in equity financing, bringing its total venture capital raised to nearly $100 million. The company plans to use the capital to commercialize its first full-body, self-powered product — the Guardian XO — ahead of an anticipated 2021 ship date.
According to a 2020 Grand View Research…
To coincide with the “Cloud AI” segment of its Cloud Next ’20: OnAir conference, Google today unveiled updates and new features across its portfolio of AI services. Contact Center AI, software that enables businesses to deploy virtual agents for customer service…
Location data analytics provider Cosmose AI today announced it raised $15 million in a funding round valuing the company at over $100 million. A spokesperson told VentureBeat the capital will be used to drive customer acquisition and product R&D.
Keeping apprised of…
Researchers at the Allen Institute for AI today launched AllenAct, a platform intended to promote reproducible research in embodied AI with a focus on modularity and flexibility. AllenAct, which is available in beta, supports multiple training environments and algorithms with tutorials, pretrained models, and out-of-the-box real-time visualizations.
Embodied AI, the AI subdomain concerning systems…
