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Since the early decades of artificial intelligence, humanoid robots have been a staple of sci-fi books, movies, and cartoons. Yet after decades of research and development in AI, we still have nothing that comes close to The Jetsons’ Rosey the Robot.
This is because many of our intuitive planning and motor skills —…
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Google parent Alphabet’s “moonshot” X lab announced last week at the White House Leaders Summit on Climate that it’s working on a project for the electric grid. Over the past three years…
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Facebook today announced that it developed an algorithm in collaboration with Inria called DINO that enables the training of transformers, a type of machine learning model, without labeled training…
IBM is acquiring Turbonomic to advance AIOps agenda
April 30, 2021
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IBM announced this week that it is acquiring Turbonomic, provider of application resource management (ARM) and network performance management (NPM) software infused with machine learning algorithms. Terms of the acquisition, which is expected to close this quarter, were not disclosed.
The two companies have a…
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Google this week pushed back against claims by earlier research that large AI models can contribute significantly to carbon emissions. In a paper coauthored by Google AI chief scientist Jeff Dean…
AI-powered cybersecurity platform Vectra AI raises $130M
April 29, 2021
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San Jose, California-based cybersecurity startup Vectra AI today announced it has raised $130 million in a funding round that values the company at $1.2 billion. Vectra says the investment will…
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Viso Trust, a platform that uses AI to perform cyber risk assessments, today announced it has raised $3 million. The company plans to use the funds to support expansion and hiring efforts, as well as sales, marketing, and R&D.
It’s estimated that over 65% of security breaches are attributable to third-party…
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Research firm Gartner estimates the market for hyperautomation-enabling technologies will reach $596 billion in 2022, up nearly 24% from the $481.6 billion in 2020.
Gartner is expecting significant…
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OpenSpace, a platform that helps construction companies track building projects through AI-powered analytics and 360-degree photo documentation, has raised $55 million in a series C round of…
Pricefx launches AI-powered market simulation tool
April 28, 2021
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AI has the potential to add value to marketing and sales operations. According to a McKinsey survey, 40% of marketing departments using AI achieve 6% or higher revenue growth on average. In sales, respondents most often report revenue increases from AI use in pricing, prediction of likelihood to buy, and customer-service…