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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, the lab says it has been investigating “new computational tools” designed to bring the grid “out of the industrial age…
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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…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
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, researchers at the company say that the choice of model, datacenter, and processor can reduce carbon footprint by up to 100…
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…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
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 growth for technology that enables organizations to rapidly identify, vet, and automate as many processes as possible and…
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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…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
The ability to automate decisions is becoming essential for enterprises that deal in industries where mission-critical processes involve many variables. For example, in the financial sector, assessing the risk of even a single transaction can become infinitely complex. But while the utility of AI-powered, automated…
