Candis, a startup developing a platform for automated accounting and payment processes, this week closed a €12 million ($13.97 million) financing round. A spokesperson for the company said it’ll be used to further development of Candis’ machine learning engine and fuel growth and expansion within Europe, specifically in the Netherlands.
Most paperwork is still done manually. According to a…
In partnership with researchers at MIT and the Georgia Institute of Technology, Intel scientists say they’ve developed an automated engine — Machine Inferred Code Similarity (MISIM) — that can determine when two pieces of code perform similar tasks, even when they use…
Aquicore, an information tech startup offering cloud-based software for asset operations, today secured $14 million in financing. The company says it’ll use the funding to advance its platform and expand into European markets.
The buildings sector accounts for about 76% of…
Facebook researchers developed a general AI framework called Recursive Belief-based Learning (ReBeL) that they say achieves better-than-human performance in heads-up, no-limit Texas hold’em poker while using less domain knowledge than any prior poker AI. It’s their assertion that ReBeL is a step toward developing universal techniques for multi-agent interactions — in other words, general…
Density raises $51 million to promote social distancing with AI occupancy-tracking sensors
July 28, 2020
Density, a startup building AI-powered, people-counting infrared sensors, today closed a $51 million financing round. The infusion brings the San Francisco-based startup’s total raised to over $74 million, following $23 million in previous funding. Cofounder and CEO Andrew…
Advertima, a startup leveraging AI to customize in-store experiences, today closed a €15 million ($17.3 million) funding round. CEO Iman Nahvi says the company will put the new funds plus €10 million ($11.5 million) of its own capital toward refining its tracking…
I typically think of the dog days of summer as a time when news slows down. It’s typically when a lot of people take time off work, and the lull leads local news stations to cover inconsequential things like cat shows or a little baby squirrel on a little baby Jet Ski. But these are not typical times.
Fallout surrounding issues of bias and discrimination continues at Facebook, as multiple news…
In a study accepted to the upcoming 2020 European Conference on Computer Vision, MIT and MIT-IBM Watson AI Lab researchers describe an AI system — Foley Music — that can generate “plausible” music from silent videos of musicians playing instruments. They say it works…
Facebook today detailed Web-Enabled Simulation (WAS), an approach to building large-scale simulations of complex social networks. As previously reported, WES leverages AI techniques to train bots to simulate people’s behaviors on social media, which Facebook says it hopes…
Nvidia collaborates with the University of Florida to build 700-petaflop AI supercomputer
July 22, 2020
Nvidia and the University of Florida (UF) today announced plans to build the fastest AI supercomputer in academia. By enhancing the capabilities of UF’s existing HiPerGator supercomputer with the DGX SuperPod architecture, Nvidia claims the system — which it expects will be up and running by early 2021 — will deliver 700 petaflops (one quadrillion floating point operations per second) of…
