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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, 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…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
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…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
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…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
Adobe today unfurled an enhanced Adobe Customer Journey Analytics cloud service that enables organizations to apply AI to data from both online and offline sources to gain deeper insights into…
Open source AI stack is ready for its moment
April 27, 2021
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Open source stacks enabled software to eat the world. Now, several innovative companies are working to build a similar open source software stack for AI development.
Dan Jeffries was there when the…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
(Reuters) — Apple on Monday said it will establish a new campus in North Carolina that will house up to 3,000 employees, expand its operations in several other U.S. states and increase its spending targets with U.S. suppliers.
Apple said it plans to spend $1 billion as it builds a new campus and engineering hub in the…
