Research into AI- and machine learning model-driven methods for health care suggests that they hold promise in the areas of phenotype classification, mortality and length-of-stay prediction, and intervention recommendation. But models have traditionally been treated as black boxes in the sense that the rationale behind their suggestions isn’t explained or justified. This lack of…
AI-powered math tutoring app Photomath raises $23 million
February 19, 2021
AI-powered math tutoring app Photomath today announced that it raised $23 million in series B funding. The company says the proceeds will be used to grow headcount, invest in AI, and scale both product and marketing development.
An estimated 65% of households in the U.S.
MIT CSAIL taps AI to reduce sheet metal waste
February 19, 2021
Researchers at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) say they’ve created an AI-powered tool that provides feedback on how different parts of laser-cut designs should be placed onto metal sheets. By analyzing how much material is used in…
The impact of AI on people who identify as queer is an underexplored area that ethicists and researchers need to consider, along with including more queer voices in their work. That’s according to a recent study from Google’s DeepMind that looked at the positive and negative effects of AI on people who identify as lesbian, gay, bisexual, transgender, or asexual. Coauthors of a paper on the…
IBM proposes AI chip with benchmark-beating power efficiency
February 18, 2021
IBM claims to have developed one of the world’s first energy-efficient chips for AI inferencing and training built with 7-nanometer technology. In a paper presented at the 2021 International Solid-State Circuits Virtual Conference in early February, a team of researchers…
Peak.AI raises $21 million to drive enterprise AI adoption
February 18, 2021
Peak.AI, a startup developing AI solutions for enterprise customers, today announced that it closed a $21 million series B round. The funds, which bring Peak’s total raised to date to $43 million, will drive the company’s R&D and commercial expansion in the U.S. and…
Edgybees, a provider of georegistration and augmented reality tools for drone operators, today announced that it raised $9.5 million, bringing its total raised to $15 million. The company says the proceeds will be used to drive product research, expand global adoption, and support an “aggressive” hiring strategy.
The commercial drone market was already accelerating, with reports the industry…
Recogni raises $48.9 million for AI-powered perception chips
February 18, 2021
Recogni, a startup designing an AI-powered vision recognition module for autonomous vehicles, today announced it raised $48.9 million. The company says the funds will help it bring its perception product to market while expanding the size of its engineering and go-to-market…
Locus Robotics, a Wilmington, Massachusetts-based warehouse robotics startup, today announced it has raised $150 million in series E funding at a $1 billion post-money valuation. The company says the funding will allow it to accelerate product innovation and global…
While appreciation of the potential impact AI can have on business processes has been building for some time, progress has not nearly been as quick as many initial forecasts led many organizations to expect.
Arin Bhowmick, chief design officer for IBM, explained to VentureBeat what needs to be done to achieve the level of AI explainability that will be required to take AI to the next level in the…
