Lilt, which develops AI-powered business translation software, today announced it has raised a fresh $25 million. The company says the cash infusion will enable future product development, research into natural language processing, and acceleration of its go-to-market strategy.
Lilt’s solutions target development and deployment challenges around enterprise marketing, support, ecommerce, and…
Intel today announced that Intel Capital, its global investment organization, committed a total of $132 million to 11 startups focused on AI, automation, and chipset design. It follows a year in which the firm invested $466 million in 36 new companies (and 35 follow-on…
Logistics startup DispatchTrack today announced it raised $144 million in the company’s first-ever financing round. CEO Satish Natarajan says it’ll be used to support product research and development, as well as business, segment, and geographic expansion.
The logistics…
Last month, Walmart launched Express Delivery, a service that allows customers to receive orders in two hours or less. Pilot tests began across 100 U.S. stores on April 16, and Walmart plans to expand Express Delivery to nearly 1,000 stores in early May and about 2,000 in the weeks after.
Express Delivery, which offers more than 160,000 items across Walmart’s inventory, wasn’t motivated…
Businesses eager to embrace cutting-edge technology are exploring quantum computing, which depends on qubits to perform computations that would be much more difficult, or simply not feasible, on classical computers. The ultimate goals are quantum advantage, the inflection…
Contact tracing has quickly emerged as the go-to method of tracking the spread of the coronavirus among the general population, but there have been crucial questions around the most effective, ethical, and legal ways of doing so. New legislation introduced this week, the…
Aidoc, which bills itself as an AI solutions provider for radiologists, today announced that the U.S. Food and Drug Administration has allowed the use of its algorithms for “adjunctive” detection of findings associated with COVID-19. The models aren’t meant to replace traditional COVID-19 diagnostic tests, like serological tests and nasopharyngeal swabs, but the agency’s allowance…
In a preprint paper, researchers at Alphabet’s DeepMind and the University of California, Berkeley propose a framework for comparing the ways children learn about the world to the way AI learns. The work, which was motivated by research suggesting children’s learning…
Just in time for the home fitness craze, Exer has launched its AI-based coach that shows you how to exercise correctly at home.
The first product available now is the Perfect Plank by Exer iPhone on the App Store and on Product Hunt, said Exer CEO Zaw Thet in an interview…
A paper coauthored by researchers at the University of Toronto’s Vector Institute and Google describes an AI technique tailored to health, science, and finance predictions called neural stochastic differential equations (SDEs).
It enables the modeling of random events that might affect a person, price, or the state of a complex system — a system comprised of many parts that might interact…
