AI & Robotics

Forter, an automated fraud detection platform for ecommerce, has raised $125 million in a series E round that values the company at over $1.3 billion. The raise comes as ecommerce transactions surge under pandemic-driven lockdowns. But the throngs of people jumping online to shop have opened the floodgates to fraud. Recent data suggests digital fraud attacks have doubled in 2020, while the U.K.

ControlUp, a startup leveraging AI to help IT teams remediate problems with on-premise, hybrid, and cloud infrastructure, today raised $27 million in funding. The company says the investment will enable it to expand its platform and market presence to monitor user experiences for office and work-from-home deployments. Technology like remote desktop software that allows teams to stay connected…

IBM today acquired Instana, a German-American software firm that specializes in developing application performance management software. The acquisition represents IBM’s continued investment in hybrid cloud, big data, and AI capabilities. Terms of the deal weren’t disclosed. As workflows evolve, organizations are moving away from monolithic apps toward more complex distributed systems. With…

Google today announced the launch of Tree Canopy Lab for Los Angeles, a tool that combines AI and aerial imagery to help cities see their current tree canopy coverage and plan future tree-planting projects. Google says that Tree Canopy Lab, which is a part of the company’s Environmental Insights Explorer platform, could make it easier for cities to measure, plan, and reduce carbon emissions and…