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The field of artificial intelligence moves swiftly, with the pace of innovation only accelerating. While the software industry has been successful in deploying AI in production, the hardware industry — including automotive, industrial, and smart retail — is still in its infancy in terms of AI…
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Prior to the pandemic, average grocery profits hovered around 2%, mostly due to transportation and logistical inefficiencies. Shifting product demand and sales compounded these…
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Fetcher.ai, a recruitment platform that combines AI with human teams, today announced it has raised $6.5 million in a round led by G20 Ventures. The company, whose latest funding…
Robotics safety system developer Fort Robotics raises $13M to tackle workplace automation
March 19, 2021
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Fort Robotics, a startup developing a safety and security platform for robots, today announced it has raised $13 million in a funding round led by Prime Movers Lab. With the new investment, Fort says it will more than double the size of its workforce and expand its product offerings in “key…
Responsible AI in health care starts at the top — but it’s everyone’s responsibility (VB Live)
March 18, 2021
Presented by Optum
Health care’s Quadruple Aim is to improve health outcomes, enhance the experiences of patients and providers, and reduce costs — and AI can help. In this VB Live event, learn more about how stakeholders can use AI responsibly, ethically, and equitably…
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Torch.AI, a startup developing “network-centric” AI to deliver big data insights, announced that it raised $30 million. The company plans to put the proceeds toward growth as it…
Creo unveils AI-based BioBulb for indoor plant walls
March 18, 2021
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Creo has unveiled its BioBulb platform that allows businesses to create appealing indoor plant walls with automated water and nutrient systems.
The system uses AI to create a smart, green living system that allows nature to grow in environments with scarce resources, such as inside office building…
AI patent intelligence platform PatSnap secures $300M
March 17, 2021
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PatSnap, which offers a patent and R&D platform and services, today announced that it raised $300 million in series E funding from SoftBank Vision Fund 2 and Tencent Investment.
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Applied Materials has launched a new generation of optical semiconductor wafer inspection machines that incorporate big data and AI techniques.
These multimillion-dollar machines are…
AI and big data analytics startup Noogata nets $12M
March 17, 2021
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Noogata, a startup developing products for designing, implementing, and deploying big data analytics models at scale, today announced that it raised $12 million. In addition to expanding its workforce, Noogata plans to spend the capital on accelerating its go-to-market efforts as it seeks to acquire new…