AI & RoboticsNews

AIStorm raises $16 million for low-powered AI edge computing chips

December 15, 2020
AIStorm, an AI startup developing chipsets that can directly process data from devices, has raised $16 million. The company says the funding will enable it to scale manufacturing to deploy its hardware for devices like handsets, notebooks, smart speakers, remote controls, TVs, earbuds, IoT, and wearables and for transport applications. Edge computing is forecast to be a $6.72 billion market by…
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AI & RoboticsNews

Truera raises $12 million for its AI explainability platform

December 14, 2020
Truera, a startup developing a machine learning model intelligence platform, today announced it has raised $12 million. The company says it will put the funds toward product R&D and expanding its geographic footprint. According to a McKinsey survey, while 39% of executives say their companies recognize the risks associated with lack of “explainability,” or the ability to explain how AI…
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AI & RoboticsNews

Netflix explains how it uses AI to sell you on a show

December 13, 2020
If Netflix’s decisions on marketing its hundreds of original shows seem highly calculated… that’s probably because they were. Netflix has outlined how it uses AI to market shows and predict their success in ways that conventional box office numbers and Nielsen ratings likely couldn’t match. Effectively, it comes down to finding connections and determining the likely audience sizes. The…
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AI & RoboticsNews

AI Weekly: NeurIPS 2020 and the hope for change

December 12, 2020
On Monday morning, organizers of NeurIPS, the largest annual gathering of AI researchers in the world, gave Best Paper awards to the authors of three pieces of research, including one detailing OpenAI’s GPT-3 language model. The week also started with AI researchers…
AI & RoboticsNews

Teachable AI will help Alexa users set up preferences

December 11, 2020
Amazon today detailed a capability coming to Alexa called Teachable AI that will enable the assistant to ask questions to fill gaps in its understanding. First announced during the company’s September virtual press event, Teachable AI leverages machine learning to determine whether a request can be a trigger for a teachable moment. If Alexa makes this determination, it will ask a customer for…
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