Phiar, a Palo Alto-based startup that is using artificial intelligence and augmented reality to enhance vehicular navigation, is finally making its long-awaited AR driving app available for the first time — albeit in a limited fashion. The company today announced the start of a private beta program for iPhone users, and plans to expand the program to Android devices later in 2020.
Founded by…
Kneron raises $40 million to grow edge AI chip design operations
January 23, 2020
Edge AI startup Kneron today announced it has raised $40 million in a round led by Horizon Ventures. The funding will be used to grow algorithms made specifically for on-device machine learning and semiconductor design operations.
Kneron released the KL520, a chip made for…
Large open source projects on Github have intimidatingly long lists of problems that require addressing. To make it easier to spot the most pressing, GitHub recently introduced the “good first issues” feature, which matches contributors with issues that are likely to fit…
Researchers use AI to deblur human faces in photos
January 22, 2020
We’ve all been there: You’re snapping pics with your phone — perhaps of a high-speed bike ride or of a hockey match — and don’t think to check whether the autofocus is in lockstep with the action. It isn’t, as you later discover, and you’re stuck with a gallery of unusably blurry photos.
In search of a solution, scientists at the Inception Institue of Artificial Intelligence in the…
Platforms that let shoppers virtually try on cosmetics, apparel, and accessories have exploded in popularity over the past decade, and it’s easy to see why. According to a survey conducted by banking company Klarna, 29% of shoppers prefer to browse for items online before…
As part of an annual look at global AI investment trends, CB Insights today reports that AI startups raised a record $26.6 billion in 2019 spanning more than 2,200 deals worldwide. That’s compared to roughly 1,900 deals totaling $22.1 billion in 2018 and about 1,700 deals…
AI startups raised record $26.6 billion globally in 2019
January 22, 2020
Artificial intelligence startups appear to be booming. Global venture capital increased 20% in 2019, while acquisitions jumped 24.8% from the previous year.
According to a new report from CB Insights, AI companies raised $26.58 billion across 2,235 deals in 2019, up from 1,940 deals the previous year that totaled $22.148 billion.
The 2019 numbers included 10 rounds of more than $100 million…
Machine learning algorithms aren’t just technological novelties relegated to tasks like picking out faces in crowded places. In the enterprise, they can surface patterns and relationships that would otherwise have been missed. To do just that, Outlier.ai’s business…
ServiceNow acquires AI for IT startup Loom Systems
January 22, 2020
ServiceNow today announced that it has acquired Loom Systems to strengthen automated insights for customers using the Now platform in order to help them quickly fix IT issues. Loom Systems CEO Gabby Menachem and some members of the Loom Systems team will join ServiceNow as…
Why the hybrid AI compromise isn’t a solution at all
January 22, 2020
Presented by Ople.ai
In recent years, AI has emerged as an undisputed competitive advantage, which means smart business leaders facing the digital transformation have some really familiar questions: How do you measure success? What questions do you need to ask to ensure that you’re making the right decisions right out of the gate? And most importantly, how do you implement AI in your business…