AI & RoboticsNews

Layer announces $3M seed to produce AI copilots that are ‘ten times’ faster than humans

AI copilots are increasingly the rage as the generative AI boom reaches its first-year anniversary (since the launch of OpenAI’s ChatGPT in November 2022). But even with companies from Microsoft to recruiting software iCIMS launching copilots — the question remains: how useful, reliable, and helpful will they be to end-users? Layer, a new startup based in Columbus, Ohio, seeks to help other…
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AI & RoboticsNews

Smarter than humans in 5 years? The breakneck pace of AI

Geoffrey Hinton, often dubbed one of the “Godfathers of AI,” has been particularly outspoken since his retirement from Google earlier this year. He is credited with perfecting and popularizing “backpropagation,” a pivotal algorithm that enables multi-layer neural networks to correct their mistakes. This breakthrough has been instrumental in the success of deep learning technologies, which…
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AI & RoboticsNews

Sparta aims to revolutionize commodity trading with AI-driven forecasting

Sparta, a startup that provides live market intelligence and forecasting insight for commodity traders, has announced a series A funding round of $17.5 million. The funding round was led by technology venture capital firm FirstMark, alongside existing shareholder Singular. The startup has built a platform that aims to transform the way traders gather, process, analyze and interpret data to inform…
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AI & RoboticsNews

How AI and other tech are accelerating game development | Steven Collins interview

The acceleration of technological change is evident everywhere, and it’s benefiting games in unseen ways. In 2016, King had only 2,000 levels for Candy Crush Saga. As the publisher King turns 20, there are now 15,000 levels for Candy Crush Saga, which has helped the company generate $20 billion in revenue and five billion downloads to date. The game had 238 million monthly active users in the…
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