AI & RoboticsNews

Intel CEO: We’re confident in the future, we generated $3.8 billion in AI revenue in 2019

January 24, 2020
Intel reported strong fourth-quarter earnings and revenues that beat Wall Street’s expectations today. And Bob Swan, CEO of the biggest maker of PC and datacenter processors, said in an analyst call today that the company had gained market share and was confident in its future. In 2019, Swan said Intel generated $3.8B in AI-based revenue. The AI market opportunity is expected to be $25 billion…
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AI & RoboticsNews

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 deployment of AI on smart home and IoT devices last year, and showcased the KL720 at CES earlier this month. Manufacturers…
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AI & RoboticsNews

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…
AI & RoboticsNews

Adobe’s AI lets you preview any item of clothing on a virtual body model

January 22, 2020
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 actually buying them, while 49% are interested in solutions that take their measurements so they can be sure something will…
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AI & RoboticsNews

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…
AI & RoboticsNews

Outlier raises $22.1 million to spot anomalies in business data with AI

January 22, 2020
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 analysis platform extracts data from internal and external sources and analyzes it to spot critical changes in behavior. Investors…
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