AI & RoboticsNews

Verbit raises $31 million for human-in-the-loop AI transcription tech

The voice and speech recognition tech market is anticipated to be worth $31.82 billion by 2025, driven by new applications in banking, health care, and automotive industries. And Tom Livne, who cofounded Verbit.ai with Eric Shellef and Kobi Ben Tzvi in 2017, asserts the Tel Aviv and New York-based startup will contribute substantially to the segment’s rise. Verbit’s adaptive speech…
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AI & RoboticsNews

Facebook taught its AI to speak math

I speak two languages, English and Bad English. My understanding of math is significantly worse. In fact, I had to redo Calculus 2A four different times in college in order to graduate, mostly because I could never properly calculate a ladder’s rate of acceleration as it fell away from a wall. You know, the sort of theoretical quandaries that really matter in our day to day lives. My…
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AI & RoboticsNews

KeyMe raises $35 million to duplicate keys with AI

Normally, duplicating a key would require an expensive trip to the locksmith, but New York-based KeyMe — which was founded in 2012 by Greg Marsh, former director of finance at auto tech company Aperia Technologies — hopes to change the paradigm with a network of…
AI & RoboticsNews

Amazon taps AI to discover why customers buy seemingly irrelevant products

Why do customers buy products seemingly irrelevant to their web and voice assistant searches? That’s a good question — and one a team of Amazon researchers sought to answer in a study scheduled to be presented at the upcoming ACM Web Search and Data Mining conference in February. In the report, they say their analyses — which looked at purchases and “engagements,” the latter defined as…
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AI & RoboticsNews

Google’s AI predicts local precipitation patterns ‘instantaneously’

Google hopes to tap AI and machine learning to make speedy local weather predictions. In a paper and accompanying blog post, the tech giant detailed an AI system that uses satellite images to produce “nearly instantaneous” and high-resolution forecasts — on average, with a roughly one kilometer resolution and a latency of only 5-10 minutes. The researchers behind it say it outperforms…
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