AI & RoboticsNews

Phenom People raises $30 million for AI recruitment platform used by Microsoft, others

January 16, 2020
Phenom People, a human resources (HR) platform that leverages artificial intelligence (AI) to help companies attract new talent, has raised $30 million in a series C round of funding led by WestBridge Capital, with participation from eBay founder Pierre Omidyar’s VC firm Omidyar Ventures, AXA Venture Partners, Sierra Ventures, Sigma Prime Ventures, Karlani Capital, and a fund belonging to…
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AI & RoboticsNews

Dewo uses AI to minimize digital distractions

January 16, 2020
The average person is distracted every 40 seconds when working in front of a computer. Indeed, even the most productive workers get only 11 minutes on average between interruptions. Increasingly, with experiments like Digital Wellbeing and Screen Time, tech giants are…
AI & RoboticsNews

Apple just bought a low-power AI startup

January 16, 2020
Apple has acquired another Seattle-based AI startup, Xnor.ai. The startup specializes in low-power edge-based tools that allow AI to operate on devices, rather than in the cloud. The tech could allow Apple to bring edge-based AI software to future iPhone models. Apple is…
AI & RoboticsNews

How DeepMind is unlocking the secrets of dopamine and protein folding with AI

January 16, 2020
Demis Hassabis founded DeepMind with the goal of unlocking answers to some of the world’s toughest questions by recreating intelligence itself. His ambition remains just that — an ambition — but Hassabis and colleagues inched closer to realizing it this week with the publication of papers in Nature addressing two formidable challenges in biomedicine. The first paper originated from…
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AI & RoboticsNews

Apple acquires edge AI startup Xnor

January 16, 2020
Apple has acquired AI startup Xnor.ai, a source familiar with the matter told VentureBeat today. Xnor focuses on the efficient deployment of AI in edge devices like smartphones, cameras, and drones. Apple reportedly paid roughly $200 million for the company, according to…
AI & RoboticsNews

Zinier raises $90 million to embed field service work with AI and machine learning

January 15, 2020
It’s anticipated that workplace automation tools will see an uptick in adoption in the next few years. One company leading the charge is San Francisco-based Zinier, which was founded in October 2015 by Andrew Wolf and former TripAdvisor market development manager Arka Dhar. A developer of intelligent field service automation, the startup provides a platform — intelligent service automation…
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AI & RoboticsNews

Facebook taught its AI to speak math

January 15, 2020
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…
AI & RoboticsNews

AI startups raised $18.5 billion in 2019, setting new funding record

January 15, 2020
While overall U.S. venture capital funding dipped in 2019, the artificial intelligence sector bucked this trend by reaching a new annual high for money raised by startups. According to 2019 data from the National Venture Capital Association, 1,356 AI-related companies in the U.S. raised $18.457 billion. That topped the 1,281 companies that raised $16.8 billion in 2018, according to the Q4 2019…
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