Intel today announced that Intel Capital, its global investment organization, committed a total of $132 million to 11 startups focused on AI, automation, and chipset design. It follows a year in which the firm invested $466 million in 36 new companies (and 35 follow-on investments) and led 72% of its deals through 22 successful exits. In 2020, Intel Capital says it’s on track to invest around…
Logistics startup DispatchTrack today announced it raised $144 million in the company’s first-ever financing round. CEO Satish Natarajan says it’ll be used to support product research and development, as well as business, segment, and geographic expansion.
The logistics…
Last month, Walmart launched Express Delivery, a service that allows customers to receive orders in two hours or less. Pilot tests began across 100 U.S. stores on April 16, and Walmart plans to expand Express Delivery to nearly 1,000 stores in early May and about 2,000 in…
Businesses eager to embrace cutting-edge technology are exploring quantum computing, which depends on qubits to perform computations that would be much more difficult, or simply not feasible, on classical computers. The ultimate goals are quantum advantage, the inflection point when quantum computers begin to solve useful problems, and quantum supremacy, when a quantum computer can solve a problem…
Contact tracing has quickly emerged as the go-to method of tracking the spread of the coronavirus among the general population, but there have been crucial questions around the most effective, ethical, and legal ways of doing so. New legislation introduced this week, the…
Aidoc, which bills itself as an AI solutions provider for radiologists, today announced that the U.S. Food and Drug Administration has allowed the use of its algorithms for “adjunctive” detection of findings associated with COVID-19. The models aren’t meant to replace…
In a preprint paper, researchers at Alphabet’s DeepMind and the University of California, Berkeley propose a framework for comparing the ways children learn about the world to the way AI learns. The work, which was motivated by research suggesting children’s learning supports behaviors later in life, could help close the gap between AI and humans when it comes to aquiring new abilities. For…
Just in time for the home fitness craze, Exer has launched its AI-based coach that shows you how to exercise correctly at home.
The first product available now is the Perfect Plank by Exer iPhone on the App Store and on Product Hunt, said Exer CEO Zaw Thet in an interview…
A paper coauthored by researchers at the University of Toronto’s Vector Institute and Google describes an AI technique tailored to health, science, and finance predictions called neural stochastic differential equations (SDEs).
It enables the modeling of random events…
In a technical paper published on Arxiv.org this week, researchers at Facebook and Arizona State University lifted the hood on AutoScale, which shares a name with Facebook’s energy-sensitive load balancer. AutoScale, which could theoretically be used by any company were the code to be made publicly available, leverages AI to enable energy-efficient inference on smartphones and other edge…
