A new whitepaper coauthored by researchers at the Vector Institute for Artificial Intelligence examines the ethics of AI in surgery, making the case that surgery and AI carry similar expectations but diverge with respect to ethical understanding. Surgeons are faced with moral and ethical dilemmas as a matter of course, the paper points out, whereas ethical frameworks in AI have arguably only…
Data-driven construction reporting company Buildots this week announced it raised $16 million, a combination of a $3 million seed round and a $13 million series A. Cofounder Roy Danon says it’ll be used to scale and improve the company’s products as Buildots expands to…
Candis, a startup developing a platform for automated accounting and payment processes, this week closed a €12 million ($13.97 million) financing round. A spokesperson for the company said it’ll be used to further development of Candis’ machine learning engine and fuel…
In partnership with researchers at MIT and the Georgia Institute of Technology, Intel scientists say they’ve developed an automated engine — Machine Inferred Code Similarity (MISIM) — that can determine when two pieces of code perform similar tasks, even when they use different structures and algorithms. MISIM ostensibly outperforms current state-of-the-art systems by up to 40 times, showing…
Aquicore, an information tech startup offering cloud-based software for asset operations, today secured $14 million in financing. The company says it’ll use the funding to advance its platform and expand into European markets.
The buildings sector accounts for about 76% of…
Facebook researchers developed a general AI framework called Recursive Belief-based Learning (ReBeL) that they say achieves better-than-human performance in heads-up, no-limit Texas hold’em poker while using less domain knowledge than any prior poker AI. It’s their…
Density raises $51 million to promote social distancing with AI occupancy-tracking sensors
July 28, 2020
Density, a startup building AI-powered, people-counting infrared sensors, today closed a $51 million financing round. The infusion brings the San Francisco-based startup’s total raised to over $74 million, following $23 million in previous funding. Cofounder and CEO Andrew Farah says the $51 million will be put toward addressing “unprecedented demand” from offices, manufacturers, grocery…
Advertima, a startup leveraging AI to customize in-store experiences, today closed a €15 million ($17.3 million) funding round. CEO Iman Nahvi says the company will put the new funds plus €10 million ($11.5 million) of its own capital toward refining its tracking…
I typically think of the dog days of summer as a time when news slows down. It’s typically when a lot of people take time off work, and the lull leads local news stations to cover inconsequential things like cat shows or a little baby squirrel on a little baby Jet Ski. But…
In a study accepted to the upcoming 2020 European Conference on Computer Vision, MIT and MIT-IBM Watson AI Lab researchers describe an AI system — Foley Music — that can generate “plausible” music from silent videos of musicians playing instruments. They say it works on a variety of music performances and outperforms “several” existing systems in generating music that’s pleasant to…
