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 giving its standard response: “Apple buys smaller technology companies from time to time, and we generally do not…
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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

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

January 15, 2020
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

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 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

January 15, 2020
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

January 15, 2020
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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