Kebotix, a startup developing AI tools to expedite the discovery of chemicals, today announced that it has raised $11.5 million. Investors were evidently impressed by the company’s machine learning and robotic process automation suite, which enables Kebotix’s private and public sector partners to uncover materials faster than with manual techniques.
Chemical development is a complex process…
Onfido raises $100 million to verify identities with AI
April 16, 2020
Onfido, a provider of cloud-based identity verification tools, today announced that it raised $100 million in equity financing. CEO Husayn Kassai says the bulk of the fresh capital will be put toward product R&D and global expansion, including further market penetration…
Awake Security, a cybersecurity platform that analyzes network traffic to identify and assess internal and external threats, has raised $36 million in a series C round of funding led by Evolution Equity Partners.
The fresh cash injection comes as cybersecurity officials warn…
Behavioral biometrics startup BioCatch today announced it has raised $145 million, bringing its total raised to $175 million. BioCatch’s offering could help combat the rise in identity theft and cybercrime that’s been growing over the past few decades.
While the number of identity theft victims in the U.S. fell by 15% (to 14.4 million) in 2018, the next year saw over 1 million children become…
Edited, a retail tech company leveraging AI to optimize product pricing, today announced that it raised $29 million. CEO Geoff Watts said the tranche will be put toward R&D and hiring as the company expands its global presence.
Tools like Edited serve a real and present…
Medopad rebrands to Huma, makes acquisitions to bolster its AI health monitoring portfolio
April 16, 2020
Digital health company Medopad today announced that it’s rebranding to Huma and acquiring two companies — BioBeats and Tarilian Laser Technologies (TLT) — to add support for new biomarkers to its AI-powered patient monitoring platform. When contacted for comment, a…
Under ideal circumstances, a smartphone’s AI assistant can not only understand the words you’re saying but also the appropriate context they’re meant in, such as the difference between answering “when will 2020 be over” in either a number of days, or the remaining hours until a 24-hour clock strikes 20:20. But context awareness can be challenging for AIs, which is why researchers are…
Uber claims its AI enables driverless cars to predict traffic movement with high accuracy
April 16, 2020
In a paper published on the preprint server Arxiv.org this week, researchers at Uber’s Advanced Technologies Group (ATG) propose an AI technique to improve autonomous vehicles’ traffic movement predictions. It’s directly applicable to the driverless technologies that…
Google’s AI enables robots to make decisions on the fly
April 16, 2020
In a paper published this week on the preprint server Arxiv.org, a team of researchers from Google Brain, Google X, and the University of Calfornia at Berkeley describe an extension to existing AI methods that enable an agent — for instance, a robot — to decide which…
Health care organizations use Nvidia’s Clara federated learning to improve mammogram analysis AI
April 16, 2020
A group of health care organizations in the United States and Brazil have used federated learning to improve AI mammography classification models for recognizing tumors and breast tissue density assessment. An Nvidia spokesperson declined to share specific performance details, but said a combined effort led to better classification model performance than models made by any of the individual health…
