Nightfall (formerly Watchtower AI), a San Francisco-based provider of cloud data loss prevention solutions, today emerged from stealth with $20.3 million in funding led by Bain Capital Ventures and Venrock, with participation from Pear VC and Atlassian CTO Sri Viswanath. CEO Isaac Madan said the proceeds from this latest round will bolster Nightfall’s R&D and market expansion.
“Our mission…
Miso Robotics seeks $30 million in equity crowdfunding campaign
November 7, 2019
Pasadena, California-based Miso Robotics is pursuing an unconventional approach to fundraising. The robotics company announced that instead of securing a tranche from institutional investors, as is typical for young startups, it will kick off an equity crowdfunding round…
Nvidia unveils Jetson Xavier NX for edge AI
November 6, 2019
Nvidia today unveiled the Jetson Xavier NX, a module for training and deploying AI systems on edge devices like drones, cars, and robots. The Xavier NX is about the size of a credit card that can achieve 21 TOPS for AI workloads, while consuming as little as 10 watts of…
Samsung’s VASTA system uses AI to let users program smartphone tasks visually, without coding
November 6, 2019
Assistants like Samsung’s Bixby are fairly versatile where task automation is concerned — they’ll perform multi-step commands like “Open Facebook and share the three most recent photos” without complaint — but they’re not perfect. It’s incumbent on developers to program said tasks, which means that for users, it becomes more or less a waiting game.
Perhaps that’s why researchers…
Whenever an Adobe event offers Sneaks — quick previews of what its researchers are working on — there’s a caveat that the “projects” might not wind up in shipping products. But they often do, and if that happens with the company’s just-revealed collection of…
Neural Magic raises $15 million to boost AI training speed on off-the-shelf processors
November 6, 2019
Despite the proliferation of accelerator chips like Google’s tensor processing unit (TPU) and Intel’s forthcoming Nervana NNP-T, most machine learning practitioners are limited by budget or design to commodity processors. Unfortunately, these processors tend to train…
Extended warranties are big business. How big? A report from Research and Markets estimates the segment will reach a whopping $50.2 billion by 2026. There’s unsurprisingly merchant interest in the opportunity, but most sellers lack the know-how and bandwidth required to pursue it.
That’s where Extend comes in. The San Francisco-based company, which offers what it describes as a full stack…
AI holds enormous promise for the public sector — at least theoretically. But in practice, integrating AI components into public sector apps is limited by the fragility of those components and by mismatches among them. For example, if a machine learning model is trained on…
NVIDIA's AI will help USPS handle packages 10 times faster
November 5, 2019
The US Postal Service (USPS) delivers an estimated 146 billion pieces of mail annually, including 6 billion packages. In an attempt to process package data more efficiently, USPS is experimenting with AI. Today, NVIDIA announced that it will provide USPS with its AI tech.
How can you distinguish between satire and fake news? It usually comes down to semantic and linguistic differences, but the nuances can be tough to spot. That’s why researchers at George Washington University, Amazon AWS AI, and startup AdVerifai investigated a machine learning approach to classifying misleading speech. They say the AI model they developed, which outperformed the baseline, lays…
