Untether AI, a Toronto-based startup that’s developing high-efficiency, high-performance chips for AI inferencing workloads, this morning announced that it has raised a $20 million series A round, following a small seed investment. Radical Ventures joined Intel Capital and other investors in the round, with Radical Ventures partner Tomi Poutanen joining as a board member.
Newly appointed CEO…
RedMarlin raises $10 million to fight counterfeiting with AI
November 5, 2019
Counterfeiting isn’t a new problem, but it’s a growing one. The global market for fake goods is estimated to exceed $1.2 trillion. Counterfeits take roughly $300 billion worth of revenue away from brands that have to compete with them. In worse news still, roughly two…
Ecobee rolls out Eco+, an AI engine in your thermostat
November 5, 2019
Smart home thermostat company Ecobee today rolled out Eco+, a free suite of machine learning features, to all its thermostats with voice support. Eco+ uses machine learning to tailor temperature settings and cut costs. It also helps you further reduce energy consumption and…
Medopad, a U.K.-based health technology startup that uses machine learning and big data analyses to help predict and manage chronic diseases in patients, has raised $25 million in a series B round of funding led by Leaps by Bayer, the VC arm of German pharmaceutical giant Bayer, with participation from NWS Holdings, Healthbox, among other investors.
Founded out of London in 2011, Medopad connects…
Truly autonomous vehicles — those without human safety drivers at the wheel — must be capable of determining when it’s safe to merge into traffic. Intersections with obstructed views make this somewhat challenging, but researchers at Toyota and MIT’s Computer Science…
Robot bees can crash into walls without taking damage
November 4, 2019
Tiny robotic fliers aren’t exactly durable at present, but they may be tough critters before long. Harvard researchers have developed a RoboBee that uses soft, artificial muscles (really, actuators) to fly without taking damage. The robot can smack into walls…
NVIDIA's RTX GPUs give a speed boost to Adobe's AI features
November 4, 2019
NVIDIA has unveiled a new RTX GPU features that will accelerate a new AI feature in Premiere Pro and speed up Adobe’s 3D apps, Dimension and Substance Alchemist. As Adobe just announced, Premiere has a new feature called Auto Reframe that can analyze content in a regular, 16×9 horizontal video and automatically convert it to a vertical smartphone format. That process can take a long…
Primates’ retinal ganglion cells receive visual info from photoreceptors that they then transmit from the eye to the brain. But not all cells are created equal — an estimated 80% operate at low frequency and recognize fine details, while about 20% respond to swift…
Adobe has just released major updates to Creative Cloud apps like Photoshop, Premiere Pro, After Effects and Lightroom. On top of the usual speed and productivity enhancements, many of those have gained time-saving features powered by Adobe’s AI Sensei algorithms, some…
Modzy is a marketplace for enterprise AI software and models
November 4, 2019
Companies are trying to find the most efficient ways to use machine learning models in their businesses. Modzy, a product of Booz Allen, is designed to make that process easier and safer for enterprises. Seth Clark, senior associate at Booz Allen, described Modzy in an interview with VentureBeat as a machine learning operationalization platform. More colloquially, it’s an online store where you…
