Transform 2020, VentureBeat’s AI event of the year for enterprise decision-makers, is shifting to an online-only event to protect our community amid concerns around the coronavirus.
Transform 2020 will be held online July 15-17, expanding from two days to three. Each day is dedicated to a central theme in AI, spanning the Conversational AI Summit, Technology & Automation Summit, IoT & AI…
Microsoft claims to have developed a system that correctly distinguishes between security and non-security software bugs 99% of the time, and that accurately identifies critical, high-priority security bugs on average 97% of the time. In the coming months, it plans to…
MIT’s AI suggests that social distancing works
April 16, 2020
In a preprint academic paper published in early April, MIT researchers describe a model that quantifies the impact of quarantine measures on the spread of COVID-19, the novel coronavirus. Unlike most of the models that have so far been proposed, this one doesn’t rely on…
Vast Data, a company developing large-scale flash storage solutions, today announced that it raised $100 million at a $1.2 billion valuation (up three times since February 2019). CEO Renen Hallak says it’ll be used to drive expansion and lay runway for the startup’s future growth, which bodes well for customers like the National Institutes of Health, Squarepoint, Ginkgo Bioworks, General…
Online learning startup Coursera today debuted CourseMatch, an AI tool that matches classes in schools’ on-campus course catalogs to relevant offerings in Coursera’s catalog. It’s a part of the startup’s Coronavirus Response Initiative that launched in early March…
Clova AI Research uses unsupervised learning to deliver state-of-the-art image style transfers
April 16, 2020
AI researchers in South Korea created an AI system named U-GAT-IT, an unsupervised learning model for image-to-image translation. They said U-GAT-IT outperforms four other top generative networks created with unsupervised learning in almost every instance.
Image-to-image…
Fleet optimization startup Autofleet today announced that it secured $7.5 million in equity financing, the bulk of which CEO Kobi Eisenberg says will be put toward global expansion and R&D. The hope is to further develop AI that forecasts demand prediction, placement matching, and more, enabling fleet operators to minimize risk and reliably fulfill contractual obligations.
The global fleet…
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…
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 that state-backed hackers and online criminals are taking advantage of the COVID-19 crisis. The pandemic has led millions…
