Can AI and machine learning improve the quality of your workout routine? As the wearable AI market climbs to $180 billion, Tempo (previously Pivot), is betting that it can. Today, the startup launched a $1,995 AI-powered home fitness system (with a $250 down deposit and $39 monthly subscription) that will begin shipping in Summer 2020. CEO and cofounder Moawia Eldeeb claims it’s the first weight…
It takes between 20 days to 30 days for a company to create, negotiate, and finalize a contract, according to Aberdeen Research. And it isn’t cheap — the amount businesses spend on a standard procurement contract increased 38% from 2011 to 2017, to an average of…
The infrastructure required to handle AI workloads is often as complex as it is sprawling, but a cottage industry of startups has emerged whose focus is developing solutions for end customers. SambaNova Systems is one such startup — the Palo Alto, California-based firm…
Wikipedia offers a wealth of knowledge on countless topics to those who know where to look, but therein lies the rub — navigating its database of over 6 billion articles requires some web-crawling finesse. In an effort to streamline the search, researchers at Salesforce developed what they call a graph-based trainable retriever-reader framework, which sequentially retrieves paragraphs from…
Amazon pilots AI-powered customer support agents
February 25, 2020
Might AI help improve customer service for the millions of people who shop on Amazon.com? Amazon intends to find out. In a blog post, the Seattle tech giant revealed that it’s testing two AI-based systems to handle incoming shopper inquiries. One fields requests from…
Revl raises $5.2 million to stitch together videos with AI
February 25, 2020
Creating even a basic video can be time-consuming and costly, with costs ranging from $75 to $150 per hour. This situation spurred Bruce Pla, Eric Sanchez, and Nelson Vazquez to found Revl, which creates videos and photos optimized for popular social networks and…
Neural networks learn differently from people. If a human comes back to a sport after years away, they might be rusty but they will still remember much of what they learned decades ago. A typical neural network, on the other hand, will forget the last thing it was trained to do. Virtually all neural networks today suffer from this “catastrophic forgetting.”
It’s the Achilles’ heel of…
Vimeo launches AI-powered social video editing platform out of beta
February 25, 2020
Vimeo has officially launched its new short-form social video editing platform, a month after first introducing the tool in beta.
Vimeo Create, as the new service is called, represents the first fruits of Vimeo’s reported $200 million Magisto acquisition last year.
Staff at a California school district reportedly spent 20% of their time searching for lost documents until they retained the services of a records management company. It’s not a unique problem — the average manager spends four weeks out of the year looking for records…
FogHorn raises $25 million to support edge AI app development
February 25, 2020
The edge AI market — that is, the market for devices that run AI applications locally, without cloud processing — is anticipated to grow substantially in the coming months. According to Deloitte, more than 750 million edge AI chips will be sold by year-end (up from a predicted 300 million in 2017), representing $2.6 billion in revenue. And by 2024, the number of chips sold could reach 1.5…
