AI & Robotics

There’s plenty in the way of competition with respect to the audio transcription market, which is estimated to be worth $31.82 billion by 2025. But AISense — the startup behind speech-to-text service Otter — managed to carve out a niche for itself in the four years since its founding. Its funding reflects this — the company today confirmed to VentureBeat that it’s raised $10 million in a…

Phiar, a Palo Alto-based startup that is using artificial intelligence and augmented reality to enhance vehicular navigation, is finally making its long-awaited AR driving app available for the first time — albeit in a limited fashion. The company today announced the start of a private beta program for iPhone users, and plans to expand the program to Android devices later in 2020. Founded by…

We’ve all been there: You’re snapping pics with your phone — perhaps of a high-speed bike ride or of a hockey match — and don’t think to check whether the autofocus is in lockstep with the action. It isn’t, as you later discover, and you’re stuck with a gallery of unusably blurry photos. In search of a solution, scientists at the Inception Institue of Artificial Intelligence in the…

Artificial intelligence startups appear to be booming. Global venture capital increased 20% in 2019, while acquisitions jumped 24.8% from the previous year. According to a new report from CB Insights, AI companies raised $26.58 billion across 2,235 deals in 2019, up from 1,940 deals the previous year that totaled $22.148 billion. The 2019 numbers included 10 rounds of more than $100 million…