AI & RoboticsNews

Molecula raises $17.6 million for its AI feature store technology

Molecula, which is developing a cloud-based feature store for AI and machine learning workloads, today announced it has raised $17.6 million. The company says the proceeds will be put toward accelerating the launch of its managed cloud service and bolstering its sales and marketing efforts. Enterprises embracing an AI-first strategy must contend with federating, pre-aggregating, copying, and…
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AI & RoboticsNews

Google trained a trillion-parameter AI language model

Parameters are the key to machine learning algorithms. They’re the part of the model that’s learned from historical training data. Generally speaking, in the language domain, the correlation between the number of parameters and sophistication has held up remarkably well.
AI & RoboticsNews

What this bald eagle and neural network depiction have to do with future U.S. AI strategy

The White House Office of Science and Technology Policy (OSTP) today announced the launch of the National Artificial Intelligence Initiative Office, an organization that will coordinate and oversee national AI policy initiatives for the United States government. “The Office is charged with overseeing and implementing the United States national AI strategy and will serve as the central hub for…
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AI & RoboticsNews

Ambarella unveils 8K AI vision processor for car, drone, and robot cameras

Ambarella has unveiled the CV5 AI Vision Processor to handle 8K image processing for car, consumer, crone, and robot cameras. The new 5-nanometer camera system on chip (SoC) is the latest in the company’s CVflow family, and it consumes under 2 watts of power. The chip is about 4 times more powerful than the previous-generation chip. Chris Day, VP of marketing and business development at…
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AI & RoboticsNews

Equifax will pay $640 million for Kount’s AI-driven identity and fraud prevention tools

Equifax announced today that it would pay $640 million to acquire Kount, a company that uses artificial intelligence to drive its fraud prevention and digital identity services. In a press release, Equifax executives said the deal would allow the company to further expand into these markets. Kount uses AI to analyze 32 billion transactions across 17 billion devices. As the system builds its…
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