Though humans historically provided concierge services for commercial buildings, guiding visitors to their destinations and answering questions, artificial intelligence and computer vision have advanced to the stage where fully digital alternatives can offer the same or better guidance. So Resonai is targeting enterprises with today’s launch of Vera Concierge, an augmented reality system that…
Canvas emerges from stealth with AI for drywall installation
November 26, 2020
Canvas, a company that uses machine learning to install drywall at construction sites, emerged from stealth today. Canvas was founded in 2017 and uses a modified JLG lift, robotic arm, and sensors to automate drywall installation.
Once that task is perfected, Canvas plans to…
Fable Studio won an Emmy Award for its Wolves in the Walls virtual reality project. Now it’s relaunching Lucy, a next-generation AI character, to have conversations in the wider world.
Lucy will soon be available on social platforms such as Zoom, Facebook, and Google…
Forter raises $125 million at a $1.3 billion valuation to combat ecommerce fraud with AI
November 26, 2020
Forter, an automated fraud detection platform for ecommerce, has raised $125 million in a series E round that values the company at over $1.3 billion.
The raise comes as ecommerce transactions surge under pandemic-driven lockdowns. But the throngs of people jumping online to shop have opened the floodgates to fraud. Recent data suggests digital fraud attacks have doubled in 2020, while the U.K.
Deepfence nabs $9.5 million to build AI shields for cloud workloads
November 26, 2020
Deepfence, a startup developing a cybersecurity platform focused on protecting cloud-native workloads, today nabbed $9.5 million in funding. The 10-employee company says this investment follows a year in which its revenues and customer base more than doubled.
Some 20% of…
What enterprise CISOs need to know about AI and cybersecurity
November 26, 2020
Hari Sivaraman is the Head of AI Content Strategy at Venturebeat.
Modern day enterprise security is like guarding a fortress that is being attacked on all fronts, from digital infrastructure to applications to network endpoints.
That complexity is why AI technologies…
ControlUp, a startup leveraging AI to help IT teams remediate problems with on-premise, hybrid, and cloud infrastructure, today raised $27 million in funding. The company says the investment will enable it to expand its platform and market presence to monitor user experiences for office and work-from-home deployments.
Technology like remote desktop software that allows teams to stay connected…
Researchers in China say they’ve created sarcasm detection AI that achieved state-of-the-art performance on a dataset drawn from Twitter. The AI uses multimodal learning that combines text and imagery since both are often needed to understand whether a person is being…
Cogito raises $25 million to analyze phone calls with AI
November 26, 2020
Boston-based call analytics startup Cogito today closed a $25 million convertible debt round led by Goldman Sachs Growth Equity, Salesforce Ventures, and other new and existing investors. The company says this latest capital will be used to expand its go-to-market efforts…
IBM acquires Instana for its AI-powered app performance monitoring
November 26, 2020
IBM today acquired Instana, a German-American software firm that specializes in developing application performance management software. The acquisition represents IBM’s continued investment in hybrid cloud, big data, and AI capabilities. Terms of the deal weren’t disclosed.
As workflows evolve, organizations are moving away from monolithic apps toward more complex distributed systems. With…
