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 Hangouts, and people can have conversations with her that will seem realistic because she can draw upon sophisticated memory and…
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…
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 such as deep learning and machine learning have emerged as a game-changing defensive weapon in the enterprise’s arsenal over…
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…
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 and accelerate the development of new products.
Algorithm-driven call center platforms promise unprecedented insight into the…
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…
Tel Aviv-based K Health today closed a $42 million series D round to grow its telemedicine offering, bringing its total raised to date to $139.3 million. Beyond the fundraising, the 250-employee company announced it will collaborate with the Mayo Clinic to integrate the…
Autodesk acquires Spacemaker for $240 million to boost AI development for designers
November 26, 2020
Autodesk today announced that it has acquired Oslo-based Spacemaker for $240 million. While Autodesk CEO Andrew Anagnost said he’s excited about the potential for Spacemaker to aid urban planning, he also believes the startup’s underlying technology will help catalyze AI development across his company.
Autodesk has been pioneering next-generation technology for designers for almost four…
