Google asserts that the patent industry stands to benefit from AI and machine learning models like BERT, a natural language processing algorithm that attained state-of-the-art results when it was released in 2018. In a whitepaper published today, the tech giant outlines a methodology to train a BERT model on over 100 million patent publications from the U.S. and other countries using open-source…
IBM claims its AI can improve neonatal outcomes and predict the onset of Type 1 diabetes
November 26, 2020
IBM this week presented research investigating how AI and machine learning could be used to improve maternal health in developing countries and predict the onset and progression of Type 1 diabetes. In a study funded by the Bill and Melinda Gates Foundation, IBM researchers…
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To stay on top of cutting-edge AI innovation, it’s time to upgrade your technology stack. Learn how advances in computer architecture are unlocking new capabilities for NLP, visual AI, recommendation models, scientific computing, and more at…
Loadsmart raises $90 million for AI that matches shippers with truck transportation
November 26, 2020
Loadsmart, a New York-based startup that leverages AI and hundreds of data sources to automate truckload booking, today announced a $90 million round at a valuation “north of $400 million.” The funding comes after the 300-person startup experienced 250% revenue growth between January and November and expanded its offerings to support rail transportation.
Roughly 80% of all cargo in the U.S.
As the pandemic reaches new heights, with nearly 12 million cases and 260,000 deaths recorded in the U.S. to date, a glimmer of hope is on the horizon. Moderna and pharmaceutical giant Pfizer, which are developing vaccines to fight the virus, have released preliminary data…
Facebook claims it’s becoming better at detecting — and removing — objectionable content from its platform, despite the fact that misleading, untrue, and otherwise harmful posts continue to make their way into millions of users’ feeds. During a briefing with…
Google’s Project Guideline uses AI to help low-vision users navigate running courses
November 26, 2020
In collaboration with nonprofit organization Guiding Eyes for the Blind, Google today piloted an AI system called Project Guideline, designed to help blind and low-vision people run races independently with just a smartphone. Using an app that tracked the virtual race via GPS and a Google-designed harness that delivered audio prompts to indicate the location of a prepainted line, Guiding Eyes for…
AI-powered grocery management platform Afresh today raised $13 million in funding, which a source tells VentureBeat values the company at over $100 million. Afresh says the capital will enable it to expand its product across supply chain, store operations, and merchandising…
BeyondMinds raises $15 million to drive enterprise AI adoption
November 26, 2020
BeyondMinds today announced a $15 million funding round led by Check Point cofounder Marius Nacht. The company, which is based in Tel Aviv and New York, says it will devote the bulk of these funds to sales and product R&D as it expands its customer base.
The benefits of…
ClosedLoop.ai raises $11 million for off-the-shelf AI solutions tailored for health care scenarios
November 26, 2020
ClosedLoop.ai (formerly Deep Health Technologies), a health care data science startup specializing in AI and automation, today raised $11 million in series A funding led by Greycroft and .406 Ventures with participation from Silicon Valley Bank and Meridian Street Capital. The company plans to put the fresh capital toward marketing and product R&D efforts as it looks to expand its growing…
