AI & RoboticsNews

Google proposes applying AI to patent application generation and categorization

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…
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AI & RoboticsNews

Loadsmart raises $90 million for AI that matches shippers with truck transportation

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.
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AI & RoboticsNews

Google’s Project Guideline uses AI to help low-vision users navigate running courses

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…
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AI & RoboticsNews

ClosedLoop.ai raises $11 million for off-the-shelf AI solutions tailored for health care scenarios

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…
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