Tag: Business

Alibaba founder Jack Ma boasts that China doesn’t have ‘rules and laws’ for the internet

Alibaba founder Jack Ma was greeted at the Viva Technology conference in Paris like a conquering hero. During an hour-long question-and-answer session on stage, however, he made some rather astonishing claims about the reasons China has succeeded in tech while berating Europeans for being obsessed with regulations. “We don’t have the rules and laws,” he […]

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GamesBeat Summit 2019: 7 lightning talks in 39 minutes

Lightning round talks have been a staple at our GamesBeat Summit events for years. And at GamesBeat Summit 2019, we featured seven more talks with interesting speakers in the game business. The speakers included Niko Vuori, CEO of Drivetime; Ned Lerner, CEO of Hearo.Live; Randy Saaf, cofounder and CEO of Lucid Sight; Mike Wann, CEO […]

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Double Fine and Bandai Namco aren’t ending the world when Rad launches August 20

Developer Double Fine and publisher Bandai Namco announced today that Rad will launch on August 20 for PlayStation 4, Xbox One, Switch, and PC. This is Double Fine’s first project with Bandai Namco, a leading publisher in Japan that also helps indie studios bring their games to market. Rad is an action role-playing game with […]

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Microsoft wants to apply AI ‘to the entire application developer lifecycle’

At its Build 2018 developer conference a year ago, Microsoft previewed Visual Studio IntelliCode, which uses AI to offer intelligent suggestions that improve code quality and productivity. In April, Microsoft launched Visual Studio 2019 for Windows and Mac. At that point, IntelliCode was still an optional extension that Microsoft was openly offering as a preview. […]

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MIT and U.S. Air Force launch AI accelerator program

MIT, one of the most prominent artificial intelligence research organizations in the United States, is developing an AI accelerator program for the U.S. Air Force. The accelerator will explore research related to areas like advanced algorithms, machine learning, and robotics, as well as logistics and data. In addition to disaster relief and medical readiness, other […]

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Playtika doubles down with a new casual games lab

Playtika said it is launching an independent division dedicated to the creation and rapid development of casual games. The Playtika Casual Games Lab plans to launch several new games every year. This move means that Playtika, the big social games casino company based in Tel Aviv, Israel, that’s valued in the billions of dollars, will double […]

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Google’s lung cancer detection AI outperforms 6 human radiologists

Google AI researchers working with Northwestern Medicine created an AI model capable of detecting lung cancer from screening tests better than human radiologists with an average of eight years experience. When analyzing a single CT scan, the model detected cancer 5% more often on average than a group of 6 human experts and 11% more […]

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Facebook is mapping demographics, human movement, and network coverage to combat diseases

Facebook is partnering with a handful of organizations to combat diseases using real-time maps powered by satellite imagery, computer vision, census data, and Facebook’s own proprietary data. The social networking giant has been working on population mapping for a while already — back in 2016, it revealed that it was applying its computer vision smarts […]

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Complexity Gaming opens fancy esports headquarters in Texas

Complexity Gaming, one of North America’s oldest esports organizations, has opened the doors to its fancy new headquarters in Frisco Texas. The GameStop Performance Center (sponsored by the game retail giant) is built next to Dallas Cowboys World Headquarters, as Jerry Jones, president of the Dallas Cowboys, also owns Complexity Gaming. The facility is a […]

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Tyffon raises $7.8 million to expand its free-roam VR locations to the U.S.

Tyffon, a graduate of the Disney Accelerator program, has raised $7.8 million to expand its free-roam virtual reality experience locations from Japan to the U.S. The company will open a Tyffonium venue later this year in Los Angeles. The company already has two locations in the Odaiba and Shibuya areas of Tokyo, and it will […]

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Identity platform provider Auth0 raises $103 million at a valuation of $1 billion

Online data breaches are on the rise, and it’s no great mystery why. In a recent survey conducted by LastPass, 59% of respondents said they reused passwords across multiple accounts and more than half said they hadn’t changed their password in the past year. About 95% of cybersecurity breaches are attributable to human errors like […]

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Arm launches Space Analytics so property managers can use buildings better

Arm normally designs chips for a wide range of low-power devices. But today it is launching Space Analytics to empower property managers to better use available space in order to maximize revenue and lower costs. The tool is aimed at property managers of coworking spaces, commercial offices, and hotels and promises better visibility and predictability […]

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Nvidia robotics researchers blur line between simulation and the real world

Nvidia AI researchers today introduced SimOpt, an AI system trained to transfer simulated work into real-world action to complete tasks like putting a peg in a hole and opening and closing a drawer. The SimOpt model, which relies on reinforcement learning, was created using Nvidia’s FleX physics simulation engine and more than 9,600 simulations, each […]

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VR Fund: Virtual reality ecosystem has more than 550 companies

The Venture Reality Fund said it is tracking over 550 companies on the virtual reality landscape. The major growth areas for investment in VR were gaming, location-based entertainment (LBE), next-generation reality capture, enterprise, and healthcare. One of the bigger funding deals in the beginning of the year was for LBE company Sandbox VR. While IMAX […]

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Robin raises $20 million to manage conference rooms and workstations

Robin Powered, a Boston, Massachusetts-based provider of cloud-based workplace scheduling and management software, today announced that it’s secured $20 million in series B funding led by Tola Capital, with participation from existing investors Accomplish and FirstMark and new strategic investor Allegion Ventures. The fresh capital follows on the heels of an $18 million round in […]

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Siemplify raises $30 million to streamline security tool management

Siemplify, a New York and Tel Aviv security orchestration platform provider, today announced that it’s secured $30 million in series C funding led by Georgian Partners, with participation from existing investors 83North, G20 Ventures, and Jump Capital. It comes after three blockbuster years for the company, which notched 1,000% year-over-year growth in 2017, 280% growth […]

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Clinc raises $50 million to bring conversational AI to cars, banks, and kiosks

Clinc, a four-year-old AI startup based in Ann Arbor, Michigan, today announced that it’s secured $52 million in series B financing led by Insight Partners, with participation from DFJ Growth and existing investors Drive Capital and Hyde Park Venture Partners. The mammoth round is over eight times the size of the company’s $6.3 million series […]

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Facebook wants to teach robots how to walk

Facebook AI researchers today revealed details about efforts to train robots, including an initiative to teach a six-legged hexapod robot to walk. “Our goal is to reduce the number of interactions the robot needs to learn to walk, so it takes only hours instead of days or weeks,” researchers said in a blog post. “The […]

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Google’s Huawei restrictions are a wake-up call for all Android phone makers

Huawei’s fortunes have gone from bad to worse, as news emerged last night that Google will stop providing Huawei with support for Android and Google services. The move was made in response to a U.S. order that restricts companies ability to trade with Huawei. The upshot of this is that Huawei won’t be able to […]

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