Tag: category-/Business & Industrial

Magic Leap formally launches Magic Leap 1 and reveals enterprise partners

Magic Leap announced the launch of Magic Leap 1, a $2,995 mixed reality headset, and revealed a set of enterprise applications and partners aimed at getting “spatial computing” off the ground. For the past 16 months, Magic Leap has been selling its $2,295 headset as a beta version, dubbed the Magic Leap One Creator Edition […]

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Observe.ai raises $26 million for AI that monitors and coaches call center agents

Countless tech platforms are setting out to help call centers automate conversations with their customers. But U.S-Indian startup and Y Combinator alum Observe.ai is bucking that trend by using AI to help coach human call center workers, rather than replace them. Today the company announced it has raised $26 million in a series A round […]

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Cosmose AI raises $12 million to track brick-and-mortar purchasing habits

Keeping abreast of shopping trends online is straightforward enough — whole categories of startups achieve this with predictive modeling. But what about when that shopping takes place in-store? Tracking the behaviors of mall, outlet, and department store shoppers is of critical importance to physical store brands, particularly considering that the percentage of brick-and-mortar sales increased […]

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Brookings: U.S. urgently needs federal investment to lessen the digital divide

Although the high-tech innovation sector can be seen as a crown jewel of the U.S., spurring astonishing innovation and creating new wealth and jobs, a new Brookings reports authored by Robert D. Atkinson, Mark Muro, and Jacob Whiton presents a more sobering view that the industry is creating deeper divides throughout the country. It says […]

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AWS SageMaker’s new machine learning IDE isn’t ready to win over data scientists

AWS SageMaker, the machine learning brand of AWS, announced the release of SageMaker Studio, branded an “IDE for ML,” on Tuesday. Machine-learning has been gaining traction and, with its compute-heavy training workloads, could prove a decisive factor in the growing battle over public cloud. So what does this new IDE mean for AWS and the […]

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ProBeat: We already know what to expect from Sundar Pichai’s Alphabet

I’ve been thinking a lot about the Alphabet-Google (my colleague Kyle Wiggers prefers “Googlebet”) news this week. Why has it been so difficult to come up with a whole lot to say? It finally dawned on me last night: there isn’t much to say. That’s the point. This wasn’t a CEO shakeup. This has all […]

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Lilium flying taxis go live in 2025: ‘This is how you’re going to experience the future’

If Lilium’s flying taxis really take to the skies in just a few years, as the company predicts, this aerial mobility revolution could radically reshape cities by reducing the time and cost involved in traveling long distances. Compared to cars or trains, flying taxis could potentially allow greater flexibility of routes while needing much less […]

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Zooba maker Wildlife Studios raises $60 million to expand its mobile game empire

Wildlife Studios has quietly reached more than 2 billion mobile game downloads in the past eight years, and that’s one of the reasons it is announcing today it has raised $60 million in funding. Wildlife Studio’s mobile game hits include titles such as Zooba, Tennis Clash, and Castle Clash. They’re among a half-dozen big hits […]

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Package tracking is coming to Google Search

Google Search already displays weather forecasts, health information, word definitions, sports scores, song lyrics, translations, and much more — all without your having to click through to the source website. Soon, Google Search will let you track your packages, as well. Google has announced a new early access program that will let package delivery companies […]

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Augtera raises $4 million for AI-driven network management

Augtera today announced that it raised $4 million for its operation that takes data from datacenter networks to create AI systems for management and optimization. The money will be used to grow Augtera’s engineering and research and development teams and accelerate product adoption. Augtera uses network domain knowledge and semantics, together with data from a […]

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How Segment survived its brush with death to become a customer data management unicorn

These days, Segment CEO Peter Reinhardt can boast that his customer management company has raised almost $300 million in venture capital for a $1.5 billion valuation. But he hasn’t forgotten the moment when the company came within inches of total failure. It took pivoting from its initial plan and moving in an entirely different direction […]

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Kustomer raises $60 million to automate repetitive customer service processes

For most brands, guiding and tracking customers through every step of their journeys is of critical operational importance. According to a recent PricewaterhouseCoopers report, the number of companies investing in omnichannel experiences has jumped from 20% to 80%, and an Adobe study found that those with the strongest omnichannel customer engagement strategies enjoy 10% year-over-year […]

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Duolingo raises $30 million from Alphabet’s CapitalG at $1.5 billion valuation

Popular language learning app Duolingo has raised $30 million in a series F round of funding from Alphabet’s investment arm CapitalG. This takes Duolingo’s total money raised to $138 million, and gives it a valuation of $1.5 billion — more than double the figure at its series E round back in 2017. CapitalG, under its […]

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Panorays raises $15 million to automate cybersecurity lifecycle management

Lifecycle management might not be the most exciting software segment on the block, but it’s poised to grow from $50.7 billion in 2019 to $73.7 billion by 2024. That’s likely because it’s very useful to companies juggling solutions from multiple vendors. Case in point: Poorly managed projects are estimated to go over budget by 27%, […]

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Google CEO Sundar Pichai is now CEO of Alphabet, too

Google CEO Sundar Pichai is now also the CEO of Alphabet, Google’s parent company. As part of the shakeup at the search giant, Google cofounders Larry Page and Sergey Brin, who previously acted as CEO and president of Alphabet respectively, will step down from their roles. Page and Brin plan to continue to play a […]

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Qualcomm debuts 3D Sonic Max, a secure two-finger ultrasonic scanner

One year ago, Qualcomm revealed the world’s first under-display ultrasonic fingerprint scanner, the 3D Sonic Sensor, which promised to accurately scan a fingertip in three dimensions despite contaminants on a device’s screen. The company today unveiled a sequel, 3D Sonic Max, which brings a major new capability to the table: simultaneous two-finger authentication. Up until […]

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Amazon introduces Fraud Detector and Code Guru

Amazon’s leveraging machine learning to fight fraud and audit code. Today during a keynote at its re:Invent 2019 conference, the tech giant debuted Amazon Fraud Detector, a fully managed service that aims to detect anomalies in transactions, and Code Guru, which automates code review while identifying the most “expensive” lines of code. With Fraud Detector, […]

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AWS launches major SageMaker upgrades for machine learning model training and testing

Amazon today announced half a dozen new features and tools for AWS SageMaker, a toolkit for training and deploying machine learning models to help developers better manage projects, experiments, and model accuracy. AWS SageMaker Studio is a model training and workflow management tool that collects all the code, notebooks, and project folders for machine learning […]

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SoftBank leads $30 million investment in Accel Robotics for AI-enabled cashierless stores

Accel Robotics, one of a growing number of AI startups that’s setting out to enable automated cashierless stores, has raised $30 million in a series A round of funding led by SoftBank, with participation from New Ground Ventures, Toyo Kanetsu Corporate Venture Investment Partnership, and RevTech Ventures. Founded out of San Diego in 2015, Accel […]

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Gain measurable wins with desktop-as-a-service (VB Live)

Presented by Nutanix  How do you harness the power of a hybrid system with any cloud provider? Learn how the virtualized interface of desktop-as-a-service lets you invisibly address the complexity of your tech infrastructure behind the scenes when you catch up on this VB Live event! Access free on demand right here. Both private and […]

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How StreetLight Data uses machine learning to plug cities into the mobility revolution

The mobility revolution may have the potential to transform cities, but in the short term the rise in ride-hailing apps, bike sharing, and electric scooters is giving many local officials fits. A healthy dose of data and machine learning may help get this movement back on track. That’s the bet that San Francisco-based StreetLight Data […]

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Kone monetizes connected elevators with Alexa, Spotify, and digital displays

Elevators of the future will have “virtual windows,” voice-activated controls, music-streaming, and more — that’s if Kone has its way, at least. The Finnish engineering giant, best known for autowalks, automatic doors, escalators, and — yes — elevators, unveiled its grand vision at an event in London yesterday. For its endeavor, Kone has taken a […]

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Regaining ROI by reducing cloud complexity

Presented by Deloitte Consulting LLP Cloud computing took off in 2007, and the migration was a gold rush, with companies racing to launch silver bullet solutions that could transform their companies. Fast forward to now. Cloud computing projects are in their second or third generation, and instead of offering ROI, some are racking up sky-high […]

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