Tag: machine learning

Directly raises $20 million to inject AI into customer service

According to CustomerTheromometer, 54% of customers have higher expectations for customer service today compared with one year ago. In order to meet those expectations, three entrepreneurs — Antony Brydon, Jean Tessier, Jeff Patterson — argue that a degree of automation is required. They’re the cofounders of Directly, a San Francisco, California-based company helping enterprise companies […]

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GM’s Super Cruise can now make lane changes automatically

Three years ago, in an effort to compete with increasingly sophisticated advanced driver-assistance systems (ADAS) like Tesla’s Autopilot, GM debuted Super Cruise, which it characterized at the time as the world’s first “true hands-free driving technology for the highway.” Using a combination of high-definition map data, a driver attention monitoring component, and an array of […]

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Roambee raises $15.2 million to track physical assets with AI

An astonishing 55% of small businesses that deal in physical assets don’t manage them in any way. Roambee is working to change that. The Santa Clara, California-based startup provides on-demand shipment and asset monitoring for companies in the logistics, transportation, finance, pharmaceutical, and automotive industries, with products that combine internet of things sensors and AI […]

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ActiveCampaign raises $100 million to automate marketing campaigns with AI

The global campaign management software market was valued at approximately $1.85 billion in 2017, and it’s anticipated to grow at 15.65% from 2018 to 2025.  It’s a boom that’s undoubtedly benefited Jason F. VandeBoom’s ActiveCampaign, a customer experience automation platform founded in 2003 with the goal of developing a product suite designed to help businesses […]

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Miso Robotics unveils its next-gen robot kitchen assistant

According to a McKinsey & Company analysis, 73% of the activities food service workers perform have the potential for automation. This might seem like cause for alarm, but Miso Robotics, a startup developing automation products for fast-food and quick-service restaurant kitchens, asserts machines can boost productivity by working with humans as opposed to wholly replacing […]

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Persona raises $17.5 million to verify identities without humans in the loop

Deepfakes — which replace a figure in an existing image, audio recording, or video with someone else’s likeness — are on the rise, so it’s not surprising that adoption of identification (ID) verification technologies is also increasing. San Francisco-based Persona has been successfully riding this wave since it was founded in 2015, and now it’s […]

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Uber’s AI plays text-based games like a human

Can AI learn to play text-based games like a human? That’s the question applied scientists at Uber’s AI research division set out to answer in a recent study. Their exploration and imitation-learning-based system — which builds upon an earlier framework called Go-Explore — taps policies to solve a game by following paths (or trajectories) with […]

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Iguazio raises $24 million for AI development and management tools

AI adoption levels are higher than they’ve ever been in the enterprise. According to a January survey conducted by Gartner, corporate use of AI grew 270% over the past four years. But developing, deploying, and managing AI applications at scale requires a platform that supports doing so, which is what startup company Iguazio provides. Its […]

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Samsung’s VP of research on making Ballie mobile, personable, and nonthreatening

During a keynote at the 2020 Consumer Electronics Show earlier this month, Samsung unveiled Ballie, a small, autonomous rolling sphere with a built-in camera, microphone, and speaker. Details were tough to come by (and still are), but in an interview with VentureBeat, Sajid Sadi, vice president of research at Samsung and the head and cofounder […]

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Amazon’s AI automatically dubs videos into other languages

Ever wish you could automatically dub foreign film dialogue into another tongue? Amazon’s on the case. In a paper published this week on the preprint server Arxiv.org, researchers from the tech giant detailed a novel “speech-to-speech” pipeline that taps AI to align translated speech with original speech and fine-tune speech duration before adding background noise […]

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Aurora urges autonomous vehicle industry to adopt better safety metrics

Amazon-backed autonomous vehicle company Aurora is in search of better metrics by which to compare driverless system safety. In a Medium post this morning, CEO Chris Urmson noted that the commonly used disengagement number, which indicates how often a vehicle switched from autonomous to manual mode, doesn’t adequately capture improvements or their impact over time. […]

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London police deploy real-time facial recognition cameras

(Reuters) — British police are to start operational use of live facial recognition cameras in London, despite warnings over privacy from rights groups and concerns expressed by the government’s own surveillance watchdog. “The use of live facial recognition technology will be intelligence-led and deployed to specific locations in London,” the city’s Metropolitan Police said in […]

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AISense raises $10 million for AI transcription tool Otter

There’s plenty in the way of competition with respect to the audio transcription market, which is estimated to be worth $31.82 billion by 2025. But AISense — the startup behind speech-to-text service Otter — managed to carve out a niche for itself in the four years since its founding. Its funding reflects this — the […]

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Uber begins mapping Washington D.C. for self-driving vehicles

Following hot on the heels of rival Waymo, Uber announced that it’s bringing self-driving cars to a new city: Washington D.C. In Medium post today, Uber’s Advanced Technologies Group (ATG) — the skunkworks group responsible for autonomous vehicles research — said that it will deploy a fleet of three cars in the nation’s capital starting […]

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Amazon explores a way to preserve privacy in natural language processing

Can privacy and security be preserved in the course of large-scale textual data analysis? As it turns out, yes. A team of Amazon researchers in a recently published study proposed a way to anonymize customer-supplied data. They claim that their approach, which works by re-phrasing samples and basing the analysis on the new phrasing, results […]

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Kneron raises $40 million to grow edge AI chip design operations

Edge AI startup Kneron today said it’s raised $40 million led by Horizon Ventures. The funding will be used to grow Kneron’s algorithms made especially for on-device machine learning and semiconductor design operations. Kneron released the KL520, a chip made especially for deployment of AI on devices like smart home or IoT devices last year, […]

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Hivebrite raises $20 million for community engagement and management tools

Engaging and managing online groups can be the stuff of nightmares, but it is generally worth it — communities on average generate a 6,469% return on investment for organizations, according to one report. Fortunately for those who don’t want to get involved with the logistical nitty-gritty, there’s Hivebrite, a startup developing a rebrandable community creation […]

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GitHub now uses AI to recommend open issues in project repositories

Large open source projects on Github have intimidatingly long lists of problems that require addressing. To make it easier to spot the most pressing, GitHub recently introduced the “good first issues” feature, which matches contributors with issues that are likely to fit their interests. The initial version, which launched in May 2019, surfaced recommendations based […]

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Researchers use AI to deblur human faces in photos

We’ve all been there: You’re snapping pics with your phone — perhaps of a high-speed bike ride or of a hockey match — and don’t think to check whether the autofocus is in lockstep with the action. It isn’t, as you later discover, and you’re stuck with a gallery of unusably blurry photos. In search […]

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CB Insights: AI startup funding hit new high of $26.6 billion in 2019

As part of an annual look at global AI investment trends, CB Insights today reports that AI startups raised a record $26.6 billion in 2019 spanning more than 2,200 deals worldwide. That’s compared to roughly 1,900 deals totaling $22.1 billion in 2018 and about 1,700 deals totaling $16.8 billion in 2017. The reported high in […]

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Outlier raises $22.1 million to spot anomalies in business data with AI

Machine learning algorithms aren’t just technological novelties relegated to tasks like picking out faces in crowded places. In the enterprise, they can surface patterns and relationships that would otherwise have been missed. To do just that, Outlier.ai’s business analysis platform extracts data from internal and external sources and analyzes it to spot critical changes in […]

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ServiceNow acquires AI for IT startup Loom Systems

ServiceNow today announced that it’s acquired Loom Systems to strengthen automated insights for customers using the Now platform for digitizing workflows to quickly fix IT issues. Loom Systems CEO Gabby Menachem and part of the Loom Systems team will join ServiceNow as part of the deal. The financial terms of the deal were not disclosed. […]

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Placer.ai raises $12 million to keep tabs on foot traffic in real time

Measuring foot traffic in real time is the pursuit of countless businesses seeking greater insight into buyer behavior. Startups like PlaceIQ, Factual, GroundTruth, Skyhook, and others have risen up to meet the need — they occupy a market that’s estimated to be worth $22.8 billion by 2024. A somewhat newer entrant is Placer.ai, which was cofounded […]

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