Tag: AI

The 2021 machine learning, AI, and data landscape

It’s been a hot, hot year in the world of data, machine learning, and AI. Just when you thought it couldn’t grow any more explosively, the data/AI landscape just did: the rapid pace of company creation, exciting new product and project launches, a deluge of VC financings, unicorn creation, IPOs, etc. It has also been […]

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AI Weekly: AI model training costs on the rise, highlighting need for new solutions

This week, Microsoft and Nvidia announced that they trained what they claim is one of the largest and most capable AI language models to date: Megatron-Turing Natural Language Generation (MT-NLP). MT-NLP contains 530 billion parameters — the parts of the model learned from historical data — and achieves leading accuracy in a broad set of […]

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The data economy: How AI helps us understand and utilize our data 

This article is part of a Technology and Innovation Insights series paid for by Samsung.  Similar to the relationship between an engine and oil, data and artificial intelligence (AI) are symbiotic. Data fuels AI, and AI helps us to understand the data available to us. Data and AI are two of the biggest topics in […]

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Report: 80% of consumers prefer to speak with AI to avoid long hold times

A new survey conducted by Replicant found that nearly 80% of consumers indicated they would prefer to speak with a virtual agent or machine to avoid long hold times. Moreover, 57% of consumers would speak with conversational AI even if the hold time was only five minutes. Beyond consumers’ willingness to speak with AI, the […]

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Automation-driven sales enablement platform Groove nabs $45M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Groove, an automation-driven sales enablement platform, today announced that it closed a $45 million series B round led by Viking Global Investors with participation from Capital One Ventures, Level Equity, Quest Venture Partners, and Uncork Capita. The […]

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Facebook introduces dataset and benchmarks to make AI more ‘egocentric’

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Facebook today announced Ego4D, a long-term project aimed at solving AI research challenges in “egocentric perception,” or first-person views. The goal is to teach AI systems to comprehend and interact with the world like humans do as […]

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Geospatial analytics startup AiDash lands $27M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  AiDash, a company using satellite imagery and AI to monitor infrastructure, today announced that it raised $27 million in series B funding led by G2 Venture Partners, with BGV, National Grid Partners, and additional strategic investors participating. […]

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Why enterprises are massively subcontracting cybersecurity work

NewtonX market research revealed this week that 56% of organizations surveyed subcontract as much as 25% of their cybersecurity work. In the study, more than 100 chief information security officers, CTOs, and other senior decision-makers indicated a trend toward subcontracting one of the most critical roles continually facing enterprise professionals. “[Chief information security officers] and […]

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What are graph neural networks (GNN)?

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Graphs are everywhere around us. Your social network is a graph of people and relations. So is your family. The roads you take to go from point A to point B constitute a graph. The links that connect this webpage […]

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Dataminr to acquire crisis management firm Krizo

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! In an expansion of Dataminr’s product portfolio, the risk detection platform today announced its intent to acquire Krizo. Copenhagen, Denmark-based Krizo, a real-time crisis response tool used by customers including Fujifilm, Vodaphone, Maersk, and Palo Alto Networks, is expected to […]

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Workplace monitoring platform Aware takes in $60M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Aware, a platform that analyzes employee behavior across messaging platforms like Slack, today announced that it raised $60 million in a series C round led by Goldman Sachs Growth Equity, with participation from Spring Mountain Capital, Blue […]

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IBM launches AI service to assist companies with climate change analysis

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! IBM today launched the Environmental Intelligence Suite, a set of AI-powered software that customers can use to prepare for climate risks that could disrupt operations. By combining AI, weather data, climate risk analytics, and carbon accounting capabilities, the Environmental Intelligence […]

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AI-powered personalization provider Qubit gets acquired by Coveo

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! AI-powered relevance platform Coveo today announced that it acquired Qubit, a leader in AI-powered personalization technology for merchandising teams. The acquisition expands Coveo’s ability to use AI to power engaging experiences across commerce, service, support, and digital workplace solutions, and […]

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Google delivers collection of smart device ‘essentials’ for the enterprise

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Google Cloud Next is taking place this week virtually. While there are typically many announcements made at their annual event, one of the lesser highlighted announcements this time around is for Google’s Intelligent Product Essentials. With Intelligent Product Essentials, Google […]

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How Snowflake is supercharging data applications across industries (VB Live)

Presented by Snowflake Across use cases and industries, software teams are building their applications in the cloud. What are the advantages? How does it deliver value to end customers? Listen to this VB Live events for key learnings and more from leaders at top software companies. Access on demand here for free. According to McKinsey, […]

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DeepMind is developing one algorithm to rule them all

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! DeepMind wants to enable neural networks to emulate algorithms to get the best of both worlds, and it’s using Google Maps as a testbed. Classical algorithms are what have enabled software to eat the world, but the data they work […]

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Low code/no code increases efficiency in retail and beyond

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Low- and no-code platforms allow developers and non-developers alike to create software through visual dashboards instead of traditional programming. Adoption is on the rise, with a recent OutSystems report showing that 41% of organizations were using a low- or no-code […]

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No-code AI analytics may soon automate data science jobs

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! SparkBeyond, a company that helps analysts use AI to generate new answers to business problems without requiring any code, today has released its product SparkBeyond Discovery. The company aims to automate the job of a data scientist. Typically, a data […]

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AI-powered customer service analytics platform SupportLogic nabs $50M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! AI-powered customer service analytics platform SupportLogic today announced that it raised $50 million in series B funding led by WestBridge Capital Partners and General Catalyst, with participation from Sierra Ventures and Emergent Ventures. CEO Krishna Raj Raja says that the […]

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Google debuts new data-powered cloud analytics products

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Today during its Google Cloud Next 2021 conference, Google unveiled a range of data-focused products including Intelligent Product Essentials and enhancements to Vertex AI, BigQuery, Contact Center AI (CCAI), and DocAI. The new analytics and industry solutions are designed to […]

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Cloud governance startup Cloudtamer accumulates $9.5M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Cloudtamer.io, a Fulton, Maryland-based startup developing a cloud governance platform, today announced that it raised $9.5 million in series A funding led by Blue Heron Capital and TDF Ventures, with participation from Blu Venture Investors, Early Light Ventures, and Gaingels. […]

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AmplifAI’s data-powered people enablement platform gets a $16.5M investment

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Can artificial intelligence and data inspire employees to perform at their very best? If you ask Sean Minter, CEO and founder of the data-driven people enablement platform AmplifAI, the answer is an unequivocal yes. And as of today, the six-year-old […]

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AI edge chip startup Hailo lands $136M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Hailo, a startup developing AI accelerator chips for edge devices, today announced that it raised $136 million in a series C funding round led by Poalim Equity and entrepreneur Gil Agmon, with participation from ABB Technology Ventures, […]

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Cloud optimization startup Cast AI raises $10M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Cast AI, a cloud optimization and management platform, today announced that it raised $10 million in series A funding led by Cota Capital, with Samsung Next and additional investors participating. CEO Yuri Frayman says that the funding will be put […]

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Facebook quietly acquires synthetic data startup AI.Reverie

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Facebook has quietly acquired AI.Reverie, a New York-based startup creating synthetic data to train machine learning models, VentureBeat has learned. In an apparent nod to the HBO show Westworld, where visitors to a theme park encounter hordes of artificially intelligent […]

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Streamlit, which helps data scientists build apps, hits version 1.0

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Streamlit, a popular app framework for data science and machine learning, has reached its version 1.0 milestone. The open source project is curated by a company of the same name that offers a commercial service built on the platform. So […]

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AI technology could reshape the U.S. government, but should it?

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Artificial intelligence is already making its mark on the global economy, and private businesses are not the only ones putting it to good use. Government agencies of all types are adopting AI as well, and in some ways,  exceeding the […]

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DeepMind proposes new benchmark to improve robots’ object-stacking abilities

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Stacking an object on top of another object is a straightforward task for most people. But even the most complex robots struggle to handle more than one such task at a time. That’s because stacking requires a range of different […]

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Microsoft taps AI techniques to bring Translator to 100 languages

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Today, Microsoft announced that Microsoft Translator, its AI-powered text translation service, now supports more than 100 different languages and dialects. With the addition of 12 new languages including Georgian, Macedonian, Tibetan, and Uyghur, Microsoft claims that Translator […]

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Microsoft and Nvidia team up to train one of the world’s largest language models

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Microsoft and Nvidia today announced that they trained what they claim is the largest and most capable AI-powered language model to date: Megatron-Turing Natural Language Generation (MT-NLP). The successor to the companies’ Turing NLG 17B and Megatron-LM models, MT-NLP contains […]

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AI lab DeepMind becomes profitable and bolsters relationship with Google

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! DeepMind, the U.K.-based AI lab that seeks to develop artificial general intelligence, has finally become profitable, according to the company’s latest financial report. Since being acquired by Google (now Alphabet Inc.) in 2014, DeepMind has struggled to break even with […]

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