Virtual Writing Assistant startup Compose.ai Raises $2.1M

Compose AI

Compose.ai has closed a $2.1 million seed funding round led by Craft Ventures to continue developing a universal auto-complete run with artificial intelligence. The startup currently offers a free Chrome extension (with a waitlist of more than 7,000 people) that handles auto-complete tasks in any text box the browser reaches and improves how well it can anticipate a user with practice.

Read More

[Paper] Simulating Continuum Mechanics with Multi-Scale Graph Neural Networks

Continuum mechanics simulators, numerically solving one or more partial differential equations, are essential tools in many areas of science and engineering, but their performance often limits application in practice. Recent modern machine learning approaches have demonstrated their ability to accelerate spatio-temporal predictions, although, with only moderate accuracy in comparison. Here we introduce MultiScaleGNN, a novel multi-scale graph neural network model for learning to infer unsteady continuum mechanics.

Read More

European Union report describes unfair competition in Voice Assistant and Smart Home markets

EU - European Union

The European Union has published the first version of a report on competition and potential antitrust issues in the voice assistant, Internet of Things (IoT), and smart home device market. The inquiry began last July and gathered opinions from more than 200 companies on the topic. After a few months of revisions, the European Commission will use the final report to draft any potential policies and rules surrounding the industry.

Read More

People analytics startup ChartHop raises $35M

Charthop

ChartHop, a self-styled people analytics startup, today announced that it raised $35 million in a series B funding round led by Andreessen Horowitz. The capital brings the company’s total raised to over $54 million to date, and CEO Ian White says that it’ll be used to fund expansion through product enhancements, investments in service and support, and go-to-market efforts.

Read More

Best of arXiv.org for AI, Machine Learning, and Deep Learning – May 2021

In this recurring monthly feature, we filter recent research papers appearing on the arXiv.org preprint server for compelling subjects relating to AI, machine learning and deep learning – from disciplines including statistics, mathematics and computer science – and provide you with a useful “best of” list for the past month.

Read More

Contentstack raises $57.5M for its headless content management system

Contentstack

Contentstack, a startup that offers a headless content management system (or a ‘content experience platform’ in marketing speak), today announced that it has raised a $57.5 million Series B round. The round, which the company says was oversubscribed, was led by Insight Partners, which also led its Series A round. New investor Georgian and existing investors Illuminate Ventures and GingerBread Capital also participated. With this, the company has now raised a total of $89 million.

Read More

How NotCo leveraged AI to create sustainable and delicious Food

NotCo

Did you know an AI company took 10% of the mayonnaise market within 8 months? NotCo is a Chilean food-tech startup leading the disruption of the archaic food industry. Their products have already become a staple product in Chile. And after gaining market share in Chile, NotCo has launched in the US. You may have seen the “NotMilk” products in Whole Foods.

Read More

By now we all know of RPA, but what is IPA (Intelligent Process Automation)?

Blue robot

We’ve all heard of Robotic Process Automation (RPA). RPA is the emerging form of business process automation technology based on metaphorical software robots (bots) or artificial intelligence (AI) workers. When an organization undertakes Digital Transformation, RPA is typically the lowest hanging fruit driving most immediate impact. But, what is Intelligent Process Automation (IPA)?

Read More