National Security Commission on Artificial Intelligence issues report on how to maintain U.S. dominance

National Security Commission AI

The National Security Commission on Artificial Intelligence today released its report today with dozens of recommendations for President Joe Biden, Congress, and business and government leaders. China, the group said, represents the first challenge to U.S. technological dominance that threatens economic and military power for the first time since the end of World War II. The 15-member commission calls a $40 billion investment…

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Medisafe raises $30 million for predictive AI that reminds people to take their pills

Device Calendar App

Medisafe, a startup developing a platform to promote medication adherence, has raised $30 million in venture capital.

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Amazon launches computer vision service to detect defects in manufactured products

Amazon

Amazon announced the general availability of Amazon Lookout for Vision, a cloud service that analyzes images using computer vision and AI to spot product or process defects and anomalies in manufactured products. Amazon says Lookout for Vision, which is available in select Amazon Web Services (AWS) regions via the AWS console and suppo

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Band of AI startups launch ‘rebel alliance’ for interoperability

Server stack

The AI Infrastructure Alliance wants to improve interoperability between tools and frameworks made by small to medium-size AI startups. More than 20 AI startups have banded together to create the AI Infrastructure Alliance in order to build a software and hardware stack for machine learning and adopt common standards.

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Katana Graph raises $28.5 million to handle unstructured data at scale

Katana Graph

Katana Graph developed its technology at the University of Texas, Austin and has helped DARPA and businesses with unstructured data.

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Blueshift raises $30 million to manage and analyze customer data

Blueshift

Customer data analytics company Blueshift today announced it has closed a $30 million series C round, bringing its total raised to $65 million. The company plans to put the funds toward expanding its workforce while further developing its marketing platform.

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Truvian raises $105 million to commercialize its automated blood-testing platform

Truvian

San Diego, California-based Truvian, a startup developing blood-testing technology that leans heavily on automation, today announced the close of an over $105 million oversubscribed series C round led by TYH Ventures, 7wireVentures’ Glen Tullman, and Wittington Ventures. Truvian says the funds will advance development of its benchtop blood testing system and enable the company to grow its product development team.

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Symbio emerges from stealth with $30 million to automate industrial assembly

Engineer fixing robotic arm

Emeryville, California-based industrial robotics startup Symbio Robotics today emerged from stealth with $30 million in funding. The company says the capital will be put toward further developing its technology as it looks to sign new customers.

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Saltmine raises $20 million to automate office space design

People in a workspace

Commercial office space planning startup Saltmine today announced that it raised $20 million and formed a strategic partnership with real estate firm JLL. Saltmine, whose customers include Snowflake and Workday, says it plans to put the funding toward advancing its platform and expanding its global workforce.

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Data Science and Artificial Intelligence is revolutionizing the Sports Industry

Data science is a principle of machine learning that uses several tools and algorithms to find patterns from raw data. This has become quite a buzz in the tech world and almost every industry uses it to leverage its business, even sports. Surprised? Around 2.7 zettabytes of data are produced digitally which can be analyzed to make competitive strategies.

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FundGuard raises $12 million to help manage assets with AI

Fund Guard

FundGuard, an AI-powered software-as-a-service investment management platform, today announced that it closed a $12 million funding round. The investment will spur product development to support existing partnerships, FundGuard says, in addition to helping to meet demand from alternative funds and insurers.

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Google’s Model Search automatically optimizes and identifies AI models

Google Building

Google today announced the release of Model Search, an open source platform designed to help researchers develop machine learning models efficiently and automatically. Instead of focusing on a specific domain, Google says that Model Search is domain-agnostic, making it capable of finding a model architecture that fits a dataset and problem while minimizing coding time and compute resources.

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Google’s new AI ethics lead calls for more ‘diplomatic’ conversation

Marian Croak

Following months of inner conflict and opposition from Congress and thousands of Google employees, Google today announced that it will reorganize its AI ethics operations and place them in the hands of VP Marian Croak, who will lead a new responsible AI research and engineering center for expertise.

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Guidelines for getting started with AIOps 

Men in server room

As AI becomes more mainstreamed as a software development approach, enterprise IT operations need to get involved with managing its complexity. The need for AI to help IT operations, AIOps, has accelerated as organizations attempt to incorporate AI systems into their production environments. Tools positioning in the AIOps market incorporate analytics and machine learning to help get the job done. The use of tools in this category is projected by Gartner to grow from five percent of large enterprises in 2018 to 30% by 2023. 

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Reprise raises $17 million to create and host software product demos

Blog on screen

Reprise, a software demo platform for enterprise sales and marketing teams, today announced that it has raised $17 million in series A funding led by Bain Capital Ventures. The company says that the proceeds, which follow on a $3 million seed investment, will be put toward expanding Reprise’s platform and hiring new employees.

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Sentry raises $60 million to monitor app performance in real time

Sentry Platform

Application performance monitoring startup Sentry today announced it has secured $60 million in series D financing for a post-money valuation of $1 billion. Sentry says the funds will fuel product development and go-to-market functions, as well as hiring across the company’s San Francisco, Toronto, and Vienna offices.

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AI-powered math tutoring app Photomath raises $23 million

AI Math Tutoring

AI-powered math tutoring app Photomath today announced that it raised $23 million in series B funding. The company says the proceeds will be used to grow headcount, invest in AI, and scale both product and marketing development. An estimated 65% of households in the U.S. with children report using online learning during the pandemic, with 11% reporting having no live contact with a teacher in the past week (as of November 2020).

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