Peak expands access to AI ‘Decision Intelligence’

AI Decision Intelligence

AI deployments are steadily migrating to retail applications as commercial brands seek to get a better handle on supply chains along with marketing and sales.
Increased demand for embedded AI software used to guide those decisions is on the rise, benefitting early movers offering automation tools designed to inform decisions on logistics and marketing. Among them is U.K.-based Peak AI, which this week announced a $21 million Series B venture round, bringing its total investor funding to $43 million.

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AI software tool helping Quantum Computers to ‘Self-Tune’ for improved performance

Quantum computing

With the overriding goal of reducing hardware errors and instability caused by environment noise, quantum computing software startup Q-CTRL has unveiled an AI-based toolset billed as enabling quantum computers to “self-tune” for noise and error suppression.

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AI Tool emerges to accelerate COVID-19 Vaccines that battle new virus mutations

Covid mutations

A growing list of global COVID-19 variants is prompting disease researchers to employ AI models trained using bioinformatics data to speed up vaccine development in the critical search to find improved vaccines that can effectively fight the virus mutations.

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IBM, Palantir partner on AI Apps

AI Apps

IBM and data analytics software vendor Palantir Technologies Inc. will release a cloud data platform in March designed to deploy AI-based applications built around Watson. The service, dubbed Palantir for IBM Cloud Pak for Data, will run on Red Hat OpenShift, enabling hybrid cloud deployments, the partners said Monday (Feb. 8). It also integrates Palantir’s Foundry operations platform designed to integrate data management with analytics.

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Utilities turn to AI to manage assets, field operations

Leaking tap

Public infrastructure operators are joining a growing list of AI technology adopters as they seek to streamline operations and better manage assets. Among the latest is the El Paso, Texas, water utility, which this week announced plans to work with AI services vendor KloudGin Inc. The field service and asset management provider, based in Sunnyvale, Calif., also works with other state and local water and gas utilities along with telecom providers.

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Machine Learning for Computer Architecture

One of the key contributors to recent machine learning (ML) advancements is the development of custom accelerators, such as Google TPUs and Edge TPUs, which significantly increase available compute power unlocking various capabilities such as AlphaGo, RankBrain, WaveNets, and Conversational Agents. This increase can lead to improved performance in neural network training and inference, enabling new possibilities in a broad range of applications, such as vision, language, understanding, and self-driving cars.

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Quantum AI consortium grows, seeks Open Ecosystem

Plan QK

The emerging field of quantum-assisted AI is gathering momentum as partners take the initial steps toward developing an ecosystem based on open platforms.
Furthering that progress, software and algorithm specialist Cambridge Quantum Computing and Germany’s PlanQK quantum AI research consortium will collaborate on an effort to extend the reach quantum-assisted AI, or QAI.

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Google’s AI ethics flap widens

Google’s AI ethics mess continues to spread, with reports this week that the company is investigating a second AI ethicist for scanning company files in search of examples of discriminatory treatment of ousted Google researcher Timnit Gebru.

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OpenAI Extends GPT-3 to combine NLP with Images

GPT3 and NLP

A pair of neural networks unleashed by GPT-3 developer OpenAI use text in the form of image captions as a way of generating images, a predictive approach that developers said will help AI systems better understand language by providing context for deciphering the meaning of words, phrases and sentences.

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AI-based Recycler AMP Robotics gains $55M in new funding from Investors

AMP Robotics Corp., an AI startup developing technology that sorts recyclable materials, has raised an additional $55 million in its latest funding round. The Denver-based AI startup launched in 2015 has so far raised more than $71 million in two funding rounds.

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DeepMind, Google’s AI unit, reports big loss

DeepMind requires deep pockets. Reports surfaced this week that the London-based AI lab acquired in 2014 by Google parent Alphabet for about $600 million lost a staggering $649 million in the last year. The Financial Times and other media outlets also reported Thursday (Dec. 17) that Alphabet (NASDAQ: GOOGL) has written off roughly $1.5 billion in debt associated with loan and interest repayments due from DeepMind.

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AI partners seek ‘Engine of Scientific Discovery’

A research effort built around an automation platform that connects data and analytics applications will focus on advancing the use of AI and machine learning in bioscience and medical applications.

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