Tag: category-/Business & Industrial

AI Weekly: Nvidia’s business model is blurring the lines of reality

Back and forth he went: Is this car real or that car real? Near the start of his keynote address at the Nvidia GPU Tech Conference (GTC), CEO Jensen Huang asked the audience to guess which scenes from a BMW car commercial were generated by a machine and which were recorded with a camera. It […]

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Winnow uses computer vision to help commercial kitchens cut food waste

Roughly one third of food produced globally each year never comes close to a human mouth, according to the United Nations’ Food and Agriculture Organization (FAO), equating to around $1 trillion worth of edible food ending up in a landfill. The hospitality industry alone reportedly contributes around 10 percent of that figure, which is why […]

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Apple reportedly acquires Stamplay, Visa API development contest winner

API integration developer Stamplay isn’t a household name, but that’s the type of company Apple tends to acquire: a small business that could enhance or expand its existing offerings. Italian publication 24 Ore reports today that Apple has purchased the Rome-based startup, which notably won a contest to make the best use of new Visa […]

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Element AI launches enterprise decision-making automation tools

Element AI, a company cofounded more than two years ago by deep learning expert Yoshua Bengio, is rolling out its first publicly available products for enterprise customers today. The AI Enablement Tools and Insight Libraries help automate document reading and processing for various industries using computer vision, optical character recognition (OCR), and other techniques. Element […]

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Movius raises $45 million for cloud-based BYOD services

Woe be the analysts who predicted the bring your own device (BYOD) craze had no legs. According to a recent study published by cloud access security broker Bitglass, roughly 85 percent of organizations have adopted BYOD policies, with an increasing number (27 percent) extending them to contractors in addition to full-time employees. It’s largely a […]

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Thinknum raises $11.6 million to expand its financial modeling tools

Financial analysts spend their days combing through data points to identify patterns and spot trends. But much of the data they rely on is traditional, and the way they share it with their colleagues — through excel files — isn’t always effective. Thinknum, a New York-based firm that aims to address both of these problems, […]

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Google fined $1.69 billion by EU for AdSense antitrust abuses

Google has been fined $1.69 billion by European regulators, who claim the U.S. tech giant abused its dominant position in search to force third-party sites to favor its own ad network while freezing out rivals. This marks the third massive antitrust fine levied against Google by the European Union, which has become increasingly aggressive in […]

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Trello limits teams on free tier to 10 boards, rolls out Enterprise automations and admin controls

Trello, a Kanban-inspired project management app organized around the idea of boards containing cards with attachments, to-do items, and comments, is getting a few much-needed improvements. Today, the Trello team announced that Trello Enterprise, a corporate-class subscription tier launched in 2015, will gain 13 new features this week, including improved admin controls, a new visibility […]

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Dorian raises $2 million for immersive fiction app

Dorian has raised $2 million in funding for interactive storytelling for a new generation of readers. The San Francisco-based company is developing an “immersive fiction app” that is inspired by experimental storytelling such as Netflix’s Black Mirror: Bandersnatch TV show, where the viewers could make choices for the show’s characters. The money comes from game-focused […]

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Thirstie raises $7 million for alcohol delivery and logistics

Thirstie, a six-year-old New York-based developer of white label ecommerce solutions for liquor brands, today announced that it has raised $7 million in an oversubscribed series A funding round led by Queens Court Capital, with participation from the former CEOs of Coach, Citibank, and Credit Suisse USA, and Swat Equity Partners founder Richard Kirshenbaum. It brings […]

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Salesforce’s Service Cloud adds automated case routing, reply recommendations, and other AI features

Salesforce wants to supercharge customer service workflows with artificial intelligence. Toward that end, the San Francisco company today revealed a slew of AI-driven features headed to Service Cloud, its customer relationship management platform, including article recommendations and automated case routing. They’re well-timed, says Salesforce. According to its 2019 State of the Service report, 88 percent […]

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Google’s Gradient Ventures joins $58 million investment in AR startup Mojo Vision

Mojo Vision, an under-the-radar augmented reality (AR) startup that has yet to reveal exactly what it’s building, has announced that it has raised $58 million in a series B round of funding from Google’s Gradient Ventures, Advantech Capital, HP Tech Ventures, Motorola Solutions Venture Capital, Bold Capital Partners, LG Electronics, Kakao Ventures, and Stanford StartX. […]

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Automata wants to democratize industrial automation with a $6,600 desktop robotic arm

Despite lingering fears that “robots” are coming to steal our jobs, automation is infiltrating just about every facet of society, from supermarkets to repetitive software-based jobs and even the creative industries. And one London-based startup wants to capitalize on this growing trend by bringing an affordable desktop-based industrial robot to market. Founded in 2015 by […]

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Unity partners with Tencent to help game devs get into China

Unity chief executive officer John Riccitiello will partner with Tencent to support Tencent Cloud. This will be available later this year. Riccitiello made the announcement during Unity’s press event at Game Developers Conference 2019 in San Francisco. Tencent Cloud is a cloud computing service from China’s largest game company. It promises a secure and high-power […]

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Oblong introduces Rumpus visual collaboration tool for virtual teams

Oblong Industries is giving us a little taste of the future with Rumpus, a visual collaboration tool for virtual teams on the Mac. It lets everyone share their screens at once or point at something at the same time, even if they aren’t in the same room together. Oblong CEO John Underkoffler is best known as […]

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OneWeb raises $1.25 billion to mass produce high-speed internet satellites

OneWeb, a space startup that recently launched its first “constellation” of micro-satellites to deliver broadband access across the globe, has raised $1.25 billion to begin mass production of its satellites and capitalize on what it calls “first mover advantage.” The gargantuan cash injection was led by SoftBank, Qualcomm, Grupo Salinas, and the Rwandan government, and […]

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The growing market of everyday products made from greenhouse gases

Climate change is scary. As October’s UN report highlighted, we have about a decade left to fight off its worst effects. But if you’re going to lose sleep over our warming climate, you may as well do so on a sustainably sourced mattress. Thanks to companies like Covestro, you can actually do one better – up to […]

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CISOs: You need to manage by ‘walking around’

Chief information security officers (CISOs) today have replaced chief information officers (CIOs) as the most under-valued C-level executives. In fact, according to research from the Enterprise Strategy Group (ESG) and the Information Systems Security Association (ISSA), nearly one-third (29 percent) of corporations today still do not have a CISO role or its equivalent. And for […]

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AI’s many challenges must be thoughtfully addressed

In the future, personalized AI assistants will use knowledge of our behaviors to inform us of goings-on and do chores, and as we grow older, they’ll provide companionship and assistance when caregivers aren’t around. These assistants will not only chart our calendars and supply answers to questions, but will help administer medical treatments, assist us […]

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The DeanBeat: GDC 2019 will escalate gaming’s tool, engine, and platform wars

The Game Developers Conference will draw more than 20,000 people to San Francisco next week, and it will be like dropping another quarter in the arcade machine to play games like Platform Wars and Battle of the Game Engines. With so many developers attending, the platform, tool, and engine companies are jockeying to be noticed. […]

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Uber plans to kick off IPO in April

(Reuters) — Ride-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft, people familiar with the matter said on Thursday. Next month, Uber will issue its required public disclosure, known as an S-1, and launch its investor roadshow, the people said. […]

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Facebook debuts Minipack, an open modular switch for datacenters

During a keynote at the 2019 Open Compute Project (OCP) Global Summit in San Jose, Facebook today debuted Minipack, a modular whitebox network switch platform it claims is the first of its kind with an “open” design. “We are excited to work with the community to develop an ecosystem around Minipack,” said director of engineering […]

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