Arguably the biggest week in AI this year in terms of new developments. Not all developments are positive and rosy though. This week we witnessed the tragic and unfortunate death of Elaine Herzberg, who was struck by one of Uber’s autonomous vehicles in Arizona. While I’m a strong proponent of autonomous vehicles, especially given the… Read More »
Breakthroughs / studies: Artificial intelligence can make power firms more efficient: consultancy – Mar. 12, 2018 (Reuters) Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said European utilities could achieve efficiency gains… Read More »
Fundraising / investment Woebot Secures $8 Million in Funding to Increase Access to Mental Health Care Worldwide – Mar. 1, 2018 (Nasdaq Global Newswire) Woebot Labs, Inc. announced an $8 million Series A funding round from leading venture capital firm New Enterprise Associates (NEA) with participation from Andrew Ng’s newly launched AI Fund The announcement… Read More »
Industry breakthroughs Artificial Intelligence More Accurate Than Lawyers for Reviewing Contracts, New Study Reveals – Feb. 26th, 2018 (PR Newswire) In a new study, LawGeex, the leading AI contract review platform, has achieved an average 94% accuracy rate at surfacing risks in Non-Disclosure Agreements (NDAs), one of the most common legal agreements used in business.… Read More »