This week featured many positive news stories. Most notable was the use of new facial recognition software by police in India to find thousands of missing children. Always great to see the use of AI to help make the world a safer and better place. Company developments: IAI developing autonomous vehicles – Apr. 29, 2018… Read More »
This week’s news features interesting developments with regards to fundraising. Sinovation Ventures landed Spanish bank BBVA as a new LP, and BenevolentAI raised over $100mm to continue its development of AI for drug discovery. Company developments: Jack Ma says Alibaba ‘doing a lot of research’ on driverless cars – Apr. 19, 2018 (Phys.org) “What we… Read More »
Another busy week per usual. Highlights include SenseTime’s insane $600mm Series C round. They’re now the world’s most valuable AI startup. Company developments: Veteran Global AI Leader Dongyan Wang Joins DeepBrain Chain as Chief AI Officer, Executive VP of Silicon Valley Research Center – Apr. 13, 2018 (satPRnews) DeepBrain Chain (www.deepbrainchain.org), the world’s first Artificial… Read More »
This week has seen a heavy push on policies and government initiatives related to AI. Looks like the Uber accident in Arizona has failed to deter most regulatory bodies from halting autonomous vehicle legislation and policy. Among the many other developments this week, for all ramen lovers, Google has developed a program that can categorize… Read More »
This week is highlighted by Emmanuel Macron’s push to make France an AI mecca and avoid “dystopia”. So far his initiative has been well received and DeepMind (Google subsidiary) even announced plans to open its second research center in Paris. Company developments Global AI Art Competition launched in Beijing – Mar. 31, 2018 (Xinhua Net) The… Read More »
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 »