AI/ML

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Baidu Plans to Increase Investment in New Infrastructure to Support the Rise of Industrial AI

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Baidu, Inc. recently revealed plans to increase investments in the next decade to contribute toward constructing “new infrastructure” for the smart economy of the future.  The company aims to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years. It has been working with over 200 top universities […]

Baidu Plans to Increase Investment in New Infrastructure to Support the Rise of Industrial AI Read More »

Baidu, Inc. recently revealed plans to increase investments in the next decade to contribute toward constructing “new infrastructure” for the smart economy of the future.  The company aims to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years. It has been working with over 200 top universities

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Nextbillion.ai

Singapore’s AI Startup Nextbillion.ai Raises US$7M Series A

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The capital injection will help Nextbillion.ai explore new domains such as neuro-linguistic programming and facial recognition Singapore-headquartered enterprise artificial intelligence (AI) solutions provider Nextbillion.ai has raised US$7 million in a Series A funding round led by Lightspeed Venture Partners and Falcon Edge Capital, barely five months after it was founded in January 2020, according to

Singapore’s AI Startup Nextbillion.ai Raises US$7M Series A Read More »

The capital injection will help Nextbillion.ai explore new domains such as neuro-linguistic programming and facial recognition Singapore-headquartered enterprise artificial intelligence (AI) solutions provider Nextbillion.ai has raised US$7 million in a Series A funding round led by Lightspeed Venture Partners and Falcon Edge Capital, barely five months after it was founded in January 2020, according to

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TikTok’s Machine Learning Algorithm

Explaining TikTok’s Machine Learning Algorithm

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TikTok isn’t just home to “Renegade” dances—it’s also revolutionizing the world of machine learning TikTok continues to sweep across the world as a young adult social media phenomenon, and it’s showing no signs of stopping any time soon. In January 2020, 19% of people between the age of 13-35 years used the ByteDance-owned app. In

Explaining TikTok’s Machine Learning Algorithm Read More »

TikTok isn’t just home to “Renegade” dances—it’s also revolutionizing the world of machine learning TikTok continues to sweep across the world as a young adult social media phenomenon, and it’s showing no signs of stopping any time soon. In January 2020, 19% of people between the age of 13-35 years used the ByteDance-owned app. In

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Drishti

Manufacturing AI Startup Drishti Bags $25M Series B Led By Sozo Ventures

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The latest investments will be used for global expansion with plants across North America and Japan Drishti Technologies, Inc. has raised an investment of $25 million in its Series B round of financing led by Sozo Ventures, according to a press release issued by the startup on Tuesday. As part of this round, Uday Sandhu

Manufacturing AI Startup Drishti Bags $25M Series B Led By Sozo Ventures Read More »

The latest investments will be used for global expansion with plants across North America and Japan Drishti Technologies, Inc. has raised an investment of $25 million in its Series B round of financing led by Sozo Ventures, according to a press release issued by the startup on Tuesday. As part of this round, Uday Sandhu

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Cogent Labs

Japanese AI Startup Cogent Labs Closes US$20.2M Series C

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Cogent Labs to use latest funds for product enhancement and overseas expansion Japanese AI startup Cogent Labs announced the completion of its Series C funding round of US$20.2 million, in a press statement released yesterday. According to the statement, the startup raised funding from a major global bank through third-party allotment of shares, and from

Japanese AI Startup Cogent Labs Closes US$20.2M Series C Read More »

Cogent Labs to use latest funds for product enhancement and overseas expansion Japanese AI startup Cogent Labs announced the completion of its Series C funding round of US$20.2 million, in a press statement released yesterday. According to the statement, the startup raised funding from a major global bank through third-party allotment of shares, and from

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Xmov

Sequoia-backed Startup Xmov Unveils China’s First AI Virtual Influencer

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China’s virtual idol industry was valued at $14 million in 2018, and is expected to grow to $210 million by 2023 China’s first virtual key opinion leader (KOL) Ling, co-created by Sequoia Capital backed Chinese artificial intelligence (AI) startup Xmov Information Technology and Beijing Cishi Culture Media Company, made her world online debut on Monday. Ling’s team will

Sequoia-backed Startup Xmov Unveils China’s First AI Virtual Influencer Read More »

China’s virtual idol industry was valued at $14 million in 2018, and is expected to grow to $210 million by 2023 China’s first virtual key opinion leader (KOL) Ling, co-created by Sequoia Capital backed Chinese artificial intelligence (AI) startup Xmov Information Technology and Beijing Cishi Culture Media Company, made her world online debut on Monday. Ling’s team will

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datagrand

‘Optimistic Outlook’ on Applications of AI: DataGrand’s US$38M Series B+

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The funding will be used to strengthen DataGrand’s tech capacity Chinese artificial intelligence (AI) semantics analysis startup DataGrand has closed its Series B+ funding round with an RMB 270 million (US$38 million) raise, the company announced in a statement. Venture capital firm Shenzhen Capital Group led the round, with participation from DataGrand’s previous investors SAIF

‘Optimistic Outlook’ on Applications of AI: DataGrand’s US$38M Series B+ Read More »

The funding will be used to strengthen DataGrand’s tech capacity Chinese artificial intelligence (AI) semantics analysis startup DataGrand has closed its Series B+ funding round with an RMB 270 million (US$38 million) raise, the company announced in a statement. Venture capital firm Shenzhen Capital Group led the round, with participation from DataGrand’s previous investors SAIF

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photography industry

The Future of the Photography Industry

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By Evgeny Tchebotarev Here’s what it means for you At the end of 1999, with snow falling outside an apartment located in a quiet part of Moscow, a 14-year-old boy was patiently waiting in front of a boxy, beige monitor–the unblinking eye of the Photoshop 5.5 splash screen staring back at him. That boy was

The Future of the Photography Industry Read More »

By Evgeny Tchebotarev Here’s what it means for you At the end of 1999, with snow falling outside an apartment located in a quiet part of Moscow, a 14-year-old boy was patiently waiting in front of a boxy, beige monitor–the unblinking eye of the Photoshop 5.5 splash screen staring back at him. That boy was

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Shelfie

Australian AI Venture Shelfie Receives Fresh Series A Funding From d:tribe Capital

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Shelfie uses AI and deep learning technology to optimize merchandising layouts and prevent stock shortages Australian AI retail shelf analytics platform Shelfie, a part of Lakeba Group, has raised an undisclosed amount in a Series A funding round from Singapore-based technology venture capital firm d:tribe Capital, according to a statement released by d:tribe today. The

Australian AI Venture Shelfie Receives Fresh Series A Funding From d:tribe Capital Read More »

Shelfie uses AI and deep learning technology to optimize merchandising layouts and prevent stock shortages Australian AI retail shelf analytics platform Shelfie, a part of Lakeba Group, has raised an undisclosed amount in a Series A funding round from Singapore-based technology venture capital firm d:tribe Capital, according to a statement released by d:tribe today. The

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Orbo AI

Indian Computer Vision Startup Orbo AI Acquires Photo Editing Platform Gemia

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Orbo will continue to offer Gemia as a subscription-based SaaS tool for image enhancements Mumbai, India-based computer vision and artificial intelligence (AI) startup, Orbo AI has acquired U.S.-based photo editing startup Gemia from large AI research firm Arvi Inc. Although the financial details of the deal were not disclosed, Orbo Founder and CEO Manoj Shinde

Indian Computer Vision Startup Orbo AI Acquires Photo Editing Platform Gemia Read More »

Orbo will continue to offer Gemia as a subscription-based SaaS tool for image enhancements Mumbai, India-based computer vision and artificial intelligence (AI) startup, Orbo AI has acquired U.S.-based photo editing startup Gemia from large AI research firm Arvi Inc. Although the financial details of the deal were not disclosed, Orbo Founder and CEO Manoj Shinde

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Beijing’s MiningLamp Raises $300M Series E Despite Chinese Economic Slowdown

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The data mining startup identifies an “industrial ecological chain” as one of its key focus areas In spite of China’s currently-sluggish economy (exacerbated by the COVID-19 crisis), Beijing-based MiningLamp Technologies has raised US$300 million in a Series E round, the company said in a statement on Friday, March 27. MiningLamp, also known as Minglue Technology,

Beijing’s MiningLamp Raises $300M Series E Despite Chinese Economic Slowdown Read More »

The data mining startup identifies an “industrial ecological chain” as one of its key focus areas In spite of China’s currently-sluggish economy (exacerbated by the COVID-19 crisis), Beijing-based MiningLamp Technologies has raised US$300 million in a Series E round, the company said in a statement on Friday, March 27. MiningLamp, also known as Minglue Technology,

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Yokogawa acquires Danish AI-tech startup Grazper

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This is the second of three partnerships so far this month. Tokyo-based electrical engineering and software company Yokogawa Electric Corporation announced in a statement yesterday that it had acquired Danish artificial intelligence (AI) startup Grazper Technologies ApS for an undisclosed amount on 20 March 2020. Founded in 2015 in Copenhagen, Grazper’s investors include Danish venture

Yokogawa acquires Danish AI-tech startup Grazper Read More »

This is the second of three partnerships so far this month. Tokyo-based electrical engineering and software company Yokogawa Electric Corporation announced in a statement yesterday that it had acquired Danish artificial intelligence (AI) startup Grazper Technologies ApS for an undisclosed amount on 20 March 2020. Founded in 2015 in Copenhagen, Grazper’s investors include Danish venture

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How Do Machines Learn?

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Machines may be more intelligent than human beings, but that may not make them smarter. One of the most photographed women at the 2016 South by Southwest (SXSW) festival was not human. Hanson Robotics’ humanoid robot Sophia became an instant celebrity after her first public appearance at the festival. Just a mention of her can

How Do Machines Learn? Read More »

Machines may be more intelligent than human beings, but that may not make them smarter. One of the most photographed women at the 2016 South by Southwest (SXSW) festival was not human. Hanson Robotics’ humanoid robot Sophia became an instant celebrity after her first public appearance at the festival. Just a mention of her can

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Science Fiction, Meet Lethal Weapon

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Autonomous weapons are almost here. From drone swarms to smart assault rifles, the face of warfare is about to get a makeover. When Noel Sharkey was asked about autonomous weapons at a press conference in 2007, it was a new concept to him. He researched the topic at once, discovering that smart weaponry was on

Science Fiction, Meet Lethal Weapon Read More »

Autonomous weapons are almost here. From drone swarms to smart assault rifles, the face of warfare is about to get a makeover. When Noel Sharkey was asked about autonomous weapons at a press conference in 2007, it was a new concept to him. He researched the topic at once, discovering that smart weaponry was on

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Do I Have Your Attention?

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By Elisa Choy In today’s economy, the currency of power is not attention–it’s engagement American economist and political scientist, Herbert Simon, was ahead of his time. In the early 1970s, he realized that information would no longer be a scarce resource in an era of media saturation. Instead, people’s attention would be in demand.  It

Do I Have Your Attention? Read More »

By Elisa Choy In today’s economy, the currency of power is not attention–it’s engagement American economist and political scientist, Herbert Simon, was ahead of his time. In the early 1970s, he realized that information would no longer be a scarce resource in an era of media saturation. Instead, people’s attention would be in demand.  It

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I, RobotI

I, Robot

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How the Internet of Things will free us Salvador Dalí, in his home on the Costa Brava, installed a unique feature: a mirror mounted at a specific angle on the wall of his bedroom. It wasn’t so he could see himself in the morning, brush his teeth at night, or fret over some ostentatious outfit.

I, Robot Read More »

How the Internet of Things will free us Salvador Dalí, in his home on the Costa Brava, installed a unique feature: a mirror mounted at a specific angle on the wall of his bedroom. It wasn’t so he could see himself in the morning, brush his teeth at night, or fret over some ostentatious outfit.

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