artificial intelligence

OpsRamp raises $37.5M for its hybrid IT operations platform

OpsRamp raises $37.5M for its hybrid IT operations platform

OpsRamp, a service that helps IT teams discover, monitor, manage and — maybe most importantly — automate their hybrid environments, today announced that it has closed a $37.5 million funding round led
IBM’s new AI-powered tool will automatically label images for developers

IBM’s new AI-powered tool will automatically label images for developers

Developers building machine learning or object detection models have to manually label hundreds to thousands of images to train them. To make the task easier, IBM has introduced a new auto-labeling
Aquant raises $30 million for AI that gives customer service agents mission-critical data

Aquant raises $30 million for AI that gives customer service agents mission-critical data

Aquant, whose platform taps AI to furnish field service workers with job-relevant info, has raised $30 million in fresh venture capital.
IBM releases annotation tool that taps AI to label images

IBM releases annotation tool that taps AI to label images

IBM released a new component of its Cloud Annotations toolset that automatically labels images for the purpose of training AI and machine learning models.
Two Sundance docs sound the alarm on the dangers of modern AI

Two Sundance docs sound the alarm on the dangers of modern AI

Cautionary tales about AI were all over Sundance screens this year, and not as sci-fi flights of fancy. Two new documentaries, The Social Dilemma and Coded Bias, dig into the pitfalls of artificial

The Robots Are Coming. Prepare for Trouble.

Artificial intelligence won’t eliminate every retail job, an economist says, but the future could be grim unless we start planning now.

The Robots Are Coming. Prepare for Trouble.

Artificial intelligence won’t eliminate every retail job, an economist says, but the future could be grim unless we start planning now.
OpsRamp raises $37.5 million to apply AI to DevOps processes

OpsRamp raises $37.5 million to apply AI to DevOps processes

OpsRamp, a startup developing a robust and extensive AI for IT management platform, has raised $37.5 million in venture capital.
Brussels Edition: Green Shoots of Recovery?

Brussels Edition: Green Shoots of Recovery?

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.

Microsoft backs AI in healthcare with a $40 million program

Microsoft's deepening health tech strategy now includes a significant commitment to AI. The company is starting a $40 million AI for Health program that should help researchers and key organizations

Facebook will pay $550 million to settle class action lawsuit over privacy violations

Facebook will pay over half a billion dollars to settle a class action lawsuit that alleged systematic violation of an Illinois consumer privacy law. The settlement amount is large indeed, but a small

Apple pulls its AI from Pentagon drone program

Before Xnor.ai was acquired by Apple, the startup was working with the US military on Project Maven, a controversial Artificial Intelligence project related to drone imagery. That collaboration
Voice cloning experts cover crime, positive use cases, and safeguards

Voice cloning experts cover crime, positive use cases, and safeguards

The U.S. Federal Trade Commission held a seminar on voice cloning technologies this week, where panelists proposed safeguards and various use cases.
UPS and Matternet will begin delivering medical supplies via drone at UC San Diego Health

UPS and Matternet will begin delivering medical supplies via drone at UC San Diego Health

UPS and Matternet announced an expanded partnership to deliver medical supplies on the campus of University of California San Diego Health.

Stanford’s Doggo quadrupedal robot and siblings Pupper and Woofer are coming to TC Sessions: Robotics + AI

Animal-like, four-legged robots have been a crowd-pleaser since Boston Dynamics’ BigDog, and Stanford’s Doggo shows how the technology can be made open source, accessible and educational. Doggo’s
Verkada raises $80M at $1.6B to be every building’s security OS

Verkada raises $80M at $1.6B to be every building’s security OS

Fifty iPads were stolen from Verkada co-founder Hans Robertson’s old company. Only when they checked the security system did they realize the video cameras hadn’t been working for months. He was
Nest is testing detecting HVAC problems with AI

Nest is testing detecting HVAC problems with AI

Google's Nest division is testing a thermostat feature that taps AI to detect anomolies in heating and cooling (HVAC) systems.

How LSD, Nuclear Weapons Led to the Development of Facial Recognition

Sixty years ago, the first version of facial recognition technology was developed by Woody Bledsoe, with research funded by the CIA.

Microsoft takes wraps off $40M ‘AI for Health’ initiative

When the topics of Microsoft and global health overlap, one tends to think about the Gates Foundation, but the company itself is doing good work along these lines as well. The latest such effort is AI
Microsoft launches $40 million AI for Health grant program (updated)

Microsoft launches $40 million AI for Health grant program (updated)

During an event at its Redmond campus, Microsoft launched AI for Health, a $40 million grant program aimed at tackling health care challenges.