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Tag: AI

AI-Powered Drug Development in a Post-COVID World

Apr 19, 2021 |

The developed world is on the cusp of turning the corner in the fight against COVID-19 thanks to the unprecedented effort to rapidly develop and distribute effective vaccines. Now technologists are hoping to take drug development to the next level, and AI will play a big role. Read more…

Redis Nabs $110 Million in VC Funding as Deployments Grow

Apr 7, 2021 |

Following the latest Series G round of funding in the amount of $110 million, NoSQL database vendor Redis Labs is worth more than $2 billion, the company announced today. That additional venture funding will help the company to continue positioning the product as a versatile real-time data platform for the cloud. Read more…

Can Digital Twins Help Modernize Electric Grids?

Apr 5, 2021 |

Recent failures of electric grids in Texas and California have highlighted the difficulties that energy companies and regulators face in ensuring the delivery of reliable and affordable power while simultaneously switching to less-polluting energy sources. Read more…

A Nutrition Label for AI

Mar 25, 2021 |

It can be difficult to understand exactly what’s going on inside of a deep learning model, which is a real problem for companies concerned about bias, ethics, and explainability. Now IBM is developing something called AI FactSheets, which it describes as a nutrition label for deep learning that explains how models work and that can also detect bias. Read more…

The ‘Rage Design’ Behind Flatfile’s Onboarding Success

Mar 24, 2021 |

David Boskovic was excited to join a company called Envoy back in 2016. He had worked with B2B startups since he was 18, and was looking forward to helping another tech startup scale an idea. Read more…

CDOs Must Shift to Offense, Survey Finds

Mar 23, 2021 |

The financial services sector faces among the toughest data compliance and risk management challenges, some of which are being addressed by AI-based analytical cloud services. But a vendor-sponsored survey of chief data officers (CDOs) finds that a majority of those data management tasks remain manual processes. Read more…

A ‘Glut’ of Innovation Spotted in Data Science and ML Platforms

Mar 22, 2021 |

These are heady days in data science and machine learning (DSML) according to Gartner, which identified a “glut” of innovation occurring in the market for DSML platforms. From established companies chasing AutoML or model governance to startups focusing on MLops or explainable AI, a plethora of vendors are simultaneously moving in all directions with their products as they seek to differentiate themselves amid a very diverse audience. Read more…

Five Real-World Applications for Sports Analytics

Mar 18, 2021 |

When Moneyball first published nearly two decades ago, it was a chronicle of an industry slow to adopt advanced statistical methods for evaluating player worth. Since then however, and due in no small part to the book itself, sports is now at the forefront of applying advanced analytics to change how the game is understood by front offices, played by athletes, and enjoyed by fans. Read more…

Torch.AI Looks to Replace ‘Store and Reduce’ with Synaptic Mesh

Mar 17, 2021 |

Torch.AI, the profitable startup applying machine learning to analyze data “in-flight” via its proprietary synaptic mesh technology, announced its first funding round along with expansion plans.

The Series A round garnered $30 million, and was led by San Francisco-based WestCap Group. Read more…

Synthetic Data: Sometimes Better Than the Real Thing

Mar 16, 2021 |

Having a large stockpile of data is still a prerequisite for advanced analytics and AI. But companies building AI models increasingly are finding that artificially created data can be just as good as the real thing. Read more…