artificial intelligence
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CareSkore gets $4.3M to bring machine learning to preventive care
Among other things, CareSkore wants to use machine learning to anticipate mortality. However, the newly endowed platform is more than just a Facebook poll that tells you how you’ll meet your end this Christmas by being squashed by a falling piano. Storm ventures, Cota Capital, Rising Tide Fund and Liquid 2 Ventures are rallying behind the Y Combinator graduate with today’s… Read More
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GM testing Cruise’s self-driving tech with Bolt EVs on Arizona roads
GM’s putting its Cruise acquisition to good use in Arizona: The self-driving car startup acquired by the automaker in March is trialling its tech on public roads in Scottsdale. Cruise tweeted about the autonomous testing expansion, which uses Chevrolet Bolt all-electric vehicles, and which adds to the core fleet of testing vehicles already operating in San Francisco. We’re… Read More
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Flock is building a risk assessment platform for drone flights
Engineering problems can sometimes appear simple beside the amorphous challenges of regulating and managing cutting edge technology use within existing societal structures. But early stage startup Flock is viewing the knotted intersection of technology and regulation as just another business opportunity. Read More
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Ford and MIT project provides on-demand electric shuttles for students
Ford is working with MIT on a research project that will deploy a new fleet of on-demand electric shuttles that can ferry students from class-to-class both on campus and on city roads at MIT’s Cambridge, Mass. location. Students can hail one of three electric shuttles using an app on their smartphone, and a driver will arrive quickly to pick them up. The research projects hopes to shed… Read More
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Microsoft Pix uses AI to help your iPhone take the best pictures
Microsoft Pix is looking to become your new go-to camera app on iPhone. The new iOS offering from Microsoft’s mobile team employs some artificial intelligence smarts to help make sure you take the best pictures, by eliminating human error through batch captures and by enhancing image color, exposure and other variables that can make the difference between drab and dramatic for your… Read More
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IPO on horizon, subprime lending startup Elevate adds $545M in credit from Victory Park Capital
With an IPO on the horizon, subprime lender Elevate will have an additional $545 million credit faculty to support its growing customers. Elevate’s niche right now is providing loans to borrowers with creditscores between 575 and 625. As the company expands, it wants to provide loans to customers with even lower credit-scores. Ken Rees, CEO of Elevate, is quick to note that 65 percent… Read More
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Prospera raises $7 million to put computer vision and AI to work on the farm
A Tel Aviv-based startup called Propsera has raised $7 million in new venture funding to build out systems that will monitor and help farmers improve the health of their crops, and optimize their operations. Bessemer Venture Partners led the Series A round. Prospera CEO and co-founder Daniel Koppel said agriculture professionals have plenty of tech at their disposal today from soil and… Read More
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Google unleashes DeepMind on energy-hungry data center, cutting cooling bill by 40%
DeepMind may be a master at one of the most complex games on Earth, but can it handle the day-to-day energy concerns of a Google datacenter? Yes, as it turns out, and with a vengeance. Sift Science raises $30 million to predict and prevent fraud everywhere online
To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from personal and corporate data breaches to credit card… Read More
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IBM beats the street in Q2 with sales of $20.24B, EPS of $2.95, cloud revenues up 30%
IT giant IBM has just posted its second quarter earnings, with revenues coming in at $20.24 billion and non-GAAP earnings per share at $2.95. The figures beat analysts’ estimates of $20.03 billion in revenue and non-GAAP EPS of $2.89 per share. However, non-GAAP net income is $2.8 billion, down 25% from a year ago (GAAP net income was $2.5 billion, now 29%). And… Read More
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