Advanced Computing in the Age of AI | Monday, April 19, 2021
An open-source AI initiative has come up with a prototype system in the form of a voice-activated backpack that promises to help the visually impaired perceive and navigate their surroundings. The project, which is sponsored by Intel Corp., draws not only on AI hardware and software but also on open-source development kits and critical input from potential users. Those ... Full article
Artificial Intelligence -- including its subset machine learning -- is one of the most transformative technologies to be available to businesses in decades. The emphasis it brings to data insights, the speed of delivery and the creativity that underpins it are radical. It’s a data world and we just live in it. Yet many businesses haven’t adopted machine learning ... Full article
Choosing candidates to hire or admit to a competitive university graduate program can often be a subjective exercise. Resumes, recommendations and test scores aside, evaluators often act upon gut instinct. Given that reality, the evaluation technology company Harqen.AI is rolling out an AI-enabled automation service which the company says makes better decisions about hiring and college admissions than humans. ... Full article
Financial crime prevention and risk management vendor Feedzai has secured another $200 million in Series D investment money as the company works to expand its sales footprint, product offerings and partner strategy around the globe. Feedzai, which is based in San Mateo, Calif., and Lisbon, Portugal, received the latest funds from global investment firm KKR, with participation from existing investors ... Full article
AI developers have been steadily segmenting the booming financial services technology sector with new tools aimed at automating business processes. Among the latest examples are fintech startups applying AI to the drafting and analysis of business contracts, a software service known as contract lifecycle management (CLM). A recent entry, Toronto-based Arteria AI Inc., announced an early funding round this ... Full article
IBM has named 40 distinguished female technologists to its 2021 Women Leaders in AI list, which highlights women in business who are using IBM Watson to drive AI innovation across companies around the globe. The list, which is part of IBM’s three-year-old Women Leaders in AI Program, includes awardees from 18 nations who are continuously demonstrating how efforts to ... Full article
Geoff Tate, CEO and cofounder of Flex Logix Technologies, told us several years back that edge AI inferencing would be the embedded FPGA vendor’s biggest market through about 2023. Among the reasons was the crying need for an affordable inference engine that could also handle a range of applications as data processing and storage shifts from cloud data centers ... Full article
California continues to prepare for another round of wildfires by deploying AI-based early-warning systems designed to spot outbreaks before they become infernos. Sonoma County is the latest to adopt AI technology in the Golden State’s ongoing efforts to monitor and prevent the spread of deadly wildfires that have previously scorched entire towns. County officials announced this week they have ... Full article
Eight months after making its Nvidia A100 A2 VM cloud services available on Google Cloud as a beta service for customers, Google Cloud has announced that they are now generally available. Google Cloud’s move follows its cloud rivals Oracle and Amazon Web Services (AWS), which made their Nvidia A100 GPU-based cloud instances generally available in September 2020 and November ... Full article
The uneven application of AI technology within the healthcare sector appears to be smoothing out as investors increasingly target analytics and AI-based systems for applications like coordinated patient care. Those applications could soon join established AI-based use cases such as medical imaging as market drivers, analysts say. A pair of funding announcements this week underscore how machine learning-based analytics ... Full article
After almost 10 years of investments and flagging progress, Micron announced today (Tuesday) that it is ending its involvement in 3D XPoint, the non-volatile memory technology it originally developed in collaboration with Intel. As it ceases all R&D on 3D XPoint technology, the company said it is also shutting down and selling the Lehi, Utah, fab factory where the ... Full article
Now that AMD unveiled its latest third-generation Epyc CPU product line for AI, HPC and enterprise workloads on March 15, the company’s server and services partners continue to announce their own plans for bringing Epyc-equipped products to market. Major server partners Cisco, Dell EMC, HPE and Lenovo are unleashing new enterprise server models powered by the latest Epyc third-gen ... Full article
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. As its customer base expands, Torch.AI said Wednesday (March 17) it would use the funds to scale its ... Full article
The combination of AI and no-code software development platforms are accelerating efforts to scale enterprise applications, including data collection, modeling and analysis. Those are among the goals of Noogata, a no-code AI startup targeting enterprise data analytics tools that can be built by non-programmers. The two-year-old startup based in Tel Aviv, Israel, announced a $12 million seed funding round ... Full article
Among the latest iterations of AI software is a category dubbed FlowOps, or Flow Operations, designed to reduce waste in manufacturing while helping to unclog vulnerable supply chains. FlowOps allows manufacturers and other operators to manage workflows from production and inventory management to gauging product demand and maintaining quality control. The latest FlowOps platform, unveiled March 15 (Monday) by ... Full article
A wide range of new third-generation AMD Epyc “Milan” CPUs were unveiled March 15 (Monday) by the chipmaker, from a flagship 64-core model to 8-core versions built for a myriad of server workloads. For AI users, the big news is that the latest generation of AMD server chips show promise in improving performance for many AI processes, according to ... Full article
If you’re finding it harder to get access to GPUs in the cloud to train your AI models lately, you’re not alone. The combination of a global chip shortage and increased demand for AI model training is apparently leading to longer wait times for some cloud GPU users. Nvidia, which makes most of the GPUs used for AI, says ... Full article
As banks and financial institutions look to expand their use of AI in their operations, having compelling reasons to deploy the technology are now the norm. But a large challenge stands in the way of broadening the use of AI in the industry –  it’s increasingly hard to find enough well-trained data scientists to help banks and financial services ... Full article
One of the world’s largest car makers is mapping out an AI strategy that extends beyond autonomous vehicles to include industrial robots critical to manufacturing as well as automation infrastructure efforts related to smart cities. Toyota AI Ventures, which launched in 2017, is now looking to fund innovative startups working on AI-based systems ranging from spatial intelligence for robots ... Full article
Intel Corp. and deep learning startup Deci are partnering to help enterprises dramatically optimize inferencing and make their deep learning models more efficient and faster using Intel CPUs. The collaboration, which brings together Deci’s algorithmic acceleration technology with Intel chip architectures, aims to make it possible for enterprises to accelerate inferencing speeds by up to 11x at scale, based ... Full article
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