Advanced Computing in the Age of AI|Tuesday, March 2, 2021
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Startup Symbio Robotics Gets $30M Funding to Extend Factory Automation Using AI

Startup Symbio Robotics Gets $30M Funding to Extend Factory Automation Usin...

The modern factory floor is increasingly automated, but manufacturers are looking for ways to make industrial robots ...

As Insurtech Sector Embraces AI, Startup Zelros Attracts Another $11M in Funding

As Insurtech Sector Embraces AI, Startup Zelros Attracts Another $11M in Fu...

Among the financial sectors embracing AI technology is the insurance industry, which is looking for more personal ...

FundGuard, AI Vendor for Fintech, Gets $12M in Additional Series A Funding

FundGuard, AI Vendor for Fintech, Gets $12M in Additional Series A Funding

Financial platforms that often serve as harbingers for enterprise technology adoption are rapidly embracing AI-based components to ...

Peak AI Gets $21M Series B Funding Round, Expands Access to AI ‘Decision Intelligence’

Peak AI Gets $21M Series B Funding Round, Expands Access to AI ‘Decision ...

AI deployments are steadily migrating to retail applications as commercial brands seek to get a better handle ...

Happening Now
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Systems

March 1, 2021
The modern factory floor is increasingly automated, but manufacturers are looking for ways to make industrial robots more flexible. Symbio Robotics, a Bay Area startup, is aiming to solve those problems using its new AI-based platform that allows robots to learn, adapt and execute new assembly tasks. The company emerged last week, announcing partnerships with automakers along with $30 ... Full article
February 25, 2021
Among the financial sectors embracing AI technology is the insurance industry, which is looking for more personal and efficient ways to promote its products and services while streamlining underwriting and other data-heavy functions. Investors sense an opportunity in leveraging AI to finetune the insurance business through the use of technology in what is being called the insurtech sector. This ... Full article
February 24, 2021
FPGA vendor Xilinx has debuted its latest SmartNIC model, the Alveo SN1000, with integrated “composability” features that allow enterprise users to add their own custom networking functions to supplement its built-in networking. By providing deep flexibility and customization, the Alveo SN1000 gives customers, including hyperscalers, cloud users and a wide range of enterprise users, tools that will give them ... Full article
February 23, 2021
Financial platforms that often serve as harbingers for enterprise technology adoption are rapidly embracing AI-based components to help manage a wide range of investments in the fintech sector. Venture firms have noticed, providing new funding to startups such as FundGuard, developers of an AI-based software-as-a-service platform (SaaS) for investment and asset management. As part of that trend, New York- ... Full article
February 23, 2021
As it continues to pivot to the cloud, IBM has unveiled a new Power-based private cloud rack product line that is also porting Red Hat OpenShift capabilities to its Power products. The moves for the Power-microprocessor-based products are part of a realignment with IBM's corporate-wide strategy, which iappears to be de-emphasizing HPC to target more traditional enterprise and cloud/hybrid ... Full article
February 17, 2021
AI deployments are steadily migrating to retail applications as commercial brands seek to get a better handle on supply chains along with marketing and sales. Increased demand for embedded AI software used to guide those decisions is on the rise, benefitting early movers offering automation tools designed to inform decisions on logistics and marketing. Among them is U.K.-based Peak ... Full article
February 16, 2021
The U.S. Defense Department and Globalfoundries are expanding their semiconductor manufacturing partnership by certifying the foundry’s most advanced fab complies with U.S. export controls intended to secure the chip manufacturing supply chain. The DoD partnership reflects greater capacity utilization as Globalfoundries and other manufacturers are meanwhile scrambling to meet surging demand in the middle of a global chip shortage. ... Full article
February 12, 2021
Amid pandemic-related supply chain disruptions, chip makers are urging the Biden administration to include funding and tax incentives aimed at boosting semiconductor manufacturing and research in its economic recovery and infrastructure initiatives. In a letter released Thursday (Feb. 11), the Semiconductor Industry Association (SIA) urged the White House to implement and fund chip R&D initiatives contained in the fiscal ... Full article
February 11, 2021
With the overriding goal of reducing hardware errors and instability caused by environment noise, quantum computing software startup Q-CTRL has unveiled an AI-based toolset billed as enabling quantum computers to “self-tune” for noise and error suppression. The tools use AI agents to execute algorithms with fewer errors, ultimately boosting the performance of quantum computers for potential enterprise users. The ... Full article
February 9, 2021
A growing list of global COVID-19 variants is prompting disease researchers to employ AI models trained using bioinformatics data to speed up vaccine development in the critical search to find improved vaccines that can effectively fight the virus mutations. In a paper published in the journal Scientific Reports, researchers from the University of Southern California’s Viterbi School of Engineering ... Full article
February 8, 2021
IBM and data analytics software vendor Palantir Technologies Inc. will release a cloud data platform in March designed to deploy AI-based applications built around Watson. The service, dubbed Palantir for IBM Cloud Pak for Data, will run on Red Hat OpenShift, enabling hybrid cloud deployments, the partners said Monday (Feb. 8). It also integrates Palantir’s Foundry operations platform designed to integrate ... Full article
February 5, 2021
Public infrastructure operators are joining a growing list of AI technology adopters as they seek to streamline operations and better manage assets. Among the latest is the El Paso, Texas, water utility, which this week announced plans to work with AI services vendor KloudGin Inc. The field service and asset management provider, based in Sunnyvale, Calif., also works with ... Full article
February 3, 2021
As Jeff Bezos prepares to give up Amazon’s CEO seat to become the company’s executive chair in the third quarter of 2021, the big question now being asked is what will the market-dominating cloud and online retailer look like under incoming CEO, Andy Jassy? Bezos, 57, announced his intentions Feb. 2 (Tuesday) as Amazon unveiled its fourth quarter financial ... Full article
February 2, 2021
The emerging field of quantum-assisted AI is gathering momentum as partners take the initial steps toward developing an ecosystem based on open platforms. Furthering that progress, software and algorithm specialist Cambridge Quantum Computing and Germany’s PlanQK quantum AI research consortium will collaborate on an effort to extend the reach quantum-assisted AI, or QAI. PlanQK, which stands for Platform and ... Full article
February 1, 2021
The World Economic Forum (WEF) is joining the expanding global efforts to forge ethical, trusted AI policies and procedures for its use across the enterprise and society. The group is aiming for that goal through the creation of working groups that will seek to close an “implementation gap” between defining ethical standards and actually deploying them in AI-based systems. ... Full article
January 28, 2021
Samsung Electronics is said to be partnering with electric vehicle leader Tesla on a leading-edge 5-nanometer chip design that would serve as the core of an emerging self-driving car capability. According to reports out of South Korea, Samsung (KRX: 005930) is skipping a semiconductor processing node to produce a 5nm automotive chip for Tesla (NASDAQ: TSLA). According to the ... Full article
January 21, 2021
Google’s AI ethics mess continues to spread, with reports this week that the company is investigating a second AI ethicist for scanning company files in search of examples of discriminatory treatment of ousted Google researcher Timnit Gebru. Gebru was forced out of her position on Google’s AI ethics team in December following a dispute over attaching the company’s name ... Full article
January 20, 2021
Kneron Inc., the AI startup specializing in “on-device” edge inferencing applications, has raised additional funding in the form of investments by Taiwanese manufacturing powerhouses Foxconn and Winbond. San Diego-based Kneron said Tuesday (Jan. 20) it will work with Foxconn to develop AI platforms for Industry 4.0 and automotive applications. Foxconn’s MIH electronic vehicle platform will serve as the basis ... Full article
January 19, 2021
Vulnerable to hacking, drones are getting another layer of defense via an AI-based cybersecurity approach that promises to shield the flying edge devices from zero-day attacks. SparkCognition, an industrial AI specialist, said this week the SkyGrid unit it formed with Boeing Co. has developed an AI-based cyber defense for drones that would detect attacks during flights, allowing operators to ... Full article
January 15, 2021
An AI and machine learning “action plan” released this week by the U.S. Food and Drug Administration (FDA) would advance the agency’s monitoring of AI-based medical software which is increasing being seen as virtual medical devices. The proposed regulatory framework focuses on software used in medical devices, including guidance on how to handle software upgrades as algorithms learn over ... Full article

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