After several decades in the doldrums, AI is experiencing quite a renaissance. In recent years, amazing progress has been made using so-called deep learning, training algorithms with large amounts of data so that they can recognize subtle patterns. Such approaches have enabled computers to recognize faces in an image or the text of speech, often with eerily human accuracy.
MedyMatch Technology bills itself as an artificial intelligence healthcare startup. It’s applying AI in the form of “deep vision and advanced cognitive analytics” to the analysis of medical imaging scans to help radiologists or emergency department physicians recognise hard to spot abnormalities and in turn make better decisions.
To further develop and market its tech, the Tel Aviv and Boston-based company has raised a $2 million seed round from several private and institutional investors. These include Genesis Capital Advisors, and Exigent Alternative Capital.
Diffbot, an artificial intelligence company that helps clients extract and combine data from multiple Web sources, announced today it raised $10 million from investors including Tencent and Felicis Ventures to expand its “knowledge-as-a-service” offerings to businesses and consumer apps.
Advancements in AI were recently spotlighted by AlphaGo, a computer program developed by Google’s DeepMind team. The program — which relies on decision-making algorithms and neural networks — defeated a human European champion at the board game Go in a feat previously believed to be years away.
On the investor side, Jim Breyer of Breyer Capital has said AI will deliver massive returns for investors betting on applications for industries including healthcare and entertainment.
Uno de los puntos fuertes de DLD es que, por su proximidad a Davos, acuden a esta conferencia algunos de los gurús que después se van a Suiza a predecir el futuro. Este año había unos cuantos platos fuertes en este ámbito, como Jeremy Rifkin y Albert Wenger, que coincidieron en muchas cosas en torno al futuro del trabajo. Veamos.
According to researchers, 2016 will be the year of AI. Believed to be replacing the screen age as one of the “hot consumer trends,” the latest in AI allows for much more than robots, personal assistants, and self-driving cars.
Facebook recently announced that the company is open-sourcing its Big Sur servers designed for deep learning (i.e. voice, image, and language recognition). The move comes as no surprise. Google, IBM, and Microsoft already took decisive steps towards opening their AI technologies earlier this year.
Artificial intelligence is one of the most exciting and transformative opportunities of our time. From my vantage point as a venture investor at Playfair Capital, where I focus on investing and building community around AI, I see this as a great time for investors to help build companies in this space. There are three key reasons.
Osaro, an early-stage artificial intelligence startup, is announcing today a new seed round totaling $3.3 million. The startup is boasting a few high-profile investors: Peter Thiel, Scott Banister, and AME Cloud Ventures.
During which season of the year would a rabbit’s fur be thickest? A computer program called Aristo can tell you because it read about bears growing thicker pelts during winter in a fourth grade study guide, and knows rabbits are mammals, too. It’s studying for New York State’s standard science exams.