Altoida Inc. today announced a $6.3 million round of venture capital financing to bring its FDA-cleared and CE Mark-approved medical device and brain health data platform to patients, physicians and researchers around the globe. Led by a team of esteemed neuroscientists, physicians and computer scientists, Altoida uses digital biomarkers to drive better clinical outcomes for brain disease. The Series A round was led by M Ventures, the corporate venture capital arm of the science and technology company Merck KGaA, Darmstadt, Germany, with participation from Grey Sky Venture Partners, VI Partners AG, Alpana Ventures, and FYRFLY Venture Partners. The new capital will be used to further expand Altoida's global presence with an immediate focus on commercialization activities in the US and EU markets. "Altoida is at the forefront of a new era to leverage Artificial Intelligence and Machine Learning to assess brain health," said Alexander Hoffmann, Principal, New Businesses at M Ventures.

BOSTON--(BUSINESS WIRE)--Today, Neurala, the leader in vision AI software, announced that it has raised $12 million in funding to advance the development of vision AI for manufacturing. The round, led by Zebra Ventures and Pelion Venture Partners, with participation from Draper Associates, Friulia, AddValue, 360 Capital Partners, Idinvest Partners, Cougar Capital, and industrial investors IMA and Antares Vision, brings the total invested in Neurala to $26 million. The funding will enable Neurala to evolve and accelerate adoption of its vision AI in the industrial and manufacturing sectors on a global scale, as manufacturers increasingly prioritize automation as part of Industry 4.0 initiatives. Neurala is a pioneer in vision AI for manufacturing. Built on the company's deep AI expertise, Neurala's VIA software delivers an integrated solution designed to help manufacturers improve quality inspection on the production line.

Starting with a strong quantitative background is often extremely helpful: a good intuition for mathematics and statistics is invaluable for practitioners working in AI. Those with strong core skills in these areas often find it much easier to stay ahead of innovations and build a career in this fast-paced sector. As Koushik Kulkarni (Head of AI Engineering at Peak) says, "If you try and foster some core skills in mathematics and statistics, with a bit of computer science on the side, it should make it easier for you to start your journey as an AI software engineer."

Honda Motor Co. long eschewed big strategic alliances, preferring to go it alone even as many of its carmaking peers banded together to improve economies of scale. That's changing now that the Japanese automaker is shifting more aggressively to electric vehicles. "It will be extremely risky for Honda to push the move alone," Chief Executive Officer Toshihiro Mibe said in an interview Tuesday. "It's meaningful to form alliances, mass-produce and lower costs to make our business sustainable." As the world's largest manufacturer of engines, Honda is uniquely exposed to risks posed by combustion falling out of favor around the globe.

Mobile video games will be the focus of the Netflix's video game initiative. These future mobile games will be included in members' subscriptions at no additional cost, the Los Gatos, California-based streaming TV provider company said in its second quarter 2021 shareholder letter Tuesday. "We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV," the company said. "We're excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games. Netflix:The 50 best TV shows to watch right now: 'Never Have I Ever' Season 2 in July Streaming TV:Can you have too much of a good thing? Netflix last week hired video game executive Mike Verdu as its vice president of game development. He had previously been at Facebook-owned VR company Oculus, where he oversaw games. Prior to that, he had worked at Electronic Arts and Zynga. The company is in "the early stages of further expanding into games, building on our earlier efforts around interactivity," Netflix said, noting its Black Mirror Bandersnatch "choose your own adventure" film and "Stranger Things" video games. This news about video games comes as Netflix sees its growth slowing. Worldwide, Netflix added 1.5 million new subscribers in the April-June period, beating their own 1.2M forecast. But the net TV provider lost 430,000 subscribers in the U.S. and Canada during the period. In the same period a year ago, Netflix added 10 million new global subscribers with about 2.9 million new additions from the U.S. and Canada. And the company's forecast of 3.5 million new subscribers expected for the current quarter (July-Sept.) is below what analysts hoped (5 million or more). "The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID," the company said. Netflix shares were down 1% in after-hours trading. As for growing competition in the streaming market, Netflix pointed to the Warner Media-Discovery merger and Amazon's acquisition of studio MGM of "the ongoing industry consolidation as firms adapt to a world where streaming supplants linear TV." Such consolidation not affected Netflix's growth "much, if at all," the company said. "While we are continually evaluating opportunities, we don't view any assets as "must-have" and we haven't yet found any large scale ones to be sufficiently compelling to act upon.

HONG KONG, June 30, 2021 (GLOBE NEWSWIRE) -- MobiusTrend, the fintech market research organization, recently released a research report "AIoT, A Popular Technology, Is Entering a Period of Rapid Development". In recent years, AIoT has gradually become well known. AIoT, namely AI IoT, means the combination of AI and IoT. IoT collects the underlying data and AI processes and analyzes the data, so the two technologies promote each other to form a new fusion discipline. In fact, AIoT greatly empowers the real economy.

WASHINGTON - Portuguese-born Daniela Braga, founder of DefinedCrowd, a Seattle-based startup that specializes in artificial intelligence, is among the 12 members who will make up Biden administration's National Artificial Intelligence (AI) Research Resource Task Force. Announced on June 10, the new task force "will write the road map for expanding access to critical resources and educational tools that will spur AI innovation and economic prosperity nationwide," according to a White House press release. Braga, who moved to the United States in 2012 and founded DefinedCrowd three years later, said she was "truly honored and humbled" by this appointment. "The Task Force will provide recommendations for establishing and sustaining the NAIRR (National AI Research Resource), including technical capabilities, governance, administration, and assessment, as well as requirements for security, privacy, civil rights, and civil liberties," she posted to her LinkedIn account. "This is another step to have our country continuing to lead AI in the world in an ethic and unbias fashion."

Evolving customer expectations and business needs have fueled a digital transformation in China, marked by the integration of cloud computing and artificial intelligence ("AI") into companies' operations. "To survive in this new world, businesses must learn to observe, think, and operate differently," reads Deloitte China's webpage about digital transformation (https://nnw.fm/8rH63). "Digital transformation, the cross-disciplinary power comprising digital, analytics, cloud, cybersecurity, and regulatory compliance, is about embracing digital disruption and unlocking exponential value." Interestingly, Infobird Software (NASDAQ: IFBD), a Software-as-a-Service (SaaS) company offering AI-enabled end-to-end customer engagement solutions in China, has packaged the aspects of digital transformation mentioned above, i.e., cloud computing, analytics, cybersecurity, and digital, into its robust proprietary solutions and is using them to help companies around China adapt to the changing times and transform digitally. IFBD's customer engagement solutions, which integrate the needs of both the customers and the businesses into a single platform, stimulate companies' market performance and growth and enable them to improve their infrastructure.

Alliant, The Audience Company, announced a partnership with Eyeota, the leading data partner to global enterprises, giving Eyeota access to a brand-new set of Alliant's industry leading Brand Propensity audiences. Through the partnership Eyeota will be the exclusive data exchange partner for new audiences covering the gaming and insurance categories. Marketing Technology News: MarTech Interview with Anu Shukla, Co-founder & Executive Chairwoman at Botco.ai These insurance and gaming audiences are part of a larger set of 350 new Brand Propensity audiences that Alliant is launching simultaneously. These new audiences are unique in that they are modeled from credit card and bank card transactional data from over 50 financial institutions, ensuring that the insights are based on real-world purchasing behavior.

New Delhi, July 15, 2021: CarDekho Group, India's leading auto-tech company, has launched an online hassle-free pre-owned car retailing service. This new service offers an AL/ ML driven end-to-end digital car discovery and buying experience to customers. Customers can now search more than 5,000 certified used cars according to their preferred manufacturer, model, variants, manufacturing year, kms driven, budget, etcand buy their desired car from the CarDekho platform at the click of a button. CarDekho offers'No Questions Asked' 7days money-back guarantee where customers can test-own the car for 7 days, and get 100 percent refund if not satisfied. CarDekho also offers 6 months comprehensive warranty and Pan India Roadside assistance (RSA) to the customers.