Press Release
Veritone Wins 2021 Artificial Intelligence Excellence Award for Second Consecutive Year
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), the creator of the world's first operating system for artificial intelligence, aiWARE, today announced that Business Intelligence Group has named Veritone as a winner in the 2021 Artificial Intelligence Excellence Awards for its patented suite of real-time AI-powered Veritone Energy Solutions. Launched in the fall of 2020, Veritone's energy solutions optimize smart grid energy distribution by continuously knowing how much of what type of energy to deliver where, providing grid resilience and autonomous microgrid management when portions of the grid fail, and optimal economic dispatch during normal operations. The solutions deliver supply/demand forecasting, energy smoothing and optimization, DER synchronization and predictive control, energy arbitrage, and smart grid simulation. The solutions collect current weather forecast data, energy demand, and pricing data, and detect the current state and capacity of all energy devices, to intelligently determine the ideal energy supply mix and pricing to meet grid demand, in real time. Utilities and developers can now deliver profitable renewable energy with unparalleled grid efficiency and resiliency.
Dashlane Unveils Password Changer 2.0 and New Autofill Engine Powered by Machine Learning
Weak, stolen, or reused passwords are the #1 cause of data breaches and hacks. This is why it's essential for people and businesses to have a different password for every account--ensuring if one is breached other accounts remain secure. Yet research shows that password reuse is real; a recent Verizon study revealed nearly 70% of people admitted to reusing passwords. Password Changer seamlessly logs users into compatible websites, generates strong, unique passwords, then changes the passwords for those sites on the user's behalf in one-click. Now, Password Changer has been rebuilt from the ground up to improve its reliability and website coverage.
Segmint Launches Unparalleled Artificial Intelligence (AI) Predictive Modeling Platform to Drive Strategic Decision Making
Cuyahoga Falls, Ohio, May 13, 2021 (GLOBE NEWSWIRE) -- Bespoke AI-driven predictive models have traditionally been expensive and normally have taken months to create and deploy, making them the exclusive domain of only the largest financial institutions. Community banks and credit unions have been at a major competitive disadvantage in using predictive analytics and AI to drive business decisions. Segmint, the global leader in transaction cleansing and analytics for financial institutions, announced the launch of its industry leading AI Platform, a cloud-based and always-on predictive modeling engine which can build and deploy custom predictive models for any financial institution within two weeks. Segmint's AI Platform delivers predictive models at incredible speed and scale, using insights that describe the full universe of customer data. The AI Platform boasts seamless data integration with multiple cores where data flows into the models on a daily basis, continuously updating the insights.
Think tank urges healthcare providers to invest more in AI and tech post-pandemic
European network of health innovators, EIT Health has today launched an AI report from its Think Tank, outlining the need for a post-pandemic technological transformation to strengthen EU health systems over the next decade. The'Healthcare Workforce and Organisational Transformation with AI' report identifies key focus areas that need to be addressed at an EU and national level, during the COVID-19 pandemic, in order to maximise the potential of AI and technology in healthcare. As life expectancy increases, healthcare systems face increasing demand, with patients having more complex needs, costs rising and the workforce struggling to meet demand. EIT Health predicts that without major structural and transformational change, healthcare systems will become unsustainable, and the European vision of universal healthcare will be threatened. Key recommendations from the report include improving collaboration and exchange of best practice across the EU, building on existing networks and infrastructures to support AI integration, improving education and skills, and developing value-based financial models that incorporates AI.
Cyclica Teams Up with Top-Tier Academic Institutions to Identify a Repurposed Drug for COVID -- Cyclica New 2021
With Canadian infection rates recently breaking the 1 million mark and deaths topping 23,000 and counting, and the global infection rate reaching 132 million, with nearly 3 million deaths to date, intervention is critical. "By targeting human proteins necessary for the coronavirus lifecycle, we are developing therapeutic strategies applicable to future strains or variants" said Dr. Bo Wang of the Vector Institute. "Unlike high throughput screens, accurate AI predictions aimed at specific human-based, antiviral targets provided us with a risk-adjusted strategy to search for drug-repurposing opportunities using scientifically accurate experiments with high biological relevance." The discovery of capmatinib's antiviral activity is a shining example of the power of collaborative research programs. The Vector Institute team's graph convolutional network (GCN) identified possible human targets relevant to COVID-19, which fed directly into Cyclica's PolypharmDB - a database for finding repurposing opportunities, generated using Cyclica's deep learning approach MatchMaker.
VW will start testing its Argo AI-powered self-driving vans in Germany this summer
Volkswagen will start testing its new autonomous vehicles in Germany this summer, the company announced Wednesday. The German automaker's electric ID Buzz vans will use hardware and software developed by Argo AI, a Pittsburgh-based startup that is backed by Ford and VW. The aim is to launch a commercial delivery and micro-transit service in Germany by 2025. Executives from VW and Argo convened a press conference this week to provide an update on their partnership, which was first announced in 2019 as an extension of VW's "global alliance" with Ford. And while much of what they discussed was already known, it did provide a closer look at the timeline for launching a revenue-generating service using VW's vehicles and Argo's autonomous technology.
Hot Startups : Latest News And Updates On Daily Roundup
AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence, Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives. Unisys Corporation announced it has been named a leader in the NelsonHall Evaluation & Assessment Tool (NEAT) on Cognitive and Self-Healing IT Infrastructure Management Services, which cites companies' increasing focus on utilizing artificial intelligence (AI) and automation to deliver value across every business function.
CB Insights Invites Fractal to speak at its Tech Market event for P&C Insurance
Fractal's Computer Vision solution for Underwriting & Claims selected as one of the top solutions to be presented at the event to be attended by more than 400 P&C Execs Fractal's Chief Practice Officer for Insurance and Technology, Sankar Narayanan, will be speaking at "Tech Showcase: Computer Vision for Underwriting & Claims". The event will bring together over 400 top executives and insiders for discussions and presentations on some of the most pressing needs and innovative solutions. The talk will feature Fractal's Image and Video Analytics (IVA) solution and demonstrate how it enables #betterdecisions for P&C Insurers. IVA is Fractal's deep-learning based solution that is used by insurers to analyze images/videos/complex documents at scale, during underwriting and claims stages. During underwriting, it is used to assess value and estimate coverage with precision and during claims it is used to assess severity and estimate settlement amount, at speed.
How many neurons for a neural network?
A neural network is a particular model that tries to catch the correlation between the features and the target transforming the dataset according to a layer of neurons. There are several books that have been written around neural networks and it's not in the scope of this article to give you a complete overview of this kind of model. Let me just say that a neural network is made by some layers of neurons. Each neuron gets some inputs, transforms them and returns an output. The output of a neuron can become the input of the neurons of the next layer and so on, building more and more complex architectures.
At Think conference, IBM puts AI and hybrid cloud to work - SiliconANGLE
IBM Corp. is pushing the envelope on hybrid cloud and artificial intelligence with a number of key announcements early Tuesday ahead of its Think 2021 event, chiefly aimed at accelerating its customer's digital transformation strategies. One of the main highlights of today's announcements is a new Auto SQL capability within IBM's Cloud Pak for Data offering that automates data access and management without needing to move it first. The company also unveiled a new, AI-based tool for modernizing applications and workloads to run in hybrid cloud environments, plus new AI capabilities in Watson and advancements that should help to scale up quantum computing to more use cases. Available Tuesday, the new AutoSQL capability for IBM Cloud Pak for Data is a big deal because it enables companies to automate access, integration and management of their data no matter where it resides, the company said. IBM said it's addressing one of the most critical pain points customers face as they attempt to reduce the complexity of curating data for AI.