Ng announced Tuesday that he raised money from venture capital firms New Enterprise Associates, Sequoia Capital and Greylock Partners as well as SoftBank Group Corp. Under Ng, Baidu released a voice-based operating system that users can talk to - much like Amazon's Alexa voice assistant or Apple's Siri - and also started working on self-driving cars and face recognition technology to open things like transit turnstiles when users approach. I think it's a more systematic, repeatable process than most people think," said Ng, who also taught artificial intelligence courses at Stanford University. The first company to receive money from the fund will be Landing.ai,
In a bid to boost its prospects in the world of artificial intelligence (AI), Apple has acquired Israel-based startup RealFace that develops deep learning-based face authentication technology, media reported on Monday. Reported by Calcalist, the acquisition is to be worth roughly $2 million (roughly Rs. 13.39 crores). A Times of Israel report cites Startup Nation Central to note RealFace had raised $1 million in funding thus far, employed about 10 people, and had sales operations China, Europe, Israel, and the US. Set up in 2014 by Adi Eckhouse Barzilai and Aviv Mader, RealFace has developed a facial recognition software that offers users a smart biometric login, aiming to make passwords redundant when accessing mobile devices or PCs. The firm's first app - Pickeez - selects the best photos from the user's album.
"At Altek, we are constantly striving to enhance our digital image solutions and set the direction for the future of smarter imaging devices," said Jason Lin, General Manager and Corporate Senior Vice President of Altek. "CEVA's imaging and vision DSP provides the platform which allows us to further enhance the image quality of our solutions and push the boundaries of what a camera can do using artificial intelligence and advanced vision algorithms." "Altek is a proven leader in imaging, with a strong track record in the smartphone space and we are excited to work with them," said, Ilan Yona, vice president and general manager of CEVA's Vision Business Unit. "The combination of Altek's advanced imaging technologies along with our DSP-based vision and machine learning offering creates one of the most intelligent digital imaging solutions on the market today." CEVA's latest generation imaging and vision DSP platforms address the extreme processing requirements and low power constraints of the most sophisticated machine learning and machine vision applications used in smartphones, surveillance, augmented reality, sense and avoid drones and self-driving cars.
IT services provider Infosys on Thursday announced the launch of Infosys Nia, the next-generation Artificial Intelligence (AI) platform building on the success of the Company's first-generation AI platform, Infosys Mana, and its Robotic Process Automation (RPA) solution, AssistEdge. The new platform converges the big data/analytics, machine learning, knowledge management, and cognitive automation capabilities of Mana; end-to-end RPA capabilities of AssistEdge; advanced, high-performance and scalable machine learning capabilities of Skytree; and optical character recognition (OCR), natural language processing (NLP) capabilities and infrastructure management services. "We have seen tremendous adoption, and indeed, a massive embrace of Mana by our clients, particularly in leveraging Mana to improve service delivery and drive efficiencies and cost performance through automation. But we could clearly see that there was much more potential, an unlimited potential, in bringing AI to our clients' most sophisticated and complex business problems, as they work toward a vision of bringing technology to every aspect of their businesses," said Dr. Vishal Sikka, Chief Executive Officer, Infosys. "Nia, the next generation of our AI platform now takes our purposeful approach to AI, one in which technology serves to amplify people and empowers them to work in new ways, to new heights.
Facebook has snapped up a facial recognition startup to help it win the war it waged against Snapchat. The social network has acquired FacioMetrics, a Carnegie Mellon University spinoff that developed a few face detection apps, including one that can recognize seven different emotions in human faces. Those applications are no longer available in any app store. A Facebook spokesperson told TechCrunch that the company plans to use the startup's technology to enhance its Snapchat-like AR filters for Facebook videos and Live broadcasts. It could lead to new AR masks, new special effects and even new ways to trigger their animations.