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Deci Raises $9.1M in Seed Funding to Build AI that Crafts Next Generation of AI – IAM Network

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Deci, the deep learning company dedicated to transforming the AI lifecycle, today announced it has raised $9.1 million in a seed round led by Israel-based VC firm Emerge and global VC fund Square Peg. The company is building an AI-based platform that can automatically craft robust, scalable, and efficient deep neural network solutions ready for production at scale. Deci aims to help AI practitioners build the next generation of deep learning models. Advancements in AI, mainly powered by deep learning, have triggered groundbreaking innovations in medicine, manufacturing, transportation, communication, and retail. But, prolonged development cycles, high computing costs, and unsatisfying inference performance are making it nearly impossible for enterprises to productize AI.


To Do Politics or Not Do Politics? Tech Start-Ups Are Divided

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"I have never seen another instance like this in my career," said Bradley Tusk, a venture capitalist and political consultant. It has permeated absolutely everything." Silicon Valley tech workers have long been regarded as liberal but not politically overactive. After President Trump's victory in 2016, however, workers at large tech companies such as Google and Amazon began agitating more on issues like the ethics of artificial intelligence, immigration and climate change. Now many start-up workers, who have been sold on a mission of changing the world, expect their employers to support their social and political causes, entrepreneurs and investors said.


Whisper gets $ 50M For Its AI-Powered Hearing Aids - DailyAlts

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San Francisco-based Whisper, which launched in 2017, announced Thursday its flagship Whisper Hearing System. The innovative hearing aid comes with its own'brain' unit, which contains the companies proprietary Sound Separation Engine. This engine optimizes the nearby sounds and transmits them to the earpieces worn by the consumer. An accompanying mobile app ensures that software upgrades are implemented in the system. The user can also use the app to modulate the hearing aid system from the phone.


Dataloop Drives Labeling Into the DataOps Pipeline

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Data is the fuel for machine learning, but the data needs to be accurately labeled for the machines to learn. To that end, data training startup Dataloop yesterday unveiled that it's received $11 million in Series A funding to build SaaS data pipelines that combine human supervision of the data annotation process, along with data management capabilities. Today's computer vision models are extremely powerful, and the ones based on deep learning approaches can exceed human capabilities. From self-driving cars navigating in the world to programs that can accurate diagnose diseases in MRI images, the potential uses for Ais built upon convolutional neural networks are astonishingly wide. However, there's a catch (there always is).


Global Big Data Conference

#artificialintelligence

Data is the fuel for machine learning, but the data needs to be accurately labeled for the machines to learn. To that end, data training startup Dataloop yesterday unveiled that it's received $11 million in Series A funding to build SaaS data pipelines that combine human supervision of the data annotation process, along with data management capabilities. Today's computer vision models are extremely powerful, and the ones based on deep learning approaches can exceed human capabilities. From self-driving cars navigating in the world to programs that can accurate diagnose diseases in MRI images, the potential uses for Ais built upon convolutional neural networks are astonishingly wide. However, there's a catch (there always is).


Dataloop raises $16 million for data annotation tools

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AI data management and annotation startup Dataloop today announced that it raised $16 million in funding, a combination of an $11 million series A round and a previously undisclosed $5 million seed round. A spokesperson says the funds will enable Dataloop to increase its recruitment efforts and grow its presence in the U.S. and Europe. Training AI and machine learning algorithms requires plenty of annotated data. But data rarely comes with annotations. The bulk of the work often falls to human labelers, whose efforts tend to be expensive, imperfect, and slow. Dataloop claims to solve the annotation challenge with a platform for automating data prep and data operations.


AI in the Banking sector and Capital markets

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AI is transforming the financial ecosystem. AI-powered tools enable cost optimization through the automation of support functions. Their ability to model complex probabilistic systems can indeed be the strongest value creator for the industries concentrated on the management of financial risks. ML can help financial institutions to identify the information asymmetries and generate insights to create value for them and customers. By leveraging the power of AI tools, they can reimagine their core business processes through the optimization of decision-making and analytics capabilities.


Top Artificial Intelligence Investments and Funding In October 2020

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AI is one of the hottest sectors, with its technology promising to revolutionize and automate every industry imaginable. Even AI-enabled applications can bring the next major disruption within enterprise software. While AI is still in its early stage, people across the globe are interacting with it either directly or indirectly on a daily basis via virtual assistants, facial-recognition technology, gaming platforms, chatbots, mapping applications, and a host of other software. As developments in AI accelerate, companies are looking to expand their offerings by attracting investments or series funding. Hence, this makes a perfect time for startups to find investors to further their projects and plans.


Seed Funding And Angel Investment Opportunities For TeleLaw Project – Techno Legal Tele Law And E-Lawyering Services By PTLB

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We feel overwhelmed and speechless with the response that we have received for our TeleLaw Project from national and international stakeholders. Whether they are our collaborators or tech solutions providers or fund providers, everybody has been very generous to us. It is amazing how national and international stakeholders can group together to create wonderful products and services. Both LinkedIn and Twitter played a major role in forming a team of like minded people from around the globe within few days of interaction. While seeking like minded team and investors for our TeleLaw Project, we came across wonderful people who are an ocean of knowledge in their respective fields.


Sharp Venture Capitalists Make Remarkable Inroads With Alternative Data

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The University of Hawaii reports that big data is shaking up the venture capital industry in unbelievable ways. Venture capitalists are finding new ways to leverage alternative data effectively for much higher yields. Big data plays a role in shifting the risk-reward calculus in the favor of venture capitalists. Venture capital is a high risk, high reward game. To put it into perspective, 90% of new startups fail, which means that investors can lose a lot of money while hunting the potential "unicorns."