Bottom Line: The most urgent talent management issue every business is facing today is how to improve Diversity and Inclusion (DI) by reducing the potential of bias and evaluating candidates on capabilities first. Organizations need to focus more on using AI and machine learning techniques to identify, recruit, and hire candidates based on their capabilities while removing as many potential bias triggers as possible. Businesses that are making DI an integral part of their companies are experiencing an 83% improvement in their ability to innovate, a 42% increase in team collaboration effectiveness, and a 31% improvement in customer responsiveness, according to Deloitte. A study by the American Sociological Association found that companies with the highest levels of racial diversity attain 15 times the sales revenues of those organizations with the lowest levels. McKinsey found that excelling at DI is directly related to higher profitability and value creation.

Arturo, Inc. –Arturo is a deep learning spin-out from American Family Insurance focused on delivering highly accurate measurement and predictive data for the Property & Casualty (P&C) Insurance, Reinsurance, REIT, and PERE markets. The company is headquartered in Chicago, IL, and has representation across North America to support both the Insurance and Re-Insurance Industry. Arturo has recently added to its locations a presence in Ottawa, Canada. Arturo, Inc. has raised a total of $8M in funding over two rounds. Their latest funding was raised on Apr 7, 2020, from a Series A round.

AI.Reverie - AI.Reverie is a simulation platform that trains AI to understand the world. They offer a suite of synthetic data and vision APIs to help businesses across different industries train their machine learning algorithms and improve their AI accuracy and repeatability. Key industries AI.Reverie has solutions for including Agriculture, Industrial, including managing construction sites, Smart Cities, and Smart Homes. AI.Reverie has raised a total of $5.6M in funding over three rounds. Their latest funding was raised on Apr 14, 2020.

It's time for AI startups to step up and use their formidable technology expertise in AI to help get ... [ ] more Americans back to work now. Bottom Line: A.I.'s ability to predict and recommend job matches will help get more Americans back to work, helping to reduce the 16.8 million unemployed today. One in ten Americans is out of work today based latest U.S. Department of Labor data. They're primarily from the travel and hospitality, food services, and retail trade and manufacturing industries, with many other affected sectors. McKinsey & Company's recent article, A new AI-powered network, is helping workers displaced by the coronavirus crisis provides context around the scope of challenges involved in closing the unemployment gap.