Tuesday, July 23, 2019

Chinese AI Start-up Megvii Raises $750 Million Ahead of Planned HK IPO

Chinese artificial intelligence (AI) provider Megvii Technology Ltd, commonly known as Face++, said on Wednesday it raised $750 million in its latest funding round. The funding raises start-up Megvii’s valuation to slightly over $4 billion...

Meet OilX – Startup Using AI to Transform the Oil Trade

Artificial intelligence has been making inroads into the oil and gas industry for a while now after the industry realized all the benefits it could reap from the deployment of these technologies. Now, it...

Warner Music Group Makes Record Deal with an Algorithm

One of the newest additions to the group of artists working with Warner Music Group — taking a spot alongside names like Ed Sheeran, Madonna, Coldplay and Camilla Cabello — is a bundle of...

Determined AI Announces the Future of AI Infrastructure

By Neil Conway, Evan Sparks, and Ameet Talwalkar of Determined AI We are entering the golden age of artificial intelligence. Model-driven, statistical AI has already been responsible for breakthroughs on applications such as computer vision,...

Determined AI Envisions AI-Native Infrastructure

By AI Trends Staff Determined AI officially launched this week, announcing the company with a blog post written by Neil Conway (CTO), Evan Sparks (CEO), and Ameet Talwalkar (Chief Scientist). The company plans to build...

Here Are 50 Women-Led Startups That Are Crushing Tech

Every year we talk about how this will be the Year of the Woman because of the incredible advances women are making. There's no doubt that 2019 will go down in history as the first time...

The AI Market Is Growing, But How Quickly Is Tough To Pin Down

If you work in tech, you’ve heard about artificial intelligence: how it’s going to replace us, whether it’s over-hyped or not, and which nations will leverage it to prevent, or instigate, war. At Crunchbase News, however, our editorial bent...

Factoring in Data Costs for Your AI Startup

By Ivy Nguyen, Zetta Venture Partners Data gives AI startups a defensive moat: The more data the startup collects to train an AI model, the better that model will perform, making it difficult for a...

Woebot is the World’s First Mental Health Chatbot

Working 24 hours a day, 365 days a year across more than 130 countries, Woebot is undoubtedly a busy therapeutic chatbot. The good news is that Woebot recently secured $8 million to gain access to mental...

Why an AI Pioneer Ditched Silicon Valley for Beijing

Mo Zhang is revolutionizing the path from seeing a product to buying it. Say you’re watching a program on a smart TV or another device, and you like an outfit being worn by a...






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