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Lightmatter aims to reinvent AI-specific chips with photonic computing and $11M in funding

It takes an immense amount of processing power to create and operate the “AI” features we all use so often, from playlist generation to voice recognition. Lightmatter is a startup that is looking to change the way all that computation is done — and not in a small way. The

Andrew Ng officially launches his $175M AI Fund

As the founder of the Google Brain deep learning project and co-founder of Coursera, Andrew Ng was one of the most recognizable names in the machine learning community when he became Baidu’s chief scientist in 2014. He left there in early 2017 and quickly launched a number of new AI

Nexar gets $30M Series B for its AI-based road safety dashcams and network

Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow

Element AI opens London outpost with focus on ‘AI for good’

Element AI — which last year raised $102 million to build an incubator-meets-consultancy to work with multiple businesses as they launch new services and systems based on artificial intelligence — is entering the next phase of its growth this week. The Canadian startup — co-founded by Jean-François Gagné, Nicolas Chapados, and Yoshua Bengio

Meet top startups from Alchemist Class 17

Yesterday Alchemist Accelerator, best known for working with enterprise startups, held its 17th demo day at the Stanford Research Institute (SRI) in Menlo Park, California. Twenty-four startups pitched ideas ranging from personalized genomics to hard tech spinouts from Stanford’s Linear Accelerator.  Rather than expound upon all twenty-four I worked with Alchemist

AI voice assistant developer Rokid raises $100M Series B extension to build its US presence

Rokid founder and CEO Mingming Zhu Rokid, a Chinese startup that makes an AI voice assistant and smart devices, just raised a Series B extension round led by Temasek Holdings, with participation from Credit Suisse, IDG Capital and CDIB Capital. The size of the round was not released, but a source

LG has come up with a surprisingly interesting way to apply AI to TV

Generally speaking, at CES and elsewhere, when a company says something is powered by AI, they’re blowing smoke. And while smoke was definitely blown at LG’s otherwise unremarkable press conference this morning, the company also announced it was applying AI in a way that’s both unexpected and smart: intelligently enhancing

Google launches smart displays with JBL, Lenovo, LG and Sony

For the longest time, we’ve been waiting for Google to bring its Assistant to devices with a screen. After all, voice assistants are great — until you need some visual information to go with their answers. To address this, Amazon launched the Echo Show and Spot last year and now

Inside ‘Fin,’ the elite human/AI assistant

“I have FOMO for the future”, says Sam Lessin. That’s why his startup, Fin, is working backwards from a far-off tech utopia. One day, computers with some human help will answer our every beck and call. Today, Lessin is teaming them up. Every day, Fin gets smarter. For $1 a minute,

Finnish autonomous car goes for a leisurely cruise in the driving snow

It’s one thing for an autonomous car to strut its stuff on a smooth, warm California tarmac, and quite another to do so on the frozen winter mix of northern Finland. Martti, a self-driving vehicle system homegrown in Finland, demonstrated just this in a record-setting drive along a treacherous (to

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