Saturday, December 21

Tag: AI

New AI System Can Create 3D Models From Photos
News, Tech

New AI System Can Create 3D Models From Photos

Scientists, including one of Indian origin, have developed a new artificial intelligence software that can create 3D models from two dimensional photographs, an advance that could allow future robots to navigate in the real world. (more…)
In-Video Discovery Pioneer Tagos Announces $5 Million in Series A Funding
FUNDING

In-Video Discovery Pioneer Tagos Announces $5 Million in Series A Funding

Tagos, the leader in AI-driven In-Video discovery today announced a USD 5 million Series A funding with participation from a leading venture capital fund and two large global corporations. The company will use the capital to build upon its early success and market traction. Through this expansion, Tagos expects to demonstrate growth, product innovation, enhance its user community and expand its team. Tagos’ pioneering In-Video platform, Charmboard makes video become a two-way experience, by making it respond to touch. Every touch is bookmarked, deeply categorized and persists outside the video and creates new value for content owners, publishers and viewers. “We have been one of earliest practitioners of computer vision and machine learning at Tagos and between our revolutionary pro...
Niki.ai Raises $2 Million Funding From SAP.iO & Ronnie Screwvala Ventures
FUNDING

Niki.ai Raises $2 Million Funding From SAP.iO & Ronnie Screwvala Ventures

Ratan Tata-backed Niki.Ai today said it has raised USD 2 million (about Rs 13 crore) in funding from San Francisco-based fund SAP.iO. The series A round also saw participation from existing investor Ronnie Screwvala's Unilazer Ventures, Niki.ai said in a statement. The artificial intelligence startup has also received funding from Haresh Chawla (Partner at True North) and Arihant Patni, along with some US and German investors in this round. "Niki.ai has been focused on building the product for the past 2 years. We believe we have the capability to disrupt the AI and bot space," Niki.ai CEO Sachin Jaiswal said. He added that the new capital will be used in further strengthening machine learning capabilities, building voice and multilingual functionalities and expanding distribution ...
Your.MD Closes Funding Round for $10 Million Led by Orkla Ventures
FUNDING

Your.MD Closes Funding Round for $10 Million Led by Orkla Ventures

London based Your.MD, the world's smartest AI health information service, has completed its latest round of funding, having raised $10 million led by Orkla Ventures and with participation from Smedvig Capital AS and other existing shareholders. Orkla is a leading supplier of branded consumer goods to the health, pharmacy, grocery, confectionary, specialised retail and bakery sectors in the Nordics, Baltics and selected markets in Central Europe. The investment will be used to support the growth of Your.MD's health information platform and to consolidate its position at the forefront of Artificial Intelligence (AI) development in the digital health sector. The agreement will also enable expansion of its revolutionary OneStop Health™ platform - a global, AI-powered marketplace of trust...
IFC Invests $3 Million in AI Focused Fund Pi Ventures
FUNDING

IFC Invests $3 Million in AI Focused Fund Pi Ventures

International Finance Corporation (IFC), a part of the World Bank Group, is investing USD 3mn in pi Ventures maiden fund. The amount will be used by the early stage venture fund to invest in companies leveraging technologies such as applied artificial intelligence (AI), machine learning and IoT across a range of sectors, it said in a statement here. IFC is making investments through the IFC Startup Catalyst programme, which aims to build local ecosystems to drive innovation and entrepreneurship. IFC's venture capital investments in India include online grocery major BigBasket, edutech startup Byju's, Portea, a company providing affordable home care and BlackBuck, a leading player in elogistics.
AI System Can Create Fake Videos Using Audio Clips, Images
News

AI System Can Create Fake Videos Using Audio Clips, Images

Oxford scientists have developed a new artificial intelligence system that can create fake videos of a person by using their still image and an audio clip. The system works by first identifying facial features using face-recognition algorithms. As the audio clip plays, the system then manipulates the mouth of the person in the still image so that it looks as if they are speaking. Although the results are not absolutely perfect, researchers believe that the software could soon make realistically fake videos only a single click away. "The application were thinking of is redubbing a video into another language," said Joon Son Chung at University of Oxford in the UK. In the future, the audio from news clips could be automatically translated into another language and the images upda...
Twitter Uses AI Technique Twitter To Show Tweets on Your Timeline
News

Twitter Uses AI Technique Twitter To Show Tweets on Your Timeline

Twitter has started using a trendy type of artificial intelligence to figure out which tweets to show on the timeline of its over 300 million monthly active users. The popular micro-blogging site is evaluating and scoring thousands of tweets per second to determine what is worth recommending on timelines, taking into consideration an increasing number of factors, including whether tweets contain images or videos, the number of retweets and likes, and your previous interactions with other account holders, Twitter software engineers Nicolas Koumchatzky and Anton Andryeyev wrote in a blog post, CNBC news reported. Tech giants like Facebook, Google and Microsoft among others have previously attempted to improve various products using deep learning, a trendy type of artificial intelligenc...
Infosys Launches Infosys Nia- The Next Generation Integrated Artificial Intelligence Platform
News

Infosys Launches Infosys Nia- The Next Generation Integrated Artificial Intelligence Platform

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of Infosys Nia, the next-generation Artificial Intelligence Platform building on the success of the Company's first-generation AI platform, Infosys Mana, and its Robotic Process Automation (RPA) solution, AssistEdge. Together, both these products have amassed 50+ clients and 150+ engagements across all industry sectors, within a year of operations. Infosys Nia converges the big data/analytics, machine learning, knowledge management, infrastructure management services etc. As a unified, flexible, and modular platform, Infosys Nia enables a wide set of industry and function-specific solutions and allows customers to build custom experiences to suit their business needs....
Bengaluru Based Virtual Reality Startup Absentia Raises Rs 8 Crore
FUNDING

Bengaluru Based Virtual Reality Startup Absentia Raises Rs 8 Crore

Absentia, a bengaluru based virtual reality startup raised Rs 8 crore in a pre-series-A round. Investors like Exfinity Venture Partners, former Infosys executives V Balakrishnan and Mohandas Pai, Deepak Ghaisas and Girish Paranjpe participated in the round of funding. The company will use this fund to build Norah AI, an artificial intelligence engine that can create interactive content for games with minimal human intervention. According to the company,  AI can create a completely new set of interactive content for arcade games, casual games, puzzles, animation and graphics.Norah. “With Norah AI, we are aiming to become the world's first auto content-generation company with a focus on the media and entertainment segment. Over the past few months, the team has been successful ...
Samsung Debuts Galaxy S8 with Bixby AI Assistant Amid Market Leadership Battle
Tech

Samsung Debuts Galaxy S8 with Bixby AI Assistant Amid Market Leadership Battle

Samsung Electronics unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple after the embarrassing withdrawal of the fire-prone Note 7s. Boasting some of the largest wrap-around screens ever made, the long-awaited S8 is the South Korean technology company's first new premium phone since its September recall of all Galaxy Note 7 smartphones equipped with fire-prone batteries. Samsung halted their sales in 10 markets, and the phones were banned from aircraft in the United States, denting a revival of the firm's mobile business. Two versions of the Galaxy S8, code-named Dream internally, were launched at a media event in New York on Wednesday, with 6.2-inch (15.75 cm) and 5.8-inch curved screens - the largest to date for Samsung's premiu...
MIT Pune, IBM Unveil Robot Chintu
News

MIT Pune, IBM Unveil Robot Chintu

The students of Maharashtra Institute of Technology (MIT) Pune and technology giant IBM have developed a robot, Chintu, which would assist senior citizens in their everyday tasks. Chintu, under 2ft tall robot, was developed after MIT Pune received a grant of Rs 10 lakh last year from IBM. It is powered by the US-based companys cognitive assistant, IBM Watson. Chintu can move his hands and read books to an audience. "Drawing from Watsons domain knowledge, Chintu will assist senior citizens in conducting everyday tasks such as reading the newspaper/book and generate reminders on their daily medication," Professor and Head of Computer Engineering Department at MIT Pune, Vrushali Kulkarni, told Pixr8. She added that the students have been working on the project for the past few months. Wh...
Tech Mahindra Set Up Future Lab in Bengaluru For AI, AR and Manufacturing Design
News

Tech Mahindra Set Up Future Lab in Bengaluru For AI, AR and Manufacturing Design

Tech Mahindra today announced that it has set up a "state-of-the-art" lab at its campus here, which works on technologies that are expected to power the future factory floors. Known as the "Factory of the Future" lab, the new centre showcases assets and solutions in the areas of Digital Manufacturing, Connected Machines, Addictive Manufacturing, Robotics & Automation, Artificial Intelligence & Analytics, and Augmented Reality & Virtual Reality, the company said in a statement here. It also said the lab will demonstrate solutions and products built in association with many leading software and hardware vendors, adding that it is built in modular form to showcase Industry 4.0 concepts that are central to be able to help building the digital backbone of client organisations. It makes ...