December 1st, 2018Beijing-based AI startup Infervision is among a handful of AI companies around the world racing to improve medical imaging analysis through deep learning, the same technology that powers face recognition and autonomous driving.
The startup, which has to date raised $70 million from leading investors like Sequoia Capital China,...
November 28th, 2018The Shanghai municipal government and Chinese technology major Baidu have reportedly signed a strategic cooperation agreement for the purpose of developing artificial intelligence (AI) industry in the city and giving it a boost.
Following the agreement, a Baidu innovation center will be built to make Shanghai a major AI development...
November 15th, 2018The international technology giant Microsoft has reportedly acquired an Austin-based software developer called Xoxco. This acquisition has marked the fourth AI-related company Microsoft has purchased this year.
Founded in 2009, Xoxco has raised $1.5 million. It began working on bots in 2013, and is credited with developing the first...
November 10th, 2018The retail giant Walmart has announced its plans to roll out an Intelligent Retail Lab inside one of its stores in Levittown, New York. The basic ideas behind this is to test both associate and customer experiences.
With this, the company wants to use artificial intelligence to better identify when items are running low on stock so...
October 23rd, 2018The American technology corporation Oracle has announced another acquisition of a startup that has amassed a huge company database called DataFox.
Following this acquisition, the company aims to enhance both the kind of data that it can provide to its business customers and its artificial intelligence capabilities. The acquired...
October 10th, 2018China’s Tencent Holdings is tying up with a technology firm from the United Kingdom called Medopad Ltd to use artificial intelligence for the purpose of improving Parkinson's disease treatment.
The company is collaborating with Medopad to develop a system to remotely monitor patients with severe movement disorder. The company said...
October 9th, 2018Artificial intelligence company Machinify has reportedly raised funds amounting to $10 million in Series A funding round. The round was led by Battery Ventures with participation from GV and Matrix Partners.
Through Machinify, the companies feed the system raw data, specify what they’re trying to optimize for. Based on past...
October 5th, 2018This year Facebook has been dealing with a lot of issues related to security and safety of users. Since then the company has been making efforts to improve its image and come back in the scenario clean and clear.
Celebrating the second anniversary of its ‘Martketplace’, the social media giant has launched new Artificial...
September 15th, 2018Global cab aggregator Uber has announced that it would invest up to $154 million (Can$200 million) over five years for the purpose of expanding its Toronto lab which is concerned with developing artificial intelligence for self-driving cars.
Along with this, the company is planning to open a new engineering office in Canada's...
July 13th, 2018The global technology firm Microsoft has launched fresh artificial intelligence (AI) powered capabilities in its Microsoft 365. This new feature will enable the people in an organization to make live and on-demand events.
With the introduction of this new feature, events can now be seen in real-time or on-demand, with high-definition...
July 11th, 2018The pocket-friendly hospitality chain OYO has announced a new acquisition. The company has taken over an Internet of Things (IoT) technology company known as AblePlus Solutions Pvt. Ltd for an undisclosed amount.
After this acquisition, the hospitality startup will be bringing in IoT into the basic zones of their hotel management...
