Thursday, March 28

Tag: InShorts

Inshorts Launches AI Based News Summarization on its App
Tech

Inshorts Launches AI Based News Summarization on its App

The online news aggregator application called Inshorts has inaugurated artificial intelligence (AI) based information summarization on its platform. Inshorts is a news app that chooses and picks latest and best news from various national and international sources and summarises them to present in a short and crisp 60 words or less format. The attribute of the app is built on Rapid60 algorithm which automatically summarizes a full-length news article to sixty words article brief along with a headline and a card image as well. In this regard, the words of Azhar Iqubal, CEO of Inshorts were that the human curation comes with a restriction on how many numbers of articles they can produce, and with this idea, they plan to increase the number of articles being published on its platform to ...
Artificial Intelligence Startup ParallelDots Raises $1.4 Mn Funding
FUNDING

Artificial Intelligence Startup ParallelDots Raises $1.4 Mn Funding

Artificial Intelligence and deep learning startup ParallelDots has recently raised $1.4 million (around Rs 9.1 crore) in a fresh round of funding from its existing investor Multipoint Capital LLC. Delaware, US and Gurgaon, India based AI startup was founded in January, 2014 by Angam Parashar along with Ankit Narayan Singh and Muktabh Mayank and incubated at TLabs, a startup incubator managed by Times Internet. The newly infused capital will be use by the startup to increase the headcount of its technology team, as well as to support its expanding global footprint. The money will also be spent on general operational expenses. ALSO READ Google Uncovered Russia-Backed Ads on YouTube, Gmail : Source     ParallelDots earlier raised a funding of $600K from Multipoint...