News

06.5.18

China is Investing Heavily in AI-Based Surveillance

A Chinese face recognition startup aiding government surveillance effort scores another $620 million Chinese face recognition firm SenseTime announced it has raised $620 million in a new funding round, bolstering its position as the world’s leading artificial intelligence (AI) startup—and helping advance China’s initiative to build a nationwide AI-powered video surveillance system. This represents SenseTime’s…

05.10.18

Face Value: Face Recognition at the Profitability Forefront

How crucial is AI to the future? So crucial that Chinese face recognition firm SenseTime has become one of the most valuable startups in the world, as reported by Bloomberg. SenseTime in April said it generated $600 million in Series C funding. This gave the company a valuation of more than $4 billion, exceeding the…

05.3.18

AI Prediction System Extends Forecasts of Chaotic Systems

Chaotic systems are hard to predict because—well—they’re chaotic. However, given that humanity is constantly at the mercy of the vagaries of chaotic systems—such as weather, solar storms and sometimes even road traffic—scientists are striving to develop methods to forecast such disorganized events. The latest breakthrough on this front comes from researchers leveraging AI prediction technology…

04.18.18

NVIDIA and ARM Take Deep Learning to the Edge

With more than 86 billion ARM processor chips shipped to date, chances are there’s an ARM-based device within arm’s reach of you right now—most likely your smartphone or tablet. In fact, ARM-powered products are nearly ubiquitous, with the diminutive, low-power processors at the heart of countless mobile, consumer and internet-of-things (IoT) devices used by people…

04.12.18

Veritone to Advance Federal Government Presence with FedRAMP Compliance Initiative

Veritone® Inc. (NASDAQ: VERI), a leading provider of artificial intelligence (AI) and cognitive solutions, today announced that its certification for the Federal Risk and Authorization Management Program (FedRAMP) has achieved “in process” status. The company expects to achieve full certification for its aiWARE™ platform of cognitive engines, applications, and data products by the end of…

04.11.18

Veritone Sets the Standard for Open and Extensible Artificial Intelligence Solutions

Veritone® Inc. (NASDAQ: VERI), today announced that its aiWARE™ platform has set the standard for how enterprises and institutions can effectively and profitably engage with AI. The open and extensible platform allows clients to configure cognitive capabilities based on organizational needs – prioritizing accuracy, speed, and cost while enhancing workflows. “Artificial intelligence is imperative for…

04.8.18

Toyota Partnership Uses AI Prediction to Speed Taxi Service

It can be difficult to find a taxi when you really need one — just ask anyone who has tried to hail a cab on a busy city street during a rainstorm. However, a partnership led by Toyota may have an answer to this challenge, using AI prediction technology to forecast availability and demand for…

04.6.18

NLP Leads the Way as Healthcare AI Market Explodes

The global market for artificial intelligence (AI) in healthcare will expand by a factor of 12 over five years, led by natural language processing technology (NLP) used for processing medical data, according to the market research firm ReportsnReports.com. The AI healthcare market is set to rise to nearly $8 billion in 2022, up from $667.1…

04.5.18

Veritone Announces Breakthrough Real-Time Artificial Intelligence Capabilities

Unprecedented AI Processing Capabilities to Enable Faster and More Enhanced Decision-Making Veritone® Inc. (NASDAQ: VERI), a leading provider of artificial intelligence (AI) and cognitive solutions, today announced the upcoming launch of a market-first update to its AI operating system, aiWARE™, which will enable the platform to support real-time AI processing. The aiWARE real-time framework is…

04.3.18

Treasure Trove of History Revealed with AI

England’s East India Company was once one the world’s most powerful economic and military organizations, accounting for half the world’s trade and fielding a private army twice the size of the British army in the early 1800s. In its more than 250-year history, the trading company was at the center of numerous pivotal events, including…