Artificial Intelligence

XM Cyber Raises $22 Million To Automate Cybersecurity

Kyle Wiggers / VentureBeat - 7 months ago
  • There’s a reason that by 2021, the number of unfilled cybersecurity jobs worldwide is expected to reach 3.5 million.
  • That’s why Tamir Pardo — who served as chief of Mossad, Israel’s elite security intelligence service, between 2011 and 2016 — two years ago cofounded XM Cyber, a startup that claims to have pioneered the first platform capable of simulating, validating, and remediating advanced persistent threats (ATP) with artificial intelligence (AI).
  • XM Cyber CEO and cofounder Noam Erez said it’ll use the funding to “accelerate [XM Cyber’s] strong growth” through expanded sales, marketing, and engineering programs.
  • “In this era of hyper-sophisticated cybercrime, our solution demonstrates that organizations should be asking themselves [if their assets are secure], as there are a plethora of ways hackers can compromise them,” he said.

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Microsoft Wants To Work With Trump And Congress On Cybersecurity

Microsoft wants to work with Trump and Congress on cybersecurity CNBC - 8 months ago
  • Microsoft wants to work with Congress to establish cybersecurity measures for civilians, the company's president told CNBC Wednesday.
  • Speaking to CNBC at the 2018 Web Summit in Lisbon, Portugal, Brad Smith said Microsoft wanted to address the "fundamental question" of safeguarding the population against cyber threats — but he said the outcome of the midterm election would not hinder that mission.
  • "Most technology issues so far have not been partisan issues," he said.
  • He explained that concerns ranged from threats to democracy to the role of artificial intelligence in the future of work.

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AIOps Startup ScienceLogic Raises $25M To Support Global Expansion

AIOps startup ScienceLogic raises $25M to support global expansionDuncan Riley / SiliconANGLE - 8 months ago
  • Startup ScienceLogic Inc., which offers artificial intelligence for information technology operations, a fast-growing field known as AIOps, has raised $25 million in new funding to support a global expansion.
  • The $25 million comes in the from of a credit facility from Square 1 Bank, a division of Pacific Western Bank.
  • Founded in 2003, ScienceLogic is an IT operations management provider that claims its solution sees everything across cloud and distributed architectures, contextualizes data through relationship mapping and acts on this insight through integration and automation.
  • “This new flexible line of credit from Square 1 supports ScienceLogic’s current initiatives of global expansion, ongoing product development, and continued growth into new market segments,” Patrick McCoy, ScienceLogic chief financial officer, said in a statement.

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Google Kicks Off $25M Competition To Boost ‘AI For Social Good’

Google kicks off $25M competition to boost ‘AI for Social Good’Alan Boyle / GeekWire - 8 months ago
  • California high-school students Sanjana Shah and Aditya Shah built a device that uses AI to identify areas in a forest that are susceptible to wildfires.
  • Google today unveiled a $25 million initiative called the Google AI Impact Challenge, aimed at soliciting and supporting projects that make use of artificial intelligence to solve some of the world’s greatest social, humanitarian and environmental problems.
  • The global challenge is open to nonprofit organizations and public charities — and to for-profit businesses as well, as long as their projects have a charitable purpose.
  • Google’s call to humanitarian action is part of its broader “AI for Social Good” campaign, and comes just weeks after Google Cloud decided not to bid on the Pentagon’s $10 billion JEDI cloud computing project due to ethical concerns.

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How The ‘smart Home’ Could Allow Your House To Spy On You And Be Manipulated By Hackers

How the ‘smart home’ could allow your house to spy on you and be manipulated by hackersAndrew Griffin / The Independent - 8 months ago
  • It’s the stuff of horror films: an intruder in your house, impossible to find but undeniably somewhere, watching you at your most private moments.
  • If the worst fears about the prevalence of weakly secured smart home gadgets materialise, those terrifying situations could become all too real.
  • Everything from washing machines to baby monitors is being hooked up to the internet by companies convinced that features such as remote control and artificial intelligence will make our lives easier and safer.
  • The government has now published a voluntary code of practice for manufacturers of smart home devices in an attempt to stop them being used for cyber crime by hackers and even nation states.

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Facial Recognition Startup Kairos Founder Continues To Fight Attempted Takeover

Facial recognition startup Kairos founder continues to fight attempted takeoverMegan Rose Dickey / TechCrunch - 8 months ago
  • There’s some turmoil brewing over at Miami-based facial recognition startup Kairos.
  • Kairos is trying to tackle the society-wide problem of discrimination in artificial intelligence.
  • Brackeen’s purported termination was followed by a lawsuit, on behalf of Kairos, against Brackeen, alleging theft, a breach of fiduciary duties — among other things.
  • “The Kairos team is amazing and resilient and has blown me away with their commitment to the brand,” Doval told TechCrunch.

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Someone Paid $432K For Art Generated By An Open-source Neural Network

Someone paid $432K for art generated by an open-source neural network Tristan Greene / The Next Web - 8 months ago
  • Three guys from France recently used an open-source generative adverserial network (GAN) trained on public domain images to create a “painting.” That painting today sold for nearly half a million dollars at one of the most prestigious auction houses in London.
  • A couple weeks ago world-renowned artist and prankster Banksy pulled off a good one.
  • Now, I have to be careful how I word that because, over time, the message has changed.
  • For more information you should read this excellent article by Artnome’s Jason Bailey featuring an interview with Obvious’ technical lead.

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"]Amazon pitched its facial recognition to ICE, released emails show [Updated]Sean Gallagher / Ars Technica - 8 months ago

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Chinese Autonomous Vehicle Startup Momenta Raises Money On $1B Valuation

Chinese autonomous vehicle startup Momenta raises money on $1B valuationDuncan Riley / SiliconANGLE - 8 months ago
  • Chinese autonomous vehicle startup Momenta has raised new funding on a unicorn valuation of $1 billion.
  • Although the amount raised was not disclosed, the company, formally known as Beijing Chusudu Technology Co.
  • Momenta had raised $51 million in total as of its last round in July 2017.
  • Founded in 2016, Momenta is developing software that uses big data and artificial intelligence for perception, semantic high-definition mapping and path planning for self-driving vehicles.

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Paperspace Raises $13M For Its AI Cloud Computing Platform

Paperspace raises $13M for its AI cloud computing platformDuncan Riley / SiliconANGLE - 8 months ago
  • Cloud computing startup Paperspace Inc. today said it has raised $13 million in new funding to advance its artificial intelligence cloud computing and development solutions.
  • The Series A funding, its first since October 2016, came from Battery Ventures, SineWave Ventures, Intel Capital, Sorenson Ventures and Initialized Capital. Founded in 2014, Paperspace aims to disrupt the virtual desktop market with Gradient, a cloud-based development platform designed for building, training and deploying machine learning models.
  • Gradient is a data-as-a-service DaaS/virtual desktop infrastructure platform, accelerated by graphics processing unit chips.
  • “Gradient makes high-performance cloud computing less expensive, more powerful and easier to use than competitors by making it readily available on the cloud, and for everyday users,” Daniel Kobran, co-founder of Paperspace, said in an interview with SiliconANGLE in March.

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LogMeIn Joins AI Fray With Prompt.ai, A Chatbot That Automates Technical Support

LogMeIn joins AI fray with Prompt.ai, a chatbot that automates technical supportMaria Deutscher / SiliconANGLE - 8 months ago
  • The rise of artificial intelligence in the enterprise has brought with it new solution categories, including services such as Agent IQ that use natural-language processing to automate companies’ help desk operations.
  • LogMeIn Inc., in contrast, is harnessing AI to help companies provide better support for their employees.
  • The launch comes about a year after LogMeIn acquired help desk automation provider Nanorep Technologies Ltd.
  • The service can be accessed directly in Slack, Microsoft Teams and the other collaboration services that knowledge workers use to communicate with one another.

Syncron Raises $67 Million For Preventative Maintenance AI

Kyle Wiggers / VentureBeat - 8 months ago
  • In the manufacturing and industrial sectors, equipment failures can result in millions of dollars of lost revenue.
  • Stockholm, Sweden-based Syncron, an after-sales parts solutions company founded in 1990, aims to instill preventative maintenance practices in clients with the help of artificial intelligence (AI).
  • CEO and former Accenture executive Anders Grudén said that Syncron will use the new capital to “support [the] continued development” of its enterprise products and to promote “further expansion” of global operations.
  • “We are delighted to partner with Summit Partners to support Syncron’s next chapter of expansion and our path to IPO readiness,” Grudén said.

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Paul Allen, Microsoft Co-founder Leaves Legacy Of Innovation, Philanthropy, Bold Bets

Paul Allen, Microsoft co-founder leaves legacy of innovation, philanthropy, bold betsTodd Bishop / GeekWire - 8 months ago
  • “Paul Allen’s contributions to our company, our industry and to our community are indispensable,” said Microsoft CEO Satya Nadella in a statement released by the company.
  • Former Microsoft CEO Steve Ballmer, who worked with Allen in the company’s formative years, remembered him as “a truly wonderful, bright and inspiring person – and a great friend.”
  • Speaking on behalf of Vulcan Inc., the Seattle Seahawks and Portland Trailblazers, Stratolaunch Systems, the Allen Institute and the Allen Institute for Artificial Intelligence, Vulcan CEO Bill Hilf released this statement:
  • “All of us who had the honor of working with Paul feel inexpressible loss today.

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AI Helps Diagnose Depression Three Months Earlier Than Health Services By Analysing Facebook Posts

AI helps diagnose depression three months earlier than health services by analysing Facebook postsAlex Matthews-King / The Independent - 8 months ago
  • An artificial intelligence (AI) programme trained to scour Facebook posts for “linguistic red flags” which could be a sign of depression identified the condition up to three months earlier than health services, a US study has found.
  • In early tests the machine learning algorithm performed as well as existing screening questionnaires which are used to identify depression – but it has the advantage of being able to run “unobtrusively” in the background, the authors note.
  • Recently a backlash against platforms like Facebook, from ministers and parents concerned about the damaging impact on children wellbeing, has led to calls for stricter age and usage limits.
  • But US researchers behind the new tool tool say the wealth of information in social media pages could one day be used to help unobtrusively screen for mental health conditions.

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Paul Allen—Microsoft Co-founder, Seahawks Owner, And Space Pioneer—dies At 65

Paul Allen—Microsoft co-founder, Seahawks owner, and space pioneer—dies at 65Peter Bright / Ars Technica - 8 months ago
  • Paul Allen, who with Bill Gates founded Microsoft, has died at the age of 65.
  • Allen had his first run-in with cancer in 1982, when he was diagnosed with Hodgkins lymphoma and drastically cut back his work at the company while recovering.
  • Beyond this, he invested hundreds of millions of dollars to research disease, artificial intelligence, and bioscience.
  • When not working, Allen was by all accounts a talented guitarist and released a blues rock album in 2013.

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MIT Has Just Announced A $1 Billion Plan To Create A New College For AI

MIT has just announced a $1 billion plan to create a new college for AI MIT Technology Review - 8 months ago
  • One of the birthplaces of artificial intelligence, MIT, has announced a bold plan to reshape its academic program around the technology.
  • New school: The new college of computing is being built with $350 million in funding
  • Data everywhere: Data and computing are already having a major impact on disciplines like the humanities, and machine learning and AI may have an even bigger one.
  • Ethical concerns: One noteworthy function of the new college will be encouraging students and researchers to think about the potential impact of computing and AI.

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Micron Foundation Is ‘Advancing Curiosity’ In AI Ethics With $1M Grant

Micron Foundation is ‘Advancing Curiosity’ in AI ethics with $1M grantKylie Anderson / SiliconANGLE - 9 months ago
  • Artificial intelligence is the new frontier of technology, precipitating a global labor revolution across every industry.
  • Concerns regarding the displacement of human employees in favor of robot labor, and the risks around harmful patterns becoming innate to machine learning have been voiced as loudly as the announcements of an advancing technology that dissenters fear is scaling all too quickly — and without proper ethical guidance.
  • To bring greater visibility into these issues and turn the tides of this rapidly growing tech, Micron Technology Inc.’s Micron Foundation is focusing on the human side of artificial intelligence.
  • “The Micron Foundation’s mission is to enhance lives through people and philanthropy, and we focus on [science, technology, engineering, and math] and basic human needs to bring our goodness and focus to AI, and the problems that can be solved utilizing it,” said Dee Mooney (pictured), executive director of the Micron Foundation.

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June.ai Raises $1.5 Million For AI-powered Email Management

June.ai raises $1.5 million for AI-powered email managementKyle Wiggers / VentureBeat - 9 months ago
  • June.ai aims to minimize ill-spent time with the help of artificial intelligence (AI).
  • June.ai will use the capital to expand its 10-person team, cofounder and CEO Allie Sutton said.
  • “To put it simply, we are rethinking and streamlining how we communicate and gather information digitally,” Sutton said. “There has been no impactful innovation with email in recent history and users are either complacent or frustrated,” Sutton said.
  • June.ai’s platform consists of several discrete tools, or “hubs,” that perform autonomous tasks like organizing messages, surfacing attachments, and highlighting important conversations.

Micron Commits To Investing $100 Million In AI Companies

Reuters / VentureBeat - 9 months ago
  •  Micron said on Wednesday it planned to invest up to $100 million in startup companies working on artificial intelligence technologies for use in self-driving vehicles, factory automation and other growing fields.
  • The Idaho-based memory chip maker launched a corporate venture capital program more than a decade ago, but its investments until now had been “very sporadic” and “very close to our core business” of making chips, Sumit Sadana, Micron’s chief business officer, told Reuters.
  • The existing venture operation’s returns have been solid, but the company believes it can ultimately sell more memory chips by expanding its involvement in artificial intelligence because the field deals with huge amounts of data that need to be stored on its products, he said at Micron’s first artificial intelligence conference in San Francisco where it announced the move.
  • The newly earmarked funds will be invested in both hardware and software startups working on artificial intelligence, Sadana said.

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Amazon Axes AI Recruiting Tool That Wasn’t Too Keen On Women

Amazon axes AI recruiting tool that wasn’t too keen on womenJames Farrell / SiliconANGLE - 9 months ago
  • According to Reuters, which first published the story, Amazon had been using artificial intelligence since 2014 to go through resumes faster than a human eye could and pick out the best talent.
  • If the resume even contained the word “women” or if the applicants had gone to a woman’s college or even played in a “women’s chess club,” that resume would be lobbed into the virtual office trashcan daubed with a one-star review.
  • Amazon soon realized this, but according to some sources the company was afraid the AI would come up with other ways of being discriminatory.
  • Amazon has since said that it wasn’t only gender bias why the project was disbanded.