Tag: Artificial Intelligence

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MEPs call for European AI rules to ban biometric surveillance in public

A cross-party group of 40 MEPs in the European parliament has called on the Commission to strengthen an incoming legislative proposal on artificial intelligence to include an outright ban on the use of facial recognition and other forms of biometric surveillance in public places. They have also urged EU lawmakers to outlaw automated recognition of…
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15 April 2021 0

Tecton teams with founder of Feast open source machine learning feature store

Tecton, the company that pioneered the notion of the machine learning feature store, has teamed up with the founder of the open source feature store project called Feast. Today the company announced the release of version 0.10 of the open source tool. The feature store is a concept that the Tecton founders came up with…
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15 April 2021 0

Sales scheduling platform Chili Piper raises $33M Series B funding led by Tiger Global

Chili Piper, which has a sophisticated SaaS appointment scheduling platform for sales teams, has raised a $33 million B round led by Tiger Global. Existing investors Base10 Partners and Gradient Ventures (Google’s AI-focused VC) also participated. This brings the company’s total financing to $54 million. The company will use the capital raised to accelerate product…
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15 April 2021 0

C2i, a genomics SaaS product to detect traces of cancer, raises $100M Series B

If you or a loved one has ever undergone a tumor removal as part of cancer treatment, you’re likely familiar with the period of uncertainty and fear that follows. Will the cancer return, and if so, will the doctors catch it at an early enough stage? C2i Genomics has developed software that’s 100x more sensitive…
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15 April 2021 0

BigEye (formerly Toro) scores $17M Series A to automate data quality monitoring

As companies create machine learning models, the operations team needs to ensure the data used for the model is of sufficient quality, a process that can be time consuming. BigEye (formerly Toro), an early stage startup is helping by automating data quality. Today the company announced a $17 million Series A led Sequoia Capital with…
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15 April 2021 0

How to pivot your startup, save cash and maintain trust with investors and customers

A few years ago, founder Sean Lane thought he’d achieved product-market fit. Speaking to attendees at TechCrunch’s Early Stage virtual event, Lane said Queue, a secure digital check-in tablet for hospital waiting rooms that reduced wait times by uniting and correcting electronic medical records, was “selling like hotcakes.” But once Lane realized it would only…
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14 April 2021 0

Deepfake video app Avatarify, which process on-phone, plans digital watermark for videos

Making deepfake videos used to be hard. Now all you need is a smartphone. Avatarify, a startup that allows people to make deepfake videos directly on their phone rather than in the cloud, is soaring up the app charts after being used by celebrities such as Victoria Beckham. However, the problem with many deepfake videos…
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14 April 2021 0

Uber hit with default ‘robo-firing’ ruling after another EU labor rights GDPR challenge

Labor activists challenging Uber over what they allege are ‘robo-firings’ of drivers in Europe have trumpeted winning a default judgement in the Netherlands — where the Court of Amsterdam ordered the ride-hailing giant to reinstate six drivers who the litigants claim were unfairly terminated “by algorithmic means.” The court also ordered Uber to pay the…
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14 April 2021 0

EU plan for risk-based AI rules to set fines as high as 4% of global turnover, per leaked draft

European Union lawmakers who are drawing up rules for applying artificial intelligence are considering fines of up to 4% of global annual turnover (or €20M, if greater) for a set of prohibited use-cases, according to a leaked draft of the AI regulation — reported earlier by Politico — that’s expected to be officially unveiled next…
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14 April 2021 0

China’s Xpeng in the race to automate EVs with lidar

Elon Musk famously said any company relying on lidar is “doomed.” Tesla instead believes automated driving functions are built on visual recognition and is even working to remove the radar. China’s Xpeng begs to differ. Founded in 2014, Xpeng is one of China’s most celebrated electric vehicle startups and went public when it was just…
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14 April 2021 0