Category Archives: AI

Former Facebook engineer picks up $15M for AI platform Spell

In 2016, Serkan Piantino packed up his desk at Facebook with hopes to move on to something new. The former Director of Engineering for Faceboook AI Research had every intention to keep working on AI, but quickly realized a huge issue. Unless you’re under the umbrella of one of these big tech companies like Facebook, it can be very difficult and incredibly expensive to get your hands on the hardware necessary to run machine learning experiments. So he built Spell, which today received $15 million in Series […]

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Computer vision startup AnyVision pulls in new funding from Lightspeed

While there have been a few massive surveillance startups in China that have raised funds on the back of computer vision advances, there’s seemed to be less fervor outside of that market. Tel Aviv-based AnyVision is aiming to leverage its computer vision chops in tracking people and objects to create some pretty clear utility for the enterprise world. After announcing a $28 million Series A in mid-2018, the computer vision startup is bringing Lightspeed Venture Partners into the raise, closing out the round at $43 million. “When you […]

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Agtech startup Imago AI is using computer vision to boost crop yields

Presenting onstage today in the 2018 TC Disrupt Berlin Battlefield is Indian agtech startup Imago AI, which is applying AI to help feed the world’s growing population by increasing crop yields and reducing food waste. As startup missions go, it’s an impressively ambitious one. The team, which is based out of Gurgaon near New Delhi, is using computer vision and machine learning technology to fully automate the laborious task of measuring crop output and quality — speeding up what can be a very manual and time-consuming process […]

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ServiceNow to acquire FriendlyData for its natural language search technology

Enterprise cloud service management company ServiceNow announced today that it will acquire FriendlyData and integrate the startup’s natural language search technology into apps on its Now platform. Founded in 2016, FriendlyData’s natural language query (NLQ) technology enables enterprise customers to build search tools that allow users to ask technical questions even if they don’t know the right jargon. FriendlyData’s NLQ tech figures out what they are trying to say and then answers with text responses or easy-to-understand data visualizations. ServiceNow said it will integrate FriendlyData’s tech into […]

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Clinc is building a voice AI system to replace humans in drive-through restaurants

Clinc is expanding its focus on fintech into new verticals that could take advantage of its conversational artificial intelligence. The Ann Arbor-based company recently took the wraps off its new system that aims to provide quick-service restaurants like McDonald’s and Taco Bell with a voice assistant in the drive-through window. I got a demo of the new system. For the most part, even in its early state, it works as advertised. Want a double cheeseburger without pickles and mayo with a side of fries and a Coke? […]

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Y Combinator invests in non-invasive breast cancer screening bra EVA

According to a report by the American Cancer Society, an estimated 266,120 women will be newly diagnosed with breast cancer in the United States this year and (according to a 2016 estimate) can expect to pay between $60,000 and $134,000 on average for treatment and care. But, after hundreds of thousands of dollars and non-quantifiable emotional stress for them and their families, the American Cancer Society still estimates 40,920 women will lose their battle to the disease this year. Worldwide, roughly 1.7 million women will be diagnosed with […]

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Planck Re scores $12M Series A to simplify insurance underwriting with artificial intelligence

Planck Re, a startup that wants to simplify insurance underwriting with artificial intelligence, announced today that it has raised a $12 million Series A. The funding was led by Arbor Ventures, with participation from Viola FinTech and Eight Roads. Co-founder and CEO Elad Tsur tells TechCrunch that the capital will be used to expand Planck Re’s product line into more segments, including retail, contractors, IT and manufacturing, and grow its research and development team in Israel and North American sales team. The Tel Aviv and New York-based […]

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Prisma co-founders raise $1M to build a social app called Capture

Two of the co-founders of the art filter app Prisma have left to build a new social app. Prisma, as you may recall, had a viral moment back in 2016 when selfie takers went crazy for the fine art spin the app’s AI put on photos — in just a few seconds of processing. Downloads leapt, art selfies flooded Instagram, and similar arty effects soon found their way into all sorts of rival apps and platforms. Then, after dipping a toe into social waters with the launch of a […]

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