Panasonic will pay $6.5 billion to acquire Blue Yonder
Blue Yonder is a supply chain software firm based in the US. Panasonic is aiming to acquire the company, by paying around 700 billion yen ($6.5 billion) for it.
Nikkei reports that the move will be the biggest acquisition by Panasonic since 2011 when it paid $7.36 billion (about 800 billion yen)... Read more
Swedish data regulator fines police €250,000 for illegal use of Clearview AI
Sweden’s data protection (IMY) has fined the local police authority €250,000 (more than $300,000) for the unlawful use of Clearview AI, a controversial facial recognition software. The use of the software is in breach of the country’s Criminal Data Act.
As part of the enforcement, the poli... Read more
Microsoft says its spellchecker is “most comprehensive” ever
The AI-powered "Speller100" aims to help deliver better Bing Search Engine Results.
Microsoft has announced a new AI system for spellchecking. They have named it Speller100, because it corrects spelling in over 100 languages, according to Microsoft.
A team of Bing Search and AI workers introd... Read more
IBM building tool for low-code AI apps with Palantir
IBM has announced that it has partnered with Palantir Technologies to add AI techniques to its analytics tools. The techniques will become part of IBM Cloud Pak.
The new product will be called Palantir for IBM Cloud Pak. It is intended to help users build applications that incorporate IBM's Wats... Read more
RPA company UiPath raises $750 million at $35 billion valuation
UiPath is one of the leaders in the rapidly growing robotic process automation (RPA) niche. On Monday, it announced that it had closed on $750 million in Series F funding, with a post-money valuation of $35 billion.
The round was led by existing backers Alkeon Capital and Coatue. Other ret... Read more
Nvidia announces certified AI systems
Nvidia has announced a line of "Nvidia-Certified Systems. This line consists of a series of systems for companies that want to get started with artificial intelligence at different scales.
To build the systems, Nvidia has partnered with Dell, HP Enterprise, Gigabyte, Insput and Super Micro. Nvid... Read more
Google wants to replace tracking cookies with AI
Google has shared its plans to eventually move away from using cookies for building user profiles for marketing. Instead, the company wants to use artificial intelligence to show users relevant ads.
To this end, the company has built a new AI called Federated Learning of Cohorts (FLoC). Google c... Read more
Google AI makes webshops more personalized
Google has added new AI tools to Google Cloud that allow webshop owners to personalise their websites for their customers. The search giant is also offering new search options for webshops.
The main new feature is Recommendations AI. This AI analyzes previous customer behaviours and, based on th... Read more
OpenAI lets AI generate new images
OpenAI has developed two new neural networks. The first model is capable of generating new content based on a description and the second excels in recognizing images.
In a blog post, OpenAI describes the possibilities of DALL·E and Clip and shows examples.
DALL·E
DALL·E is based on the ... Read more
New AI by Google sister company masters chess without learning rules
Alphabet subsidiary DeepMind has built a new version of its AI software that is better at coming up with new strategies in unfamiliar situations. The AI, called MuZero, has mastered Go, chess, shogi and various Atari games without having the rules explained to it.
DeepMind explains the improveme... Read more