Enterprise automation company Landing.ai has hired Amazon director of artificial intelligence and computer vision Gopi Prashanth to act as its new VP of engineering. Prashanth led a team that created the AI system behind Amazon Go, and previously worked as a development manager at Microsoft. Prashanth is one of the biggest hires yet for Landing.ai, a company…
Tag: bmcgee
Artificial intelligence startup Databricks is now worth $2.75 billion after raising $250 million from Andreessen Horowitz and Microsoft
“‘Many companies are excited to AI, but they’re struggling. It’s because the problems they’re trying to solve is different from sexy A.I.,’ Ali Ghodsi, CEO and co-founder of Databricks, told Business Insider. “We’re the only company that focuses on how can you do the boring things and A.I. together. We don’t see any vendors out…
Goldman Sachs Joins HSBC For $20 Million Bet On Bud’s AI-Powered Bank Accounts
“Some of the world’s biggest banks today joined forces to invest in a London-based startup determined to change our relationship with money. Bud, cofounded by Ed Maslaveckas and George Dunning, provides open banking technologies to high street players, with a particular focus on AI and “smart accounts.” Bill switching is another battleground that the CEO…
How artificial intelligence can radically transform your business
“‘Over 40 per cent of businesses believe that the model they’re using today will cease to exist in five years,’says Clare Barclay, chief operating officer of Microsoft UK. “All sorts of technology, AI included, is changing the shape of the business landscape.” Data from Microsoft’s Maximising the AI Opportunity report shows that early adopters of…
Diamond Pro’s AI spots imperfection in gems
Image Credit: Pixabay “Would you ever consider purchasing diamond jewelry online? Lots of people have — according to Research and Markets, the jewelry ecommerce market accounts for roughly 5 percent of the $257 billion overall jewelry industry, a share that’s expected to triple by 2020. It’s growing especially quickly in Asia, where the compound annual growth rate from 2011…