Axelera AI start-up emerges with £8.7m backing from Bitfury, imec

Artificial Intelligence

Axelera AI, a Dutch AI semiconductor start-up, has emerged from stealth with £8.7 million in seed round funding.

The funding was led by Axelera’s incubator company, Bitfury, a security and infrastructure provider for the Bitcoin blockchain. Nanoelectronics R&D centre imec and venture capital Innovation Industries also participated in the seed round.

Axelera is developing a chipset to accelerate AI and machine learning algorithms at the edge. The startup claims...

Sebastian Santibanez, SoftServe: On helping enterprises successfully use AI in their digital transformations

AI News spoke with Sebastian Santibanez, Associate Director of the Advanced Technologies Group at SoftServe, about how the company is helping enterprises to successfully use AI in their digital transformations.

AI News: What work do you do in the artificial intelligence space? 

Sebastian Santibanez: We understand that the truly successful data-minded organizations are very fluid in their definition of AI and SoftServe has embraced this fluidity by thinking of AI...

Ram Chakravarti, CTO, BMC Software: On the benefits of AIOps and autonomous digital enterprises

Businesses around the world are looking to AI technologies to increase productivity, minimise risks, and, ultimately, gain a competitive advantage.

AI plays a key role in making what BMC Software calls an ADE (Autonomous Digital Enterprise). These cutting-edge businesses know how to wield the latest technologies to minimise manual tasks and maximise the use of uniquely human talents.

AI News joined Ram Chakravarti, CTO of BMC Software, to discuss autonomous digital...

Cognizant: A “vicious cycle” is holding AI deployments back

A new study from Cognizant’s Center for the Future of Work has found that a “vicious cycle” is holding AI deployments back, with just 20 percent considered leaders that are powering ahead.

Few businesses are at the top of the “AI maturity curve,” according to Cognizant’s framework. Just 20 percent are considered AI leaders while the majority (61%) are “implementers” (defined as making progress, but not yet mature) or beginners (19%).

Respondents in the...

AR overtakes AI as the ‘most disruptive’ emerging technology

A new report from GlobalData finds that professionals now believe AR will disrupt their industry more than AI.

70 percent of the 2,341 respondents across 30 business sectors picked AR as disrupting their industry most out of a selection of seven emerging technologies: AI, cybersecurity, cloud computing, IoT, blockchain, and 5G.

Filipe Oliveira, Senior Analyst at GlobalData, commented: “This change in how people see AR will likely be long term, and not just a temporary...

You can now buy AI technologies from TikTok

From the company’s owner, not your favourite TikTok influencer.

Behind every successful TikTok video is a bunch of clever algorithms helping to make it a viral sensation. The company’s owner, ByteDance, launched a new division last month called BytePlus which sells TikTok’s AI technologies.

Up for grabs is the recommendation algorithm behind the ForYou feed, computer vision tech, automatic speech-to-text and text-to-speech, data analysis tools, and...

Researchers from Microsoft and global leading universities study the ‘offensive AI’ threat

A group of researchers from Microsoft and seven global leading universities have conducted an industry study into the threat offensive AI is posing to organisations.

AIs are beneficial tools but are indiscriminate in also providing assistance to individuals and groups that set out to cause harm.

The researchers’ study into offensive AI used both existing research into the subject in addition to responses from organisations including Airbus, Huawei, and...

AI, the future of work and how to improve the safety and security of the workforce

In less than two years, the workplace has evolved quickly. Our personal space inside our homes has transformed into a makeshift office, while corporate buildings are vacant and underutilised. 

As vaccines continue to roll out, a hybrid work model has emerged, with staff now alternating and ‘taking turns’ being back in the office. In the US, research done by SHRM.org highlights that 55% of the workforce favours a hybrid workforce post-pandemic. 

In the UK, a...

Enterprise AI platform Dataiku announces fully-managed online service

Dataiku has announced a fully-managed online version of its enterprise AI platform to help smaller companies get started.

The data science platform enables raw data to be converted into actionable insights through data visualisation or the creation of dashboards and also supports training machine learning models.

https://www.youtube.com/watch?v=XTBms2LeGII

“Accessibility has always been of the utmost importance at Dataiku. We developed Dataiku Online to address...

Google launches fully managed cloud ML platform Vertex AI

Google Cloud has launched Vertex AI, a fully managed cloud platform that simplifies the deployment and maintenance of machine learning models.

Vertex was announced during this year’s virtual I/O developer conference and somewhat breaks from Google’s tradition of using its keynote to focus more on updates to its mobile and web development solutions. Google announcing the platform during the keynote shows how important the company believes it to be for a wide range of...