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Snorkel AI scores $35M Series B to automate data labeling in machine learning

TechCrunch

One of the more tedious aspects of machine learning is providing a set of labels to teach the machine learning model what it needs to know. It also announced a new tool called Application Studio that provides a way to build common machine learning applications using templates and predefined components.

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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

The new capital values the company at more than $450 million post-money, and CEO Jyoti Bansal — who’s also the cofounder of BIG Labs and Unusual Ventures — says that it’ll be put toward product development, recruitment, and customer acquisition. Businesses need machine learning here.

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How digital turned Nationale-Nederlanden into an omnichannel company

CIO

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. For instance, the company completed its conversion to a 100% Agile company in 2019, an achievement that reinforced its commitment to clients.

Company 321
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Picsart acquires R&D company DeepCraft in seven-figure deal to aid video push

TechCrunch

SoftBank-based digital creation platform Picsart , which recently hit uniciorn status , announced today it’s acquiring the research and development company DeepCraft. The company believes DeepCraft’s A.I. technical talent and its breakthroughs in computer vision and machine learning will enhance Picsart’s own A.I.

Video 249
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ST Engineering showcases applications of new technologies to stay ahead of disruption

CIO

The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.

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Jarvis ML snags $16M to help companies personalize their products

TechCrunch

Jarvis ML , a platform offering an AI-powered personalization engine to brands selling products, services and experiences, today announced that it raised $16 million in a seed round led by Dell Technologies Capital. Other rivals include Flybits and Monetate (which was acquired by Kibo in 2019).

Company 241
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SeMI Technologies’ search engine opens up new ways to query your data

TechCrunch

Companies sit on a lot of unstructured data and often don’t have the capabilities to get much out of it. Now imagine having a way to store data and actually be able to ask it questions, for example, “When did ABC Company sign its first contract with us?” or “Show me videos that contain blue skies.”. Small notes on big news.