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AI

Facebook system can train AI models to recognize speech without transcribed audio data

By Mike Wheatley May 21, 2021

Facebook Inc.’s artificial intelligence team today revealed a way to build speech recognition systems without using any transcribed audio data to train them. Speech recognition is one of the most common types of AI,…

Security

Insurance company CNA Finance reportedly paid $40M to resolve ransomware attack

By Duncan Riley May 20, 2021

Ransomware attacks are nearly daily news in 2021 and there’s a reason why: It’s a lucrative business for cybercriminals who know that even if some of their targets won’t pay up, others will. Enter…

Apps

Work-focused video messaging platform startup Loom raises $130M on $1.5B valuation

By Duncan Riley May 20, 2021

Work-focused video messaging platform startup Loom Inc. has raised $130 million in new funding to build on recent momentum, drive product innovation and scale up operations globally. The Series C round was led by…

Security

Palo Alto Networks beats forecasts and ups full-year guidance

By Mike Wheatley May 20, 2021

Palo Alto Networks Inc. is growing fast as enterprises place more emphasis on cybersecurity, and it showed today as it delivered impressive third-quarter financial results and raised its outlook. The company reported a profit before…

AI

Fiddler Labs aims to remove artificial intelligence bias inequities through ‘explainability in AI’

By Patrick Nelson May 20, 2021

Understanding how an artificial intelligence system generates its predictions is crucial for avoidance of bias, says a startup that has been developing what it calls “explainability in AI.” A person’s application for a loan,…

Cloud

Veeam experiences significant growth in data migration to cloud and containers

By Mark Albertson May 20, 2021

As it prepares for its annual VeeamON virtual conference, May 25-27, Veeam Software Corp. remains busy moving a lot of the world’s data into the cloud. The backup and data protection vendor reported double-digit…

Security

Intel and Dell back $90M round for data access security specialist Immuta

By Maria Deutscher May 20, 2021

Data security startup Immuta Inc. has raised $90 million from a large group of investors that included the venture capital arms of Dell Technologies Inc. and Intel Corp., it was announced today. Immuta provides…

Apps

Google reveals plans for first physical store in new consumer hardware push

By Maria Deutscher May 20, 2021

Google LLC today revealed plans to open a retail location in New York, its first-ever physical store, where visitors will have the opportunity to test and purchase devices from the search giant’s consumer hardware…

Big Data

Demand Science acquires TrustedOut as it advances toward $100M in revenue

By Maria Deutscher May 20, 2021

Demand Science Inc. has acquired TrustedOut SAS, a French startup with an artificial intelligence platform that helps companies monitor market developments and plan advertising campaigns. The company announced the deal today. It’s the fifth…

Blockchain

Holoride launches blockchain to enhance its in-car VR entertainment ecosystem

By Kyt Dotson May 20, 2021

Holoride GmBH, an in-car virtual reality entertainment startup backed by carmaker Audi AG, today announced the deployment of a distributed ledger blockchain for its platform that would offer nonfungible tokens, track royalties and compensate…

explore news

Facebook system can train AI models to recognize speech without transcribed audio data

Insurance company CNA Finance reportedly paid $40M to resolve ransomware attack

Work-focused video messaging platform startup Loom raises $130M on $1.5B valuation

Fiddler Labs aims to remove artificial intelligence bias inequities through ‘explainability in AI’

Intel and Dell back $90M round for data access security specialist Immuta

Google reveals plans for first physical store in new consumer hardware push

Demand Science acquires TrustedOut as it advances toward $100M in revenue

Holoride launches blockchain to enhance its in-car VR entertainment ecosystem

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