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Author Archives: Todd R. Weiss

Todd R. Weiss

Computer Vision Software Startup Algolux Brings In $18.4M in Series B Funding

July 14th, 2021 Comments Off on Computer Vision Software Startup Algolux Brings In $18.4M in Series B Funding
Algolux, a computer vision startup that builds software for advanced driver assistance systems (ADAS) and for autonomous vehicles, has secured $18.4 million in new Series B funding from a group of investors that includes General Motors’ investment division, GM ...

New $35M AI Research Center at Indiana University Created to Grow AI Education

July 13th, 2021 Comments Off on New $35M AI Research Center at Indiana University Created to Grow AI Education
With the use of AI exploding in business, healthcare, research and other fields, Indiana University is opening a new $35 million AI center that aims to train more students in the study of AI, machine learning and related computer ...

Is Reinforcement Learning Right for Your AI Problem?

July 9th, 2021 Comments Off on Is Reinforcement Learning Right for Your AI Problem?
In the world of machine learning, reinforcement learning is an important sub-category of deep learning. In deep learning the human brain is mimicked through a hierarchical structure of human-made, artificial neural networks. Reinforcement learning (RL) is a basic machine ...

AI Funding Roundup: Smaller AI Startups Continue to Steadily Bring in New Cash for Growth

July 7th, 2021 Comments Off on AI Funding Roundup: Smaller AI Startups Continue to Steadily Bring in New Cash for Growth
When it comes to funding rounds for AI startups so far in 2021, there have been some sizable investments made. Scale AI brought in a $325 million Series E round in April, Chinese startup Enflame raised $278.5 million in ...

The Pentagon Cancels Its Controversial $10B JEDI Cloud RFP to Re-Issue It as a Multi-Cloud Proposal

July 6th, 2021 Comments Off on The Pentagon Cancels Its Controversial $10B JEDI Cloud RFP to Re-Issue It as a Multi-Cloud Proposal
Almost six months into President Joe Biden's first term as president, the administration and the Pentagon have canceled the controversial $10 billion JEDI cloud modernization contract that was previously awarded to Microsoft Corp. in late 2019 under then-President Donald ...

Better, More Efficient Neural Inferencing Means Embracing Change

July 5th, 2021 Comments Off on Better, More Efficient Neural Inferencing Means Embracing Change
Artificial intelligence is running into some age-old engineering tradeoffs. For example, increasing the accuracy of neural networks typically means increasing the size of the networks. That requires more compute resources and leads to increased power consumption. The size of ...

In IBM Executive Shuffle Just Before the July 4th Weekend, IBM President Jim Whitehurst is Out

July 2nd, 2021 Comments Off on In IBM Executive Shuffle Just Before the July 4th Weekend, IBM President Jim Whitehurst is Out
Jim Whitehurst, the former Delta Air Lines COO who joined Red Hat in January 2008 and led the open source and Linux company as it was acquired by IBM in July of 2019, is now out at IBM. Whitehurst’s ...

WHO Releases Its First-Ever Report Offering Guiding Principles for AI Use in Healthcare

July 2nd, 2021 Comments Off on WHO Releases Its First-Ever Report Offering Guiding Principles for AI Use in Healthcare
Fueled by ethics and privacy concerns about the use of AI in healthcare, the World Health Organization (WHO) has issued a report calling for the use of six “guiding principles” for creating and using ethically and safely managed AI ...

With Approvals in from the EC and the UK, AMD’s $35B Acquisition of Xilinx Now up to China

July 1st, 2021 Comments Off on With Approvals in from the EC and the UK, AMD’s $35B Acquisition of Xilinx Now up to China
AMD’s planned acquisition of FPGA maker Xilinx is now in the hands of Chinese regulators after needed antitrust approvals for the $35 billion deal were received from the European Commission (EC) and from the UK government this week. The ...

Nvidia Arm Merger Proposal Gets Support from 3 Rival Chip Companies

June 29th, 2021 Comments Off on Nvidia Arm Merger Proposal Gets Support from 3 Rival Chip Companies
Since Nvidia proposed to acquire chip IP vendor Arm last September for $40 billion, several major tech companies, including Google, Microsoft and rival chipmaker Qualcomm, continue to vocally oppose the deal, issuing repeated concerns about its negative effects on ...
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