Facebook is failing to prevent another human rights tragedy playing out on its platform, report warns

A report by campaign group Avaaz examining how Facebook’s platform is being used to spread hate speech in the Assam region of North East India suggests the company is once again failing to prevent its platform from being turned into a weapon to fuel ethnic violence. Assam has a long-standing Muslim minority population but ethnic […]

Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the US

Fabric, the startup that wants to make automated logistics available to retailers of all sizes, announced today it has raised $110 million in Series B funding. The round was led by Corner Ventures, with participation from Aleph, Canada Pension Plan Investment Board (CPPIB), Innovation Endeavors, La Maison, Playground Ventures and Temasek. This brings the total […]

MIT is reviewing its relationship with AI startup SenseTime, one of the Chinese tech firms blacklisted by the US

The Massachusetts Institute of Technology said it is reviewing the university’s relationship with SenseTime, one of eight Chinese tech companies placed on the U.S. Entity List yesterday for their alleged role in human rights abuses against Muslim minority groups in China. An MIT spokesperson told Bloomberg that “MIT has long had a robust export controls […]

Element AI raises $151M on a $600-700M valuation to help companies build and run AI solutions

While tech giants like Google and Amazon build and invest in a multitude of artificial intelligence applications to grow their businesses, a startup has raised a big round of funding to help those that are not technology businesses by nature also jump into the AI fray. Element AI, the very well-funded, well-connected Canadian startup that […]

Megvii, the Chinese startup unicorn known for facial recognition tech, files to go public in Hong Kong

Megvii Technology, the Beijing-based artificial intelligence startup known in particular for its facial recognition brand Face++, has filed for a public listing on the Hong Kong stock exchange. Its prospectus did not disclose share pricing or when the IPO will take place, but Reuters reports that the company plans to raise between $500 million and […]

YC’s Earth AI closes funding for its platform to make mining less wasteful

Discovering and drilling for the important minerals used for industry and the technology sector remains incredibly important as existing mines are becoming depleted. If the mining industry can’t become more efficient at finding these important deposits, then more unnecessary, harmful drilling and exploration takes place. Applying AI to this problem would seem like a no-brainer […]

VMware acquires ML acceleration startup Bitfusion

VMware today announced that it has acquired Bitfusion, a former participant in our Startup Battlefield competition. Bitfusion was one of the earliest companies to help businesses accelerate their complex computing workloads on GPUs, FPGAs and ASICs. In its earliest iteration, over four years ago, the company’s focus was less on AI and machine learning and […]

Facebook releases a trio of maps to aid with fighting disease outbreaks

Facebook this morning announced a new initiative focused on using its data and technologies to help nonprofit organizations and universities working in public health better map the spread of infectious diseases around the world. Specifically, the company is introducing three new maps: population density maps with demographic estimates, movement maps and network coverage maps. These, […]

Facebook updates PyTorch with a focus on production use

During last year’s F8 developer conference, Facebook announced the 1.0 launch of PyTorch, the company’s open-source deep learning platform. At this year’s F8, the company launched version 1.1. The small increase in version numbers belies the importance of this release, which focuses on making the tool more appropriate for production usage, including improvements to how […]

Facebook open-sources Ax and BoTorch to simplify AI model optimization

At its F8 developer conference, Facebook today launched Ax and BoTorch, two new open-source AI tools. BoTorch, which, as the name implies, is based on PyTorch, is a library for Bayesian optimization. That’s a pretty specialized tool. Ax, on the other hand, is the more interesting launch, as it’s a general-purpose platform for managing, deploying […]