Peltarion raises $20M for its AI platform

Peltarion, a Swedish startup founded by former execs from companies like Spotify, Skype, King, TrueCaller and Google, today announced that it has raised a $20 million Series A funding round led by Euclidean Capital, the family office for hedge fund billionaire James Simons. Previous investors FAM and EQT Ventures also participated, and this round brings […]

Fritz wants to help developers bring machine learning to their mobile apps

It’s one thing to run machine learning models in the cloud, where you have plenty of resources. On mobile devices, you’re dealing with very finite compute resources, so if you want to run your models directly on the devices, they have to be highly optimized. Add to that that Apple and Google are taking somewhat […]

Google announces a new generation for its TPU machine learning hardware

As the war for creating customized AI hardware heats up, Google announced at Google I/O 2018 that is rolling out out its third generation of silicon, the Tensor Processor Unit 3.0. Google CEO Sundar Pichai said the new TPU is eight times more powerful than last year per pod, with up to 100 petaflops in […]

Rainforest Connection enlists machine learning to listen for loggers and jaguars in the Amazon

The vastness that makes the Amazon rainforest so diverse and fertile also makes it extremely difficult to protect. Rainforest Connection is a project started back in 2014 that used solar-powered second-hand phones as listening stations that could alert authorities to sounds of illegal logging. And applying machine learning has supercharged the network’s capabilities. The original […]