Artificial Intelligence News: AI will add $15 trillion to the global economy (according to Gartner) by 2030. This fast-moving, technological breakthrough is powering the next industrial revolution and will disrupt the global economy in unforeseen ways. The DailyAlts AI channel tracks the latest developments, capital flows, technological advancements, and other influences that will transform the 2020s.
The White House Office of Science and Technology Policy (OSTP) and the National Science Foundation (NSF) announced Thursday the establishment of the National Artificial Intelligence (AI) Research Resource (NAIRR) Task Force.
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Goldman Sachs and Ping An lead $ 72.5 million funding round in AI firm H2O.ai
Wells Fargo, NVIDIA and Nexus Venture Partners also made repeat investments in the India-based artificial intelligence startup
With the latest Series D funding round, H2O.ai has raised a cumulative amount of $ 147 million. Other investors include Barclays, Capital One, New York Life, Walton River Wood, and Transamerica.
Cerebras Systems, the hitherto stealth mode AI start-up, has come out swinging with its Cerebras Wafer-Scale Engine (WSE), the largest chip ever built
“56x larger than any other chip, the WSE delivers more compute, more memory, and more communication bandwidth. This enables AI research at previously-impossible speeds and scale,” the company says on its website.
Dexai Robotics addresses the labor shortage in the restaurant industry by developing AI-powered robotics for commercial kitchens. It raised $5.5 million in a seed round led by Hyperplane Venture Capital.
New investors in the startup included Rho Capital, Harlem Capital, Contour Venture Partners, and NextView Ventures.