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Showing posts with the label Ingrid Lunden

Amazon’s Prime Day was the biggest sales day in its history, up 60% on 2016 led by the Echo

 We said yesterday that all signs pointed to Amazon’s Prime Day sales event smashing through its own numbers, and that is exactly what happened: the company today announced that the 30-hour sale, which saw deep discounts on Amazon’s own Echo products as well as a host of other bargains (hundreds of thousands of items, in Amazon’s words), was the biggest sales day in the… Read More from TechCrunch via March 28, 2018 at 01:00PM

Google acquires India’s Halli Labs, which was building AI tools to fix ‘old problems’

 Some more M&A news in the world of artificial intelligence. Today it was announced that Google has acquired Halli Labs, a very young (its first public appearance was on May 22 of this year) startup based out of Bengaluru, India, that was focused on building deep learning and machine learning systems to address what it describes as “old problems.” The company says it will be… Read More from TechCrunch via March 16, 2018 at 01:00PM

Microsoft launches AI for Earth to give $2M in services to environmental projects

 After helping to launch the Partnership on AI with Google, Facebook and others; and doubling down on AI research, today Microsoft unveiled a new initiative that points to how it plans to target specific verticals in what can potentially be a very nebulous field — while also raising the public image of AI as some grow concerned about the implications of its encroaching influence. Today,… Read More from TechCrunch via March 11, 2018 at 02:00PM

Gong, an AI-based language tool to help sales and customer service reps, nabs $20M

 As artificial intelligence continues its spread into all aspects of computing, many believe that it will be the next big frontier in CRM. Today a startup called Gong.io underscores that trend: the Israeli startup, which has built a tool that uses natural language processing and machine learning to help train and suggest information to sales people and other customer service reps, has raised a… Read More from TechCrunch via March 10, 2018 at 01:00PM

Echo devices are Amazon Prime Day’s best sellers

 Amazon’s decision to deeply discount its voice-powered Echo devices for Prime Day appears to be paying off for the online retailer. Though Prime Day is still underway this afternoon, Amazon has already sold more Echo devices than it did on Prime Day last year, it says. Specifically, it has sold more than twice as many Echo devices here in the U.S., compared with Prime Day 2016, and more… Read More from TechCrunch via February 25, 2018 at 01:00PM

Samsung acquires Greek text-to-speech startup Innoetics for under $50M

 With the launch of Bixby and reports that Samsung is building its own competitor to Amazon’s Echo, the consumer electronics giant has now made an acquisition that could help power this next generation of voice-powered services. Samsung has acquired Innoetics, a startup out of Greece that has developed voice-to-speech technology that can, among other things, listen to a person speaking,… Read More from TechCrunch via January 01, 2018 at 01:00PM

More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

 With cybercrime projected to reap some $6 trillion in damages by 2021, and businesses likely to invest around $1 trillion over the next five years to try to mitigate that, we’re seeing a rise of startups that are building innovating ways to combat malicious hackers. In the latest development, Darktrace — a cybersecurity firm that uses machine learning to detect and stop attacks… Read More from TechCrunch via December 29, 2017 at 01:00PM