AlmaBetter has raised $2.7 million in a seed funding round led by Kalaari Capital. AlmaBetter was founded in 2020 by IIT Kharagpur and IIT Delhi students. Bengaluru-based upskilling platform AlmaBetter has raised $2.7 million in a seed funding round led by Kalaari Capital. The round also saw participation from angel investors, including Vidit Aarey (CEO, Meesho), Sanjeev Barnwal (CTO, Meesho), Rajesh Yabaji (CEO, Blackbuck), Varun Alagh (CEO, Mamaearth), and Rahul Dalmia (Early backer in Polygon Technology). AlmaBetter was founded in 2020 by IIT Kharagpur and IIT Delhi alumni Shivam Dutta,…
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Full-stack cybersecurity startup BluSapphire raises $9.2M funding in a Series A round
BluSapphire has raised $9.2 million in a Series A funding round The startup plans to use the raised capital to build and grow its SaaS platform across North America and India. Hyderabad-based full-stack cybersecurity startup BluSapphire has raised $9.2 million in a Series A funding round led by Barings Private Equity India, with participation from Dallas Venture Capital, RPG Ventures and Merisis Venture Partners, Binny Bansal backed xto10x. The startup plans to use the raised capital to build and grow its SaaS platform across North America and India. Founded in…
Read MoreRobots to learn how to laugh to improve human-robot conversations
Researchers are attempting to teach robots to laugh for improving human robo interaction. In the researchers’ shared-laughter model, a human laugh first, and the AI system responds with empathetic laughter. The researchers began by annotating speed-dating dialogues to collect training data. University of Kyoto researchers are attempting to teach a robot to laugh. The researchers created a method for developing a “sense of humor” for the Japanese android Erica, which is described in a research paper published in Frontiers in Robotics and AI. Robots cannot detect or even laugh at…
Read MoreUsing AI and machine learning in traffic and water management
A new study released by the Bengaluru-based think tank Center for Study of Science, Technology, and Policy (CSTEP) lays the groundwork for incorporating artificial intelligence (AI) into India’s climate change mitigation and adaptation initiatives. The study looked at AI’s potential to boost climate action in India, with a focus on transportation and water management. According to the study, the use of AI in the transportation sector has the potential to significantly reduce GHG (greenhouse gas) emissions and, as a result, can be useful in mitigating the effects of climate change….
Read MoreMeta’s protein-folding AI reminds us it’s not just a metaverse firm
Meta has revealed a new protein-folding AI to revolutionize healthcare sector. Facebook created the popular open-source framework PyTorch. Also the company has released the ESM Metagenomic Atlas, which contains over 600 million proteins and predictions for almost the entire MGnify90 database. Meta has revealed a new protein-folding AI that has the potential to revolutionize science and the development of new medicines. Facebook, as the company was known before changing its name, has long been regarded as a leader in artificial intelligence. Facebook created the popular open-source framework PyTorch, and earlier…
Read MoreOver 30 lakh govt officials to be trained in AI by 2023: Jitendra Singh
More than 30 lakh central and state government officials will be trained and exposed to emerging technologies, said Union Minister Jitendra Singh. The minister made the remarks while delivering the valedictory address at the Indian Institute of Public Administration’s (IIPA) two-day workshop on “Emerging Technology for Good Governance” Union Minister Jitendra Singh stated that by 2023, more than 30 lakh central and state government officials will be trained and exposed to emerging technologies such as artificial intelligence (AI), machine learning, and blockchain to provide effective governance and service delivery at…
Read MoreWhy Meta developed an AI translation system?
Meta develops AI translation system for a primarily spoken language The new AI translator can convert spoken languages like Hokkien into spoken English, helping break down language barriers While the model is still in development, it allows someone who speaks Hokkien to communicate with someone who speaks English. In an effort to break down language barriers, Meta has created a new AI translator that can convert spoken languages such as Hokkien into spoken English. Hokkien, a dialect of southern Min Chinese, is primarily spoken and lacks a standard writing system,…
Read MoreIntegrating AI into Healthcare: A Trillion Dollar Opportunity for India
Ai is becoming more prevalent in the healthcare sector. India’s economy is expected to reach $1 trillion by 2035. AI spending in India increased by more than 109% in 2018, totaling $665 million. Artificial intelligence (AI) is becoming more prevalent in the workplace and is now being used in healthcare applications. The increase in healthcare data implies greater use of Artificial Intelligence (AI). Early disease diagnosis, drug design, drug trials, diabetic retinopathy, cancer treatments, cardiovascular disease, and eye care are some of the key areas where Artificial Intelligence is being…
Read MoreShutterstock partners with OpenAI to advance AI image generation
Shutterstock is expanding its partnership with OpenAI The stock image service will offer “direct access” to OpenAI’s DALL-E 2 image generator OpenAI’s DALL-E 2 is one of the most popular image generators. Shutterstock is expanding its partnership with OpenAI to improve how AI image generators are trained and contributors are compensated. Through its website, the stock image service will provide “direct access” to OpenAI’s DALL-E 2 image generator. “The mediums to express creativity are constantly evolving and expanding. We recognize that it is our great responsibility to embrace this evolution…
Read MoreOracle teams up with NVIDIA to quicken enterprise AI adoption
Oracle and NVIDIA have formed a multi-year partnership to help customers solve business challenges NVIDIA and Oracle have been serving enterprises together for years with accelerated computing instances and software available via OCI. Oracle is now offering early access to NVIDIA RAPIDS acceleration for Apache Spark data processing on the OCI Data Flow fully-managed Apache Spark service. Oracle and NVIDIA have formed a multi-year partnership to assist customers in overcoming business challenges through accelerated computing and artificial intelligence. The collaboration aims to bring the entire NVIDIA accelerated computing stack to…
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