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Explosion snags $6M on $120M valuation to expand machine learning platform

TechCrunch

Explosion , a company that has combined an open source machine learning library with a set of commercial developer tools, announced a $6 million Series A today on a $120 million valuation. “Fundamentally, Explosion is a software company and we build developer tools for AI and machine learning and natural language processing. .

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AIMMO bags $12M Series A to advance data labeling technology  

TechCrunch

Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and tedious work. ScreenShot | AIMMO website.

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How Facebook fights fake news with machine learning and human insights

The Parallax

What’s in your Facebook data? To combat fake (or “false”) news, McNally says, Facebook now employs a wide range of tools ranging from manual flagging to machine learning. Downranking of a story can reduce its spread across Facebook by about 80 percent, says Lauren Bose, a Facebook data scientist. More than you think.

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Union AI raises $19.1M Series A to simplify AI and data workflows with Flyte

TechCrunch

Union AI , a Bellevue, Washington–based open source startup that helps businesses build and orchestrate their AI and data workflows with the help of a cloud-native automation platform, today announced that it has raised a $19.1 But there was always friction between the software engineers and machine learning specialists.

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AI in the C-suite: Using AI to shape business strategy

CIO

Schumacher and others believe AI can help companies make data-driven decisions by automating key parts of the strategic planning process. This process involves connecting AI models with observable actions, leveraging data subsequently fed back into the system to complete the feedback loop,” Schumacher said.

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Avnet CIO: Navigating the cloud and AI landscape with a practical approach

CIO

For example, we have an exciting use case for cleaning up our data that leverages genAI as well as non-generative machine learning to help us identify inaccurate product descriptions or incorrect classifications and then clean them up and regenerate accurate, standardized descriptions. Sometimes within as little as 24 hours.

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Tellius announces $8M Series A to build ML-fueled business data query tool

TechCrunch

. “Tellius is an AI-driven decision intelligence platform, and what we do is we combine machine learning — AI-driven automation — with a Google-like natural language interface, so combining the left brain and the right brain to enable business teams to get insights on the data,” Khanna told me.