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Predibase exits stealth with a low-code platform for building AI models

TechCrunch

-based companies, 44% said that they’ve not hired enough, were too siloed off to be effective and haven’t been given clear roles. “The major challenges we see today in the industry are that machine learning projects tend to have elongated time-to-value and very low access across an organization.

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Molecule.one grows its drug synthesis AI platform with a $4.6M seed round

TechCrunch

Its machine learning systems predict the best ways to synthesize potentially valuable molecules, a crucial part of creating new drugs and treatments. The company leverages machine learning and a large body of knowledge about chemical reactions to create these processes, though as CSO Stanis? . odarczyk-Pruszy?ski

Chemicals 246
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Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot

TechCrunch

Online education tools continue to see a surge of interest boosted by major changes in work and learning practices in the midst of a global health pandemic. “We’re seeing tremendous demand on the enterprise and government side,” said Gabe Dalporto, Udacity’s CEO who joined the company in 2019.

Education 295
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Palantir alums raise $25M from Peter Thiel’s Founders Fund and other VCs for their finance startup, Mosaic

TechCrunch

Bijan Moallemi, Joe Garafalo and Brian Campbell started San Diego-based Mosaic in 2019 after meeting at Palantir Technologies, where they worked on building out that company’s finance organization to 2,500 people and over $750 million in revenue. Over the past year, it saw its annual recurring revenue (ARR) grow by 4x. “We

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Gather AI secures new cash to scan inventory in warehouses using drones

TechCrunch

The proceeds bring the company’s total raised to $17 million, which CEO Sankalp Arora says is being put toward expanding Gather’s deployment capacity and go-to-market plans as well as hiring new machine learning engineers. So does Pensa Systems, Vimaan, Intelligent Flying Machines , Vtrus and Verity.

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5 questions CIOs must ask after Southwest Airlines’ failure

CIO

billion in stock buybacks between 2017 and 2019. In 2017, Fast Company wrote that Southwest Airlines’ digital transformation “takes off” with an $800 million technology overhaul, but only $300 million was dedicated to new technology for operations. While weather may have been the root cause, the 16,000 flights canceled between Dec.

Airlines 216
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3 Reasons You Should Add AIOps to Your Tooling Arsenal

OverOps

AIOps, at its core, is a data-driven practice of bridging resources and leveraging AI and machine learning to make predictions based on historical data. Machine learning and artificial intelligence are complex concepts. AIOps seems to be all the rage these days, and it’s not hard to figure out why. Let’s do it.