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CIOs’ lack of success metrics dooms many AI projects

CIO

Many organizations have launched dozens of AI proof-of-concept projects only to see a huge percentage fail, in part because CIOs don’t know whether the POCs are meeting key metrics, according to research firm IDC. The potential cost can be huge, with some POCs costing millions of dollars, Saroff says.

Metrics 187
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Nvidia points to the future of AI hardware

CIO

However, CIOs looking for computing power needed to train AIs for specific uses, or to run huge AI projects will likely see value in the Blackwell project. As AI models get larger, they’ll require more performance for training and inferencing, the process that a trained AI uses to draw conclusions from new data, he says.

Hardware 148
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How we pivoted our deep tech startup to become a SaaS company

TechCrunch

Initially, we approached this as a hardware challenge until we determined that the key to meeting next-generation electric motor demand actually lies in software. Pivoting from hardware to SaaS was the right move for our electric motor design startup, but the process wasn’t precisely linear. An assessment of global trends (e.g.,

Company 247
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Gather AI secures new cash to scan inventory in warehouses using drones

TechCrunch

The trio had the idea to use drones to gather data — specifically data in warehouses, such as the number of items on a shelf and the locations of particular pallets. Arora co-founded Gather AI in 2019 with Daniel Maturana and Geetesh Dubey, graduate students at Carnegie Mellon’s Robotics Institute.

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Human toddlers are inspiring new approaches to robot learning

TechCrunch

Last month, Google’s DeepMind robotics team showed off its own impressive work, in the form of RT-2 (Robotic Transformer 2). Passive learning in this instance is teaching a system to perform a task by showing it videos or training it on the aforementioned datasets. The past year, we’ve seen a large number of fascinating studies.

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FPGA startup Rapid Silicon lands $15M to bring its first chip to market

TechCrunch

Field-programmable gate arrays (FPGA) , or integrated circuits sold off-the-shelf, are a hot topic in tech. The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. ” Rapid Silicon is developing two products at present: Raptor and Gemini. .

Marketing 215
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Cellino is using AI and machine learning to scale production of stem cell therapies

TechCrunch

technology, machine learning, hardware, software — and yes, lasers! Instead, human cells being used now in these clinical trials are mostly being made by hand by scientists who are looking at cells and evaluating — using their many years of training and expertise — which cells are low quality and need to be removed.