A|I: The AI Times – Inside Instagram’s AI

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Today in funding ($10.26 million): Winterlight Labs, Casca

Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much.


RECOMMENDED BY MICROSOFT FOR STARTUPS:

TechCrunch

Ghost wants to retrofit your car so it can drive itself on highways in 2020

“Autonomous vehicle startup Ghost emerged from stealth with $63 million in funding and aims to outfit existing cars with autonomous driving capabilities. Read more on how they plan to develop their kit.”Adam Nanjee, Microsoft for Startups


Bokio, the Swedish startup simplifying accountancy with AI, raises €4 million round led by Creandum

Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4 million.


TechCrunch

Taiwan’s Appier raises $80M for AI-based marketing technology

The company has raised $162 million to date, with previous investors including Alibaba, Sequoia, SoftBank, and Line.


Startup Deep 6 lands $17 million to use AI to help find patients for clinical trials

In a given case study, it took six months to find 12 eligible patients for a trial, while the same matching process through Deep 6’s software found 80 potential people in minutes.


BetaKit

RBC injects $3 million into new data analytics, AI partnership with Western University

Western and RBC have announced a partnership that will create a new university program focused on the ethical and social aspects of data analytics and AI.


TechCrunch

Foodvisor raises $4.5 million to track what you eat using AI

French startup Foodvisor has raised a $4.5 million funding round after generating 2 million app downloads.


Former Go champion beaten by DeepMind retires after declaring AI invincible

“Even if I become the number one, there is an entity that cannot be defeated.”


TechCrunch

Inside the Instagram AI that fills Explore with fresh, juicy content

Instagram has posted an article describing the behind-the-scenes machinery that fills the Explore tab in Instagram with new, interesting stuff every time you open it.


Prague-based Rossum raises €4 million to automate data extraction with AI

Every day, the equivalent of 100 human lifetimes are estimated to be spent globally on the manual input of data from invoices alone. Rossum streamlines this process by boosting efficiency and driving down costs


AI is not similar to human intelligence. Thinking so could be dangerous

Thinking an artificial intelligence works in the same way as a human brain can be misleading and even dangerous, says a recent paper in Minds and Machines.


TechCrunch

Engineer.ai launches its Builder Now platform for rapid app prototyping and building

Engineer.ai combines AI with crowdsourced teams of designers and developers to build bespoke digital products faster that it would take to create a team.



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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.