Elemental, which is developing AI that "thinks before it talks", sold $59.95M worth of equity to 17 investors and plans to raise another $5.75M 
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| ISSUE #347: $60M RAISED BY SCIENTIST BEHIND IBM WATSON FOR NEW STARTUP August 24th 2023 |
| | | In the News | | | David Ferrucci has raised nearly $60 million for his artificial intelligence startup Elemental Cognition, according to a regulatory filing. cnbc.com | |
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| In The News | | This is what developers, engineers, and product managers make at Google, Apple, Meta, and Amazon businessinsider.com | |
| Digital Twinning What it refers to: Digital twinning is a virtual simulation of a real life system of physical objects that uses machine learning to help with decision making. digiday.com | |
| AI startup Hugging Face Inc. is reportedly seeking to raise $200 million in venture capital. It's said that Salesforce Inc. will lead the proposed round, which will more than double the privately-held company's valuation, which currently stands at $2 billion. siliconangle.com | |
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| | Applied use cases | | But the prospect of using artificial intelligence, including machine learning, to identify species of animals, plants and fungi is catching on in wider and wider circles. smithsonianmag.com | |
| The social media company is seeking to patent a system for "emotion-based text to speech." Snap's system uses AI to derive emotions from text, and uses that input to help its text-to-speech systems give more realistic output. thedailyupside.com | |
| With more advanced technologies, like machine learning and deep learning, generative AI is set to revolutionize the gaming industry, leading to highly immersive, personalized, and realistic gaming experiences. Let's explore some of the remarkable use cases of AI in games. maketecheasier.com | |
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| | Ethics | | Amid the rapid adoption of AI technology by HR departments, a joint study conducted by NUS Business School, the International Institute for Management Development (IMD), and The Hong Kong Polytechnic University delved into a vital question. phys.org | |
| Summary Science-fiction movies about artificial intelligence serve as a cautionary tale, exploring the dangers and unforeseen consequences of advanced technology. screenrant.com | |
| When President Joe Biden has questions about artificial intelligence, one expert he turns to is his science adviser Arati Prabhakar, director of the White House Office of Science and Technology Policy independent.co.uk | |
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| | Robotics | | Take Jibo, a social robot designed by Massachusetts Institute of Technology robotics professor Cynthia Breazeal, which could recognise faces, understand and respond to things people say, do home assistant tasks, and even dance. thestar.com.my | |
| Recently, the company unveiled "working" robots that attempt to negotiate job sites, setting up warehouse ramps and delivering tools to human colleagues. strategy-business.com | |
| Regular Maintenance: Robots, like any other machine, require regular maintenance to ensure they continue to function properly. hospitalitynet.org | |
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| | Research | | In this study, we aimed to develop deep learning based AI models with clinical images we collected for five skin NTDs, namely, Buruli ulcer, leprosy, mycetoma, scabies, and yaws, to understand how diagnostic accuracy can or cannot be improved using different models and training patterns. plos.org | |
| Deep learning algorithms based on artificial neural networks are completely changing information processing methods in many scientific and engineering fields. The implementation of diffractive neural networks using metasurfaces helps to obtain miniaturized intelligent integrated optical devices. techxplore.com | |
| In the world of software development, machine learning frameworks play a pivotal role, providing developers with powerful AI tools, libraries, and algorithms to harness the potential of machine learning efficiently. dzone.com | |
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