machine learning

Sarcos Defense, a subsidiary of Sarcos Technology and Robotics Corporation , announced that it has received a $13.8 million USD contract from Warner Robins Air Logistics Complex, Robins Air Force Base, Georgia. The award results from an innovative AFWERX AFVentures opportunity for its Strategic Funding Increase (STRATFI) program.

A new study conducted by Juniper Research predicts a substantial increase in global spending on regulatory technology (regtech) by financial institutions and other industries. According to the study, regtech spend is projected to rise by 124% between 2023 and 2028, reaching a staggering $207 billion.

Luxembourg based company emma is making waves in the cloud computing industry with its solution for managing multiple cloud environments. The company provides a platform that allows customers to manage their various cloud deployments through a single tool, offering visibility and control over resources, team members, and spending.

End-to-end, no-code multi-cloud management application platform emma, today announces that it has raised $6 million in Seed funding in a round led by RTP Global, with participation from AltaIR Capital and CircleRock Capital.

Amazon Web Services (AWS) and AI startup Hugging Face will be partnering to bring the language generation tool to customers of the AWS cloud. This announcement illustrates the heated arms race in AI, which saw both Microsoft and Google investing heavily in AI.

Mindtech Global, developer of a platform for the creation of synthetic data for training AI, has published details on how machine learning engineers can radically speed up the time it takes to train their AI vision systems to see and understand the world around them.

A UK healthcare AI company says winning the ‘Nobel Prize’ in biopharmaceutical research for its X-ray analysis algorithm is important proof of the scientific validity of using Machine Learning in diagnosis.

Real-world confirmation of extensive penetration of machine learning into the FS sector seem to back up claims of significant ROI by automation vendors.

CIOs and CFOs who want to maximize the benefits of automation increasingly turn to the next step, the addition of Artificial Intelligence (AI) functions. Increasingly, automation solutions are designed to help organizations tackle not only single processes but achieve end-to-end automations, by adding  technologies like machine learning (ML) and natural language processing. This week UiPath organized the AI Summit, where these trends were discussed. Rocking Robots sat down with Boris Krumrey, Global VP Automation Innovations at UiPath.

Fashion start-up Lalaland will run its e-commerce fashion platform on Amazon Web Services. Virtual fashion models are generated on this platform using AI and machine learning, representing different body types, sizes, hair types and skin tones that are closest to the shopper’s preference.