Internet marketing firm Scorpion raises $100 million from Bregal Sagemount - Reuters

Scorpion has raised $100 million in funds from investment firm Bregal Sagemount to expand its technology and customer offerings, the internet marketing services provider said on Wednesday. Read more at Reuters

Nvidia announces Arm-based 'Grace' server chip in direct challenge to Intel - Reuters

Nvidia Corp on Monday said it plans to make a server processor chip based on technology from the United Kingdom's Arm Ltd, putting it in the most direct competition yet with rival Intel Corp and adding a layer of complexity to the antitrust review of Nvidia's Read more at Reuters

AI chip maker SambaNova raises $676 million, valued at over $5 billion - Reuters

AI chip maker SambaNova raises $676 million, valued at over $5 billionReuters
Read more at Reuters

Microsoft Makes a $16 Billion Entry Into Health Care AI

The company plans to buy Nuance, a speech-recognition firm that grasps the specialized language of medicinetech that wont be easy for others to replicate. Read more at Wired

BMWs Virtual Factory Uses AI to Hone the Assembly Line

The German automaker uses new software from chipmaker Nvidia to simulate train robots and human workers.
Read more at Wired

Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source - Saskatoon StarPhoenix

1. Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -sourceSaskatoon StarPhoenix
2. Microsoft reportedly in talks to purchase AI and speech technology firm Nuance CommunicationsBusiness Insider
3. Microsoft Read more at Financial Post
   
   

   Microsoft in talks to buy AI firm Nuance Communications for about $16 billion - TheChronicleHerald.ca

   2021-04-11 08:10:42 UTC

   

   1. Microsoft in talks to buy AI firm Nuance Communications for about $16 billionTheChronicleHerald.ca
   2. Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -sourceFinancial Post
   3. Microsoft in advanced talks Read more at TheChronicleHerald.ca
      
      

      : This robot-run fund with a history of predicting Tesla price moves has just made these stock picks

      2021-04-14 10:42:00 UTC

      An exchange-traded fund driven by artificial intelligence has correctly predicted Tesla price movements, and recently shared its most recent portfolio additions and subtractions with MarketWatch. Read more at MarketWatch

      
      

      EU commission to take hard-line stance against high-risk AI

      2021-04-13 19:45:35 UTC

      The European Commission is set to unveil a new set of regulations for artificial intelligence products. While some AI tech would be outright banned, other potentially harmful systems would be forced through a vetting process before developers could release th Read more at The Next Web

      
      

      AI Comes to Car Repair, and Body Shop Owners Arent Happy

      2021-04-13 11:00:00 UTC

      During the pandemic, insurers accelerated the use of automated tools to estimate repair costs. Garage operators say the numbers can be wildly inaccurate. Read more at Wired

      
      

      Study: People trust the algorithm more than each other

      2021-04-13 22:42:24 UTC

      Our daily lives are run by algorithms. Whether were shopping online, deciding what to watch, booking a flight, or just trying to get across town, artificial intelligence is involved. Its safe to say we rely on algorithms, but do we actually trust them? Up f Read more at The Next Web

      
      

      How Microsofts new $16B acquisition could bring AI to your doctors office

      2021-04-14 08:00:59 UTC

      The tech giant bought speech AI pioneer Nuance as part of a push into healthcare. But transformational speech transcription algorithms may still have a long way to go. On Tuesday, Microsoft announced it had acquired Nuance Communications for $16 billion. Nuan Read more at Fast Company

      
      

      Latest Microsoft megadeal ropes in Simpson Thacher, Paul Weiss and Kirkland - Reuters

      2021-04-12 22:54:00 UTC

      Latest Microsoft megadeal ropes in Simpson Thacher, Paul Weiss and KirklandReuters
      Read more at Reuters

      
      

      Exclusive: Insurance startup Clearcover raises $200 million from Eldridge, others at $1 billion valuation - Reuters

      2021-04-13 09:44:00 UTC

      Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday. Read more at Reuters

      
      

      With a team that helped build the brain behind Alexa, HomeX raises $90M

      2021-04-13 13:15:02 UTC

      HomeX, a home services platform for homeowners and service providers, has raised $90 million in a funding round led by New Mountain Capital. New Mountain Capital, a New York-based investment firm with more than $30 billion in assets under management, was the Read more at TechCrunch

      
      

      Mapping AIs Societal Impact

      2021-04-14 17:00:00 UTC

      AI is more than just code and algorithms. Its an industry built on a global network of resource extraction, human labor, and data collection. Read more at Harvard Business Review

      
      

      What Happens When You Have a Heart Attack on the Way To Mars?

      2021-04-14 20:41:00 UTC

      If your heart stops en route to Mars, rest assured that researchers have considered how to carry out CPR in space. (One option is to plant your feet on the ceiling and extend your arms downwards to compress the patient's chest.) From a report: Astronauts, bec Read more at Slashdot.org

      
      

      Korean Workers Need To Make Space For Robots, Minister Says

      2021-04-15 00:02:00 UTC

      An anonymous reader quotes a report from Bloomberg: South Koreans must learn how to work alongside machines if they want to thrive in a post-pandemic world where many jobs will be handled by artificial intelligence and robots, according to the country's labor Read more at Slashdot.org

      
      

      US STOCKS-Futures slip after S&P 500, Dow's record close; earnings, data in focus - Reuters

      2021-04-12 11:03:00 UTC

      U.S. stock index futures dipped on Monday after the S&P 500 and the Dow closed at record levels in the previous session, as investors geared up for the start of the earnings season and a key inflation report this week. Read more at Reuters

      
      

      MORNING BID-Calm before the CPI - Reuters

      2021-04-13 07:03:00 UTC

      Today's focus is squarely on U.S. March inflation data which is expected to show a rise to 2.4%. Obviously the jump is down to base effects, especially from last year's oil price collapse which markets are fully aware of. The question is how bond markets reac Read more at Reuters