The Japanese firm’s investment in facial recognition startup AnyVision marks its second major funding of the tech since 2018. SoftBank’s investment carries a reputational risk and comes as Big Tech firms are publicly distancing themselves from facial recognition.
The YouTube recommendation algorithm regularly recommends misinformation and other content that violates the company’s own policies per a new study. The findings further highlight the inherent tensions social media companies face when relying on algorithms to both drive and moderate content.
In just five years, the physical framework of banking will be “dead,” according to bank executives around the globe—supplanted by digital ecosystems and supported by emerging technologies.
GM-backed connected car startup Wejo partnered with Microsoft and Palantir to improve its ability to store and analyze data. As connected cars take over roads, processing their treasure troves of data will be increasingly important.
New NHTSA rules would require carmakers to report crashes involving driverless cars or advanced driver assistance systems. Though some supporters claim rigid rules could hinder innovation, regulations will be needed to convince consumers of AV’s safety.
Five years and $50M dollars later, Columbus’, Ohio’s smart city project failed to revolutionize the city. Though the Transportation Dept.-backed project led to incremental mobility gains, growing public privacy concerns have hindered the smart city’s most transformational promises.
Twitter is the latest Big Tech firm to bolster its ethical AI research team with top tech critics. Enacting proposals from these teams could help Big Tech build back its fractured public trust.
The automaker acquired Boston Dynamics for $1.1B and is now the owner of Spot, which should help bolster its ambition to make walking cars.
Amazon’s investments in various AV projects could be the foundation for a bigger move into robotrucking.
he AV company revealed details around a supercomputer it’s using to train its computer vision neural network, which it hopes to use in Level 5 vehicles. Critics warn abandoning radar could come at the expense of safety.
Pharma companies are finding it difficult to hire data science talent—we think it’ll make AI drug discovery startups like Valo (who is going public via a $2.8B SPAC merger) attractive partners.