Adam Coates, director of Baidu’s Silicon Valley AI Lab, has left the company. A source confirmed the exit and Coates has updated his LinkedIn reflecting the change. Coates joined the Chinese search giant back in May of 2014 to lead a California-based team of 50 machine learning developers. Baidu has built up an established proficiency in natural language processing. While at Baidu,… Read More
06
2017
IBM and MIT pen 10-year, $240M AI research partnership
IBM and MIT came together today to sign a 10-year, $240 million partnership agreement that establishes the MIT-IBM Watson AI Lab at the prestigious Cambridge, MA academic institution. The lab will be co-chaired by Dario Gil, IBM Research VP of AI and Anantha P. Chandrakasan, dean of MIT’s School of Engineering. Big Blue intends to invest $240 million into the lab where IBM researchers… Read More
07
2017
IBM touts improved distributed training time for visual recognition models
Two months ago, Facebook’s AI Research Lab (FAIR) published some impressive training times for massively distributed visual recognition models. Today IBM is firing back with some numbers of its own. IBM’s research groups says it was able to train ResNet-50 for 1k classes in 50 minutes across 256 GPUs — which is just the polite way of saying “my model trains faster than… Read More
14
2015
Experian Sells Hitwise To Connexity, Simmons To Connexity Owner Symphony For Up To $52M
Some more chopping, changing and consolidation in the worlds of traffic analysis and fraud protection. Today it was announced that Experian, one of the world’s biggest credit ratings agencies, is selling off its two well-known analytics divisions in a $51.5 million deal. Hitwise, the traffic measurement company, is being sold to Connexity; and Simmons, which publishes the National… Read More
20
2015
Clinical Study Software Platform goBalto Raises $12M In New Funding
goBalto, a software company that wants to make running clinical drug trials easier and faster, announced today that it has picked up an additional $12 million in funding from Mitsui Global Investment and Dolby Family Ventures. Read More
12
2015
80% Of All Online Adults Now Own A Smartphone, Less Than 10% Use Wearables
If people are looking to Apple and its new smartwatch to kickstart wider consumer interest in wearable computing gadgets, the maker of the iPhone will have a lot of work ahead of it. New research out from the GlobalWebIndex indicates that in a survey of 170,000 adult internet users across 32 markets, only 9% report having a smartwatch, and 7% said they owned smart wristbands. In… Read More