Business
Tesla is abandoning radar in favor of a self-driving system that relies entirely on cameras. The electric car maker announced it will no longer include radar sensors on Model 3 sedans and Model Y compact SUVs sold in North America.
Business
Language models are starting to take on programming work. SourceAI uses GPT-3 to translate plain-English requests into computer code in 40 programming languages. The French startup is one of several companies that use AI to ease coding.
Business
Automobile insurers are increasingly turning to machine learning models to calculate the cost of car repairs. The pandemic has made it difficult for human assessors to visit vehicles damaged in crashes, so the insurance industry is embracing automation.
Business
AI startups continue to roared ahead, global pandemic or no. Tech industry analyst CB Insights published its fifth annual list of the 100 most promising private AI companies.
Business
A robot inspector is looking over the shoulders of robot welders. Farm equipment maker John Deere described a computer vision system that spots defective joints, helping to ensure that its heavy machinery leaves the production line ready to roll.
Business
Commercial AI research and deployments are on the rise, a new study highlights. The latest edition of the AI Index, an annual report from Stanford University, documents key trends in the field including the growing importance of private industry and the erosion of U.S. dominance in research.
Business
Smart glasses in the works at Facebook may be equipped with face recognition. The social media colossus plans to market augmented-reality headgear, and it’s considering a feature that would overlay a person’s name on their face.
Business
Computer vision is alerting authorities the moment someone draws a gun. Several companies offer deep learning systems that enable surveillance cameras to spot firearms and quickly notify security guards or police.
Business
Corporations are tailoring their financial reports to be read by machines. Automated systems download far more company financial reports than humans, according to a study by the U.S. nonprofit National Bureau of Economic Research.
Business
Computer vision is helping people resell their used designer handbags. Rebag, a resale company for luxury handbags, watches, and jewelry, launched Clair AI, an app that automatically appraises second-hand bags from brands like Gucci, Hermes, and Prada.
Business
A survey of AI in large companies sees boom times ahead — if AI teams can get past issues that surround implementation. Businesses of all sizes are using more machine learning, spending more on it, and hiring more engineers to wrangle it.
Business
A new breed of self-driving car could kick the autonomous-vehicle industry into a higher gear. Zoox unveiled its first product, an all-electric, driverless taxi designed fully in-house.