Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates

By AiT Analyst On Aug 2, 2022

This is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.

Burns & Levinson Represents Syrup Tech in $6.3 Million Seed Funding Round

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Burns & Levinson represented Syrup Tech, the AI-powered predictive software platform for inventory excellence in commerce, in its $6.3 million seed funding round led by Gradient Ventures, Google’s AI-focused venture fund. The round also included Flybridge Capital, Firstminute Capital, Rackhouse Ventures, as well as Angel investors including (former) executives at Adidas, Bonobos, Salesforce, ASOS, ThredUp, Casper, Zalando, and Stripe. 1984 Ventures, who led the company’s pre-seed round last year, continued investing in this round.

InterDigital’s Xiaofei Wang Appointed Chair of the IEEE 802.11 Topic Interest Group (TIG) for Artificial Intelligence ML

InterDigital, Inc., a mobile and video technology research and development company, applauded the appointment of Xiaofei Wang to serve as Chair of the Topic Interest Group for Artificial Intelligence and Machine Learning (AIML) in IEEE 802.11, the IEEE working group dedicated to standards for wireless local area networks (WLAN).

Frasers Property Australia Selects Juniper Networks to Simplify Connectivity and Enhance End-User Experience Across Diverse Operations Nationwide

Juniper Networks a leader in secure, AI-driven networks, announced that Frasers Property Australia and Frasers Property Industrial in Australia, one of Australia’s leading diversified property groups and an Australian divisions of the multi-national Frasers Property Limited, has selected Juniper Networks to upgrade its network infrastructure, enhancing business agility and IT efficiency across Australia. With a modern, AI-driven network, Frasers Property Australia has increased customer satisfaction and loyalty while reducing the time to implement network changes from an average of six weeks to five minutes.

Accenture Acquires Tenbu to Expand Data and AI Capabilities and Unlock Business Value Across the Cloud Continuum

Accenture has acquired Tenbu, a cloud data firm that specializes in solutions for intelligent decision-making and planning through areas such as analytics, big data and machine learning. With more than 150 certifications, Tenbu’s team of 170 data specialists will join the Data & AI team within Accenture Cloud First. Terms of the acquisition were not disclosed.

Crowdworks Registers its First US Patent

Crowdworks (CEO Park Min-woo), an Artificial Intelligence (AI) training data platform company, recently announced that it had completed the registration of a US patent for ‘Technology for AI target training image sampling’.

UiPath Acquires Re:infer Bringing Natural Language Processing to Enhance Everyday Customer Conversations Through Automation

Leading enterprise automation software company, UiPath announced it has acquired Re:infer, a London-based natural language processing (NLP) company for unstructured documents and communications. Founded in 2015 by Ph.D. scientists from the AI research lab at University College London, Re:infer uses machine learning (ML) technology to mine context from communication messages and transform them into actionable data with speed and accuracy.