Daily AI ML Roundup: Latest Artificial Intelligence News

By AIT Staff Writer On Aug 24, 2021

This is your 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.

Cresta Welcomes Google Contact Center AI Co-Founder as Market Reaches $26 Billion in Spending

AI Pioneer Ping Wu Joins as Vice President of Engineering and Product to Accelerate Technology Roadmap and Innovation

Wu joins Cresta’s industry-only team of dedicated contact center AI experts as they enable customers to realize a 20% improvement in conversion rate, 25% greater average order value, and millions of dollars in additional annual revenue in weeks upon deployment of its Expertise AI platform. Prior to joining Cresta, Wu co-founded Google’s Contact Center AI Solution in 2017, and oversaw the development of its Conversational AI Products, including Cloud Dialogflow, Cloud Translation, NLP & Speech as well as AI Platform products such as Vertex AI, AutoML products, among others.

Shelf.io Raises $52.5 Million in a Series B To Accelerate Growth Of AI-Driven Answers Automation Platform

95 Percent of Retail Leaders Prioritize AI, but Only 40 Percent Feel Ready Due to Data Gaps

Nov 21, 2024

Baffle Announces Vector Database Protection to Enhance Data Security for GenAI Applications

Nov 21, 2024

H2O.ai Generative and Predictive AI Now Validated on the Dell AI Factory with NVIDIA

Nov 21, 2024

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Shelf’s platform helps every employee – from management to customer support agents – find answers to any question. Through AI-driven answer automation, Shelf reduces the average time-to-answer for customer service reps from more than four minutes to less than 20 seconds, reduces agent handle time by 25% and decreases support escalations by 40%.

Digital Transformation News:

NICE Evidencentral Marketplace, The First Open Ecosystem For Digital Transformation Of Law Enforcement and Criminal Justice, Adds Five Technology Partners

NICE announced that five technology partners have joined the fast-growing Evidencentral Marketplace, the first, open digital evidence management ecosystem created to accelerate digital transformation of emergency communication centers, law enforcement and criminal justice. NICE’s Evidencentral Marketplace connects agencies to an ecosystem of solutions designed to work with the NICE Evidencentral platform, helping them improve their incident response and operational intelligence, automate investigations, accelerate charging decisions, and reduce discovery backlogs. The new partners joining the Evidencentral Marketplace are Aeon Nexus, Hexagon, Niche Technology, PublicSonar and Word Systems iRecord.

Robotic Process Automation News:

UiPath Announces Major Partner Sponsors Supporting FORWARD IV, the Largest Global Conference for Automation Professionals

UiPath, Inc. (PATH), a leading enterprise automation software company, announced sponsorships are nearly sold out for its user conference, FORWARD IV, taking place at the Bellagio in Las Vegas on Oct. 5-6, 2021. The conference represents the largest global gathering of automation experts and practitioners, with thousands expected to attend to hear UiPath experts, customers, partners, and notable guest speakers showcasing how automation is accelerating human achievement.

Top DataOps News:

Privacera and Streamsets Join Forces to Provide Rapid, Secure DataOps With Reinforced Data Security & Compliance

Privacera, the cloud data access governance and security leader founded by the creators of Apache Ranger, announced a technology partnership with StreamSets, Inc., provider of the industry’s first DataOps platform. This new integration ensures joint customers’ data is secured whether accessing it for data processing, or migrating it from on-premises data repositories to the cloud.

MarTech News:

BigCommerce Scores 16 Total Medals in 2021 Paradigm B2B Combine Midmarket and Enterprise Editions

BigCommerce (BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, announced it received high honors as a top solution in both the 2021 Paradigm B2B Combine (Midmarket Edition) and 2021 Paradigm B2B Combine (Enterprise Edition) with 16 total medals earned in ten featured categories. This year’s evaluation debuts BigCommerce into the Paradigm B2B Combine (Enterprise Edition).

AdTech News:

Integral Ad Science Accelerates Product Innovation With Top Engineering Appointments

Integral Ad Science, a global leader in digital media quality, announced the appointment of two new senior leaders to drive its engineering efforts and accelerate innovation. Gerald Mui has joined the company as VP of Data Engineering and Song Du will join as SVP, Product Engineering effective September 1, 2021. Based in New York, both will report directly to IAS Chief Technology Officer, Tony Lucia.

Cybersecurity News:

Trend Micro Detected Nearly 13 Million Malware Events Targeting Linux-Based Cloud Environments

Trend Micro Incorporated, a global cybersecurity leader, released new research on the state of Linux security in the first half of 2021. The report gives valuable insight into how Linux operating systems are being targeted as organizations increase their digital footprint in the cloud and the pervasive threats that make up the Linux threat landscape.