After the announcement of Banjo’s Utah state contract and news of its white supremacist associations, a government audit was conducted by Dougall’s office. Banjo was originally marketed as a machine learning solution capable of detecting traffic accidents, active shooter incidents, and child abductions. However, after controversy, the company rebranded as safeXai.
An analysis of government funding for AI research has identified three key issues that must be addressed. These include the need to ensure that AI products are designed to be as inclusive as possible, avoiding bias, and ensuring that they are used in ways that benefit society. There are many risks associated with AI systems, but the best way to mitigate them is to use a variety of techniques. For example, risk assessments are a powerful tool for organisations to address uncertainty and future risks.
It’s important to evaluate these claims carefully. Failure to do so could result in millions of taxpayer dollars being wasted. Moreover, AI companies may be charlatans or white supremacist, compromising the public’s trust in the technology. As a result, it’s imperative to ensure that government officials carefully consider the claims made by surveillance software companies.
The problem is how to define ethical standards and apply them to AI systems. This is a difficult challenge, especially given that AI applications have become deeply ingrained in our daily activities. In many ways, these algorithms have no agency. Because of this, organizations can appeal to them and place their authority in their algorithms. While AI is a powerful tool for good and bad, questions remain about the ethical implications of such technologies.
In an effort to address the problem of AI-based systems causing discrimination, researchers have been increasingly active in developing auditing capabilities. Some companies have developed internal oversight mechanisms, while others have collaborated to create ethical AI codes of conduct. One example of an industry collaboration is the Partnership on AI, which has held stakeholder conversations about AI.
A freelance technology journalist, Sage Lazzaro has written for VentureBeat, Wired, OneZero, Vice, Refinery29, and Bustle. She has also covered enterprise technology, data privacy, and cybersecurity. She resides in San Francisco. Read more of Sage Lazzaro’s articles on VentureBeat.
The cybersecurity industry is on fire, but VCs aren’t too interested. Just a few years ago, there was no such thing as an “ethical AI.” But countless AI system failures have raised concerns about the risks of such systems. The future of work is likely to include CTOs, senior execs, and CIOs. By 2024, 80% of tech products will be built by non-technical professionals, not techies.
Sage Lazzaro is a senior reporter at VentureBeat. He has previously served as a Microsoft vice president and the chief analytics officer at Zillow. Before joining Insider, Lazzaro worked at VentureBeat as a senior reporter covering artificial intelligence. In addition to AI, he is also a former VP of security engineering at Appen.
Round for the company
Physna is an AI-powered 3D search engine that helps companies find the right parts for their products. The company’s Thangs search engine makes it easier for customers to find individual parts in physical objects and see how they fit together. Sequoia Capital led the series B funding round for the company. Drive Capital also participated.
Computer vision applications are becoming a necessary part of modern enterprises. Roboflow’s platform makes it easy for developers to build computer vision products. The company has raised $20M in a series A round led by Craft Ventures. The company says the money will go toward hiring.
Roboflow offers a complete software-as-a-service platform to build computer vision models more quickly and more efficiently. It has a suite of tools for image collection, image organization, annotating, training, and deployment. This enables teams to focus on solving domain problems that are difficult to tackle on their own.
The company is based in Des Moines, Iowa and uses AI technology to help customers build computer vision applications. The platform also helps users manage their datasets and workflows. Users can easily experiment with different configurations and labels to learn how to build better computer vision model
Series C Funding
AI-based customer support automation platform Aquant has closed a $70M series C funding round. This funding will allow Aquant to accelerate its growth and further develop its service intelligence technology. The new capital will also be used to expand the company’s engineering, go-to-market, and consumer provider teams. The company plans to add new positions in the US, Europe, and Israel, among other places.
Aquant uses deep service expertise combined with specialized Natural Language Processing (NLP) technology to provide vital information to service leaders. This is crucial as service has remained largely unchanged for decades, and executives are looking for ways to improve service. Aquant’s software empowers service leaders to provide exceptional service, as well as provide critical customer insights that can inform strategic business decisions.
Shahar Chen is the CEO of Aquant. The company combines tribal knowledge with data from service to provide service leaders with actionable insight. This data enables proactive, data-driven decisions, including customer satisfaction, asset performance, and compliance risks. It works with companies across different industries, including medical devices, industrial automation, appliances, and more. Aquant has a client list that includes 3D Systems, Siemens Healthineers, and The Home Depot.
Aquant’s latest round of funding has been led by Revolution Growth. The startup has previously raised $61.5M and is on its way to raising $70M. The company has also announced the appointment of Alex Crisses to the company’s board. IntSights will help customers protect their data by helping them identify and prevent security threats.
Aquant, a company that uses AI to assist customer service employees, recently closed a $70 million series C funding round. The round was led by Qumra Capital and included Insight Partners and Lightspeed Venture Partners. The company will use the money to expand its engineering and client services teams, as well as expand its go-to-market capabilities.
The round was led by Qumra Capital, with participation from Lightspeed Venture Partners and Insight Partners. The funding will be used to scale Aquant’s engineering and go-to-market teams.