Onit acquires legal startup McCarthyFinch to inject AI into legal workflows
Onit, a workflow software company based in Houston, announced this week that it has acquired 2018 technewss Disrupt Battlefield alum McCarthyFinch. Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings.
The companies did not share the purchase price.
Mac-optimized TensorFlow flexes new M1 and GPU muscles
A new Mac-optimized fork of machine learning environment TensorFlow posts some major performance increases. Although a big part of that is that until now the GPU wasn’t used for training tasks (!), M1-based devices see even further gains, suggesting a spate of popular workflow optimizations l
IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision
As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy.
The companies did not reveal the purc
Google Pay gets a major redesign with a new emphasis on personal finance
Google is launching a major redesign of its Google Pay app on both Android and iOS today. Like similar phone-based contactless payment services, Google Pay — or Android Pay as it was known then — started out as a basic replacement for your credit card. Over time, the company added a few
China’s smartphone giant Oppo ratchets up AR push
Tech companies around the world are still identifying the “next big thing” enabled by 5G connections. Some, such as Oppo, are betting it will be augmented reality.
The Chinese smartphone firm showcased its progress in AR at a Tuesday event swarmed by hundreds of reporters, analysts, and
Google has created an AI-powered nightmare creature generator
Google has taken the wraps off Chimera Painter, a web-based tool that lets anyone generate terrifying cryptozoological entities in an interface that looks like MS Paint by way of Diablo. Why, you ask? Well, isn’t it obvious? No… no, I suppose it isn’t.
Surely the strangest thing t
Construction tech startups are poised to shake up a $1.3-trillion-dollar industry
In the wake of COVID-19 this spring, construction sites across the nation emptied out alongside neighboring restaurants, retail stores, offices and other commercial establishments. Debates ensued over whether the construction industry's seven million employees should be considered “essential,
Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order
AMP Robotics, the manufacturer of robotic recycling systems, has received its largest purchase order from the publicly traded North American waste handling company Waste Connections.
The order, for 24 machine learning-enabled robotic recycling systems, will be used on container, fiber and residue l
Deep Vision announces its low-latency AI processor for the edge
Deep Vision, a new AI startup that is building an AI inferencing chip for edge computing solutions, is coming out of stealth today. The six-year-old company’s new ARA-1 processors promise to strike the right balance between low latency, energy efficiency and compute power for use in anything
OthersideAI raises $2.6M to let GPT-3 write your emails for you
When I send an email, it’s special. A crafted, beautiful thing that — who am I kidding, it’s mostly automatic. So why not automate it? OthersideAI is taking this idea (with a $2.6 million seed round) beyond the auto-responders and smart replies, using OpenAI’s GPT-3 language gen
Honda to mass-produce Level 3 autonomous cars by March
Honda claims it will be the first automaker to mass-produce vehicles with autonomous capabilities that meet SAE Level 3 standards, with plans to begin producing and selling a version of its Honda Legend luxury sedan with fully approved automated driving equipment in Japan from next March. Honda ann
Inside fintech startup Upstart’s IPO filing
While the world awaits the Airbnb IPO filing that could come as early as next week, Upstart dropped its own S-1 filing. The fintech startup facilitates loans between consumers and partner banks, an operation that attracted around $144 million in capital prior to its IPO.
First Round Capital, Khosla
Walmart reportedly ends contract with inventory robotics startup Bossa Nova
Robotics and automation startups have seen a strong uptick in interest over the course of the pandemic. And it's easy to see which companies have a newfound interest in automating their workforce amid a seemingly endless virus-driven shutdown. But Walmart, which has long promised to take an inc
Big tech’s ‘blackbox’ algorithms face regulatory oversight under EU plan
Major Internet platforms will be required to open up their algorithms to regulatory oversight under proposals European lawmakers are set to introduce next month.
In a speech today Commission EVP Margrethe Vestager suggested algorithmic accountability will be a key plank of the forthcoming legislati