Having a special interest in artificial intelligence, Kyle Wiggers is a senior reporter at TechCrunch and a VentureBeat contributor. You can find him on Twitter @wiggersventurebeat and on LinkedIn.
Kyle Wiggers is a senior reporter at TechCrunch with a special interest in artificial intelligence.
Founded in San Francisco, OpenAI is an artificial intelligence research laboratory. It received a US$1 billion investment from Microsoft. It is also considered a competitor to DeepMind. The company has also been backed by Silicon Valley venture firms and Elon Musk.
The company uses advanced computer vision models to analyze live video feeds. They then turn the footage into ready-to-use data. In their flagship product, Voxel51, the startup uses real-time, public street cam videos to score areas based on social behaviors. The software platform also makes it easier to access video data.
Aside from the flagship product, Voxel51 also offers machine learning-based solutions. They use a combination of pre-existing cameras and live video feeds to label video footage with motions over time. It then uses a cloud-based analytics platform to turn the footage into ready-to-use video data.
The company is also looking to expand its technology to help autonomous vehicles. Voxel51 has also launched a free AI tool that enables users to train the system to identify and classify objects.
Kyle Wiggers is a VentureBeat contributor.
Having said that, one would be remiss not to mention that a large percentage of companies actually spend more on advertising than on products and services. For example, a survey found that 71% of companies allocate the bulk of their marketing budgets to generic advertising messages. This translates to 12 percent of their annual revenue. Luckily, the good news is that companies like Adobe and IBM are starting to use artificial intelligence to inject a little personality into their advertising campaigns. The most interesting thing about the technology is that it’s actually pretty cheap and easy to implement. Using the technology, marketers can slap together some pretty clever ads without having to hire expensive agencies. In fact, IBM just announced three new marketing solutions under the Watson umbrella, and they’re all quite effective. These include the aforementioned me ming, as well as a handful of other AI products and services.
Kyle Wiggers is on Twitter: @wiggersventurebeat
Among the senior staff at TechCrunch is a man by the name of Kyle Wiggers. Besides his day job, the aforementioned titbit is the fact that he has a partner and an apartment in Brooklyn, New York. He possesses a degree from Ohio University and dabbles in a few idiosyncratic hobbies, including piano playing and hiking. Not only is he a jack of all trades, he also has a knack for tinkering with gadgets. He also happens to be a big fan of artificial intelligence, especially in the context of automation. One of his favorite projects is Skael, a company that makes no-code, enterprise-level software that automates digital workplace processes using AI and machine learning. The company has a $45 million Series B led by Viking Global. Wiggers will be keeping a close eye on the company’s progress.
The aforementioned aforementioned titbit also happens to be the name of a new service from Amazon Web Services (AWS), the so-called Lookout for Metrics. The service utilizes machine learning to analyze data and metrics to provide insight into the performance of business applications and services.