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Facebook is speeding up training for visual recognition models

9 years 4 months ago
 Every minute spent training a deep learning model is a minute not doing something else, and in today’s fast-paced world of research, that minute is worth a lot. Facebook published a paper this morning detailing its personal approach to this problem. The company says it has managed to reduce the training time of a ResNet-50 deep learning model on ImageNet from 29 hours to one. Read More

Yubico raises $30M as it looks to expand its platform beyond authentication

9 years 4 months ago
 Yubico, the company behind the increasingly popular YubiKey two-factor authentication key, has raised a $30 million funding round. This marks the first major institutional funding round for Yubico, which had previously only raised $4.5 million from angel investors. New investors include New Enterprise Associates, the Valley Fund and Bure, a major growth equity firm from Sweden. Existing… Read More

iOS 11’s new ‘Password Autofill for Apps’ won’t work with (or replace) your favorite password manager

9 years 4 months ago
 The next version of Apple’s iOS operating system, iOS 11, is going to make it easier for you to log into your apps. The new mobile operating system’s software will introduce a new feature called “Password AutoFill for Apps,” which will offer easy access to your passwords right from the iOS keyboard when you’re on an app’s login screen. Read More

MindMaze buys Gait Up to add motion analysis to its VR platform

9 years 4 months ago
 Some consolidation is afoot in the world of virtual reality. MindMaze, a startup based out of Switzerland that has been building a VR platform to map and respond to brain activity for applications in healthcare and other fields, is making its first acquisition: Gait Up, a developer of motion analytics used in smart watches and other hardware. Read More

Revolut takes venture debt from Triplepoint Capital before ‘impending large equity round’

9 years 4 months ago
 Revolut, the rather noisy London fintech startup that offers a card and current account features, coupled with low currency exchange, has taken venture debt from U.S.-based Triplepoint Capital, according to a regulatory filing. The amount remains undisclosed, though I understand the financing is to see the company through to a much larger Series B round currently in the works. Read More

Microsoft acquires Israeli security firm Hexadite, sources say for $100M

9 years 4 months ago
 Yet more activity in the world of cybersecurity. Microsoft today confirmed that it has acquired Hexadite, an Israeli startup that uses AI to identify and protect against attacks. The idea is to expand Microsoft’s existing security portfolio with an infusion of new technology based around new innovations in areas like AI and machine learning. Read More

Where to watch the James Comey testimony online and on TV

9 years 4 months ago
 Former FBI Director James Comey is set to give testimony in front of the Senate Intelligence Committee regarding his relationship with Trump during the Russia/Mike Flynn investigation. Yesterday, his prepared statement went public — a seven-page document that tells the story of Trump’s pressure for loyalty from the FBI. Needless to say, people are anxious to watch the public testimony. Read More

Algolia raises $53 million for its search engine API

9 years 4 months ago
 French startup Algolia just raised a $53 million Series B round led by Accel, a couple of years after raising $18.3 million with… Accel also leading the round. So it looks like it’s a love story between the VC firm and the software-as-a-service startup. Read More

Roli brings the rubbery Seaboard piano to its modular Blocks system

9 years 4 months ago
 London-based Roli has created two of the most compelling music-making devices in recent memory. It was a no-brainer, really, that the company would eventually bridge the gap between the two. Roli’s done the job by creating a modular version of its Seaboard MIDI controller that slots directly alongside existing Blocks, plugging into the system’s magnetic daisy-chained setup. Read More

Addepar raises $140 million so more of the ultra rich can know exactly what they’re doing with their money

9 years 4 months ago
 Addepar, the provider of data collection and monitoring services for the financial industry (it’s Palantir’s somewhat less ethically compromised cousin), has raised a whopping $140 million in its latest round of funding. Think of Addepar as the tool that gives portfolio managers for the world’s super rich a way to see exactly what those super rich own. Read More

Cognata receives $5M to speed up autonomous testing

9 years 4 months ago
 Rand Corporation reported in 2016 that autonomous cars would need to be tested over 11 billion miles in order to prove they’re better drivers than humans. With a fleet of 100 cars running 24 hours a day, that would take 500 years. That seems both improbable and impractical, so companies like Cognata are filling the autonomous vehicle testing void with virtual miles. Read More
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