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Clip Wall Street Journal A Letter Sealed for Centuries Has Been Read—Without Even Opening It (March 2) | MIT News

Clip Wall Street Journal A Letter Sealed for Centuries Has Been Read—Without Even Opening It (March 2) | MIT News
mit.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mit.edu Daily Mail and Mail on Sunday newspapers.

Jana Dambrogio , Sara Castellanos , Thomasf Peterson , Wall Street , சாரா காஸ்டெல்லானோஸ் , சுவர் தெரு ,

Enterprise tech startups among big winners in recent VC deals


Enterprise tech startups among big winners in recent VC deals
Dan Wright, president and chief operating officer at DataRobot Inc.
(DATAROBOT INC.)
Sara Castellanos
, The Wall Street Journal
US internet sector landed some $15 billion in funding in the fourth quarter, spurred in part by pandemic’s impact on digital-focused initiatives
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Startups that sell critical cloud-based business software proved to be among the winners of 2020’s venture-capital deals.
U.S.-based companies offering services over the internet, including startups selling software tools and services for artificial intelligence and cybersecurity, as well as e-commerce providers, closed on $15.3 billion in funding across 687 financing deals in the fourth quarter of 2020. ....

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AI Startup Sees Opportunity Forecasting Pandemic-Era Consumer Demand


Jan. 12, 2021 7:13 pm ET
Centricity Inc., a startup that uses artificial intelligence to help companies predict consumer demand for specific products in particular communities, is expected to raise $10 million in new venture-capital money this year.
The New York City-based company, one of many enterprise technology startups that have gained traction during the pandemic, uses AI algorithms to analyze some 2.5 billion data points’ worth of internet traffic a day to predict demand for products so that retailers can stock their shelves accordingly.
About 10 undisclosed companies in Europe, Canada and the U.S. are using Centricity’s software platform in sectors such as grocery, nonfood retail, apparel and consumer electronics, said Chief Executive Michael Brackett, who founded the company in late 2019. ....

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Supporting Responsible Use Of AI And Equitable Outcomes In Financial Services – Federal Reserve Governor Lael Brainard At The AI Academic Symposium Hosted By The Board Of Governors Of The Federal Reserve System, Washington, D.C. (Virtual Event)


Supporting Responsible Use Of AI And Equitable Outcomes In Financial Services – Federal Reserve Governor Lael Brainard At The AI Academic Symposium Hosted By The Board Of Governors Of The Federal Reserve System, Washington, D.C. (Virtual Event)
Date
12/01/2021
Today s symposium on the use of artificial intelligence (AI) in financial services is part of the Federal Reserve s broader effort to understand AI s application to financial services, assess methods for managing risks arising from this technology, and determine where banking regulators can support responsible use of AI and equitable outcomes by improving supervisory clarity.1
The potential scope of AI applications is wide ranging. For instance, researchers are turning to AI to help analyze climate change, one of the central challenges of our time. With nonlinearities and tipping points, climate change is highly complex, and quantification for risk assessments requires the analysis of vast amounts o ....

United States , New York , Zacharyc Lipton , Cynthia Rudin , Michelle Kambara , Michael Tyka , Westra Miller , Makada Henry Nickie , Ewen Callaway , Sarah Castellanos , Molly Mahar , Kennethp Brevoort , Jeff Ernst , Hod Lipson , Ziad Obermeyer , Rayid Ghani , Kavita Jain , David Rolnick , Carola Evans , Lael Brainard , Davide Castelvevchi , Carol Evans , Piotr Szapiezynski , Philipp Grimm , Alan Mislove , Christoph Molnar ,