Emotion AI creator Affectiva acquires Smart Eye for $73.5M

MIT spin-out Affectiva, one of our most innovative companies to watch in 2021, has acquired Smart Eye for $73.5 million.

Affectiva is the creator of Emotion AI, a category of artificial intelligence which can understand human emotions, cognitive states, activities, and the objects people use through analysing facial and vocal expressions. The AI was trained using more than 10 million face videos from 90 countries.

Smart Eye are pioneers in eye-tracking that understands,...

26 May 2021 | Face Recognition

IBM Watson speeds up insurance claims by 70 percent

Turkey’s oldest insurance firm is using IBM Watson's AI-powered visual recognition to speed up automotive claims by 70 percent.

Anadolu Insurance is using IBM technology for assessing its auto claims – specifically, the IBM Watson Visual Recognition service.

On average, Anadolu reviews around 1200 vehicle damage files each day. Manually checking each file was a slow and tedious process, but – with 63 percent contradicting the amount of described damage – it’s a...

30 May 2019 | Artificial Intelligence

NVIDIA unveils Pegasus AI-powered supercomputer for self-driving robotaxis

NVIDIA has unveiled an AI-powered supercomputer called Pegasus to power ‘Level 5’ self-driving vehicles. The announcement was made during the company’s GTC Europe event in Munich, Germany, with the intention of making self-driving ‘robotaxis’ a reality. Pegasus is powered by four high-performance AI processors. It couples two of NVIDIA's newest Xavier system-on-a-chip processors — featuring an embedded GPU based on the NVIDIA Volta architecture — with two next-generation...

10 October 2017 | Robotics