A Chorus Of Artificial Intelligence
It was a big weekend in music… and in artificial intelligence.
Ford Motor Company announced that it had made Detroit’s biggest investment yet in self-driving technology, acquiring a majority stake in artificial intelligence startup Argo AI for $1 billion.
Silicon Angle reported that Argo was founded by veterans of self-driving car projects at Google and Uber, and that Argo AI will become a subsidiary of Ford under the new deal.
“As Ford expands to be an auto and a mobility company, we believe that investing in Argo AI will create significant value for our shareholders by strengthening Ford’s leadership in bringing self-driving vehicles to market in the near term and by creating technology that could be licensed to others in the future,” said Ford President and Chief Executive Mark Fields.
– via SiliconANGLE
On a related AI front, Chorus.ai, a sound-centric AI firm looking to extract insights from audio, garnered a $16M Series A.
TechCrunch is reporting that Chorus will join conference calls, record and transcribe content in real-time, and then have its platform flag important action items and topics that came up over the duration of calls.
At press time, it was not yet clear what Chorus.ai would make of toilet sounds flushing in the background for those individuals who forgot to go on mute, but this blogger suspects it could lead to a whole other content types with respect to conference call actions.