TechTaffy

tech:

taffy

Baidu, Xiaomi to work together on AI, IoT technologies

By TechTaffy Desk

Baidu and Xiaomi have entered into a partnership to collaborate on artificial intelligence (AI) and Internet of Things (IoT) technologies, including voice, computer vision, natural language processing, knowledge graph, deep learning, augmented reality and virtual reality.

Xiaomi has more than 280 million active users worldwide, and has accumulated a huge amount of data. The company’s IoT platform has more than 85 million connected devices. Baidu is using its DuerOS conversational AI system to make voice-enabled devices. DuerOS has more than 130 partners and is embedded in products including smart phones, TVs, speakers, smart watches and home appliances.

[Image courtesy: Xiaomi]

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 
AI

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.