TechTaffy

tech:

taffy

Google Brain founder Andrew Ng launches AI company for manufacturing; partners with Foxconn

By TechTaffy Desk

The  founder and of Google Brain, co-founder of Coursera, former Baidu chief scientist and Stanford Computer Science professor Andrew Ng, has started his own artificial intelligence company focusing on the manufacturing industry.

The company, Landing.ai will help enterprises address these challenges. We are developing a wide range of AI transformation programs, from the introduction of new technologies, to reshaping organizational structure, to employee training, says Mr. Ng.

To begin with, Landging.ai has inked a partnership with Foxconn. The two companies have been collaborating since July, and are developing AI technologies, talent and systems that build on the core competencies of the two companies, says Mr. Ng.

[Image courtesy: Andrew Ng]

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.