Oct 21, 2020

🤖 Trusting AI Recommendations / Scaling an AI company / AI & Lending

Issue #107 — View online — Suggest a link

Artificial Intelligence Weekly

Your essential reading list for all things AI.

This week: When Do We Trust AI’s Recommendations More Than People’s?, What Does It Take To Scale An AI Company? Founders And Investors Share Their Insights, Facebook, Carnegie Mellon use A.I. in hunt for renewable energy storage breakthrough, Deloitte AI head Shelby Austin to lead startup spun out of consulting giant, and much more.

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When Do We Trust AI’s Recommendations More Than People’s?

How marketers can account for consumer biases against algorithms.

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What Does It Take To Scale An AI Company? Founders And Investors Share Their Insights

As they embark on their scaling journey, AI-first startups face many challenges. Increasing awareness around best practices is the first step in addressing them.

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Facebook, Carnegie Mellon use A.I. in hunt for renewable energy storage breakthrough

The social media company teams up with Carnegie Mellon University on a massive dataset of chemical reactions in a quest for more efficient catalysts.

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When AI hurts people, who is held responsible?

Without government intervention or accelerated evolution of negligence law, people hurt by AI may have little or no redress, according to a recent analysis.

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ESA - Digital Twin Earth, quantum computing and AI take centre stage at ESA’s Φ-week

ESA’s 2020 Φ-week event kicked off this morning with a series of stimulating speeches on Digital Twin Earth, updates on Φ-sat-1, which was successfully launched into orbit earlier this month, and an exciting new initiative involving quantum computing.

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Can an A.I. algorithm help end unfair lending? This company says yes

Jenny Vipperman, the chief lending officer at VyStar Credit Union, among the largest U.S. credit unions, wanted to lend more money to minorities and other disadvantaged groups that historically have struggled to obtain credit. But finding a way to lend more inclusively without taking on potentially dangerous amounts of risk was difficult using standard credit scoring and the tried-and-true lending rules of thumb that VyStar had been relying on.

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Deloitte AI head Shelby Austin to lead startup spun out of consulting giant

Austin, former managing partner of Deloitte’s Omnia AI business, is now chief executive of Arteria AI, which was known as dtrax at the Canadian professional-services giant

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Funding Updates

Amid EdTech boom, Knowledgehook raises $20 million Series A

Bosch VC Co-Leads $10M Investment In Israeli Construction Tech Firm SiteAware

Unit21 raises $13 million to turn AI into a fraud-fighting machine

Dataloop raises $11M Series A round for its AI data management platform

Headroom, which uses AI to supercharge videoconferencing, raises $5M

Techstars Startup Digest Artificial Intelligence Weekly is curated by:

	Aashay Mody - 👨‍💻 Growth at Anvil \| 🤖 AI Digest Curator at Startup Digest \| 🎓 NYU Stern Alum aashay.mody@startupdigestmail.com
	Sergio A. Escobar - Canadian🇨🇦 Seed/Series-A Corporate Venture Capitalist \| Pre-Seed/Seed Accelerator MD \| Investing in B2B Intelligent Enterprise Software across US/Canada \| Twitter: @SergiusEscobar sergio.escobar@startupdigestmail.com

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