Monthly Archives: October 2020

News: TikTok details how it’s taking further action against hateful ideologies

TikTok said on Wednesday it’s strengthening its enforcement actions against hate speech and hateful ideologies to include “neighboring ideologies,” like white nationalism and others, as well as statements that emerge from those ideologies. In a blog post, TikTok explained that it regularly evaluates its enforcement processes with the help of global experts to determine when

TikTok said on Wednesday it’s strengthening its enforcement actions against hate speech and hateful ideologies to include “neighboring ideologies,” like white nationalism and others, as well as statements that emerge from those ideologies.

In a blog post, TikTok explained that it regularly evaluates its enforcement processes with the help of global experts to determine when it needed to take action against emerging risks.

While the TikTok Trust & Safety teams were already working to remove neo-Nazism and white supremacy from its platform under existing policies, it’s more recently expanded enforcement will also cover related ideologies, including white nationalism, white genocide theory, as well as “statements that have their origin in these ideologies, and movements such as Identitarianism and male supremacy,” TikTok said.

The announcement was made on TikTok’s European newsroom, and follows TikTok’s recent joining of the European Commission’s Code of Conduct on Countering Illegal Hate Speech Online. However, the guidelines TikTok discussed apply to its global audience.

TikTok had made similar statements on its U.S. newsroom in August, including its plans to take action against other hateful ideologies, including white nationalism and male supremacy, in addition to white supremacy and anti-semitism. A TikTok spokesperson told TechCrunch the new announcement was meant to offer “further details” on that policy.

The company’s new blog post noted how many monitoring organizations have been reporting that anti-semitic sentiment is increasing around the world.

TikTok itself had been recently accused of having a “white supremacy” problem, according to a report from the Anti-Defamation League, which led to the U.S. newsroom announcement earlier this year. The ADL had uncovered dozens of accounts that were using combinations of white supremacist symbols, terms and slogans as screen names or handles, its report said.

It also said it secured a commitment from TikTok to work together to remove such content going forward. At the time of the report, TikTok had claimed to have already removed 1,000 accounts during the year for violating hate speech policies, and said it had taken down hundreds of thousands of videos under those same guidelines. In the U.S. newsroom post, TikTok updated its numbers, saying it had banned more than 1,300 accounts for hateful content or behavior, removed more than 380,000 videos for violation of its hate speech policy, and removed over 64,000 hateful comments.

TikTok offered no update on those figures, or EU-specific data, in today’s post.

The post went on to detail other existing policies in this area. For example, TikTok says it doesn’t permit any content that denies the Holocaust and other violent tragedies — a policy Facebook only recently adopted after years of choosing to favor free speech. TikTok also says it takes action to remove misinformation and hurtful stereotypes about Jewish, Muslim and other communities — including those that spread misinformation about “notable Jewish individuals and families” that are used as proxies to spread antisemitism.

TikTok additionally noted it removes content harmful to the LGBTQ+ community by removing hateful ideas, including content that promotes promotes conversion therapy and the idea that no one is born LGBTQ+.

The company spoke about another area of policy it’s worked to improve, too. Today, TikTok is working to train Trust & Safety enforcement team members as to when it’s appropriate to remove certain language. In the case of language that was previously used to exclude and demean groups, it’s removed. But if those terms are now being reclaimed by impacted communities as terms of empowerment and counter-speech, the speech wouldn’t be taken down.

When content is taken down, TikTok users will be able to ask for a review of the action, TikTok also promised — a level of transparency that isn’t always seen today.

Much of what TikTok announced on Wednesday isn’t a new policy, necessarily, but is meant to address the E.U. audience specifically, where TikTok faces continual scrutiny over its data practices and other policies.

News: SoftBank’s $100 million diversity and inclusion fund makes its first bet … in health Vitable Health

SoftBank’s Opportunity Growth Fund has made the health insurance startup Vitable Health the first commitment from its $100 million fund dedicated to investing in startups founded by entrepreneurs of color. The Philadelphia-based company, which recently launched from Y Combinator, is focused on bringing basic health insurance to underserved and low-income communities. Founded by Joseph Kitonga,

SoftBank’s Opportunity Growth Fund has made the health insurance startup Vitable Health the first commitment from its $100 million fund dedicated to investing in startups founded by entrepreneurs of color.

The Philadelphia-based company, which recently launched from Y Combinator, is focused on bringing basic health insurance to underserved and low-income communities.

Founded by Joseph Kitonga, a 23 year-old entrepreneur whose parents immigrated to the U.S. a decade ago, Vitable provides affordable acute healthcare coverage to underinsured or un-insured populations and was born out of Kitonga’s experience watching employees of his parents’ home healthcare agency struggle to receive basic coverage.

The $1.5 million commitment was led by the SoftBank Group Corp Opportunity Fund, and included Y Combinator, DNA Capital, Commerce Ventures, MSA Capital, Coughdrop Capital, and angels like Immad Akhund, the chief executive of Mercury Bank; and Allison Pickens, the former chief operating officer of Gainsight, the company said in a blog post.

“Good healthcare is a basic right that every American deserves, whoever they are,” said Paul Judge, the Atlanta-based Early Stage Investing Lead for the fund and the founder of Atlanta’s TechSquare Labs investment fund. “We’ve been inspired by Joseph and his approach to addressing this challenge. Vitable Health is bridging critical gaps in patient care and has emerged as a necessary, essential service for all whether they’re uninsured, underinsured, or simply need a better plan for their lifestyle.”

SoftBank created the opportunity fund while cities around the U.S. were witnessing a wave of public protests against systemic racism and police brutality stemming from the murder of the Black Minneapolis citizen George Floyd at the hands of white police officers.  Floyd’s murder reignited simmering tensions between citizens and police in cities around the country over issues including police brutality, the militarization of civil authorities, and racial profiling.

SoftBank has had its own problems with racism in its portfolio this year. A few months before the firm launched its fund, the CEO and founder of one of its portfolio companies, Banjo, resigned after it was revealed that he once had ties to the KKK.

With the Opportunity Fund, SoftBank is trying to address some of its issues, and notably, will not take a traditional management fee for transactions out of the fund “but instead will seek to put as much capital as possible into the hands of founders and entrepreneurs of color.”

The Opportunity Fund is the third investment vehicle announced by SoftBank in the last several years. The biggest of them all is the $100 billion Vision Fund; then last year it announced the $2 billion Innovation Fund focused on Latin America.

News: AOC’s Among Us stream topped 435,000 concurrent viewers

Last night, Rep. Alexandria Ocasio-Cortez went live on Twitch to stream Among Us with a handful of superstar streamers. The purpose of the stream, which drew a massive crowd, was to get out the vote as we head into the general election. At its peak, the stream drew a concurrent viewership of 435,000+ people, and

Last night, Rep. Alexandria Ocasio-Cortez went live on Twitch to stream Among Us with a handful of superstar streamers. The purpose of the stream, which drew a massive crowd, was to get out the vote as we head into the general election.

At its peak, the stream drew a concurrent viewership of 435,000+ people, and that’s just on AOC’s Twitch. Other streamers that were in the game, such as Pokimane, HasanAbi and DrLupo, also had their own viewerships tuned in to the game.

For context, this puts AOC’s stream in the top five of most concurrent viewers on a Twitch stream. The record is still held by Ninja’s Fortnite stream with Drake which hit more than 600,000 concurrent viewers.

Among Us has been around for several years, but only enjoyed top-tier popularity over the past few months as streamers flock to the game. Among Us is a relatively simple game, but gives players the chance to truly show off their personality.

Here’s how it works:

Between four and ten players join a drop ship. The majority of those players are crewmates who have tasks to complete on the map — these tasks are simple, puzzle-based mini games. The remaining minority of players are impostors, who sabotage and kill crewmates. When a dead body is found and reported, the whole group gets into voice chat to discuss who might be the killer. It’s a bit like a murder mystery party combined with a video game.

There is some irony in the fact that politicians (Rep. Ilhan Omar joined AOC) jumped into a game where lying is a primary skill. In fact, AOC mentioned before gameplay ever started that she was very nervous because she’s terrible at lying.

It’s also worth noting that this isn’t the first time that AOC has come to younger voters where they are. The congresswoman played Animal Crossing in May and visited players’ islands.

 

News: Anyscale adds $40M to bring its Ray-based distributed computing tech to the enterprise masses

The world of distributed computing took on a new profile this year when Folding@home, a 20-year-old distributed computing project, found itself picking up thousands of new volunteers to help Covid-19 researchers generate more computing power to fold proteins and run other calculations needed for screening potential drug compounds to fight the novel coronavirus. Today, a

The world of distributed computing took on a new profile this year when Folding@home, a 20-year-old distributed computing project, found itself picking up thousands of new volunteers to help Covid-19 researchers generate more computing power to fold proteins and run other calculations needed for screening potential drug compounds to fight the novel coronavirus. Today, a startup that is also tapping the potential and opportunity in distributed computing is announcing a round of growth funding to continue its own work.

Anyscale, a startup founded by a team out of UC Berkeley who created the Ray open-source Python framework for running distributed computing projects, has raised $40 million.

It plans to use the capital to continue developing Anyscale, a platform built on Ray that will make Ray usable not just by high-level developers and computing specialists, but any technical people who are looking to run projects that require large amounts of computing power.

Ion Stoica, Anyscale’s executive chairman who co-founded the company with Robert Nishihara, Philipp Moritz and Berkeley professor Michael I. Jordan, said in an interview that the company is tapping into a moment spurred not just by the events of 2020 but by the bigger demand from companies — spurred by the growth of cloud computing, major digital transformation of their systems, and a need to go that extra mile to remain competitive. Organizations are becoming more ambitious in their technology strategies and goals, whether they are tech companies or not.

“At a high level, the trend that we see is that all applications are distributed and running on clusters, but building these applications is incredibly hard and requires teams with the right expertise,” said Stoica. “What we are trying to build will make it as easy to build a distributed computing project as it would be to run a program on your laptop. It will mean ordinary developers will be able to build scalable applications just like Google can build today.”

The company’s first build of Anyscale — which will let organizations build multi-cloud applications from a single machine and use serverless architecture that scales up and down to meet application demands –
 has yet to launch commercially: it is in a private beta and the plan is to launch it fully next year.

There has been interest from financial services, retail, and manufacturing companies, Stoica said, with companies working in design, informatics and medical research (and Covid-19 vaccines) also using the private beta.

The Series B is being led by previous investor NEA, with Andreessen Horowitz (a16z), Intel Capital, and Foundation Capital also participating. A16z led the company’s Series A less than a year ago (a $20 million round in December).

Intel, meanwhile, is a strategic investor. Along with other tech giants like Microsoft, Intel is using Ray’s distributing computing model to run projects.

Stoica — who also co-founded Databricks, Conviva and was one of the original developers of Apache Spark — and Nishihara declined to comment in an interview on Anyscale’s valuation, but Stoica confirmed that the round was oversubscribed. The company has now raised just over $60 million.

While the startup continues to build out Anyscale, in the last year it has also been making more headway with Ray, which they also maintain.

At the Ray Summit — Anyscale’s conference for developers run as a virtual event at the end of September —  Anyscale released Ray 1.0, which provides, in addition to a universal serverless compute API, an expanded library to use on Ray 1.0. Nishihara described it as a “huge milestone,” not least because it is one step along the path for the bigger vision they have for Anyscale to be used by non-tech companies for tech work.

A typical example was a recent recommendation algorithm built by Intel for Burger King. “The thing that is hard to do is not making the recommendations but learning from the interactions that users are having, and the choices they are making, and having that experience reflected back very rapidly,” he said. It’s a process that can be done in other ways, but with a far less good user experience due to lags.

This past year Nishihara said that interest in Ray has seen “tremendous growth,” but that it’s hard to say whether that is because of people working from home or just wider computing trends.

“It’s clear if anything that the pandemic is accelerating the transition,” said Stoica. “Ray has good support for the cloud, including Azure, Google Cloud Platform and others, which makes it quite compelling.”

We’ve seen an interesting trend in enterprise IT, where startups are finding an opportunity in the market by making it possible for non-technical organizations to bridge the digital divide, by providing better access to the most technical advances in computing to organizations beyond those that can build and operate such tools themselves. Just as groups like Element AI are working on ways to democratize advances in AI, the same kind of tech built, acquired and used by the likes of Apple, Google and Amazon, so too is Anyscale looking to do the same in enterprise computing.

And the two areas of AI and computing, of course, are interconnected: these days you need vast amounts of computing power to run AI applications, something the average company typically lacks.

“The demand for distributed computing continues to increase with the widespread adoption of AI and machine learning in application development,” said Pete Sonsini, General Partner at NEA, in a statement. “Still, scaling applications on clusters remains extremely challenging. Serverless computing is emerging as the preferred platform for developing distributed applications. Unfortunately, today’s serverless offerings support only a limited set of applications, and most of them are cloud-specific—but not Ray and Anyscale. The company’s path thus far bears the hallmarks of a standout technology pioneer, and we’re thrilled to partner with the team through this next phase bridging their open source and commercial offerings.”

News: PayPal to let you buy and sell cryptocurrencies in the US

PayPal has partnered with cryptocurrency company Paxos to launch a new service. PayPal users in the U.S. will soon be able to buy, hold and sell cryptocurrencies. More countries are coming soon. PayPal plans to support Bitcoin, Ethereum, Bitcoin Cash and Litecoin at first. You’ll be able to connect to your PayPal account to buy

PayPal has partnered with cryptocurrency company Paxos to launch a new service. PayPal users in the U.S. will soon be able to buy, hold and sell cryptocurrencies. More countries are coming soon.

PayPal plans to support Bitcoin, Ethereum, Bitcoin Cash and Litecoin at first. You’ll be able to connect to your PayPal account to buy and sell cryptocurrencies. Behind the scenes, Paxos takes care of trading and custody.

In early 2021, PayPal wants to let you use your crypto assets as a funding source for your PayPal purchases. This could be a good way to use cryptocurrencies for everyday purchases without having to convert cryptocurrencies on an exchange first.

There are 26 million merchants that offer PayPal around the world. For those merchants, customers paying in crypto won’t have any impact. Everything will be converted to fiat currency when a transaction is settled.

As part of today’s move, PayPal has been granted a conditional BitLicense by the New York State Department of Financial Service. It should be able to launch its crypto service in partnership with Paxos in New York.

PayPal’s crypto service isn’t live just yet. You can head over to PayPal’s website and join the waitlist. The company has already updated its fees with more details about cryptocurrency exchange fees.

The company will charge high fees on fiat-to-cryptocurrency and cryptocurrency-to-fiat exchange transactions. You can expect to pay 2.3% for transactions below $100, 2% for transactions between $100 and $200, 1.8% for transactions between $200 and $1,000 and 1.5% for transactions above $1,000. There’s a minimum fee of $0.50 for transactions below $25. The page also says that there will be some spread between buy and sell prices.

As a comparison, Coinbase charges 1.49% in conversion fees for any transaction over $200, and a fixed fee below that amount. Square’s Cash App charges variable fees and Robinhood hides its fees behind some markup on market prices.

Revolut, which also partners with Paxos in the U.S. to offer cryptocurrency trading, charges 2.5 to 3% in exchange fees for free customers. If you’re a premium user, you pay 1.5% in fees.

Many companies have been trying to build the PayPal of crypto. It turns out that the PayPal of crypto could just be PayPal.

News: Ford outs 4th-gen self-driving platform with better sensors, cleaning tech, and improved batteries

Ford and Argo AI today released details about its fourth-generation self-driving test vehicle. Built on the 2020 Ford Escape Hybrid, the vehicle has everything needed to standup a self-driving service, the Detroit automaker said. It’s equipped with an improved battery system, new sensors, and sensor cleaning technology. The previous three generations of test vehicles used

Ford and Argo AI today released details about its fourth-generation self-driving test vehicle. Built on the 2020 Ford Escape Hybrid, the vehicle has everything needed to standup a self-driving service, the Detroit automaker said. It’s equipped with an improved battery system, new sensors, and sensor cleaning technology.

The previous three generations of test vehicles used the Ford Fusion sedan.

For this latest platform, Ford upgraded the LiDAR sensor suite with an all-new system that sports a higher resolution 128-beam array to provide a 360-degree view. Ford says this helps the test vehicle better detect fix and moving objects closer to the vehicle. Near-field cameras and short-range LiDAR look ahead and to the vehicle’s side while rear-facing sensors help with objects behind the SUV.

The Escape Hybrid’s platform better serves the self-driving technology with improved battery cooling. Ford says that modified high voltage batteries help supply the self-driving system while also reducing the gasoline consumed by the vehicle.

Ford is rolling out this new testbed to its testing cities of Austin, Detroit, Miami, Palo Alto, Pittsburgh, and Washington D.C. And in each of these regions, the improved sensor cleaning technology should help the vehicle in its self-driving efforts.

Ford says it reworked the systems tasked with ensuring the sensors are free of dust, rain, snow, and ice. More spray nozzles shoot out liquid cleaning solutions at a higher pressure than previous models. The LiDAR sensors have a newly-developed hidden, forced-air cleaning system, too.

Ford said in 2018 it intended to spend $4 billion on autonomous vehicles by 2023, and recent developments make it clear Ford is pushing forward in this effort. In 2018 the automaker purchased the defunct Michigan Central Station and surrounding buildings in Detroit’s Corktown neighborhood. Since then, it has been making additional investments in the area as it retrofits the massive train station. Two months ago, it teamed with Bosch and Bedrock to announce an automated valet parking garage.

Despite’s today’s news, the company’s self-driving service is still a few years out. In April 2020, Ford said it was postponing its autonomous vehicle service until 2022, as the COVID-19 crisis caused a rethink of the strategy.

News: Review: iPad Air, smooth criminal

The 2020 iPad Air comes at an interesting time in Apple’s release cycle. The iPad Pro is still strong from a specs perspective but is now technically a half generation or so behind in CPU. The new pro models won’t arrive for (theoretical) months.  So what you end up with is a device that shares

The 2020 iPad Air comes at an interesting time in Apple’s release cycle. The iPad Pro is still strong from a specs perspective but is now technically a half generation or so behind in CPU. The new pro models won’t arrive for (theoretical) months. 

So what you end up with is a device that shares the design philosophy of the iPad Pro and inherits some of its best features while simultaneously leaping ahead of it in raw compute power. This makes the Air one of the better overall values in any computing device from Apple in some time. In fact, it’s become obvious that this is my top choice to recommend as a casual, portable computer from Apple’s entire lineup including the MacBooks. 

The clean new design has a thin, pleasantly colored simplicity to it. It matches the new iPhone 12 aesthetic quite well. The smoothly bullnosed corners and dusty blue peened finish make this one of the better looking iPads since the original. For years, Apple moved to try to “pull” the casing of the iPads around the back, making it disappear. This new design is a nice balance between the original’s frank simplicity and the new iPad Pro direction. A bit less sharp-edged and a bit more ‘friendly’ while still crisp.

One thing that I love a lot about the Air is that it lives up to its name and clocks in at the lightest weight of any of Apple’s portables at 1.0lb flat. This plus the Magic Keyboard is just such a killer portable writing machine it’s wild. 

Apple didn’t fix the camera position on this, something that still stinks about the iPad Pro because you have to use Face ID to unlock it and your hand is always in the way in landscape mode. Instead, they straight up ditched the entire True Depth camera and Face ID altogether and tucked Touch ID into the power button.

The initial scanning process to set up a finger seemed ever so slightly more reluctant to grab my fingerprint here than it used to on the home button. My guess is that it’s to do with the oblong shape of the sensor or its housing. But once it was scanned and input, I’m happy to report that it works exactly as well if not better than any iPhone home button version. I set a finger on my left hand here because I only use iPads in horizontal mode. But if you aren’t a keyboard person and are doing a lot of reading, the right hand would be appropriate. 

I actually found this to be a more natural feeling activation gesture than swiping up only to remember that my hand is in the way and having to move it and look at the camera. If the camera was placed along the horizontal edge of the iPad Pro or even in the corner I might feel differently. But as a compromise so that Apple doesn’t have to ship a True Depth camera in this unit, it works plenty fine. 

The surface of the Touch ID button is covered by an opaque sapphire crystal cover that blends well with the casing but allows the print to be read through it. 

Once you have the iPad Air unlocked, it falls right into the ‘X’ style navigation system. Swipes to open and navigate and move around. This is great because it brings near parity of navigation across Apple’s device lineup (minus the iPhone SE.)

The camera is fine. Do you shoot pictures on an iPad? Really you do? Wow, interesting, ok. Maybe buy the iPad Pro which has a full LiDAR array, a Wide and an Ultra Wide lens. Great for artists, scanning, reference work etc. On the iPad Air the camera is just fine but is really a formality. It can be used in all of those ways and the quality is on par, but it’s there because it has to be there. 

Those of you that travel with an iPad and an iPhone will be happy to know that you can charge an iPhone from the USB-C port on the iPad Air. And yep, it works fine with USB-C hubs and card readers too.

The iPad Air has 4GB of RAM where the iPad Pro 2020 has 6GB. It has a Liquid Retina display, but no ProMotion 120hz refresh. The lack of ProMotion is unfortunate but understandable. It requires another whole layer of display technology that is quite a bit more expensive. Having gotten used to it now I would say that on a larger screen like this it’s easily the best excuse for spending the extra $150-200 to bump up to the 11” Pro model. It’s just really damn nice. If you’ve never had one, you’ll be a lot less likely to miss this obviously.

But it also has an A14 Bionic chip where the iPad Pro 2020 models are still on the A12Z. Because that ‘Z’ is related to the fact that it has an extended number of graphics cores (8-core CPU/8-core GPU), the performance gap isn’t as big as you’d think.

Though the iPad Air edges out the iPad Pro in single-core performance, the multi-core numbers are essentially on parity. This speaks to the iPad Pro being tuned to handle multiple processes in simultaneous threads for processing images and video. If you’re running Photoshop or Premiere Rush or LumaFusion on an iPad, you want the Pro. For most other uses, you’re gonna be just fine with the Air.

I do really wish that the Air started at 128GB instead of 64GB for the base $599 price. Apple has finally gotten the iPhone to a great place for minimum storage across the lineup, and I wish that the iPad Air matched that. If a ton of space is important to you, it’s important to note that you cannot get anything over 256GB in this unit, unlike the iPad Pro that is offered up to 1TB. 

The two speaker system in the iPad Air is arranged in the much better horizontal array but it’s hal the amount that are in the iPad Pro and it shows. It’s a bit less loud overall but honestly the top volume is still way more than you need for typical iPad viewing distance.

Much of what I wrote about using Apple’s iPad Pro over the course of 10,000 miles of travel applies directly here. I still find it to be a great experience that, once you’ve adjusted for workflows, is just as powerful as any laptop. The additional features that have shipped in iOS 14 since that review have only made the iPad a better platform for legitimate work. 

And now you get the Gen 2 pencil and the fantastic Magic Keyboard in an iPad outside of the Pro lineup and it honestly adds a ton of the utility. 

Here’s my advice: Buy this if you want a portable iPad Pro to use alongside a MacBook or desktop computer for those times you don’t want to carry or can’t carry it. If you want an iPad Pro as your only computer, get the big iPad Pro but probably wait until they update that one in a few months.

News: Adobe’s Project Sharp Shots uses AI to deblur your videos with one click

Every year at its MAX user conference, Adobe shows off a number of research projects that may or may not end up in its Creative Cloud apps over time. One new project that I hope we’ll soon see in its video apps is Project Sharp Shots, which will make its debut later today during the

Every year at its MAX user conference, Adobe shows off a number of research projects that may or may not end up in its Creative Cloud apps over time. One new project that I hope we’ll soon see in its video apps is Project Sharp Shots, which will make its debut later today during the MAX Sneaks event. Powered by Adobe’s Sensei AI platform, Sharp Shots is a research project that uses AI to deblur videos.

Shubhi Gupta, the Adobe engineer behind the project, told me the idea here is to deblur a video — no matter whether it was blurred because of a shaky camera or fast movement — with a single click. In the demos she showed me, the effect was sometimes relatively subtle, as in a video of her playing ukulele, or quite dramatic, as in the example of a fast-moving motorcycle below.

With Project Sharp Shots, there’s no parameter tuning and adjustment like we used to do in our traditional methods,” she told me. “This one is just a one-click thing. It’s not magic. This is simple deep learning and AI working in the background, extracting each frame, deblurring it and producing high-quality deblurred photos and videos.”

Image Credits: AdobeGupta tells me the team looked at existing research on deblurring images and then optimized that process for moving images — and then optimized that for lower-memory usage and speed.

It’s worth noting that After Effects already offers some of these capabilities for deblurring and removing camera shake, but that’s a very different algorithm with its own set of limitations.

This new system works best when the algorithm has access to multiple related frames before and after, but it can do its job with just a handful of frames in a video.

Image Credits: Adobe

News: Syte, an e-commerce visual search platform, gets $30 million Series C to expand in the U.S. and Asia

Tel Aviv-based visual search and product discovery platform Syte, already used by brands like Farfetch and Fashion Nova, plans to expand in the United States and Asia-Pacific region after its latest funding. The startup announced today it has raised a $30 million Series C, with an additional $10 million in debt. The round was led

Syte’s cofounders, chief executive Ofer Freyman, chief revenue officer Lihi Pinto-Fryman and chief operating officer Idan Pinto

Syte’s cofounders, chief executive Ofer Freyman, chief revenue officer Lihi Pinto-Fryman and chief operating officer Idan Pinto

Tel Aviv-based visual search and product discovery platform Syte, already used by brands like Farfetch and Fashion Nova, plans to expand in the United States and Asia-Pacific region after its latest funding. The startup announced today it has raised a $30 million Series C, with an additional $10 million in debt.

The round was led by Viola Ventures, with participation from LG Tech Ventures, La Maison, MizMaa Ventures, Kreos Capital, and returning investors Magma, Naver Corporation, Commerce Ventures, Storm Ventures, Axess Ventures, Remagine Media Ventures and KDS Media Fund. Syte’s last round of funding, a $21.5 million Series B, was announced in September 2019. The startup has now raised a total of $71 million.

Launched in 2015 to focus on visual search for clothing, Syte’s technology now covers other verticals like jewelry and home decor, and is used by brands including Farfetch, Fashion Nova, Castorama and Signet Jewelers. Syte says that its solutions can increase conversion by 177% on average.

The company’s platform includes three main products: Visual Discovery to let brands add camera search, recommendation engines and discovery buttons; “Searchendising,” which automatically generates tags based on visual AI to improve search and recommendation results; and a Discovery Marketplace used by publishers, smart devices manufacturers and social platforms to increase the reach of product advertisements.

Since the beginning of 2020, Syte says its customer base has grown 38%, partly because of the increase in e-commerce traffic caused by COVID-19 movement restrictions.

In the company’s press announcement, chief executive officer and co-founder Ofer Fryman said Syte will focus on developing or acquiring product discovery technology “spanning the full range of our senses—visual, text, voice, and more” to create types of personalized recommendations.

A lot of Syte’s current customers are in Europe, the Middle East and Africa, so its new funding is also earmarked to increase its presence in the U.S. and Asia-Pacific markets.

More social media platforms and e-commerce platforms, including Amazon, Target, IKEA, Walmart, eBay, Snap, and Pinterest, are using visual search and recognition technology to give users an alternative to keyword searches. By simplifying the search process or automatically generating tags, visual recognition technology can help improve search results and product recommendations, resulting in more conversions.

There is a roster of other companies that are also working on AI-based visual recognition and search technology for e-commerce. Other startups in the same space that have raised venture capital funding include Donde Search, ViSenze and Slyce.

Gal Fontyn, Syte’s vice president of marketing, told TechCrunch that it differentiates with visual AI algorithms developed by co-founder and chief technology officer Helge Voss, who previously worked as a physicist at CERN (the European Organization for Nuclear Research).

Voss’ background in neural networks and machine learning allowed Syte to build a visual search solution that can produce results with over 95% accuracy in object-matching within less than a second, Fontyn said. Its algorithms have also been trained on millions of products from vendors around the world, which Syte claims gives it the “largest vertical-specific lexicon in the industry.” This is what allows it to recognize several objects within an image, and assign them detailed tags.

Brands that use Syte see a 423% increase on average on ROI, Fontyn added.

News: June’s third-gen smart oven goes up for pre-order, starting at $599

2020 is June’s time to shine. With an increasing number of people stuck and home, trying (and often failing) to fend for themselves in their kitchen, the smart oven startup has a solid opportunity to considerably expand its users base. “The rise in at-home cooking has caused us to reevaluate June’s cook-programs to achieve more

2020 is June’s time to shine. With an increasing number of people stuck and home, trying (and often failing) to fend for themselves in their kitchen, the smart oven startup has a solid opportunity to considerably expand its users base.

“The rise in at-home cooking has caused us to reevaluate June’s cook-programs to achieve more culinary possibilities not captured by a standard home oven,” CTO and co-founder Nikhil Bhogal said in a release.

Today it announced the launch of a third-generation oven, two years after its last major update. From the sound of it, the update is a relatively minor one. There are a handful of upgrades to the oven’s hardware, including a new handle, added guard rails on top of heating elements, quieter fans and a new chipset with better wireless connection.

Image Credits: June Oven

The biggest change to its functionality is the ability to control each of its six heating elements individually (whereas the previous model only controlled them as groups) for more even roasts. The software interface has gotten an upgrade, as well, and the on-board AI camera system is capable of recognizing where the food is placed for optimal cooking and can identify hundreds of different food types.

At $599, it’s still a pricy kitchen appliance. The system amounts to a large, smart toaster oven — albeit one with a bunch of different food-cooking options, from air frying to dehydrating and broiling. The price goes up from there. There’s a $799 bundle that adds a year to the warranty and includes a one-year subscription to the June premium service and a $999 version that includes a bunch of additional add-ons, including air baskets, a pizza and grill kit and additional thermometers.

Pre-orders open today. No word on exact launch date.

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