STMicro buys France-based edge AI firm Cartesiam to boost tinyML in STM32 line

IoT Building News

Semiconductor maker STMicroelectronics (STMicro) has agreed a deal to acquire France-based edge AI software specialist Cartesiam for an undisclosed fee. The deal covers all Cartesiam’s assets, including its intellectual property portfolio and employees. Cartesiam, founded in 2016, based in Toulon, makes artificial intelligence (AI) development tools enabling machine-learning (ML) and inferencing on Arm-based microcontrollers. Its…

Berlin’s Trade Republic nabs $900M led by Sequoia at a $5B valuation to take its neo-broker app across Europe – TechCrunch

Cyber Attacks

Consumers are moving into investing to complement — or in some cases, offset — less good returns from things like traditional savings accounts with low interest rates or pensions, and today one of the bigger “neo-brokers” in Europe helping to open up that opportunity is announcing a monster round of funding to fuel its growth.…

Will AI Fill the Unemployment Gap?

Internet of Things

We are seeing the return to work ramp up, as employers are looking to bring their workforce back into the office. Combine this with the amount of downsizing from employers due to the COVID-19 pandemic and one question remains: Are we really getting more people, or will technology be replacing some of the tasks since…