TechTaffy

tech:

taffy

7-Eleven stores in Thailand geting AI-based facial recognition, behavioral analysis

By TechTaffy Desk

Remark Holdings, a global technology company focused on artificial intelligence, and CP ALL are partnering to deploy Remark’s KanKan data intelligence and AI technologies in approximately 11,000 7-Eleven stores that CP ALL operates throughout Thailand.

The Remark/CP ALL partnership will utilize KanKan’s AI-based facial recognition and behavior analysis technologies to provide customer support, business analysis, employee management and security in CP ALL’s 7-Eleven stores in Thailand, which generate more than $14 billion in revenue, the companies said in a statement.

Approximately ten million people pass through 7-Eleven stores in Thailand each day.

CP ALL is a unit of Thailand’s Charoen Pokphand Group. Last December, the group invested in Remark to deploy KanKan data and AI technologies across its businesses.

[Image courtesy: 7-Eleven]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.