Ministry of Customs and Trade of the Republic of Turkey

Government Finance

Pendulum | January 07, 2022

Pendulum, an AI/ML powered platform for companies and government organizations to detect and understand harmful narratives on social media platforms and elsewhere, announced $5.9M in seed funding. Led by Madrona Venture Group with participation from Cercano Management and others, Pendulum was spun out of Madrona Venture Labs, and will use the funding to build their team and expand the platform. Pendulum’s platform applies AI and Machine Learning to uncover threats and opport...

PCAST | February 03, 2020

The President’s Council of Advisors on Science and Technology, or PCAST reconstituted by executive order in October held its first working meeting Monday, outlining its near-term focus on quantum computing and artificial intelligence as the prime industries of the future. The body first established by then-President George W. Bush in 2001 and recommissioned by each president since brings together scientific researchers from industry and academia to advise the administration on natio...

Government Business

Planet | November 24, 2021

Planet, a leading provider of daily data and insights about Earth, today announced a number of new contracts with state and local governments, including entities in the states of Alaska and Mississippi. Operating about 200 earth imaging satellites, Planet provides near-daily images of every terrestrial location on earth, enabling their customers to track environmental change, support regional enforcement efforts, and make informed decisions. Through their 7-month pilot program, Pl...

Emerging Technology

IDC | March 21, 2022

Spending on artificial intelligence in the United States will grow to $120 billion by 2025, representing a compound annual growth rate (CAGR) of 26.0% over the 2021-2025 forecast period. Moreover, all 19 U.S. industries profiled in the latest Worldwide Artificial Intelligence Spending Guide from International Data Corporation (IDC) are forecast to deliver AI spending growth of 20% or more. The U.S. also accounts for more than half of all AI spending worldwide. Retail will remain t...