Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users. Today the company announced a $50 million Series C. At the same ...

The abacus is gaining traction in Australia as parents seek to boost their children's maths performance with after-school classes.

In addition, Abacus.AI is making it simple for companies of all sizes to implement computer vision use-cases such as image detection, classification and segmentation.

Abacus.ai argues that the hybrid approach brings a more focused kind of enterprise applied, resource-efficient AI with less up-front experimentation.

The students are taught how to use “an imaginary abacus”, Altaf said, adding that they can perform all the calculations they need to by moving beads on an abacus in their imagination and do ...