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Temasek Funds New AI Effort In San Diego, Aicadium

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Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.

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Nervana Raises $600K For Artificial Intelligence Hardware

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San Diego-based Nervana Systems , a startup developing hardware specifically aimed at artificial intelligence software, has raised $600,000 in a funding round. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". Aditya Agrawal, Ruchi Sanghvi, and SV Angels.

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San Diego Angel Conference Backs Five Companies

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The San Diego Angel Conference, an angel investing effort which is run by the University of San Diego (USD) School of Business, says it has made investments in five companies at its conference this year, worth a total of $500,000.

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EvoNexus, UC San Diego Team On FinTech Efforts

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San Diego- and Orange County-based startup incubator EvoNexus and the University of California San Diego's Rady School of Management announced this morning that the two are in a new partnership, aimed at creating a new generation of FinTech startups.

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Reveal Biosciences Finds Funding From Intel Capital

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San Diego-based Reveal Biosciences , a startup applying artificial intelligence (AI) and machine learning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.

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Model Medicines Takes $4.1M

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San Diego-based Model Medicines, a company that is developing artificial intelligence and machine learning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed.

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Nervana Nabs $3.3M For Machine Learning Hardware

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San Diego-based Nervana System has raised $3.3M for its hardware-based, machine learning tools, according to the company. AME Cloud Ventures, and Fuel Capital. Nervana is developing machine learning technology--including software and hardware--which is being targeted at a wide range of areas.