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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". READ MORE>>.

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Nervana Nabs $3.3M For Machine Learning Hardware

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for its hardware-based, machine learning tools, according to the company. Nervana said the Series A funding was led by DFJ, and also included Allen & Co., As part of the funding, Steve Jurvetson of DFJ will join the company''s board of directors. San Diego-based Nervana System has raised $3.3M

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BlockFraud Finds $5M For Anti-Fraud Software

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Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. READ MORE>>.

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Erasca Raises $64M For Oncology Drug Development Using AI

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San Diego-based Erasca , a company which is using artificial intelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. According to the company, the new funding will to towards. READ MORE>>.

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Elon Musk Backs Billion Dollar Artificial Intelligence Effort

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Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research. Altman and Musk are co-chairs of the new group.

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Cylance Gets $20M For Security Tools

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Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is applying artificial intelligence, algorithmic science and machine learning to cyber security.

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Halla Finds $1.4M For Online Grocery Personalization

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A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M