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Elon Musk , the technology mogul and visionary who has brought us such technology innovations widespread electronic payments via PayPal, electric cars via Tesla Motors , and commercial rocket service via SpaceX , warns that artificialintelligence has the threat of becoming mankind''s "biggest existential threat" last week.
for its hardware-based, machinelearning tools, according to the company. Nervana is developing machinelearningtechnology--including software and hardware--which is being targeted at a wide range of areas. San Diego-based Nervana System has raised $3.3M AME Cloud Ventures, and Fuel Capital. READ MORE>>.
Machinelearning and artificialintelligence are two of the biggest buzzwords in technology today--but how are they being used to help you in everyday life? roads, and suggests its technology might be useful to help identify which roads need fixing the most in cities.
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificialintelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machinelearning. Financial details of the acquisition were not announced.
There's been a revolution in the use of artificialintelligence and machinelearning in the last few years, by both startups and large companies, to help in a large number of areas. Tim Grace: PointPredictive is an artificialintelligence, machinelearning, and pattern recognition provider.
Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligencesoftware aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D.
Santa Barbara-based Reactful , a developer of artificialintelligence and machinelearningsoftware for website personalization, and 6sense , a devleoper of "account based orchestration" software for marketers, said they are in a new technology partnership. READ MORE>>.
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 artificialintelligence, algorithmic science and machinelearning to cyber security.
Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Financial details of the merger were not announced. According to both companies, they will continue to operate under their respective names. READ MORE>>.
Originally called Dopamine Labs, the company was founded in 2015 to bring some of the same technologies that social media companies like Facebook used to boost engagement to a broader range of applications. “We can use technology to hook people to unhook them from unhealthy behaviors.”
One of the hottest sectors of the technology startup market today is the use of artificialintelligence, big data, and machinelearning across many different sectors including finance. Machinelearning is great at consuming data, taking lots of different data, and finding signal in that data to make predictions.
These are heady times for using artificialintelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. This story is part of an ongoing Xconomy series on A.I. in healthcare.
El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. Fetch Technologies was advised by Siemer & Associates in the sale. Fetch Technologies had raised at least $5.7M
It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificialintelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.
The event, held at Disney's Burbank Studios, included companies demonstrating 3D, Disney-themed printed prosthetic arms; artificialintelligence which allows you to carry on a private conversation with Miss Piggy over social messaging services; brain monitoring headsets; and much more.
TRASH — using this machinelearning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. This class shows us that there’s no shortage of innovation at the intersection of creativity and technology, and we’re excited to be part of each company’s journey.”.
Conventional thinking in business has long been that strategy decisions are made by humans, while the focus of automation and machinelearning should be on execution. Only smart software can plow through the volume of live data, recognizing trends, customers, and match offerings to reality. The efficiency gain is tremendous.
Aliso Viejo-based artificialintelligencesoftware developer BrainChip says it is opening up a new software development center in Hyderabad, India, which it says will provide software and firmware development for its systems-on-a-chip technology. READ MORE>>.
Los Angeles-based Pearl , the machinelearning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
Irvine-based cybersecurity software developer Cylance says it has extended its artificialintelligence driven, endpoint protection software, CylancePROTECT, to the AWS Marketplace. AWS Marketplace is Amazon's marketplace for business software that runs on the Amazon Web Services (AWS) cloud computing infrastructure.
Carlsbad-based NextWave Ventures , a venture capital investor which focuses on commercializing early stage technology, said it has launched a new artificialintelligence start, Apical Technology. Size of the investment in Apical Technology was not announced. The startup was founded by Ron St. READ MORE>>.
San Juan Capistrano-based OspreyData , a developer of data analytics software used for the oil and gas business, says it has raised $5M in a series A funding round. Osprey Data uses machinelearning and artificialintelligencetechnology to help optimize oil and gas production, monitor oil well status, and more.
Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machinelearningsoftware and other tools for the hospitality industry, to the tune of $5M. BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M.
Newport Beach-based Vital Data Technology , a developer of artificialintelligencesoftware for the clinical informatics area, said this week that it has named Alan Spiro as its new Chief Medical Officer in Residence.
San Diego-based artificialintelligencesoftware developer Brain Corp says it has linked up with processor developer NVIDIA , to power its latest product, an earlier announced commercial vacuum cleaner from SoftBank Robotics. READ MORE>>.
Anaheim-based Cogitai l, a new artificialintelligence (AI) software startup, said Tuesday that it has raised a strategic round of investment from Sony Corporation. Cogitai said it is developing "core" artificialintelligencesoftwaretechnology. Size of the investment was not announced.
a startup developing artificialintelligencesoftware that powers self-driving robots, has raised $114M in a Series C funding round. San Diego-based Brain Corp. , The funding was led by SoftBank Vision Fund, and also included Qualcomm Ventures. Brain Corp.
Rather than having to do painful biopsies which often come with significant side effects, Gal’s software can now be used to slash the cost for a full-body MRI scan designed to screen for 11 different types of cancer in men and another 13 types of cancer in women (who have more organs that are likely to develop cancer).
Costa Mesa-based a href="[link] , the developer of artificialintelligencesoftware for the advertising industry led by Chad and Ryan Steelberg, said this morning that it has signed an expanded agreement with Cumulus Media, the second largest owner and operator of radio stations in the U.S.
Stage is a seed-stage venture capital fund, led by Rob Vickery and Alex Rubalcava: the firm says it invests in Saas and enterprise softwaretechnology firms, and has a particular interest in artificialintelligence, computer vision and machinelearning. Stage says it recently raised its second fund.
Irvine-based cybersecurity software developer Cylance said today that it has entered into a strategic partnership with In-Q-Tel , the investment arm of the U.S. intelligence community. The company said the agreement will support further development of its artificialintelligence and machinelearningtechnology.
Santa Monica-based Champion Technology , which develops an artificialintelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. READ MORE>>.
Los Angeles-based artificialintelligencesoftware developer Omnidya announced this morning that it has named Akshay "Ed" Vachhani as its Chief Technology Officer. Omnidya says it is using artificialintelligence to develop an IoT product used for home and auto insurance. READ MORE>>.
El Segundo-based CUJO AI , a developer of artificialintelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.
Los Angeles-based email software developer SaneBox , which develops artificialintelligencesoftware that helps people prioritize and sort their emails, is now available on the cloud marketplace run by technology distributor Ingram Micro.
Pasadena-based artificialintelligencesoftware developer ObEN has rolled out a new, singing and talking "AI personality" based on Chinese singing group SNH48 , the company said today. The company said it has created the "world's first celebrity personal AI" based on one of the members of the Chinese music group, Aijia.
[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificialintelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machinelearning companies, Saxena believes A.I. technologies. As chairman of Austin, TX-based A.I.
San Diego-based Kneron , a developer of artificialintelligencesoftware, has raised $40M more in Series A funding, from investor Horizons Ventures. The company also has raised funding from Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Qualcomm, Thundersoft, and Sequoia Capital. Kneron was founded in 2015.
According to the conference, it awarded $200,000 to Advocat Technologies, a developer of artificialintelligence (AI) software for research and drafting at enterprise legal departments, and another $300,000 split between ChargeNet Stations, Digital Proteomics, Fluid Power AI, and Verity.
Irvine-based Bitvore , the big data, artificialintelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's President, Jeff Curie, was also an executive at Access360, IBM, and SupplyFrame.
Costa Mesa-based Veritone , a developer of artificialintelligencesoftware, said this morning that it has added Nayaaki Nayyar as a member of its board of directors. Veritone is led by longtime technology veterans Chad and Ryan Steelberg. READ MORE>>.
Los Angeles-based Catasys , a provider of AI- and technology-enabled healthcare services, said today that it has received $10M in a debt financing round, split between a receivable facility agreement of $2.5 million with Horizon Technology Finance Corporation.
ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Financial details of the buy were not announced. READ MORE>>.
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