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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. Aditya Agrawal, Ruchi Sanghvi, and SV Angels. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning".

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Qulab Applies Artificial Intelligence To Drug Design

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Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software 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.

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Elementary Picks Up $30M For Manufacturing AI

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Los Angeles-based Elementary, which is developing artificial intelligence, machine vision software for the manufacturing industry, said Thursday that it raised $30M in its Series B funding. Elementary is focusing its machine learning and artificial intelligence efforts on automating inspections in manufacturing.

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March Capital Leads $15.5M Round In AI Startup

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Los Angeles-based March Capital is the lead investor in an artificial intelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificial intelligence, and machine learning startups in the enterprise.

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Postie Raises $3.5M To Apply Machine Learning To Direct Mail

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Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M Postie says its tools use machine learning to provide automation of direct mail, handling everything from testing and optimization to audience modeling and attribution.

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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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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 According to Halla, the funding was led by E&A Venture Capital, an early stage food industry investor, and also included SOSV. The company said it has now raised a total of $1.9M