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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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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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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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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 According to the company, it will use the funding to develop its therapeutic pipeline.

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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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Accel Robotics Claims Successful Deployment In San Diego

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San Diego-based Accel Robotics, which develops automated checkout systems designed for retail stores, claims it is seeing growth and success at its first rollout of "Valet Market", an automated store its has deployed ata a luxury, San Diego apartment building.

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Citadel Defense Expands Products

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San Diego-based Citadel Defense, which develops systems to defend against drones, said it has launched a new set of counter drone offerings. Citadel Defense says it uses artificial intelligence and machine learning for its products to deal with identifying, tracking, and defeating drone threats.