socalTECH

JANUARY 23, 2020

San Diego-based artificial intelligence software developer Brain Corp says it is saw "record sales and revenue growth" in 2019, on strong retailer demand for autonomous, mobile robots. The privately held company did not disclose any financial details of its actual sales and revenues. READ MORE>>.

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socalTECH

JANUARY 3, 2019

San Diego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies , a developer of video tracking technology for the traffic management market. Cubic said GRIDMSART is expected to add $35M in sales and $8M in Adjusted EBITDA for the 2019 calendar year. The deal was worth $87M in cash.

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Xconomy

NOVEMBER 7, 2016

“Cognitive computing,” artificial intelligence, machine learning, and advanced data analytics are evolving companies’ understanding of their customers in game-changing ways. To augment and overcome physical distance, we are starting to use drones, virtual reality, and driverless cars.

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