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DDN Reports $400M In Revenues In 2020

socalTECH

Chatsworth-based DDN, which develops high performance computing storage and artificial intelligence and data management software, says it had record breaking annual revenues of $400M and "highest ever profitability" in 2020. The company said it saw 52 percent revenue growth from 2018 to 2020.

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Mapped Snags Second Seed Funding

socalTECH

Los Angeles-based Mapped, a developer of artificial intelligence-powered software used for industrial Internet-of-Things (IoT), has raised $6.5M The company said the seed II fund brings its total raised to $9.5M, including a $3M funding round in February of 2020. a second seed funding.

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Veritone Launches Sports Draft Site, DraftClips.com

socalTECH

Costa Mesa-based Veritone , which develops artificial intelligence software, says it has launched a new website, DraftClips.com , aimed at giving sports fans free access to over 30,000 clips and hundreds of hours of video footage of 2020 top draft college football footage.

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Using full-body MRIs, Ezra can now detect 11 cancers in men and 13 in women

TechCrunch LA

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).

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9 Innovative Startups To Watch For in 2024

Tech.Co

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. With the new model expected to be launched sometime next year, we think this disruptive startup should be looking forward to a very bright 2024.

Startup 210
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IBM Backs New $5M AI XPRIZE

socalTECH

The new prize offers up a $5M competition, which challenges teams to develop and demonstrate how humans can collaborate positively with artificial intelligence software. The new prize will be awarded in 2020, and rules for the new competition will be announced in May.

IBM 100
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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

This week we’ll focus on the city of Austin, gain insight into Uber’s spending habits, do a little scooter number crunching, the Tesla Model Y, and the so-called “race” — an overused and inaccurate term — to develop autonomous vehicles. ONM … There are OEMs in the automotive world. Cymbal clash!)