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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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Silicon Beach Report Sept. 12: OSI Systems Completes $269 Million Acquisition of American Science and Engineering

L.A. Business Journal

OSI Systems completes $269 million acquisition of American Science and Engineering, Lionsgate and Univision team up for Spanish-language streaming service, artificial intelligence startup Oben raises $10 million, and more

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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

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Interview with Michael Greenberg, Retina

socalTECH

Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as Dollar Shave Club. We spoke with Retina's CEO, Michael Greenberg , to learn more. We see you do that through machine learning and artificial intelligence?

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GumGum Ranks E-Sports Teams: LA's Immortals No. 3

socalTECH

Santa Monica-based GumGum Sports , the sports marketing analytics software developer which helps measure brand exposure in videos and images using artificial intelligence (AI), released a ranking of top e-sports organizations on Monday. The company said the top e-sports organization is FaZe Clan, and TSM at No.

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Hulu Acquires Vhoto

socalTECH

Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. News of the acquisition first came from GeekWire, a Seattle area news publication. Financial details of the deal were not announced.

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Nervana Systems Acquired By Intel For $350M

socalTECH

San Diego-based Nervana Systems , a developer of artificial intelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana was working on artificial intelligence software and hardware. Nervana will continue to operate out of its headquarters in San Diego.