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Retina Launches AI, Machine Learning Tool For E-commerce Companies

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Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses. READ MORE>>.

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AT&T Ramps Artificial Intelligence Efforts

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AT&T --which has been ramping its operations and presence in the tech world in Los Angeles--said today that it is unveiling a new artificial intelligence (AI) platform called Acumos. The new, open-source platform is aimed at enabling programmers and researchers to more easily develop machine learning and AI software.

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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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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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Seed Health Acquires Auggi

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Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.

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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 working on such companies as Dollar Shave Club, DogVacay, MeUndies, Famebit and Hello Society. in a seed funding.

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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.