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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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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.

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Qulab Applies Artificial Intelligence To Drug Design

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Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D.

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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 Postie says its tools use machine learning to provide automation of direct mail, handling everything from testing and optimization to audience modeling and attribution.

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March Capital Leads $15.5M Round In AI Startup

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Los Angeles-based March Capital is the lead investor in an artificial intelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificial intelligence, and machine learning startups in the enterprise.

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How ZestFinance Is Using Machine Learning to Reshape Lending, with Jay Budzik

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One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. One Los Angeles company, ZestFinance (www.zestfinance.com), has been working in this area for a few years.

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Halla Finds $1.4M For Online Grocery Personalization

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A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M The startup says it uses machine learning to help online grocers increase order volume and frequency, helping consumers with such efforts as food discovery and making smarter food choices.