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There's been a revolution in the use of artificialintelligence and machinelearning in the last few years, by both startups and large companies, to help in a large number of areas. Tim Grace: PointPredictive is an artificialintelligence, machinelearning, and pattern recognition provider.
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificialintelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Solekai's customer base is in the digital media, smart grid, and IoT areas. Financial details of the merger were not announced. READ MORE>>.
One of the hottest sectors of the technology startup market today is the use of artificialintelligence, big data, and machinelearning across many different sectors including finance. Machinelearning is great at consuming data, taking lots of different data, and finding signal in that data to make predictions.
Playa del Rey-based The Smart Action Company is looking to apply artificialintelligence (AI) to the interactive voice response market, and has released a new producted focused on internative voice response, or IVR. Tags: smart phone artificialintelligence startup voice action response. READ MORE>>.
A brand new, Los Angeles-based artificialintelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M READ MORE>>.
Image via Pixabay Everyone has heard about the big potential for using artificialintelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences. Alice and Bob were shut down immediately.
Playa del Rey-based Smart Action Company , the artificialintelligence startup headed by Richard Koffler, said this week that it has been selected by Technology for Business Corporation (TFB), a provider of computer-telephony-integration products. Financial details of the customer win were not disclosed.
The event, held at Disney's Burbank Studios, included companies demonstrating 3D, Disney-themed printed prosthetic arms; artificialintelligence which allows you to carry on a private conversation with Miss Piggy over social messaging services; brain monitoring headsets; and much more.
Conventional thinking in business has long been that strategy decisions are made by humans, while the focus of automation and machinelearning should be on execution. Only smart software can plow through the volume of live data, recognizing trends, customers, and match offerings to reality.
San Diego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.
Self-driving and robotics startup Cartken has partnered with REEF Technology, a startup that operates parking lots and neighborhood hubs, to bring self-driving delivery robots to the streets of downtown Miami. Starship Technologies CEO Lex Bayer on focus and opportunity in autonomous delivery. Image Credits: REEF/Cartken.
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. What's the biggest lesson you learned this year? Jaspar Weir: This isn't something we learned this year, but rather something we think people need to hear this year. Tell them what happened. READ MORE>>.
San Diego-based artificialintelligence software developer Brain Corp says it has linked up with processor developer NVIDIA , to power its latest product, an earlier announced commercial vacuum cleaner from SoftBank Robotics. READ MORE>>.
Playa Del Rey-based Smart Action Company , a provider of artificialintelligence-powered, self-service, interactive voice response (IVR) technology, said last week that it has been selected by Motional Fulfillment and Logistics SErvices. Financial impact of the deal were not disclosed.
El Segundo-based CUJO AI , a developer of artificialintelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.
San Diego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. READ MORE>>.
The company already boasts a few very large initial customers in the automotive industry, consumer packaged goods and aerospace and defense, including Toyota, according to chief executive Arye Barnehama. “Machinelearning paired with humans always performs better,” says Barnehama. ”
Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle.
Irvine-based Bitvore , the big data, artificialintelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.
Los Angeles-based venture capital investor TenOneTen Ventures is one of the backers in a round for consumer debt collection technology startup TrueAccord , which was announced this morning. The Series B funding for San Francisco-based TrueAccord was worth $22M, and was led by Arbor Ventures. READ MORE>>.
Artificialintelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. Take, for example, facial recognition technologies that work best on white people and make the most errors on black people.
Yet most executives are struggling with how to harness this data with artificialintelligence and machinelearning, and use it to hone their intuition and improve their business leadership. He anticipated his future customers and what they might want. Aim for 10x gains, not 10 percent.
For small businesses, the plan is to charge $297 per month for app development and customization along with any future builds, hosting, and product support and maintenance. “If I had to put a constraint on it I would say we are not good at AR/VR and machinelearning and some obscure features 99% of people don’t need [or] want.”
San Diego-based Netradyne, a developer of artificialintelligence (AI) and edge computing technology for the automotive market, has raised $150M in a Series C funding round. According to the company, the funding was led by SoftBank Vision Fund 2, and also included existing investors Point72 Ventures and M12.
Both programmers, the two reconnected after doing stints as custom developers during and after college, and then when they were developing tools for their families’ businesses as residential contractors in the Los Angeles suburb of Glendale. These kinds of technologies, unlike AI, don’t automate away workers.
Irvine-based cybersecurity software developer Cylance says it has extended its artificialintelligence driven, endpoint protection software, CylancePROTECT, to the AWS Marketplace. According to Cylance, the deal will make it easier for customers to find, procure, and install its AI technology on AWS instances.
Customers of the Whole Foods Market in Sherman Oaks will soon get a new option for purchases: they will be able to "just walk out" the door and have their grocery purchases automatically charged based on computer vision and other sensors. According to Amazon, two stores--one in Washington D.C.,
Newport Beach-based Jobot, the technology-based staffing and recruiting firm led by Heidi Golledge, says it has hit its first $100M in revenue. The company--which says it uses artificialintelligence software to power its recruiting efforts--says it now has over 300 recruiters at the company.
Newport Beach-based Jobot, the technology-based staffing and recruiting firm led by Heidi Golledge, says it has hit its first $100M in revenue. The company--which says it uses artificialintelligence software to power its recruiting efforts--says it now has over 300 recruiters at the company.
El Segundo-based CUJO AI , a startup developing artificialintelligence software for detecting security attacks on consumer networking infrastructure, has raised a Series B funding round, the company said this morning. CUJO AI offers up its AI software to network operators, to help secure customers. READ MORE>>.
In the early days this is expensive because the logistics & warehouses are amortized over a small customer base but with scale this infrastructure and the technology that drives it becomes a powerful moat and hard for new entrants to compete. MakeSpace is building the exact same systems but in reverse.
So I think it’s safe to say that any technology that can make the process easier is welcome by all. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. Paying bills is hardly a fun thing. It’s a true universal payment method.”.
According to TrackStreet, it is developing brand protection technology, which uses artificialintelligence and automation to help brands monitor brand, MAP (minimum advertised price), and resale pricing violations. The company says it already has customers such Domestic, Mercury Marine, Smuckers, The Weyco Group, and Zeiss.
Los Angeles-based Beyond Limits , the artificialintelligence software developer which recently raised a big, $133M funding round, has linked with management consulting firm The Carnrite Group , the two said on Wednesday. The Carnrite Group focuses on oil and gas, utility, power, and industrial customers. READ MORE>>.
DNA image via Wikipedia As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. Yet from time to time, I try to step back and look for some of the most promising and exciting technologies that I see coming down the pike.
Los Angeles-based Phyn , the Belkin spinout which is developing very advanced, machinelearning-driven smart water usage monitoring systms, has raised $12M more in a funding round, the company announced on Thursday. The funding came from Belkin International and Uponor, both prior investors in Phyn.
Los Angeles-based fashion brand Guess is making a move into the world of artificialintelligence, with a link with Chinese technology and e-commerce giant Alibaba. Financial details of the link was not announced.
Los Angeles-based Scalefast , which develops personalization technology for e-commerce, announced Thursday morning that it has raised $8M in a Series A funding round. The funding was led by Benhamou Global Ventures (BGV), and also included Adara Ventures, B&Y, French Partners and CIC Capital.
Anthropic largely focuses its work on building largelanguagemodels (LLM) and the chatbots that subsequently use them. As part of the latter deal, Amazon employees and cloud customers will get early access to the technology. Or appear as if you're in another country? Black Friday offer.
With lead investors like Fika Ventures and Fathom Capital, and co-investors, including Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners and Stage Venture Partners, Elementary Robotics is readying itself for commercial pilots with a few undisclosed customers as it proves out its technology.
We spoke with Ashisih Soni , who heads up the incubator, to learn more, and why the two, very notable investors are backing the effort. Ashish Soni: I don''t want to talk for them, but what I can say, is they are a big believer in engineering backed companies, technology ventures which are led by engineers. We have a very large Ph.D.
Netki said it will provide machinelearning and biometrics technology to facilitate regulatory compliance and application security for Bitsy, which is the cryptocurrency wallet being backed by Medici Ventures, the blockchain investment arm of Overstock.com. Financial impact of the win was not announced. READ MORE>>.
As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. Yet from time to time, I try to step back and look for some of the most promising and exciting technologies that I see coming down the pike. Execution won’t be easy.
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