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Entos Finds $53M For Drug Design Platform

socalTECH

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. The funding was led by Coatue, and also included Catalio Capital Management, OrbiMed, Sequoia CApital, Nexus Ventures, and Freeflow.

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AlphaTrAI Taps QuantConnect For AI Powered Stock Trading, Picking

socalTECH

AlphaTrAI says it has developed artificial intelligence software which can pick, trade, and manage stocks better than humans. According to AlphaTrAI, it is in the midst of moving to live, real-time trading and will be powering a new equities fund using its artificial intelligence tools. READ 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. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million.

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Snap accelerator names its latest cohort

TechCrunch LA

TRASH — using this machine learning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. Wabisabi Design, Inc. and to raise bigger rounds of funding (like the voiceover video production toolkit, MuzeTV, and the animation studio Toonstar).

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4 Entrepreneurs Explain The Latest Advancements In Machine Learning

Tech Zulu Event

The machine revolution has begun, artificial intelligence is here. The latest advancements in machine learning look to transform whole industries, redefining the workforce and in many instances replacing human interactions. The latest advancements in machine learning are set to transform the workplace.

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Syntiant Secures Funding From Intel, Others For Edge Computing

socalTECH

Irvine-based Syntiant , a developer of semiconductors used for "edge computing" and machine learning applications, has raised a Series A round of funding, led by Intel Capital, Syntiant said on Tuesday. The size of the funding round was not disclosed.

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Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificial intelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.