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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 artificialintelligence (AI) platform called Acumos. The new, open-source platform is aimed at enabling programmers and researchers to more easily developmachinelearning and AI software.
A group of researchers in Australia have been awarded just over $400,000 (USD) in government funding to study the possibilities of merging AI with human brain cells, a research project likely to bring a number of AI-related ethical and existential questions to the fore.
Auto maker Toyota , which is headquartered in Torrance, says this morning that it is announcing how it plans to leverage artificialintelligenceresearch in its next generation vehicles.
Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developerartificialintelligenceresearch. Altman and Musk are co-chairs of the new group. READ MORE>>.
The conference will discuss, debate and imagine potential scenarios that could develop due to advances in Aritifical Intelligence. Expert speakers and panelists are researchers, philosophers, creative SF writers, and academics. with the express goal of developing a human-level general-purpose AI engine.
San Diego-based Model Medicines, a company that is developingartificialintelligence and machinelearning software for the drug discovery and development process, has raised $4.1M According to the company, it will use the funding to develop its therapeutic pipeline. in a funding round.
DataDirect Networks (DDN), which develops storage arrays for high performance computing and similar applications, says it is powering a provider of artificial-intelligence-as-a-service. DDN said the deal will focus on providing infrastructure for ArtificialIntelligence as a Service (AIaaS) for CSIR-CEERI customers.
Los Angeles-based startup MSBAI, which is developingartificialintelligence tools for assisting in engineering reports it has received a $1M US Air Force grant.
Redlands-based geographical information systems (GIS) and mapping software developer Esri , best known for its flagship software, ArcGIS, said this morning that it has opened up a new research and development center in India. Esri said the new R&D center is the fifteenth that it operates. READ MORE>>.
Pasadena-based ObEN , the artificialintelligence startup developing personal avatars, says it has linked with Tencent and the Tsinghua University PBC School of Finance (PBCSF), on a "blockchain research center" in China. ObEN and its partners are investing a total of $5M in the research center. READ MORE>>.
According to the conference, it awarded $200,000 to Advocat Technologies, a developer of artificialintelligence (AI) software for research and drafting at enterprise legal departments, and another $300,000 split between ChargeNet Stations, Digital Proteomics, Fluid Power AI, and Verity.
El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. in funding. READ MORE>>.
Los Angeles-based XPRIZE , which runs a number of prize-based competitions for developing technology, has named eighteen teams for its $2 million, Wendy Schmidt Ocean Health XPRIZE , including two local teams. The groups will go on to submit their technology to affordably and accurately measure ocean acidification.
Pasadena-based robot developer Miso Robotics says it has officially launched its burger flipping robot, "Flippy", at CaliBurger's Pasadena location--and, separately, has inked a partnership to bring its robotics technology to the sports and entertainment venue market. READ MORE>>.
Costa Mesa-based Veritone , a developer of artificialintelligence software, said it has received an unsolicited acquisition bid from private equity firm Apis Capital Management. The company is led by longtime technology startup veterans Chad and Ryan Steelberg, and one of its biggest investors is Acacia Research.
Costa Mesa-based artificialintelligence software developer Veritone says it has been awarded $1.3M for software license and technology development services in support of the Air Force's innovation unit's (AFWERX) Small Business Innovation Research (SBIR) program. in subcontracts from a U.S. READ MORE>>.
New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.
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.
Pasadena-based Miso Robotics , a developer of burger-flipping, artificialintelligence-driven robots aimed at the restaurant industry, has raised $3.1M The funding came from Newport Beach-based Acacia Research Corporation, along with others. in a funding round.
Los Angeles-based artificialintelligence and robotics startup GrayMatter Robotics said today that the company has received a $1M award from the National Science Foundation (NSF), via a Small Business Innovation Research (SBIR) grant. The company said the funding comes on top of the $4.1M
Newport Beach-based Veritone , a developer of artificialintelligence and analyics software, has raised $33.0M In addition to the offering, Veritone said Acacia Research Corporation exercised a warrant to purchase an additional 2,150,335 shares of its common stock, which resulted in an additional $29.3M
BlackBerry said on Monday that it is launching a brand new, advanced lab called the BlackBerry Advanced Technology Development Labs , which will leverage technology created by Irvine-based Cylance. According to BlackBerry, the new business unit will focus on research and development in the cybersecurity space.
According to Ars Technica , back in April, Musk secured a range of Graphic Processing Units (GPUs) from computer hardware behemoth Nvidia, necessary for building the largelanguagemodels that power chatbots like Bard and ChatGPT. Corp” in Nevada, according to business records seen by the Financial Times. Will xAI Rival OpenAI?
Newport Beach-based Veritone , a developer of cloud-based, artificialintelligence software, says it expects its IPO to be between $14.00 Veritone is backed by Newport Coast Investments and Acacia Research; Chad Steelberg and his brother, Ryan Steelberg, own the majority of the company. and $16.00 billion price tag.
Uniphore is a developer of conversational artificialintelligence software, which is being used in call centers, and helps provide automated customer service for companies. Uniphore said it will use the new funding for go-to-market in North America, research and development, and to grow its employee base globally.
Los Angeles-based Belkin International , the computer accessories and products developer led by Chet Pipkin, said this morning that it has expanded its offices in Seattle, and created a new R&D lab called WeMo Labs. wemo labs belkin research internet things device seattle expansion unniversity washington' READ MORE>>.
Chatsworth-based DDN, which develops high performance computing storage and artificialintelligence and data management software, says it had record breaking annual revenues of $400M and "highest ever profitability" in 2020. The company said it saw 52 percent revenue growth from 2018 to 2020.
The company describes itself as an AI “safety and research” business and focuses focused on creating “ reliable, interpretable, and steerable AI systems. ” Anthropic largely focuses its work on building largelanguagemodels (LLM) and the chatbots that subsequently use them. chatbot) developed by Anthropic.
After about a year of research, the company launched with an initial investment of $1.2 At the time, Barnehama had taken time off from DAQRI and had begun thinking about how to use the technologies he’d developed around computer vision and visualization to have more of an impact on human lives. .
We have a very large Ph.D. We have a top 10 engineering school, a top computer science department, and research going on in everything from big data, mobile platforms, artificialintelligence, B2B, B2C. UTA is very, very good in strategic business development. There''s a very broad range of scientific expertise.
It was an eventful year for the artificialintelligence industry. The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. developers continued to grapple with issues around transparency, trust, and ethics. Meanwhile, A.I.
Los Angeles-based Slingshot Aerospace , a developer of software which combines satellite, aerial, drone and other data, has raised $3.0M in a combination of venture capital and a Small Business Innnovation Research contract, the company said on Thursday. According to the company, it received $1.5M from the U.S. from the U.S.
Los Angeles-based Armorway , which develops data analytics software which uses artificialintelligence (AI) for cybersecurity response, has raised $2.5M Armorway, which is led by Zareh Baghdasarian, said the funding will go towards expanding its customer base, for continued product development, and expansion of its R&D team.
Newport Beach-based Veritone , which is developingartificialintelligence software used for sentiment analysis for media firms, political campaigns, corporations, and the government, said it has closed on a $50M funding agreement. The funding comes from Acacia Research.
Today’s artificialintelligence technologies have demonstrated they’re capable of handling specific tasks, such as identifying pictures of cats or spotting cancer in CT scans. Researchers are hopeful the industry’s next breakthroughs will enable A.I. “I think we’ve gotten to a point where.
But a startup contest held Tuesday at a machinelearning conference in Cambridge, MA, put a twist on the typical scenario: the startups were judged by an artificialintelligence software program, instead of a panel of investors. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Xconomy asked technology and innovation leaders around our network to reflect on the most important developments in their industries during 2017, and the answers were appropriately wide-ranging. Here now are responses, edited for clarity, from Mark Bowles, co-founder of medical diagnostics. Read more » Reprints | Share:
Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L).
Pasadena-based ObEN , an Idealab-backed startup which is developingartificialintelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M the venture fund of the Research Institute of Tsinghua University in Shenzhen, Third Wave Digital (Allen DeBevoise), Dream Maker Entertainment Ltd.
The machine revolution has begun, artificialintelligence is here. The latest advancements in machinelearning look to transform whole industries, redefining the workforce and in many instances replacing human interactions. The latest advancements in machinelearning are set to transform the workplace.
I used the term to describe my efforts in the artificialintelligence field, experimenting with new devices, the lisp programming language, and our first trial installations. Cowboy coding in software and Internet development. You’ve surely heard the variations on this theme. What happens to careful planning?
AstraZeneca says it will establish centers for drug research and artificialintelligencedevelopment in China. The pharmaceutical giant has also set up a $1 billion fund to foster biotech innovation in that country.
August 21 - 24, 2017 Built on forward-thinking Gartner for Technical Professionals (GTP) research, Gartner Catalyst Conference gives you hands-on, how-to advice and practical solutions across a broad range of technical topics. Monday, August 21, 2017 -- Gartner Catalyst Conference 2017.
“Cognitive computing,” artificialintelligence, machinelearning, and advanced data analytics are evolving companies’ understanding of their customers in game-changing ways. To augment and overcome physical distance, we are starting to use drones, virtual reality, and driverless cars.
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