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Model Medicines Takes $4.1M

socalTECH

San Diego-based Model Medicines, a company that is developing artificial intelligence and machine learning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed.

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MemComputing's Founder Gets $500K In Grant From DARPA

socalTECH

The co-founder of San Diego-based startup MemComputing , UC San Diego professor Max Di Ventra, has received a $500,000 grant from the Defense Advanced Research Projects Agency (DARPA), to advance the research behind MemComputing's computing technology. READ MORE>>.

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AstraZeneca Chooses China for R&D and AI Centers, $1B Biotech Fund

Xconomy

AstraZeneca says it will establish centers for drug research and artificial intelligence development in China. The pharmaceutical giant has also set up a $1 billion fund to foster biotech innovation in that country.

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Big VCs Join Xconomy in San Diego to Discuss Big Data, Big Biology

Xconomy

In the Boston office of GE Ventures, managing director Alex de Winter is overseeing investments in companies like Veracyte, which is applying machine learning to genomic sequencing technology to help doctors distinguish benign growths from cancer. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Six West Coast Tech Leaders Share Top Developments of 2017

Xconomy

Responses from individuals in Seattle and San Diego touch on the rapid advance of machine learning, tech’s full-scale invasion of digital health, dramatic growth in blockchain and cryptocurrency, an outpouring of private support for computer science at University of Washington (perennially a top recipient of federal research funding), and the spreading (..)

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. “By the time Norman became an operating machine we had four generations of devices preceding it.

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What Should Be on the Next President’s Cybersecurity Agenda?

Xconomy

Schwartz also wants to see more federal funding for research and development of cybersecurity automation technologies. That’s a focus for Cybereason and other security firms, who are applying machine learning and artificial intelligence techniques to protecting networks and IT systems.