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Overall VC Fundraising Drops 33%, But AI Investment Surges

Tech.Co

AI investments were responsible for a full 64% of all deal value going into US startups across the first half of the year, a new PitchBook report finds. This time around, the responsible party is one that hadn’t even entered the public consciousness in 2021: Artificial intelligence. It’s part of a huge 75.6%

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53 Questions Developers Should Ask Innovators

TechEmpower

Artificial Intelligence Does your application leverage AI in any way? What about reporting and moderation? Reporting What needs to be reported? Reporting can be endless! Registration Do you plan to support Google Sign-In, Facebook Connect, or similar 3rd-party authentication? For customer service?

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Google's Machine Learning Tools Used To Identify LA Potholes

socalTECH

Machine learning and artificial intelligence are two of the biggest buzzwords in technology today--but how are they being used to help you in everyday life? Google and the student research team did not say if it's reporting those to LA, which already lets users report potholes through an app, MyLA311.

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BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. BlockFraud is led by CEO Massimo Cristini.

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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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

socalTECH

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. We worked with them to create a machine learning model for that line of business, which significantly outperforms traditional methods.

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Silicon Beach Report Oct. 5: Mattel Cancels Artificially Intelligent Baby Monitor Over Privacy Concerns

L.A. Business Journal

Mattel cancels artificially intelligent baby monitor over privacy concerns, career guide Fuel50 raises $2.5 million and SpaceX president slams space regulations.