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Temasek Funds New AI Effort In San Diego, Aicadium

socalTECH

Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.

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Reali Launches In San Diego

socalTECH

Reali , a Silicon Valley real estate startup backed by Zeev Ventures, Signia Venture Partners, and others, has officially launched in the San Diego company. As part of Reali's move into San Diego, the company said it is launching a new nonprofit effort called Reali for Good, a program which will support U.S.

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ServiceNow Acquires Passage AI

socalTECH

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Financial details of the buy were not announced. READ MORE>>.

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ServiceNow Acquires Loom Systems

socalTECH

ServiceNow , the developer of service management software which has major operations in San Diego, has acquired Loom Systems , an Israeli company which develops artificial intelligence software used for IT operations management. Financial terms of the deal were not announced. 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.

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Diffbot’s A.I. Engine Draws Global Map of Machine Learning Expertise

Xconomy

A year ago, the leading Chinese Internet company Tencent Holdings pegged the global number of artificial intelligence researchers and professionals at 300,000 or less—just as the unmet demand for such experts was pushing salary offers to as much as $1 million.

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Gretel Gets Seed Funding For Data Sharing Startup

socalTECH

San Diego-based Gretel has raised a seed round of funding, to go towards its development of software which helps developers and engineers access and share anonymized data for developing applications. The funding was led by Moonshots Capital, and also included Greylock Partners and Village Capital.