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Elon Musk , the technology mogul and visionary who has brought us such technology innovations widespread electronic payments via PayPal, electric cars via Tesla Motors , and commercial rocket service via SpaceX , warns that artificialintelligence has the threat of becoming mankind''s "biggest existential threat" last week.
ArtificialIntelligence (AI), and particularly LargeLanguageModels (LLMs), have significantly transformed the search engine as we’ve known it. With Generative AI and LLMs, new avenues for improving operational efficiency and user satisfaction are emerging every day.
Los Angeles-based TeleSign , which powers the phone-based verification and authentication systems of many top tier Internet e-commerce and web services providers, said on Thursday that it has begun using machinelearning in its fraud intelligence software, TeleSign Score.
Thursday, November 3, 2016 -- LA CEOs: Trends in ArtificialIntelligence (AI) - Science vs Science Fiction. What is happening in ArtificialIntelligence (AI). No service providers admitted. There has been a great deal of hype as well as hand-wringing about AI that has appeared in the news lately.
Los Angeles-based Retina , a startup which develops machinelearning and artificialintelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses.
Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machinelearning. Lantern Credit said Korns previously has served at such companies as IBM, Tymshare Transaction Services, Xerox Imaging and Investment Science.
Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificialintelligence research. OpenAI says its goal is to advance digital intelligence in a way that "is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return."
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.
Playa del Rey-based The Smart Action Company is looking to apply artificialintelligence (AI) to the interactive voice response market, and has released a new producted focused on internative voice response, or IVR. Tags: smart phone artificialintelligence startup voice action response. READ MORE>>.
One of the hottest sectors of the technology startup market today is the use of artificialintelligence, big data, and machinelearning across many different sectors including finance. We worked with them to create a machinelearningmodel for that line of business, which significantly outperforms traditional methods.
MarketerHire , a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. . Brands can typically fill their open positions in as little as 48 hours, the company said.
The event, held at Disney's Burbank Studios, included companies demonstrating 3D, Disney-themed printed prosthetic arms; artificialintelligence which allows you to carry on a private conversation with Miss Piggy over social messaging services; brain monitoring headsets; and much more.
Los Angeles- and Las Vegas-based Influential , which operates a service to help match brands with influencers, has raised $12M more in a Series B funding, the company disclosed today. The funding came from Capital Zed, ECA Ventures, Paradigm Talent Agency, ROAR, the Tech Coast Angels, plus WME. Influential is led by CEO Ryan Detert.
In a bid to make it easier for consumers to get personalized wine recommendations, San Luis Obispo-based startup Tastry said it has launched a new artificialintelligence-powered service for wine recommendations.
It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificialintelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.
Los Angeles-based March Capital is the lead investor in an artificialintelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificialintelligence, and machinelearning startups in the enterprise.
Costa mesa-based artificialintelligence software developer Veritone announced this morning that it now supports the NVIDIA CUDA platform for its AI and machinelearning (ML) software.
Los Angeles-based WebPurify , which provides online content moderation services, said it has launched a new, automated image moderation service to help screen user generated content for nudity. READ MORE>>.
La Jolla-based GoSecure, a provider of managed security services, said today that it has acquired Covail, a security and risk optimization and automation company. GoSecure said it will use Covail's expertise in artificialintelligence (AI) to augment its platform. Financial terms of the acquisition were not announced.
According to EvoNexus, the incubator will work with startups focused on technology areas that will impact financial services companies of all sizes and the customers they serve. EvoNexus did not say how much funding companies joining the incubator will gain, or the structure of the incubator.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificialintelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machinelearning platform to deliver AI-as-a-Service from discovery to deployment.
San Diego-based Fairway Technologies , a provider of consulting services in the IT area, said it has acquired Los Angeles-based IT Strategists , a provider of big data and data-driven IT consulting. Financial terms of the acquisition were not announced. READ MORE>>.
A new, Los Angeles-based startup, Juris , said this morning that it has launched a new, artificialintelligence-powered service to help renters get their security deposits back. According to Juris, its new service, DepositLetter , uses AI-tools to help people recover illegally withheld security deposits on behalf of renters.
What's the biggest lesson you learned this year? Jaspar Weir: This isn't something we learned this year, but rather something we think people need to hear this year. AI (AKA artificialintelligence and machinelearning) can feel intimidating, largely because people fear AI automation will eliminate jobs for humans.
A year ago, the leading Chinese Internet company Tencent Holdings pegged the global number of artificialintelligence 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.
Santa Monica-based Cornerstone OnDemand said Tuesday afternoon that it has agreed to acquire Evolv , a machinelearning and data science company based in San Francisco. According to Cornerstone OnDemand, it will use the buy to bolster its big data analytics and machinelearning efforts. in cash, plus assume up to 2.0M
Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017. His last company, ParkMe, was sold to Inrix back in 2015.
Santa Monica-based Catasys , a provider of artificialintelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic. READ MORE>>.
Postmates, the popular food delivery service, raised another $225 million at a valuation of $2.4 Vianai raises $50M seed to transform machinelearning. Online personal shopping service Lookiero gets $19M. billion in a round led by the private equity firm GPI Capital this week. Indian startup Digi-Prex raises $5.5M
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>>.
Los Angeles-based Whistle , which develops a software platform for hotels to text message their guests, said this morning that it has added new artificialintelligence capabilities to its software. According to Whistle, the modules are being piloted at an un-named, major hotel chain. Whistle is led by CEO Christopher Hovanessian.
GumGum , the Los Angeles-based startup that’s spent the past decade applying machinelearning technologies to advertising and sports, has spun out a new healthcare startup focused on the dental industry called Pearl. Machinelearning in the dental business can achieve four main objectives, says Tanz.
Rippol said its algorithm--which is it billing the "Butterfly Effect Network"--uses advanced machinelearning to rank videos that a users has watches, rates, or reviewed and cross references them to what a users'a friends and demographic has been watching.
Venice, California-based Thankful, a new artificialintelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures.
According to the company, the funding was led by Credito Real, the Mexican financial services company. Camino Financial says it is building artificial-intelligence driven software which will help unlock access to the Latinx market, where it says entrepreneurs have a difficult time getting funding for their business ventures.
Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificialintelligence and mobile, articulated robots for the logistics industry. READ MORE>>.
Medallia said that Zingle's technology is now being used by hospitality and travel companies to deliver "high touch service in real-time" at scale. The company's artificialintelligence (AI) driven tools allows consumers to interact with hotels and other companies for common requests in a natural way, via texting and chat.
Costa Mesa-based Veritone , a developer of artificialintelligence software, said this morning that it has added Nayaaki Nayyar as a member of its board of directors.
A new, Los Angeles startup-- Elves --said this week that it has launched a new service, aimed at helping users tackle travel booking, using both artificialintelligence and real human beings.
Los Angeles-based email software developer SaneBox , which develops artificialintelligence software that helps people prioritize and sort their emails, is now available on the cloud marketplace run by technology distributor Ingram Micro.
Irvine-based cybersecurity software developer Cylance says it has extended its artificialintelligence driven, endpoint protection software, CylancePROTECT, to the AWS Marketplace. AWS Marketplace is Amazon's marketplace for business software that runs on the Amazon Web Services (AWS) cloud computing infrastructure.
Los Angeles-based I.am+ , the tech startup started by pop star will.i.am , said on Monday that it has raised $117M in a venture funding round, and has launched itself into the artificialintelligence tools market for the enterprise. According to I.am+, the round includes Salesforce Ventures, along with other.
Managing Directors: Tx Zhuo and Eva Ho Investment interests: Data, artificialintelligence-enabled technologies, and automation being applied to enterprise software, financial services, marketplace, and digital health. Managing Director: Ryan Blair Investment interests: Companies which leverage direct-to-consumer model.
RingDNA, led by founder and CEO Howard Brown, says it is using artificialintelligence for enterprise sales acceleration and voice automation, and now counts such customers as Hewlett Packard Enterprise, Amazon Web Services, Autodesk, SAP Concur, Cvent, Lyft, and Twilio. READ MORE>>.
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