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Tag: MIT

Celect raises $10M

Celect, a Boston-based company that offers a cloud-based predictive analytics SaaS platform for retailers, has closed $10 million in Series B funding. The investment was led by Activant Capital, with participation from Fung Capital and August Capital. Celect is founded by MIT professors Vivek Farias and Devavrat Shah, and uses machine learning, which the company says allows retailers to better understand their customers’ buying patterns.

Cogito raises $15M

DARPA-funded artificial intelligence company Cogito has raised a $15 million Series B round. The investment was led by OpenView, with participation from existing investors Romulus Capital and Salesforce Ventures. Scott Maxwell, founder and managing partner of OpenView, has joined the company’s board. Cogito says it combines behavioral science and artificial intelligence to detect emotional state, and determine if a person's mood has changed in real time. The company offers solutions for customer support and sales.

The code that took America to the moon was just published to GitHub, and...

Former NASA intern Chris Garry uploaded the Apollo Guidance Computer source code to GitHub, on July 7th. Keith Collins wrote a piece on Quartz, talking about what happened after (coders began dissecting the software,  especially the comments) and how the code was written. Here is the link - http://qz.com/726338/the-code-that-took-america-to-the-moon-was-just-published-to-github-and-its-like-a-1960s-time-capsule/ Here is the link to the original Apollo 11 guidance computer (AGC) source code on GitHub https://github.com/chrislgarry/Apollo-11/. 

New way to turn electricity into light using graphene, can lead to light-based circuits

When an airplane begins to move faster than the speed of sound, it creates a shockwave that produces a “boom” of sound. Researchers at MIT working with a research team worldwide, have discovered a similar process in a sheet of graphene, in which a flow of electric current can, under certain circumstances, exceed the speed of slowed-down light and produce a kind of optical “boom”: an intense, focused beam of light. This way of converting electricity into visible radiation is highly controllable, fast, and efficient, the researchers say, and could lead to a variety of applications. There are many different ways of converting electricity into light — from the heated tungsten filaments that Thomas Edison perfected more than a century ago, to fluorescent tubes, to the...

Machine learning algorithms could construct first images of black holes

Researchers from MIT's Computer Science and Artificial Intelligence Laboratory and Harvard University have developed a new algorithm that could help astronomers produce the first image of a black hole. The algorithm would stitch together data collected from radio telescopes scattered around the globe, under the auspices of an international collaboration called the Event Horizon Telescope. The project seeks, essentially, to turn the entire planet into a large radio telescope dish. "Radio wavelengths come with a lot of advantages," says Katie Bouman, an MIT graduate student in electrical engineering and computer science, who led the development of the new algorithm. "Just like how radio frequencies will go through walls, they pierce through galactic dust. We would never be able to see into the center of our galaxy...

MIT, Lockheed Martin Ink Autonomy, Robotics Research Collaboration

As part of a new collaborative initiative in autonomy and robotics, MIT and Lockheed Martin engineers will focus on innovations needed to enable generation-after-next autonomous systems. Improvements in human/machine teaming and navigation in complex environments are among the research challenges that Lockheed Martin is inviting MIT faculty and their students to help solve. A master agreement between MIT and Lockheed Martin, led by the Institute's Department of Aeronautics and Astronautics (AeroAstro), and in collaboration with MIT's Computer Science and Artificial Intelligence Laboratory, was formalized on Friday at a signing ceremony on campus. It provides a multi-year framework between MIT and Lockheed Martin for collaborative research, exchange of visiting scientists, support of student Undergraduate Research Opportunities, fellowships, and internships at Lockheed Martin. Initial research will be conducted...

Intel-GE Care Innovations Holds First Hackathon

Intel-GE Care Innovations, in partnership with MIT Hacking Medicine, StartX, and Stanford Medical School hosted its first ever hackathon on the campus of Stanford University September 19-21. The event looked to create more effective and meaningful connections between patients, clinicians, and the data collected outside the walls of the clinical setting. Over the course of 48 hours, nine teams, comprised of computer programmers, developers, engineers, designers, clinicians, scientists, nurses, family caregivers, patients, and entrepreneurs, worked to develop and design innovative solutions to close the gap between patient consumers and their providers outside the walls of the hospital, and establishing connections that create lasting behavioral change and more informed clinical care. At the end of the hackathon, a panel of judges chose four winning teams, with the...

MIT Launches Online Big Data Course

MIT will offer its first online professional course, Tackling the Challenges of Big Data, to a global audience beginning March 4, 2014. The four-week online course, aimed at technical professionals and executives, will tackle state-of-the-art topics in big data ranging from data collection, storage and processing to analytics and visualization, among other things.

Nissan To Sell Autonomous Cars By 2020

Nissan will be ready with multiple, commercially-viable Autonomous Drive vehicles by 2020, says the company. Autonomous driving will be achieved at 'realistic prices' for consumers, according to Nissan, and the goal is availability across the model range within two vehicle generations. Carlos Ghosn (CEO, Nissan): I am committing to be ready to introduce a new ground-breaking technology, Autonomous Drive, by 2020, and we are on track to realize it.  Nissan is building a dedicated autonomous driving ground in Japan, to be completed by the end of next year. Featuring real townscapes (masonry, not mock-ups), the test area will be used extensively for vehicle testing. Nissan engineers have been carrying out research on the technology for years, alongside teams from universities, including MIT, Stanford, Oxford, Carnegie Mellon and the University of Tokyo....

Robotics Competition Lets Students Control Satellites Aboard ISS

An algorithm competition from Zero Robotics seeks computationally efficient code solutions to control a satellite in space. The developers? Students. Competitors in the tournament will be tasked with programming active experimental satellites called SPHERES. Students can create, edit, share, save, simulate and submit code, from a Web browser. Finalists will compete in a live championship aboard the International Space Station. An astronaut will conduct the championship competition in microgravity with a live broadcast. The online challenge begins September 7th with a live webcast kickoff and is open to all eligible high school students. You can find details about the competition and at http://www.zerorobotics.org The event is sponsored by DARPA, NASA, and CASIS and run by the MIT Space Systems Laboratory, TopCoder, and Aurora Flight Sciences. 

Ink Raises $1.8M

Ink, the company behind Filepicker.io, has closed a $1.8 million seed funding round. The round was led by Andreessen Horowitz and Highland Capital Partners. Ink builds middleware that lets devices, applications, and software talk to each other, irrespective of which vendors built them. Ink was originally a Y Combinator company, winning the MIT $100K Entrepreneurship Competition in 2012. Ink investors include SV Angel, Google board member Ram Shriram, Geoff Ralston (La La Media), Aaron Iba (Y Combinator), Pejman Nozad (Amidzad), Facebook VP of Business Development and Monetization Dan Rose, Ullas Naik (Streamlined Ventures), Hamid Barkhordar, Bobby Yazdani (Saba Software), Niall Browne (Workday), and Data Collective. Ink will be introducing an improved Ink File Picker and new development product in July 2013, says the company.

3dim Wins MIT Prize For 3D-Gesture Recognition On Mobile Devices

3dim, a startup working on sensor-level software that recognizes three-dimensional gestures on mobile devices, was awarded the Robert P. Goldberg $100,000 grand prize after beating out seven other finalist teams during the MIT $100K Entrepreneurship Competition finale. This year's teams of finalists in the business launch competition -- whose offerings included, among others, a nuclear generator to be used in regions off power grids and sensors on a microchip for the measurement and detection of chemical substances -- emerged from a pool of 215 teams. The award was presented by MIT Police Chief John DiFava who paid tribute to Sean Collier, the MIT police officer who was slain in the line of duty last month by the Boston Marathon terror bombing suspects. 3dim's signal processing software algorithms...

Arctic Sand Closes $9.6M Series A Funding

Arctic Sand Technologies, a fabless semiconductor company working on power management in electronic devices, closed $9.6 million in Series A financing. A syndicate of financial investors—including Arsenal Venture Partners, Northwater Capital and Ray Stata, and strategic investors, including Dialog Semiconductor and Energy Technology Ventures (ETV, a joint venture involving ConocoPhillips, GE and NRG Energy. Founded in 2011, Arctic Sand Technologies is a privately held, fabless semiconductor company, spun out of MIT, based in Cambridge, Mass.

MIT President Speaks Up On Aaron Swartz

President of the Massachusetts Institute of Technology (MIT), L. Rafael Reif, emailed a message to the MIT community, talking on Mr. Swartz. Mr. Reif has also launched a 'thorough analysis' of the 'perceived unusual activity' on the MIT network. In another development, the hacktivist organization Anonymous is believed to have hacked MIT's website, and left a tribute to Mr. Swartz on one of the institution's sub-domains. The MIT website was down for several hours on Sunday, before being online again. Mr. Swartz was a young genius and activist who killed himself on the eve of a trial next month, following allegations that he had downloaded millions of academic documents from JSTOR, a digital library, using among other things, the MIT network. JSTOR is part of ITHAKA, a not-for-profit...

Behavior Analytics Startup Ginger.io Raises $6.5M

Ginger.io, a behavioral health analytics startup, has raised a $6.5 million Series A funding round led by Khosla Ventures. Existing seed investors True Ventures and Romulus Capital also participated. Drawing on research from the MIT Media Lab, Ginger.io’s mobile application uses an individual’s smartphone to identify changes in behavior that correlate with his or her health. The company is evaluating its system across a number of key conditions including depression, diabetes and cardiovascular disease. The latest version of the Ginger.io platform, released earlier this fall, provides both a provider team and a patient with health insights based on that person’s behavior. Since raising its seed round just over a year ago, the company has expanded, absorbed the Rock Health startup Pipette, and opened a San Francisco, California office in addition...