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BAE Systems wins $4.7M DARPA contract for ML technology for RF detection platforms

BAE Systems has been awarded funding from the Defense Advanced Research Projects Agency (DARPA) to integrate machine-learning (ML) technology into platforms that decipher radio frequency signals.

Kyndi raises $20M

Kyndi, an artificial intelligence company building an explainable AI platform, has raised $20 million in Series B funding.

Tara AI raises $10M

Tara AI, a product management platform company that uses machine learning to predict technical tasks, engineering resources and timelines needed for software projects, has secured $10 million in Series A funding. 

Bill Gates: If I were starting a company today, it would use AI to...

If Bill Gates were to drop out of Harvard University and start a new company today, it would be one that focuses on artificial intelligence, he said in an interview on...

Spanish utility company Naturgy signs hybrid cloud services agreement with IBM

Spain-based Naturgy, a supplier of gas and electricity, serving more than 18-million customers in more than 30 countries, has inked a ten-year agreement with IBM to help implement a hybrid cloud strategy.

Mythic raises $30M

Mythic has raised $30 million in Series B-1 funding.

Cien raises $3.5M

Cien, a provider of AI-powered sales productivity solutions, has completed a $3.5 million seed round.

US universities and retirees are funding the technology behind China’s surveillance state — BuzzFeed

Millions of dollars from US university endowments, foundations, and retirement plans have helped fund two billion-dollar Chinese facial recognition startups: SenseTime and Megvii, writes Ryan Mac, Rosalind Adams, Megha Rajagopalan. Here is...

ID R&D raises $5.7M

ID R&D, a biometrics technology provider that offers AI-based voice and behavioral biometrics and voice and face anti-spoofing technologies, has raised $5.7 million.

10 things we should all demand from Big Tech right now — Vox

We need an algorithmic bill of rights, writes Sigal Samuel. Here is the link: https://www.vox.com/the-highlight/2019/5/22/18273284/ai-algorithmic-bill-of-rights-accountability-transparency-consent-bias

Robocrop: world’s first raspberry-picking robot set to work — The Guardian

Each robot will be able to pick more than 25,000 raspberries a day, writes Julia Kollewe and Rob Davies. Here is the link: https://www.theguardian.com/technology/2019/may/26/world-first-fruit-picking-robot-set-to-work-artificial-intelligence-farming

Prowler.io raises $24M

Prowler.io, has raised $24 million in a funding round, from both existing and new investors.

Andrew Yang: The U.S. government is 24 years behind on tech — VB

Moments before Yang stepped onstage last week to deliver a speech at the Techonomy 2019 conference in New York City, VentureBeat spoke with him, writes Kyle Wiggers. Here is the link: https://venturebeat.com/2019/05/21/andrew-yang-the-u-s-government-is-24-years-behind-on-tech/

HPE to acquire Cray for $1.3 billion

Hewlett Packard Enterprise (HPE) and Cray have entered into a definitive agreement under which HPE will acquire Cray for approximately $1.3 billion.

U.S. Department of Energy awards Cray $600M supercomputer contract

The U.S. Department of Energy has awarded Cray a contract to build the 'Frontier' supercomputer at Oak  Ridge National Laboratory.