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IBM launching Watson Media artificial intelligence solution for videos

IBM  is launching IBM Watson Media, a suite of AI-powered solutions that analyze images, video, language, sentiment and tone. The US Open tennis championship will use one of the first solutions...

Microsoft acquires deep learning startup Maluuba

Microsoft has acquired Maluuba, a Montreal-based deep learning company working on natural language understanding. In a blog post, Harry Shum, executive vice president, Microsoft Artificial Intelligence and Research Group, said Maluuba’s expertise in deep learning...

Can Your AI Deliver A TED Talk?

XPrize is creating a prize competition presented by TED, for the development of artificial intelligence (AI) so advanced that it could deliver a TED Talk with no human involvement. The announcement was made at the TED2014 conference stage.

Google Buys Artificial Intelligence Company DeepMind For $400M

Google is buying artificial intelligence company DeepMind for a reported $400 million. Founded by Demis Hassabis, Shane Legg and Mustafa Suleyman, DeepMind is based in London. DeepMind combines techniques from machine learning and systems...

AARP, University of Illinois opening technology lab for research

AARP and the University of Illinois are opening The Tech Nest, a new technology lab at the University of Illinois Research Park. The new lab, a 2,700 square-foot facility, enables AARP to...

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...

Baidu, Xiaomi to work together on AI, IoT technologies

Baidu and Xiaomi have entered into a partnership to collaborate on artificial intelligence (AI) and Internet of Things (IoT) technologies.

Bosch, Nvidia developing AI self-driving systems for mass market cars

Bosch says it is working with Nvidia to develop artificial intelligence self-driving systems for mass market cars. According to a statement from Nvidia, the two companies are developing an AI self-driving car computer...

Microsoft buys AI-powered scheduling app Genee

Microsoft has signed an agreement to acquire Genee, an artificial intelligence-powered scheduling app for meetings. Genee uses natural language processing and optimized decision-making algorithms, says Microsoft.  Co-founders Ben Cheung and Charles Lee,...

Mitsubishi develops automated design deep learning algorithm

Mitsubishi says it has developed a high-speed training algorithm for automotive deep learning that incorporates necessary inference functions for identification, recognition and prediction of unknown facts based on known facts. The new algorithm...

Amazon gets into virtual reality with Sumerian

Amazon Web Services (AWS) has launched Amazon Sumerian, a new service for developers to build Virtual Reality (VR), Augmented Reality (AR), and 3D applications.

Chorus.ai raises $6.3 million

Chorus, a San Francisco and Tel-Aviv-based startup that says it uses artificial intelligence and natural language processing to helps sales teams learn what to say to route them more quickly to a...

D-Wave, Virginia Tech to create permanent quantum computing center

D-Wave and Virginia Tech have inked an agreement to work towards the creation of a permanent quantum computing center, to house a D-Wave system at the Hume Center for National Security...

Bigfinite raises $8.5 million

Bigfinite, a provider of data analytics and AI solutions for the pharmaceutical manufacturing industry, has raised $8.5 million in a seed round of financing. The investment was led by Crosslink Capital,...

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...