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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.

AWS launches Amazon ML Solutions Lab

The Amazon ML Solutions Lab connects machine learning experts from across Amazon with AWS customers.

AI-powered chatbot Mezi raises $9 million

AI-powered chatbot shopping app Mezi, has raised $9 million in Series A funding. Existing investors Nexus Venture Partners participated in the round, along with new investors Saama Capital and American Express...

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...

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,...

Anodot raises $15 million

Israel-based Anodot, a company that uses AI/ML for analytics and business intelligence has raised a $15 million Series B round. The investment was led by Redline Capital Management, with existing investors...

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.

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...

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...

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...

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,...

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...

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...