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Alation raises $23 million

Redwood City, California-based collaborative data cataloging company Alation has closed a $23 million Series B funding round, led by Icon Ventures. Harmony Partners, Costanoa Ventures, and Data Collective also participated in...

Microsoft adds enhancements to its Computational Network Toolkit

Microsoft is adding language enhancements, an expanded toolbox, and improved readers for text and speech to its open source Computational Network Toolkit (CNTK), a tool used to speed up advances in...

Honeywell, Carnegie Mellon developing supply chain robotics and AI solutions

Honeywell has inked a strategic collaboration with Carnegie Mellon University to work on artificial intelligence and robotic technologies.

MIT and IBM Lab partnership launches 48 projects to tackle AI challenges — Forbes

Today, the lab has 100 AI scientists that include 60 from MIT and 40 from IBM and resides in Cambridge, Massachusetts. Within a year, the lab has received 186 proposals from...

Delphi to acquire nuTonomy for $450 million

Delphi Automotive has signed an agreement to acquire nuTonomy for an upfront purchase price of $400 million and earn-outs totaling approximately $50 million. The transaction is subject to customary closing conditions and...

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.

Miso Robotics raises $10M

Miso Robotics, a robotics and artificial intelligence solutions company for restaurants and food providers, has secured $10 million in Series B financing.

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...

PARC to develop Explainable Artificial Intelligence (XAI) science for DARPA

PARC was recently awarded a multi-million dollar contract by the Defense Advanced Research Projects Agency (DARPA), under its Explainable Artificial Intelligence (XAI) program, to develop an interactive sense-making system. The key idea behind...

Virtual Incision raises $18 million Series C round

Robotically-assisted surgical devices company Virtual Incision has raised $18 million in Series B funding. The round was co-led by new investor Sinopharm Capital, the private equity fund initiated by Chinese healthcare...

MIT trains psychopath robot ‘Norman’ using only gruesome Reddit images — Newsweek

Scientists at the Massachusetts Institute of Technology (MIT) trained an artificial intelligence algorithm dubbed "Norman" to become a psychopath, writes Benjamin Fearnow in Newsweek. Here is the link: http://www.newsweek.com/mit-norman-psychopath-rorschach-ai-inkblot-test-psycho-reddit-artificial-962045

Yahoo Acquires AI Imaging Company LookFlow

Yahoo has acquired LookFlow, a startup that lets users discover and share images using artificial intelligence and machine learning. LookFlow revealed the acquisition on its website. The LookFlow technology is expected to...

Google announces its principles for all AI work going forward; and the things it...

Google has announced seven principles that the company says will guide its artificial research work going forward.

Mythic raises $30M

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

Genpact acquires OnSource

Genpact has acquired OnSource, an Inspection-as-a-Service (IaaS) provider for property and casualty (P&C) insurance carriers and their customers. Terms of the deal were not disclosed. The OnSource IaaS product will leverage Genpact...