Monday, April 23, 2018

Top Stories

Sony, Carnegie Mellon University sign research agreement on AI and robotics

Sony  has entered into an agreement with Carnegie Mellon University (CMU) to collaborate on artificial intelligence (AI) and robotics research. 

General Dynamics awarded $300 million Army IT support services contract

General Dynamics Information Technology, a business unit of General Dynamics, was awarded the Intelligence and Security Command (INSCOM) Information Technology Support Services 3 contract.

BenevolentAI raises $115 million

BenevolentAI  has raised $115 million at a pre-money valuation of $2 billion, in one of the largest funding rounds in the AI pharmaceutical sector.

Dow Jones flirting with blockchain technology for digital publishing

Privacy web browser Brave Software and Dow Jones Media Group have inked a partnership aimed at bringing premium content to audiences and testing blockchain technology for digital publishing.

Amazon, Best Buy ink multi-year partnership

Amazon and Best Buy have inked a multi-year collaboration to sell Fire TV Edition smart TVs in the United States and Canada.

Altavian awarded $250 million UAS contract by the U.S. Army

Altavian, a U.S. based Unmanned Aircraft System (UAS) engineering and manufacturing firm, was awarded  a $250 million Indefinite Delivery, Indefinite Quantity contract with the US Army.

Drift raises $60 million

Drift, a conversational marketing and sales platform,  has raised $60 million in Series C financing led by Sequoia Capital.

Worldwide ICT spending expected to exceed $5.6 trillion in 2021, says IDC

Worldwide information and communications technology (ICT) spending, including new technologies, is expected to exceed $5.6 trillion in 2021,  says IDC.