Press Releases

Aspen Technology Acquires Mnubo and Sabisu to Deliver Scalable AI-Driven Solutions for the Smart Enterprise

July 12, 2019

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the internet of things (IoT). Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications quickly,


July 2, 2019 at 7:00AM PDT

Tara AI, a product management platform that uses machine learning to predict the technical tasks, engineering resources and timelines needed for new software projects, has secured $10M in Series A funding, led by Aspect Ventures, with participation from Slack Fund. Existing seed investors Y Combinator and Moment Ventures also participated

Kount Launches the Next-Generation Artificial Intelligence Solution that Changes the Way Payments Fraud Prevention is Delivered

June 26, 2019 at 8 am ET

Kount™, the leading digital fraud prevention company, today announced the next-generation AI-driven solution that changes the way payments fraud prevention is delivered. Kount is the pioneer in using machine learning in transactional fraud prevention, with supervised and unsupervised solutions dating back to the company’s inception over a decade ago. Kount’s

Microway Boosts Solutions with 2nd Generation Intel Xeon Scalable Processors

June 26, 2019

Microway Boosts Solutions with 2nd Generation Intel Xeon Scalable Processors New CPUs shipping across line of turn-key workstations, clusters, and servers for HPC and AI   Plymouth, MA – Microway, a leading provider of computational clusters, servers, and workstations for AI and HPC applications, announces that bleeding-edge 2nd Generation Intel®

GovCon Leader NCI Partners with Holonic Technologies to Provide AI-driven Code Refactoring

June 24 at 8:00 am

NCI Information Systems, Inc. (NCI), a leading provider of advanced information technology solutions and professional services to U.S. federal government agencies, today announced an exclusive partnership with Holonic Technologies, Inc. (Holonic). Holonic is an artificial intelligence (AI) firm based in Atlanta that specializes in automated code refactoring, modernization and replatforming.

Text IQ Raises $12.6M Series A to Advance AI Platform for Identifying Sensitive Information

June 19, 2019 8 am Eastern

Text IQ, a leading provider of AI solutions for identifying sensitive information, today announced it has raised a $12.6M Series A led by FirstMark Capital with Sierra Ventures. The funding will help the company accelerate its expansion into enterprise compliance and privacy.   The Text IQ suite of AI solutions

Inawisdom announce successful partnership with renewable powerhouse, Drax Group

May 9th 2019

Inawisdom is delighted to announce its partnership with Drax Group which is harnessing incredible results for the B2B renewable electricity supplier. By utilising the latest Artificial Intelligence (AI) and Machine Learning (ML) tools from AI innovators, Inawisdom and Amazon Web Services (AWS), Drax Group has transformed its data insight and

Product Roundup: DDN, AI-powered Drug Discovery; Frictionless Facial Authentication

April 5, 2019 at 10:00 AM

By AI Trends Staff This is the first of a regular AI Trends round up of new products, partnerships and announcements in artificial intelligence for business. This month, we highlight new offerings and tools from DDN, dotData, Daedalean, and Alcatraz AI. dotData, the first and only company focused on delivering

Inspur Unveils Specialized AI Servers to Support Edge Computing in 5G Era

March 22, 2019 at 7:00 AM

By AI Trends Staff Inspur has announced a specialized AI server for edge computing applications. The new Inspur NE5250M5 includes two NVIDIA V100 Tensor Core GPUs or six NVIDIA T4 GPUs for compute-intensive AI applications, including autonomous vehicles, smart cities and smart homes. It also can enable 5G edge applications

Neurala's Brain Builder Said to Lower the Bar for Creation of AI Applications

March 19, 2019 at 10:00 AM

Neurala s Brain Builder is an end-to-end SaaS platform aimed at streamlining the creation of custom vision AI solutions. By giving organizations an all-in-one tool for data tagging, training, deployment, and analysis, Brain Builder aims to make custom AI creation more efficient and accessible for AI beginners and experts alike.

Determined AI Announces the Future of AI Infrastructure

March 15, 2019 at 7:00 AM

By Neil Conway, Evan Sparks, and Ameet Talwalkar of Determined AI We are entering the golden age of artificial intelligence. Model-driven, statistical AI has already been responsible for breakthroughs on applications such as computer vision, speech recognition and machine translation, with countless more use-cases on the horizon. But if AI

Unity Technologies Launches AI Challenge Designed to Push Limits

January 29, 2019 at 10:00 AM

In collaboration with prize sponsor Google Cloud Platform, the Obstacle Tower Challenge is a first-of-its-kind contest that will test the broadest set of artificial intelligence capabilities to date San Francisco, January 28, 2019 Unity Technologies (, creator of the world s most widely used real-time 3D development platform, today announced

Object Management Group and Industrial Internet Consortium to Present the AI & Real-time IoT Track at AI World Conference & Expo

December 5, 2018 at 1:21 PM

Members Share Practical Insights about AI and Real-time IoT BOSTON, December 3, 2018 The Object Management Group (OMG ) and the Industrial Internet Consortium (IIC ) will present the AI & Real-time IoT track at the AI World Conference & Expo 2018. Held in Boston from December 3 5, the

DarwinAI Emerges from Stealth with Design, Optimization and Explainability Platform for Deep Learning

September 21, 2018 at 10:00 AM

DarwinAI, a Waterloo, Canada startup creating next generation technologies for Artificial Intelligence development, has announced it is emerging out of stealth with $3M in seed funding co-led by Obvious Ventures and iNovia Capital, and angels from the highly respected Creative Destruction Lab accelerator in Toronto. The team s Generative Synthesis


August 16, 2018 at 7:36 AM

Providing a strategic look at the state of the practice in enterprise AI across multiple vertical industries NEEDHAM, MA (August 15, 2018) AI World Conference & Expo, part of Cambridge Innovation Institute (CII), announces that IDC, the premier global provider of information technology market intelligence and advisory services will lead

BotChain Continues Partnership Growth with Additions of Passage AI and SEED

June 26, 2018 at 10:00 AM

BotChain, the universal ledger for verified bot registration on the blockchain, announced partnerships with Passage AI and SEED. All three organizations share a common goal: heightening trust, transparency and collaboration in the AI ecosystem. Together, they are committed to leveraging the power of blockchain to advance these goals. These partnerships

AI World Teams Up with Fortune to Produce Branded Content on AI in the Enterprise

June 12, 2018 at 10:30 AM

AI World Conference & Expo, part of Cambridge Innovation Institute, has announced a collaboration with FORTUNE to produce a branded content section focused on Artificial Intelligence in the Enterprise. The branded content section will be published in a fall 2018 issue of FORTUNE, and will be available at the Third

NVIDIA Introduces HGX-2, Fusing HPC and AI Computing into Unified Architecture

June 1, 2018 at 10:10 AM

NVIDIA on May 30 introduced NVIDIA HGX-2 , the first unified computing platform for both artificial intelligence and high performance computing. The HGX-2 cloud server platform, with multi-precision computing capabilities, provides unique flexibility to support the future of computing. It allows high-precision calculations using FP64 and FP32 for scientific computing

Barclays Appoints Adam Kelleher as Chief Data Scientist for Research

May 18, 2018 at 9:31 AM

Barclays has announced the appointment of Adam Kelleher as Director and Chief Data Scientist for Research. In this newly created role, he will be responsible for building a new global team of data scientists with expertise in sourcing, normalizing, and utilizing alternative data sets to support Barclays Research franchise. Dr.

SenseTime Raises US$600 Million in Series C Funding

April 10, 2018 at 9:50 AM

SenseTime, a leading AI company based in China, has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking the lead role for this round of funding; other participants include Temasek and Suning. The company set a record by raising US$410 million in its series

MIT, SenseTime advancing AI research as part of new MIT Intelligence Quest

March 2, 2018 at 10:08 AM

.MIT and SenseTime today announced that SenseTime, a leading artificial intelligence (AI) company, is joining MIT's efforts to define the next frontier of human and machine intelligence. SenseTime was founded by MIT alumnus Xiao ou Tang PhD 96 and specializes in computer vision and deep learning technologies. The MIT-SenseTime Alliance

Allure Security Closes $5.3 Million in Seed Round Funding

January 25, 2018 at 11:10 PM

Allure Security today announced the close of a $5.3 million seed funding round. (Allure executives are shown above.) The company will use the investment to further innovate its industry-first data loss detection and response (DDR) platform and to continue to add key personnel to its new Boston-area headquarters. Allure s

AI World 2017 Draws Over 2,300 Attendees and Announces 2018 Event

January 23, 2018 at 1:30 PM

Press Release AI World 2017 Draws Over 2,300 Attendees and Announces 2018 Event Plans Underway to Expand Content and Industry Participation at AI World 2018, Dec 3-5 in Boston Westborough, MA Jan 23, 2018 Trends Equity, Inc. today announced that the second annual AI World Conference and Expo held

Qualcomm Invests in Chinese AI Unicorn SenseTime for On-Device AI

November 21, 2017 at 10:13 AM

SenseTime, China s leading AI unicorn, on Nov. 15 announced a strategic investment agreement with global communications giant Qualcomm Inc., which is pending closing. (Photo above shows SenseTime co-founder and CEO Li Xu (right), and Keith Kressin, SVP of product management at Qualcomm (left).) The two companies will working on

Cognitive Computing Consortium Holds Directions in Cognitive Program at AI World 2017

November 14, 2017 at 11:39 AM

Cognitive Computing Consortium Holds Directions in Cognitive Program at AI World 2017 Conference in Boston Thought Leaders in AI and Cognitive Computing to Address the Latest Trends and Case Examples at New AI World Conference Program Westboro, MA November 14, 2017 Cognitive Computing Consortium, a Boston-based think tank that supports