Press Releases

JASK, Building Artificial Intelligence for Cyber-Security, Raises $2 Million

February 16, 2016 at 1:53 AM

JASK, a new company pioneering artificial intelligence and advanced analytics for cyber-security, has raised more than $2 million in seed financing in a round led by Battery Ventures. Vertical Venture Partners and other prominent angel investors also participated. JASK intends to use the proceeds to develop its product and secure

Gorgias Raises $1.5M See Round

February 11, 2016 at 11:05 PM

Today, we re thrilled to announce that we ve raised a $1.5 million Seed round led by Charles River Ventures and Amplify Partners, to help build our new helpdesk. We re incredibly grateful to early users, customers, mentors we ve met both at NUMA and Techstars, and to our investors.

Diffbot raises $10 million for its artificial intelligence technology

February 11, 2016 at 10:47 PM

Today, Diffbot announced that the company secured $10 million in series A funding to build an AI that can autonomously synthesize the world’s largest database of knowledge. Known as the Global Index, Diffbot’s AI-synthesized database surpassed the size of Google’s own Knowledge Graph by using a combination of deep learning,

Machine Learning Company DataRobot Accelerates Growth with $33 Million in New Funding

February 11, 2016 at 9:20 PM

Leading VC firms show generous support for machine learning company and its predictive analytics platform Machine learning automation pioneer DataRobot, Inc.announced today that it has closed $33 million in Series B financing, bringing the total investment in the company to more than $57 million. New Enterprise Associates (NEA) led the

AI Market by Technology - Global Forecast to 2020

February 10, 2016 at 5:05 PM

Diversified application areas are expected to drive the artificial intelligence market The artificial intelligence market is estimated to grow from USD 419.7 million in 2014 to USD 5.05 billion by 2020, at a CAGR of 53.65% from 2015 to 2020. This growth can be attributed to the factors such as

Artificial Intelligence Technologies are Quietly Penetrating a Wide Range of Enterprise Applications

February 5, 2016 at 9:01 PM

The advance of artificial intelligence (AI) technologies has caught the attention of companies and institutions in a wide range of enterprise markets, and executives in almost every industry are considering the potential impact AI will have on their operations, business models, and bottom lines. AI technologies being evaluated and deployed

Frost & Sullivan Recognizes CognitiveScale as the 2015 Visionary Innovation Leader

February 5, 2016 at 6:46 PM

CognitiveScale , the Cognitive Cloud Company , has been recognized by independent analyst firm Frost & Sullivan as the 2015 Visionary Innovation Leader for Artificial Intelligence-Enabled Solutions. CognitiveScale delivers a new class of industry-optimized, machine intelligence-powered software that revolutionizes customer engagement and decision making for patients, shoppers, financial clients, and

Trends Equity Announces Launch of Online Publication Focused on Artificial Intelligence

February 2, 2016 at 7:00 PM

Trends Equity Announces Launch of Online Publication Focused on Artificial Intelligence AI Trends Delivers Need to Know Coverage of AI for Business Executives BOSTON, MA - February 3, 2016 Trends Equity announced today the launch of its new online publication focused on the business and technology of Artificial Intelligence, AI

Versium Launches Machine Learning Driven Automated LifeData Predictive Lead Score Service

January 28, 2016 at 11:14 AM

Versium, a leading data technology company that delivers automated data technology solutions to marketing agencies and enterprises, announced the LifeData Predictive Lead Score service. This self-service solution leverages machine learning and Versium s proprietary LifeData to help marketers quickly build accurate, customized predictive models, allowing them to improve marketing efficiencies

NEC develops Artificial Intelligence technology that makes decisions and plans based on predictions using Big Data

November 6, 2015 at 12:00 AM

NEC develops Artificial Intelligence technology that makes decisions and plans based on predictions using Big Data Tokyo, November 2, 2015 NEC Corporation today announced the development of a Predictive Robust Optimization Framework Technology, enabling software to make decisions and plans based on predictions, as part of its artificial intelligence (AI)

SanDisk Maximizes Production Quality with Machine Learning and Analytics Powered by Cloudera Enterprise

January 28, 2016 at 9:08 PM

PALO ALTO, Calif., Jan. 26, 2016 -- Cloudera, the global provider of the fastest, easiest, and most secure data management and analytics platform built on Apache Hadoop and the latest open source technologies, announced today that SanDisk, a global leader in flash storage, has deployed Cloudera Enterprise as an enterprise

Wise.io Introduces First Intelligent Auto Reply Functionality for Customer Support Organizations

January 27, 2016 at 10:33 PM

Powered by machine learning, Wise Auto Response frees up agent time, boosting productivity, accelerating response time and improving the customer experience. Wise.io, which delivers machine learning applications to help enterprises provide a better customer experience, today announced the availability of Wise Auto Response, the first intelligent auto reply functionality for

Accenture invests in artificial intelligence R&D

January 25, 2016 at 1:21 AM

Accenture says it is committing a significant portion of its global research and development to artificial intelligence and is opening a new Accenture Technology Lab and Centre for Innovation in Dublin, Ireland. Accenture is looking to take a lead in the growing field of artificial intelligence — technologies that enable

Twitter acquired artificial intelligence company Whetlab

January 25, 2016 at 12:26 AM

The changing of the guard in Twitter's executive suite hasn't put a halt to the company's M&A activity. Twitter announced that it has acquired Whetlab, a startup focused on machine learning technology. It's not immediately clear why Twitter decided to acquire Whetlab. But its machine learning technology potentially has a

Artificial intelligence start up Arya.ai gets $750,000 funding

January 25, 2016 at 12:23 AM

MUMBAI: Arya.ai, an artificial intelligence startup has raised $750,000 in a pre-Series-A funding round from YourNest angel fund and VentureNursery members. Arya.ai offers its deep learning algorithms for developers to build intelligent AI systems that can adapt and do multiple things with minimal inputs from humans. From creating an assistant

From $600M to $6B, AI Systems Poised for Dramatic Market Expansion in Healthcare

January 25, 2016 at 12:05 AM

MOUNTAIN VIEW, Calif., Jan. 5, 2016 -- Changes in healthcare delivery methods, timelines and payment options are requiring the adoption of innovative tools to manage patient information and make decisions. The need for data mining and decision-making has put artificial intelligence (AI)-enabled solutions at the forefront of the healthcare revolution.

Narrative Science Launches Narratives for Qlik

January 23, 2016 at 7:59 PM

January 20, 2016 Narrative Science, the leader in advanced natural language generation (NLG) for the enterprise today announced availability of Narratives for Qlik for Qlik Sense users, a first-of-its-kind product extension. The Narratives for Qlik extension, available for download, automatically generates dynamic narratives to accompany Qlik Sense visualizations, explaining what

Almax analytics announces artificial intelligence for capital markets

January 22, 2016 at 2:41 AM

Luxembourg - almax analytics, artificial intelligence for capital markets, has announced its debut to the FinTech world at the European Alternative Investment Funds Conference 2016. KPMG Luxembourg is the host of almax analytics at the event where they seek to identify the leading FinTech companies for Innovation in 2016. The

Gartner Identifies the Top 10 Strategic Technology Trends for 2016

January 22, 2016 at 12:15 AM

Gartner, Inc. today highlighted the top 10 technology trends that will be strategic for most organizations in 2016. Advanced Machine Learning In advanced machine learning, deep neural nets (DNNs) move beyond classic computing and information management to create systems that can autonomously learn to perceive the world, on their own.

CognitiveScale Continues Accelerated Growth, Adds New Global Clients, Expands into Europe

January 21, 2016 at 11:14 PM

AUSTIN, TX October 22, 2015 CognitiveScale , the Cognitive Cloud Company , today announced it has more than tripled its revenues, employees, and customer base in the past 12 months. This extraordinary growth is a direct result of the growing market demand for cognitive computing solutions and CognitiveScale s proven

Fujitsu Takes Systematic Approach to Artificial Intelligence with "Human Centric AI Zinrai"

January 21, 2016 at 3:22 AM

Fujitsu today announced that it is taking its knowledge and technologies for artificial intelligence, cultivated for over 30 years, and structuring them as Human Centric AI Zinrai, which will be incorporated into a range of products and services. Zinrai brings together and systematizes the fields of sensing and recognition, knowledge

Abu Dhabi Islamic Bank Partners with IBM to Launch Innovative Digital Studio

January 21, 2016 at 2:06 AM

Abu Dhabi Islamic Bank (ADIB) today announced that it will fundamentally transform how it interacts and provides services to customers by building a new Digital Studio with consulting services from IBM. The new design studio builds on the bank s efforts to innovate and digitize its products and services to

Under Armour And IBM To Transform Personal Health And Fitness, Powered By IBM Watson

January 21, 2016 at 1:49 AM

Today Under Armour announced a strategic partnership with IBM to create and provide meaningful data-backed health and fitness insights, powered by IBM Watson s cognitive computing technology. Under Armour s new UA Record combined with a Cognitive Coaching System will serve as a personal health consultant, fitness trainer and assistant

NEC strengthens AI-related business

January 20, 2016 at 5:11 PM

NEC Corporation (NEC; TSE: 6701) today announced plans to intensify its efforts toward the research and development of Artificial Intelligence (AI) technology and the commercialization of solutions incorporating this technology. AI technology refers to the use of computers for intellectual activities conventionally carried out by human beings, such as learning,