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“It’s akin to the Shopify ambition where we want to grow a platform company, not get acquired too soon, and provide great jobs to people here.”
“Seventy-five percent of shoppers want personalized offers. They’re saying, ‘Surprise and delight me. Make my life better!’”
The investments are expected to inject enough capital into GM’s self-driving unit Cruise for the unit to reach commercialization at scale beginning in 2019.
qXR, a chest x-ray product that can identify 15 of the most common chest x-ray abnormalities, received CE certification from the European Medical Device Directives, clearing the way for commercialization in 32 European countries.
The funding was led by Trinity Ventures and Bloomberg Beta.
Avrij Analytics said it plans to use the funding to integrate video, photo, and text analysis capabilities.
Artificial intelligence is set to disrupt many industries, and the Ottawa area is poised to grab a slice of the action. That was the message delivered last Thursday to 550 attendees at Impact AI, the city’s first industry conference on artificial intelligence.
Chinese artificial intelligence start-up SenseTime raises $620M for its facial recognition technology
The latest investment in SenseTime came from Fidelity International, Hopu Capital, Silver Lake, and Tiger Global.
Seeing a tremendous opportunity to leverage machine learning technologies in the healthcare industry, Bessemer Venture Partners is launching a $10 million early-stage seed program to back new startups.
“Quantum computing is not a replacement for classical computing. It helps solve some problems that classical computing just cannot handle.”
It could net Google up to $250 million per year, the Intercept reports.
Artificial intelligence… or advanced imitation? How DeepMind used YouTube vids to train game-beating Atari bot
“I think I’m a clone now.”