Business of AI
Business of AI

5 Truths About Artificial Intelligence Everyone Should Know

By Rana el Kaliouby, Co-founder and CEO, Affectiva  Last week, I was in LA for the premiere of a new AI documentary, “Do you trust this computer?” (See video link below.) It was a full house with a few hundred audience members. I was one of the AI scientists featured in the documentary along with big wigs […]

SenseTime Raises US$600 Million in Series C Funding

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 B round of funding last […]

The AI Future for NVIDIA: Interview with CEO Jensen Huang

It’s about making the lives of scientists and researchers easier, Jensen Huang, CEO and co-founder of Nvidia tells TechCrunch. He’s speaking of the keynote address he intends to give at the company’s upcoming GTC conference. Held in San Jose, miles away from the company’s new imposing headquarters, Nvidia  is set to host thousands of attendees from the world’s […]

Apple, IBM Couple Watson with Core ML for Expanded Machine Learning

Apple  and IBM  may seem like an odd couple, but the two companies have been working closely together for several years now. That has involved IBM sharing its enterprise expertise with Apple and Apple sharing its design sense with IBM. The companies have actually built hundreds of enterprise apps running on iOS devices. Today, they took that friendship a step further when they […]

Adaptive Intelligence from Oracle Is a Remaking of the Product Line

Oracle is making a major move into AI, training its formidable marketing machine on the landscape in the wake of years of positioning by Salesforce and IBM, to name two competitors in enterprise applications and cloud services. Step one: redefine the landscape in terms specific to Oracle Salesforce calls it Einstein; IBM calls it Cognitive […]

The 6 Biggest Hurdles Slowing the Pace of AI Innovation

At first glance, the artificial intelligence industry seems to be on fire, with tons of consumer demand and ample investor interest. In fact, VC investment in AI startups rose from $3.2 billion in 2014 to more than $9.5 billion in the first five months of 2017. There are countless exciting prospects for AI development, including applications for […]

Andrew Ng Launches $175M AI Incubator Devoted to Machine Learning Startups

Artificial intelligence frontrunner Andrew Ng has raised $175 million for a new incubator devoted to machine learning startups. The fund, backed by NEA, Sequoia Capital, Greylock Partners and SoftBank, won’t invest in outside startups, Ng said in a note this week. Rather, it will fund small strike teams of AI researchers working inside the fund, who will test […]

Inside Amazon’s Artificial Intelligence Flywheel

IN EARLY 2014, Srikanth Thirumalai met with Amazon CEO Jeff Bezos. Thirumalai, a computer scientist who’d left IBM in 2005 to head Amazon’s recommendations team, had come to propose a sweeping new plan for incorporating the latest advances in artificial intelligence into his division. He arrived armed with a “six-pager.” Bezos had long ago decreed that […]

5 Things We Learned About Google on Earnings Call

Google-parent Alphabet’s revenue rose 24 percent year-over-year, to $32.32 billion, exceeding expectations. Net revenue also beat expectations, at $25.9 billion. And because of recent tax legislation in the last quarter, the company faced a net loss of $3.02 billion. But to better illustrate those metrics and potential growth areas for the company, Google CEO Sundar Pichai and […]

How Three AI Software Companies Position to Deliver on Projects Incorporating AI

AI software companies today are trying to figure out how to make a buck, what configuration of software and services is going to work. It’s difficult to do in such a rapidly-changing environment. Here we look at three companies – Veritone, Sapient and Cognitive Scale  – to see how they are going about it. Veritone […]