Petuum secures $93M Series B to push AI into the mainstream
With a shortage of machine learning developers bearing down on the industry, startups and big tech companies alike are moving to democratize the tools necessary to commercialize artificial intelligence. The latest startup, Petuum, is announcing a $93 million Series B this morning from Softbank and Advantech Capital.
Founded last year by Dr. Eric Xing, a Carnegie Mellon machine learning… Read More Continue reading Petuum secures $93M Series B to push AI into the mainstream
Alchemist Accelerator, known for its specialty in working with enterprise startups, held its 16th demo day at Microsoft’s offices in Mountain View, California. 18 startups pitched ideas ranging from more traditional marketplaces to frontier aerospace technology. Addressing the packed auditorium before the pitches began, Ravi Belani, managing partner at Alchemist, reasserted his core… 
There’s no shortage of startups building their brands around AI for enterprise. And within the enterprise, few spaces are as competitive as AI-powered voice analytics. TalkIQ is the latest company in the space to carry home a large round of financing with promise. With $14 million in Series A funding, the TalkIQ team is hoping its proprietary tech stack and engineering-heavy team will… 
Former 500 Startups accelerator company Pluto AI is announcing $2.1 million in fundraising today from Fall Line Capital, Refactor Capital, Unshackled Ventures, Comet Labs and additional angels. Pluto is taking advantage of the sensorification of modern water treatment plants to extrapolate insights that can save operators precious time, money and water. The Pluto analytics…