Covering Scientific & Technical AI | Tuesday, October 8, 2024

VC

Healthcare Investors Target Enterprise Analytics, AI-Based Care Coordination

The uneven application of AI technology within the healthcare sector appears to be smoothing out as investors increasingly target analytics and AI-based systems for applications like coordinated patient care. ...Full Article

Torch.AI Secures $30M Series A Funding Round to Expand its Nexus AI Platform

Torch.AI, the profitable startup applying machine learning to analyze data “in-flight” via its proprietary synaptic mesh technology, announced its first funding round along with expansion plans. The Series A ...Full Article

Fuji America Joins Motus Ventures to Invest in AI Robotic Startups

The integration of AI with robotics applications continues to attract tech investors who presumably sense that machine learning tools can help transform static industrial robots into agile assemblers of ...Full Article

Peak AI Gets $21M Series B Funding Round, Expands Access to AI ‘Decision Intelligence’

AI deployments are steadily migrating to retail applications as commercial brands seek to get a better handle on supply chains along with marketing and sales. Increased demand for embedded ...Full Article

Edge AI Startup Kneron Attracts New Investors

Kneron Inc., the AI startup specializing in “on-device” edge inferencing applications, has raised additional funding in the form of investments by Taiwanese manufacturing powerhouses Foxconn and Winbond. San Diego-based ...Full Article

Chinese AI Chip Startup Enflame Brings in $278.5M in New Funding

Enflame Technology, a Chinese AI startup developing deep learning chips for AI training, has secured another $278.5 million in funding from government and industry investors. The latest investor group ...Full Article

Scale AI Targets App Development Bottlenecks

Scale AI Inc, a fast-growing provider of training and validation data for AI applications, disclosed a successful mid-stage funding round this week along with its acquisition of another AI ...Full Article

Fintech Is a VC Magnet

Billions of dollars in venture capital are flying around in search of the Next Big Thing, while most investments in technology startups likely won’t pan out. Still, investors are ...Full Article

DevSecOps Emerges as a Cash Magnet

The shift toward front-end application security continues to gain momentum with DevSecOps vendors attracting investors as new security tools are integrated with enterprise application development workflows. The latest illustration ...Full Article

Syntiant, AI Chip Specialist, Raises Funds, Ramps Production

Syntiant Corp., the “neural decision processor” startup, announced completion of another funding round this week along with the shipment of more than 1 million low-power edge AI chips. The ...Full Article
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