AI & Robotics

Peak.AI, a startup developing AI solutions for enterprise customers, today announced that it closed a $21 million series B round. The funds, which bring Peak’s total raised to date to $43 million, will drive the company’s R&D and commercial expansion in the U.S. and India, according to CEO Richard Potter. The global enterprise AI market size was valued at $4.68 billion in 2018 and is…

Locus Robotics, a Wilmington, Massachusetts-based warehouse robotics startup, today announced it has raised $150 million in series E funding at a $1 billion post-money valuation. The company says the funding will allow it to accelerate product innovation and global expansion. Locus expects that in the next four years, over a million warehouse robots will be installed and that the number of…

Boston, Massachusetts-based AdmitHub, a startup developing a chatbot platform aimed at boosting student enrollment and graduation rates, today revealed it has raised $14 million in a series B round led by Rethink Education. The company, which also announced it will be rebranding as Mainstay, plans to put the funds toward expanding its workforce and acquiring new education customers. The percentage…

Our thoughts are private – or at least they were. New breakthroughs in neuroscience and artificial intelligence are changing that assumption, while at the same time inviting new questions around ethics, privacy, and the horizons of brain/computer interaction. Research published last week from Queen Mary University in London describes an application of a deep neural network that can determine a…