AI & RoboticsNews

Abacus.AI raises $22 million to automate AI model creation, deployment, and maintenance

Abacus.AI (previously RealityEngines) is developing a service that automates machine learning model creation, deployment, and maintenance. Today the company raised $22 million in a series B round at an over $100 valuation. The round was led by Coatue, with participation from Decibel Ventures and Index Partners. The fresh capital comes as Abacus unveils Deconstructed, a suite of three standalone AI…
Read more
AI & RoboticsNews

EdgeQ emerges from stealth to bring AI to the edge with 5G

EdgeQ, a startup developing 5G systems-on-chip, today emerged from stealth with $51 million in funding. The 90-employee company says the fresh capital will accelerate its go-to-market efforts as it moves toward mass production of its chipset products. With a team of semiconductor, 5G, Wi-Fi, and AI industry veterans hailing from Qualcomm, Intel, and Broadcom, EdgeQ is adopting a…
Read more
AI & RoboticsNews

InterVenn Biosciences raises $34 million to accelerate cancer test development with AI

InterVenn Biosciences today raised $34 million to further develop its platform for precision medicine. The New York-based startup says the funds will be used to accelerate its go-to-market, expansion, and ongoing product R&D efforts. Mass spectrometry, a technique that measures the mass-to-charge ratio of ions, can be applied to genomics studies with implications for clinical medicine. But…
Read more
AI & RoboticsNews

Pandorabots’ Bot Battle highlights lack of industrywide metrics for open domain AI

Emerging technology fields need industrywide metrics to measure progress. So a pun-loving chatbot startup called Pandorabots decided to put on a flashy Bot Battle. The Bot Battle consisted of two virtual beings chatting 24 hours a day, seven days a week for two weeks (unlike humans, AIs never tire). Viewers were invited to vote on the better chatbot. The first contestant, “Mark Zuckerb0rg,” is…
Read more