AI
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LogMeIn acquires chatbot and AI startup Nanorep for up to $50M
LogMeIn, the company that provides authentication and other connectivity solutions for those who connect remotely to networks and services, has made another acquisition to expand the products it offers to customers, specifically in its new Bold360 CRM platform, launched in June. The company has picked up Nanorep, a startup out of Israel that develops chatbots and other AI-based tools to… Read More
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A running list of every company backed by the $93B SoftBank Vision Fund
When SoftBank announced the first close of its $93 billion Vision Fund back in May, it was hard to understand how the company would even manage to deploy so much capital in an already saturated ecosystem. For starters, it seemed like a good idea to keep a running list of all Vision Fund investments for reference. We will update this list on a regular basis. Read More
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Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots
After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy. The company has acquired Joe Hukum, a startup out of India that offers a platform for businesses to build their own chatbots. I’ve asked, but the companies are not revealing any terms… Read More
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Gong, an AI-based language tool to help sales and customer service reps, nabs $20M
As artificial intelligence continues its spread into all aspects of computing, many believe that it will be the next big frontier in CRM. Today a startup called Gong.io underscores that trend: the Israeli startup, which has built a tool that uses natural language processing and machine learning to help train and suggest information to sales people and other customer service reps, has raised a… Read More
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A discussion about AI’s conflicts and challenges
“The competition for talent at the moment is absolutely ferocious,” agrees Professor Andrew Blake, whose computer vision PhD was obtained in 1983, but who is now, among other things, a scientific advisor to UK-based autonomous vehicle software startup, FiveAI, which is aiming to trial driverless cars on London’s roads in 2019… Read More
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Entelo steps up its AI game with $20M Series C
The race to crown a winner in the AI-powered recruiting software space is on. With both Workey and Mya nabbing rounds in the last few weeks, the timing is prime for a few players to seek advantage in the form of growth capital. This seems to be exactly what Entelo, a six-year-old player in the space, is doing. The company is announcing a $20 million Series C round of financing today led by U.S. Read More
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Microsoft Pix can now turn your iPhone photos into art, thanks to artificial intelligence
Microsoft is rolling out an update to its AI-powered photo editing app, Microsoft Pix, that aims to give Prisma and others like it some new competition. While the app was originally designed to enhance your iPhone photos by tweaking things like color, exposure and other variables, the newly updated Microsoft Pix will now let you have a little more fun with your photos, too – this time,… Read More
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“We should not talk about jobs being lost but people suffering,” says Kasparov on AI
How can humans stay ahead of an ever growing machine intelligence? “I think the challenge for us is to always be creative,” says former world chess champion Garry Kasparov, speaking on stage here at TechCrunch Disrupt New York. Slack beefs up its search to find the right person to ask a question
Slack wants to become a kind of lexicon of information, with everything easily accessible, and it’s starting to do that today with a big update to its search function. Bitfusion raises $5M for its AI lifecycle management platform
When Bitfusion launched in 2015, its focus was on helping developers speed up their applications by giving them pre-compiled libraries that made better use of GPUs, FPGAs and other co-processing technologies. That was then. Today, the hottest market for these technologies is in training deep learning models. Unsurprisingly, that’s exactly what Bitfusion is focusing now. Read More
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