Monday, May 22, 2017

Kuang-Chi invests $5 million in SkyX, a maker of drones to monitor oil and gas pipelines

 Shenzhen-based Kuang-Chi Group is investing $5 million in SkyX Systems Corp., according to the drone tech startup’s founder and CEO Didi Horn. A former fighter pilot with the Israeli Air Force, Horn started SkyX in 2015 to help public and private companies monitor energy infrastructure from on high, using increasingly powerful drones and big data analytics. Horn said, “Our… Read More

Friday, May 19, 2017

Deep Algo offers simple code visualization for people who don’t know how to code

 Deep Algo was one of the more fascinating companies on display in Startup Alley at TechCrunch Disrupt this week. The French team aims to make coding languages more accessible for the massive with SaaS (software as a service) offering that promises to do for languages like C++, C Sharp and Javascript what WYSIWYG does for HTML. It’s a pretty bold claim, but the company is confident that… Read More

Salesforce marches steadily toward $10B run rate goal

 Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.” It’s clear… Read More

Wednesday, May 17, 2017

Google is giving a cluster of 1,000 Cloud TPUs to researchers for free

 At the end of Google I/O, the company unveiled a new program to give researchers access to the company’s most advanced machine learning technologies for free. The TensorFlow Research Cloud program, as it will be called, will be application based and open to anyone conducting research, rather than just members of academia. If accepted, researchers will get access to a cluster of 1,000… Read More

CrowdStrike, the firm investigating Russian hacks, raised $100M, now valued around $1B

 The business of hacking has dealt a huge blow to our democracy, not to mention a plethora of organizations and individuals, and our collective sense of sanity. One silver lining, however, has been that it has led to the emergence of a number of security startups that are building and deploying a range of tools to try to track and stop the nefarious activity. One of the bigger of… Read More

Tuesday, May 16, 2017

Apple is shoring up Siri for its next generation of intelligent devices

 Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More

The Partnership on AI adds Intel, Salesforce and others as it formalizes Grand Challenges and work groups

 Intel, Salesforce, eBay, Sony, SAP, McKinsey & Company, Zalando and Cogitai are joining the Partnership on AI, a collection of companies and non-profits that have committed to sharing best practices and communicating openly about the benefits and risks of artificial intelligence research. The new members will be working alongside existing partners that include Facebook, Amazon, Google,… Read More