Artificial intelligence startup 1QBit acquired $45 million in Series B financing, led by Fujitsu-Siemens, with participation from Accenture Ventures, Allianz Digital Corporate Ventures, and CME Group. According to the company, 1QBit is dedicated to building quantum and quantum-inspired software to solve the world’s most demanding computational
Software startup H2O.ai raised $40 million in Series C financing, led by Wells Fargo & Co., and NVIDIA. New York Life Capital Partners, Crane Venture Partners, Nexus Venture Partners, Transamerica Ventures, and Aegon also participated. According to the company, H2O.ai is focused on bringing AI
AI messenger startup Replika announced the completion of $6.5 million in Series A financing, led by Khosla Ventures, Sherpa Capital, and Salesforce Ventures. According to the company, the chatbot is an “AI friend” that learns users’ preferences to help them find places to eat, do web
According to a recent SEC filing, predictive analytics company Lumiata raised $3 million in financing from an undisclosed investor. Lumiata delivers real-time predictive analytics to help hospital networks and insurance carriers provide patient care. According to the company, it developed a medical graph which organizes and
Alexa for Business is a new service introduced by Amazon that enables businesses and organizations to bring Alexa into the workplace at scale. Alexa for Business not only boosts productivity, but also provides tools and resources for organizations to set up and manage Alexa devices
Software startup Artesian Solutions announced it raised $5 million in financing from Columbia Lake Partners. Artesian’s software solution uses algorithms to gather information on industries, organizations, individuals, and topics, and then filters and transforms the information into commercially valuable insights. The platform can also be used
Using artificial intelligence, the Teamscope.io human resource management tool filters out job candidates that are an unlikely fit early on in the hiring process by analyzing team culture in areas such as core motivators, team strengths and development areas. HR managers can use this data
Fin is a virtual assistant app that uses a combination of human and machine intelligence to provide users with on-demand assistance handling such nuanced requests as email, texting, scheduling, research, booking, and purchasing. The app understands context and learns users preferences with every request. Users
Re is a Recommendation Engine that currently uses advanced machine learning techniques to curate tailor-made lists of recommended movies for users. However, according to the company, service can be extended to include products such as clothing, electronics, and TV shows. Re is a free service
Logz.io announced the completion of $23 million in Series C financing, led by OpenView Venture Partners, with participation from 83North, Giza Capital, and Vintage Venture Partners. Logz.io uses predictive analytics and machine-learning algorithms to find and predict critical events in the information generated in IT environments