Rahko raises £1.3M seed from Balderton for quantum machine learning tech

There remains a problem with the race to create a quantum computer, which is that experiments in this area can be extremely error-prone. Rahko is a new U.K. startup that thinks it can address this problem with what’s known as “Quantum machine learning.” It’s now raised £1.3 million ($1.6 million) in a seed round led […]

Descartes Labs snaps up $20M more for its AI-based geospatial imagery analytics platform

Satellite imagery holds a wealth of information that could be useful for industries, science and humanitarian causes, but one big and persistent challenge with it has been a lack of effective ways to tap that disparate data for specific ends. That’s created a demand for better analytics, and now, one of the startups that has […]

To beat Amazon Go, Standard Cognition buys cashierless DeepMagic

Valued at $535 million, autonomous retail startup Standard Cognition has emerged as a soon-to-be tech giant and the best hope for merchants to compete with Amazon Go. Cashierless checkout is poised to transform brick-and-mortar commerce, and shop owners fear having to battle Amazon’s technology alone or partner with it, exposing data it could use against […]

MIT is reviewing its relationship with AI startup SenseTime, one of the Chinese tech firms blacklisted by the US

The Massachusetts Institute of Technology said it is reviewing the university’s relationship with SenseTime, one of eight Chinese tech companies placed on the U.S. Entity List yesterday for their alleged role in human rights abuses against Muslim minority groups in China. An MIT spokesperson told Bloomberg that “MIT has long had a robust export controls […]

Europe’s recharged antitrust chief makes her five-year pitch to be digital EVP

Europe’s competition commissioner Margrethe Vestager, set for a dual role in the next Commission, faced three hours of questions from members of four committees in the European Parliament this afternoon, as MEPs got their chance to interrogate her priorities for a broader legislative role that will shape pan-EU digital strategy for the next five years. […]

Google makes moving music and videos between speakers and screens easier

Google today announced a small but nifty feature for the Google Assistant and its smart home devices that makes it easier for you to take your music and videos with you as you wander about the different rooms in your home. ‘Stream transfer’ as Google prosaically calls it, allows you to simply ask the Assistant […]

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier. It last raised a $250 million fund in 2017 and expects to continue the same investment mix, while tracking developments in emerging areas like healthcare AI and autonomous vehicles. In a conversation with general […]

An interview with Dr. Stuart Russell, author of “Human Compatible, Artificial Intelligence and the Problem of Control”

(UC Berkeley’s Dr. Stuart Russell’s new book, “Human Compatible: Artificial Intelligence and the Problem of Control, goes on sale Oct. 8. I’ve written a review, “Human Compatible” is a provocative prescription to re-think AI before it’s too late,” and the following in an interview I conducted with Dr. Russell in his UC Berkeley office on […]

Alteryx acquires machine learning startup Feature Labs

Alteryx, a publicly traded analytics company, announced this morning that it has acquired Feature Labs, a machine learning startup that launched out of MIT in 2018. The company did not reveal the terms of the deal. Co-founder and CEO Max Kanter told TechCrunch at the time of the launch the company had been based on […]

AI Medical Service raises $42.9 Series B for AI-based software that checks endoscopy scans for signs of cancer

AI Medical Service, a Tokyo-based company developing AI-based software to help detect gastric cancer, announced today that it has raised a $42.9 million Series B. Investors include Globis Capital Partners, World Innovation Lab and Sony Innovation Fund by IGV. The funding will be used for clinical trials of its software, which looks for signs of […]