Oct
19
2017
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Cisco to buy Perspica and fold engineering team into AppDynamics

 Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More

Oct
17
2017
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Cisco using AI and machine learning to help IT predict failures

Cisco headquarters. We have known for some time that the number of signals coming from your IT systems surpassed the ability for humans to keep track of them years ago. Machines can help and have been for some time. The advent of artificial intelligence and machine learning has accelerated that ability and today, Cisco announced that it is using these technologies to help customers find failures before they… Read More

Oct
17
2017
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Feedzai closes $50M Series C to help banks and merchants identify fraud with AI

 Feedzai is announcing a $50 million Series C this morning led by an unnamed VC with additional capital from Sapphire Ventures. The six year old startup builds machine learning tools to help banks and merchants spot payment fraud. In today’s rapidly maturing world of fintech, Feedzai is trying to thread the needle between turnkey solution and customizable platform. With 60 clients… Read More

Oct
12
2017
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Box’s dalliance with AI foretells a broader shift in content management

 As Box CEO Aaron Levie pointed out at his BoxWorks keynote this week, content management has been an evolving field since it came into being as an enterprise software concept in the 1990s. Back in those days, the state of the art was network drives. As content spread across the organization, we saw the rise of enterprise content management. Later file sharing tools developed and finally the… Read More

Oct
11
2017
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ROSS Intelligence lands $8.7M Series A to speed up legal research with AI

 Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup, founded in 2015 by Andrew Arruda, Jimoh Ovbiagele and Pargles Dall’Oglio at the University of Toronto, is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund,… Read More

Oct
11
2017
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Box Graph unleashes relationships between content and users

 Box has vast amounts of content in its stores, and as it begins to apply artificial intelligence and machine learning to make it easier to surface, it also wants to expose each piece of content and how it relates to other content and users. To help achieve that, the company announced the Box Graph today at BoxWorks. “The Box Graph enables customers to predictively recommend content… Read More

Oct
11
2017
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Box Skills applies AI and machine learning to growing multimedia content

 Box CEO Aaron Levie has always had a vision for the company that extended well beyond its earliest use case as way to transfer files between machines online. His company has continually kept looking to the future at ways the Box toolset could adapt to the changing needs of the market. More than a decade after launching the company and almost three years after going public, the company continues… Read More

Oct
10
2017
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Petuum secures $93M Series B to push AI into the mainstream

 With a shortage of machine learning developers bearing down on the industry, startups and big tech companies alike are moving to democratize the tools necessary to commercialize artificial intelligence. The latest startup, Petuum, is announcing a $93 million Series B this morning from Softbank and Advantech Capital.
Founded last year by Dr. Eric Xing, a Carnegie Mellon machine learning… Read More

Sep
26
2017
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Splunk expands machine learning capabilities across platform

 Splunk has always been data central for IT operations info, but as the logs fill up with ever-increasing amounts of data, it has become impossible for humans to keep up. Recognizing this, Splunk started building in machine learning and artificial intelligence last year, and this week they are enhancing those capabilities to make it easier to surface the data that’s most critical. The… Read More

Sep
25
2017
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Microsoft launches new machine learning tools

 Microsoft, just like many of its competitors, has gone all in on machine learning. That emphasis is on full display at the company’s Ignite conference this where, where the company today announced a number of new tools for developers who want to build new A.I. models and users who simply want to make use of these pre-existing models — either from their own teams or from Microsoft.… Read More

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