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Artificial Intelligence

Naver to acquire Xerox Research Centre Europe (XRCE)

Seongnam-based Korean Internet giant Naver is acquiring the Xerox Research Centre Europe (XRCE) in Grenoble, France. The French Works Council’s consultation on this project has...

Drive.ai raises $50 million

Drive.ai, a company founded by former lab mates out of Stanford University’s Artificial Intelligence Lab, and working on creating AI software for autonomous vehicles,...

SparkCognition raises $32.5M

Austin-based machine learning startup SparkCognition has closed a $32.5 million Series B funding round. The investment was led by Verizon Ventures with participation from...

Volvo, Nvidia developing AI software for self-driving cars

Volvo Cars and Autoliv are teaming up with Nvidia to develop advanced systems and software for AI self-driving cars, the companies announced on Tuesday. The...

The U.S. Air Force, IBM building neurosynaptic supercomputer

IBM and the U.S. Air Force Research Laboratory (AFRL) are collaborating on a brain-inspired supercomputing system. According to IBM, the machine, powered by a 64-chip...