Inbenta, a San Mateo, CA-based enterprise-grade artificial intelligence solutions, raised 12m in Series B funding. The round was led by Level Equity, with participation from Amasia and Scale Capital through its Amérigo Chile fund. In conjunction with the funding, founder and partner George McCulloch and Amasia chairman Ramanan Raghavendran joined Inbenta's board of directors. The company intends to use the funds to expand sales and marketing, and to further drive product development for its technology. Founded in 2005 by Jordi Torras, CEO, Inbenta has developed natural language processing (NLP) technology that powers search, chatbots, and self-service solutions for customer support and e-commerce.

"Inbenta was founded in 2005 with a vision of leveraging artificial intelligence in an entirely new manner to transform how companies and customers interact," said Jordi Torras, founder and CEO, Inbenta. "That vision has been realized, and now Inbenta is in a period of dramatic and profitable growth including global expansion into 23 countries and support for over 20 languages. This Series B financing will help bring our technology to a much larger group of demanding customers who need enterprise-grade solutions, and to further drive the innovation that underpins our technology." The funding will be used to expand sales and marketing, and to further drive product development for Inbenta's industry-leading natural language processing (NLP) technology that powers search, chatbots, and self-service solutions for customer support and e-commerce. Inbenta's products are now used by over 200 customers around the world, including Ticketmaster, B&H, CA Technologies and 8x8 to enhance customer engagement, increase retention, and drive sales.

Ford Motor Co. F -1.53 % made its latest plea for investors to view the auto maker more like a Silicon Valley company, promising lofty returns on future ventures while warning near-term profit will be pinched by deep investment. The Dearborn, Mich., auto maker told investors on Wednesday that its new business services unit eventually will deliver 20% margins, two-and-a-half-times its core auto-making operation. It updated its plans for venturing into robo-taxis, electric car and other transportation services like bike sharing and shuttle vans. Ford's share price has declined while Chief Executive Mark Fields has been at the helm, despite delivering record operating profit. The focus under Mr. Fields--who took over in 2014 after Alan Mulally spent nearly a decade on initiatives that had Ford getting back to basics--has been on winning a technology race with rivals including General Motors Co. GM -0.71 % and Toyota Motor Corp. TM -1.04 % The new strategy will be costly and risky.

Moving to crack down on scam artists, Los Angeles County supervisors voted Tuesday to require immigration consultants working in unincorporated areas of the county to be licensed. The consultants, sometimes referred to as "notarios," are not attorneys. But some offer legal services and charge high rates. Because notary publics in Latin America are roughly equivalent to lawyers, immigrants often do not realize that in the United States they are only authorized to witness signatures and authenticate documents, said Supervisor Hilda Solis, who proposed the enforcement program along with Supervisor Sheila Kuehl. "I've spoken with numerous families who have been for years paying dollar after dollar without making any progress on their immigration matters," Solis said.

Imagine infusing thousands of wireless devices into your brain, and using them to both monitor its activity and directly influence its actions. It sounds like the stuff of science fiction, and for the moment it still is – but possibly not for long. Brain research is on a roll at the moment. And as it converges with advances in science and technology more broadly, it's transforming what we are likely to be able to achieve in the near future. Spurring the field on is the promise of more effective treatments for debilitating neurological and psychological disorders such as epilepsy, Parkinson's disease and depression.

In this paper we study a particular aspect of the urban community policing: routine patrol route planning. We seek routes that guarantee visibility, as this has a sizable impact on the community perceived safety, allowing quick emergency responses and providing surveillance of selected sites (e.g., hospitals, schools). The planning is restricted to the availability of vehicles and strives to achieve balanced routes. We study an adaptation of the model for the multi-vehicle covering tour problem, in which a set of locations must be visited, whereas another subset must be close enough to the planned routes. It constitutes an NP-complete integer programming problem. Suboptimal solutions are obtained with several heuristics, some adapted from the literature and others developed by us. We solve some adapted instances from TSPLIB and an instance with real data, the former being compared with results from literature, and latter being compared with empirical data.

There are two problems facing marketers today. It can be overwhelming and time consuming to get through. That's where Datorama comes in. It's a SaaS-based, big data management platform for advertisers and ad agencies, which uses machine learning and artificial intelligence to make it easier to upload data, and to categorize it. The company closed 32 million in Series C funding, it was announced on Monday.

On Friday International Business Machines Corporation (NYSE:IBM) share price closed at 155.69. Company net profit margin stands at 14.90% whereas its return on equity (ROE) is 82.00%. International Business Machines Corporation (NYSE:IBM) is -5.61% away from its 52 week high and its 52 week range is 116.90 – 164.95. International Business Machines Corporation (NYSE:IBM) announced the launch of the aptly-named IBM Power Systems S822LC for High Performance Computing. Its unwieldy name betrays the fact that this is a really interesting product.

Steam rolled out of the pot, and my kitchen was filled with an intoxicating blend of scents. I'd cooked a turkey ragu before, but as soon as I opened the pot, I knew this would be an entirely different experience. There were the familiar, comforting notes of ground turkey and mushrooms, but there was also earthiness from the beets, the fire of serrano chile, and an unexpected brightness from the coriander seed (coriander seed!). My dinner wouldn't have been out of place at one of San Francisco's trendy food trucks or upscale restaurants, but coming out of my 15 IKEA pot, it was unbelievable. As I mixed in the pasta and ricotta cheese and took the first incredible bite, I realized that A.I. could do a lot more for me than just beating me at Go.

Where did the "cyber" in "cyberspace" come from? Most people, when asked, will probably credit William Gibson, who famously introduced the term in his celebrated 1984 novel, Neuromancer. It came to him while watching some kids play early video games. Searching for a name for the virtual space in which they seemed immersed, he wrote "cyberspace" in his notepad. "As I stared at it in red Sharpie on a yellow legal pad," he later recalled, "my whole delight was that it meant absolutely nothing."