Apple Inc.'s AirPods earphones have been a surprise hit. Now, the company is planning a push into the high end of the market. The Cupertino, California-based technology giant is working on noise-canceling, over-ear headphones that rival headsets from market leaders like Bose and even the company's own Beats by Dre brand, according to people familiar with the product's development. The company plans to launch the headphones as early as the end of this year, but has faced development challenges that might push back the release, the people said. Work on the Apple headset has been on-and-off over the past year.

Nineteen different startups were funded in February, raising $377 million; a substantial two-month start for the new year. Five acquisitions were reported during the month, while the IPO front had no activity whatsoever. CB Insights said that China dominated the funding of AI-related startups during 2017. So far in 2018, the China funding percentage appears to be less than the 48% of 2017. Viking Global Investors LP led the round, and was joined by investors including Perceptive Advisors and CPMG Inc.

Members of a U.S. national security panel are locked in a dispute over a hostile takeover bid for chip giant Qualcomm Inc., QCOM -0.06% pitting officials in the departments of Justice and Defense against Treasury Secretary Steven Mnuchin. In a meeting Tuesday, members of the Committee on Foreign Investment in the U.S., known as CFIUS, debated whether the panel has the right to weigh in on Singapore-based Broadcom Ltd.'s AVGO -1.28% bid of $117 billion for Qualcomm before a deal is struck, according to people briefed on the matter. Qualcomm is a leader in semiconductor technology and the development of standards for 5G, the next generation of wireless technology that could enable self-driving cars and other innovations. Some members are concerned that if Broadcom buys Qualcomm, it could sell parts of the company and hobble American prospects of eclipsing China in the race to develop the technology, the people familiar with the matter said. CFIUS, which can advise the president to block takeovers by foreign companies on national security grounds, is chaired by the Treasury Department and includes members from other agencies, including Justice, Homeland Security, Defense and Energy.

In a U.S. regulatory filing, Baidu said it would list iQiyi on the Nasdaq exchange and is seeking to raise around $1.5 billion. Analysts at Jefferies have valued iQiyi at $17 billion. The move comes as Baidu looks to raise money for the loss-making unit to stay ahead in the fiercely competitive video-streaming sector where tech titans Tencent Holdings Ltd. TCEHY 2.24% and Alibaba Group Holding Ltd. BABA -1.00% also have strong plays. Baidu told investors in its most recent earnings call that it would remain iQiyi's controlling shareholder. IQiyi, which was founded in 2010 and will list under the ticker IQ, said it is China's largest video-streaming service by amount of time spent watching, with more than 50 million paid subscribers.

Amazon has acquired video doorbell and home security camera maker Ring in a deal reportedly worth more than $1bn, as it pushes further into the internet of things and in-home-delivery space. The deal values Ring, which makes and sells popular video doorbells in the US, UK and Europe, at between $1.2bn (£86.4m) and $1.8bn, according to reports, making it Amazon's second largest acquisition after the $13.7bn deal last year for Whole Foods Market. Analysts see the Santa Monica, California-based Ring fitting in with Amazon's move into the home security market, driven by a bet on delivering packages inside shoppers' homes to boost sales. "As Amazon moves more aggressively into the grocery delivery space ... we believe smart security devices will be an important factor in driving user adoption," said Baird Equity Research analyst Colin Sebastian. Amazon already sells two different camera products: the Echo Look fashion-advice camera and the Amazon Cloud Cam indoor security camera, which forms part of Amazon's Key service that lets uses a smartlock to allow delivery personnel put packages inside a home to avoid theft or, in the case of fresh food, spoiling.

In the broad sweep of AI's current worldly ambitions, machine learning healthcare applications seem to top the list for funding and press in the last three years. Since early 2013, IBM's Watson has been used in the medical field, and after winning an astounding series of games against with world's best living Go player, Google DeepMind's team decided to throw their weight behind the medical opportunities of their technologies as well. Many of the machine learning (ML) industry's hottest young startups are knuckling down significant portions of their efforts to healthcare, including Nervanasys (recently acquired by Intel), Ayasdi (raised $94MM as of 02/16), Sentient.ai With all the excitement in the investor and research communities, we at TechEmergence have found most machine learning executives have a hard time putting a finger on where machine learning is making its mark on healthcare today. We've written this article, not to be a complete catalogue of possible applications, but to highlight a number of current and future uses of machine learning in the medical field, with relevant links to external sources and related TechEmergence interviews. The list below is by no means complete, but provides a useful lay-of-the-land of some of ML's impact in the healthcare industry.

Around 47% of the AI companies acquired since 2012 have had VC backing. Corporate giants like Google, IBM, Yahoo, Intel, Apple, and Salesforce are competing in the race to acquire private AI companies, with Ford, Samsung, GE, and Uber emerging as new entrants. Over 250 private companies using AI algorithms across different verticals have been acquired since 2012, with 37 acquisitions taking place in Q1'17 alone. That quarter also saw one of the largest M&A deals: Ford's acquisition of Argo AI for $1B. Baidu has been particularly aggressive in its AI acquisitions in 2017, with 3 M&A deals so far this year, including its acquisition of Amazon Alexa Fund-backed Kitt.ai this quarter.

Security startup Vectra closed a $36 million Series D funding round, bringing its total funding to $123 million. The company will use the latest investment to help build a research and development center in Dublin as it pushes its artificial intelligence (AI)-based platform into the global market. Atlantic Bridge led the Series D round. The Ireland Strategic Investment Fund (ISIF) and Nissho Electronics Corp. also participated along with returning investors Khosla Ventures, Accel Partners, IA Ventures, AME Cloud Ventures, DAG Ventures, and Wipro Ventures. The funding comes as a new report from McAfee, in partnership with the Center for Strategic and International Studies, found cybercrime costs businesses close to $600 billion per year.

Israeli TV to smartphone audio company Tunity has announced a $12 million Series A financing round from existing investors including former Morgan Stanley CEO John Mack and WeWork founder and CEO Adam Neumann, as well as new investors, including MGM Resorts International. Headquartered in New York and with its development center in Tel Aviv, Tunity has developed deep learning and computer vision based technology to produce an app that allows users to stream and hear live audio from muted televisions directly on their smartphones. Tunity will use the funding to complete the development of its data product, which is already attracting significant interest from television networks and advertisers, as well as to enhance its patented cloud-based Deep Learning and Computer Vision technology. Since its launch, the Tunity app has been downloaded more than 1.5 million times, further proving the company's value proposition to consumers through organic adoption and continued usage. After a user scans a nearby television screen, the Tunity app identifies the live video stream and its exact timing, syncing the audio with the user's mobile device.

China and the U.S. are the two countries most closely associated with artificial intelligence (AI) technology, but a startup in Korea is out to add its nation to mix after it raised more than $9 million from some big-name investors. Skelter Labs, which was founded in 2015 by Google's former chief technical officer in Korea, announced today that it has raised KRW 10 billion ($9.3 million). Korean internet and messaging giant Kakao is a major backer, investing in the round via both its'KakaoBrain' AI unit and its K-Cube VC firm, both of which are existing investors. Stonebridge Ventures and Lotte Homeshopping, the TV and internet shopping business owned by multi-billion dollar retail giant Lotte, also participated. Skelter Labs started out as an app development house when it was initially founded by CEO Ted Cho, the former engineering site director at Google Korea, with products that include a flight booking app, chatbot network and point-of-sale software, but, over the past year, it began to focus on AI.