Press Release
Bigfoot Biomedical closes Series B financing round with $55M
A diabetes startup that uses artificial intelligence, Bigfoot Biomedical, has just announced that it scored a total of $55 million in Series B equity financing with new investments from Abbott and other existing funders. This funding is the culmination of earlier round funding that the company has been raising since late last year, including $37 million that it raised in December and an additional $18 million, which it announced this morning. The latest announcement now brings the company's total equity raised to $90 million. "We are excited to welcome Abbott to our list of investors," Jeffrey Brewer, president and CEO of Bigfoot Biomedical, said in a statement. "Abbott's inclusion in our financing speaks to our two companies' alignment of vision for changing the paradigm of care for people with insulin-requiring diabetes."
CACI to Demonstrate Innovative Electronic Warfare, Counter-UAS, Machine Learning, and Agile DevSecOps Solutions for Increased Naval Power at 2018 Sea-Air-Space Exposition
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) will demonstrate solutions to give America's Navy, Marine Corps, Coast Guard, and U.S.-flag Merchant Marine a decisive edge for maritime superiority at the 2018 Sea-Air-Space Exposition hosted by the Navy League April 9-11, 2018 at the Gaylord National Convention Center in National Harbor, Md. CACI will showcase its support of national security and naval readiness with innovative, integrated solutions that enable multi-domain battles. CACI's networked precision electronic warfare solutions allow operators to detect, classify, locate, and defeat targets of interest, and include a product suite of counter-UAS systems. CACI will also demonstrate how its artificial intelligence and machine learning capabilities can enable large-scale automation to speed decision-making. In addition, the company will demonstrate logistics and ready-relevant training solutions as well as how the nation's sea services can rapidly modernize and field cyber-secure applications and hardware using CACI's scalable Agile DevSecOps methodology, its Model-Driven Design and Implementation methodology, and a unique Risk Management Framework solution.
Open Bionics' latest 3D-printed arm goes on sale next month
Open Bionics announced today that its 3D-printed Hero Arm prosthetic will be available for purchase in the UK next month. The company's founders started Open Bionics because they were interested in developing prosthetic limbs that were less expensive than traditional options, which typically cost tens of thousands of dollars. Using 3D-scanning and 3D-printing, they aim to produce more affordable options that can be constructed much more quickly than other prosthetic devices. In the past, they've developed Star Wars-, Iron Man- and Frozen-themed prosthetic hands for children as well as a Deus Ex-inspired arm. The Hero Arm is the company's latest design.
Aella Data Emerges from Stealth Mode Ahead of RSA Conference 2018, Unveils Industry's First AI-Driven Pervasive Breach Detection System
WIRE)--Aella Data, a leading innovator in AI-driven cybersecurity solutions, officially exits stealth mode today with the launch of Starlight Pervasive Breach Detection System (PBDS), the industry's first AI-driven pervasively deployable solution. Founded by security industry veterans, Aella Data's Starlight PBDS is the only system that can be deployed pervasively across all network infrastructures. It unifies collected data and conducts advanced analysis to deliver high-fidelity, actionable alerts that reduce detection time from months to mere minutes, and alert volume from thousands to the critical few. The company formally launches at RSA Conference 2018 with a growing list of key customers and partners. Aella Data's launch and its disruptive technology is timely in a world gone awry with increasingly costly and far-reaching cyberattacks.
Pandora Announces Own Version Of Spotify's Personalized Playlists
Pandora has announced that it's launching its own personalized playlists feature to take on Spotify. Pandora will be able to build playlists that will fit with the user's moods, activities and listening habits. "Today we're announcing Pandora's personalized soundtracks -- unique playlists built just for you. We're testing them now with a small group of Pandora Premium users and look forward to bringing them to all our Premium subscribers soon," the company said on its blog. "The personalized playlists fit your moods, activities and favorite genres and are updated each week based on your individual musical tastes. We combined our human curation with personalized algorithms to automatically serve up new artists and songs anticipating the perfect balance of discovery and steady favorites."
Artificial Intelligence and Blockchain Aim to Turn 1 Billion People into Entrepreneurs by 2040
Blockchain technology continues to be one of the most exciting emerging technologies in the world today. Individuals, corporations, and even governments are developing means to use this revolutionary tool in advancing their processes. Many experts have come out to say that Blockchain holds the key to the actualization of a number of important technological breakthroughs. Within the haze of excitement and optimism, the core of the discourse surrounding Blockchain tends to center on strengths and weaknesses of the technology. A key figure in the Blockchain and cryptocurrency community is Fabio Zoffi, the President and Executive Chairman of ORS GROUP.
Artificial Intelligence and Blockchain Aim to Turn 1 Billion People into Entrepreneurs by 2040
Blockchain technology continues to be one of the most exciting emerging technologies in the world today. Individuals, corporations, and even governments are developing means to use this revolutionary tool in advancing their processes. Many experts have come out to say that Blockchain holds the key to the actualization of a number of important technological breakthroughs. Within the haze of excitement and optimism, the core of the discourse surrounding Blockchain tends to center on strengths and weaknesses of the technology. A key figure in the Blockchain and cryptocurrency community is Fabio Zoffi, the President and Executive Chairman of ORS GROUP.
Einride's self-driving cargo trucks hit the highway this fall
Einride's autonomous T-Pod may look like a giant freezer on wheels, but it's likely to be on the road fairly soon. According to TechCrunch, the company announced today that the first customer deliveries of the self-driving transport vehicle will begin this fall. The T-pod can transport standard cargo pallets and travel up to 124 miles on a single charge. It can drive itself on highways, but a human will take over on main roads via remote. TechCrunch says that the trucks will use the Nvidia Drive AI platform to plan driving paths and intelligently sense the environments.
Datameer Partners with IBM in New Data Science and Machine Learning Platform
About Datameer Datameer is changing the way companies do business by enabling them to get value and insights from their data at the speed of thought to make better, more trustworthy decisions and drive better business outcomes. Datameer offers a unified way to simplify the time-consuming, cumbersome process of turning complex, multi-source data into valuable, business-ready information in a matter of minutes and hours, rather than weeks or months. Leading global organizations, including Citibank, Royal Bank of Canada, Aetna, Optum, HSBC, National Instruments, Vivint and more use our secure and scalable enterprise-grade platform to streamline and simplify data integration, preparation and exploration so subject matter experts can leverage trusted data to cultivate innovation, creativity and efficiency for competitive advantage.
Former Telemedicine Leader Launches Artificial Intelligence Group
Jonathan Linkous, founding CEO of the American Telemedicine Association, and Mary Ann Liebert have co-founded a new organization focused on artificial intelligence, robotics and automation in healthcare. The Partnership for Artificial Intelligence and Automation in Healthcare (PATH) unites health systems, industry, payers and regulators to find how such technology can improve the delivery of medicine, reduce costs and expand access to healthcare services to millions of people across the globe, according to an organization press release. The mission-driven, membership-based group takes a unique, inclusive approach bringing together all stakeholders to resolve such issues as public policy oversight, personal safety and how to integrate such revolutionary advances into healthcare systems. Information about PATH and its inaugural summit can be found here. "AI and related innovations have already enabled industries such as banking, aviation, and entertainment to grow, provide higher- quality products, and allow consumers greater choice," Linkous, a co-founder and CEO of the group, said in a statement.