Intel among VCs funding $20mn for AI that explains what it's thinking
AI start-up Gamalon raised $20 million with lead investor Intel Capital joined by .406 This brings the total investment in US-based AI firm to more than $32 million including the largest single investment by the US Government in next-generation machine learning over the past five years. Existing investors Boston Seed Capital, Felicis Ventures and Rivas Capital also participated in the Series A round. According to Gamalon, it's the first artificial intelligence system that can process natural language and then explain what ideas are present and how they are organized. The first application of technology will be for enterprises to read, understand, and interact with billions of customer messages and provide individual responses.
May-10-2018, 14:26:20 GMT
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