Results


How Nvidia Is Building a Global Artificial Intelligence Beast

#artificialintelligence

As Nvidia Corp. (NVDA) looks to markets beyond gaming computers for its powerful graphic processing units, the company is putting its cash to work in a range of artificial intelligence startups. The chipmaker's Nvidia GPU Ventures unit announced investments in data-crunching technology developer BlazingDB, data visualization company Graphistry and artificial intelligence platform developer H2O.ai, on Thursday. "It makes sense for Nvidia to invest in all of these companies, as they will advance the necessary ecosystem surrounding GPUs and drive their adoption in both on-premise, high-performance development systems, in the cloud as workload accelerators and ultimately also at the edge for AI inference tasks," said 451 Research founder John Abbott in an email. While Nvidia's GPUs are known for powering gamers' computers, the company has been successfully growing its products geared for data centers and other markets. The company's GPUs can process parallel workloads, or in other words perform multiple tasks simultaneously, which powers the units in more demanding environments.


Where Major Chip Companies Are Investing In AI, AR/VR, And IoT

#artificialintelligence

We dug into the private market bets made by major computer chip companies, including GPU makers. Our analysis encompasses the venture arms of NVIDIA, Intel, Samsung, AMD, and more. Recent developments in the semiconductor industry have been sending mixed signals. Stories about Moore's Law slowing have grown common, but analysts affirm that the latest crop of chips (specifically Intel's newest 10-nanometer technology) prove Moore's Law is still alive and well. Meanwhile, the vast application of graphics hardware in AI has propelled GPU (graphics processing unit) maker NVIDIA into tech juggernaut status: the company's shares were the best-performing stock over the past year.


How Can Artificial Intelligence Transform Businesses?

#artificialintelligence

How can artificial intelligence transform businesses? We're already seeing a wave of innovation across industries. From real-world data, computers are learning to recognize patterns too complex, too massive, or too subtle for hand-crafted software or even humans. They and the Cleveland Cavaliers, the 2016 champs, use AI to put their teams at the top of their game. Retailers have been among the most active adopters of deep learning-powered intelligence.


August 2017 fundings, acquisitions, IPOs and failures

Robohub

Auris Medical Robotics, the Silicon Valley startup headed by Dr. Frederic H. Moll who previously co-founded Hansen Medical and Intuitive Surgical, raised $280 million in a Series D round led by Coatue Management and included earlier investors Mithril Capital Management, Lux Capital, and Highland Capital. Ambient Intelligence Technology, a Japanese underwater drone manufacturer spin-off from the University of Tsukuba, raised $1.93 million from Beyond Next Ventures and Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, and Freebit Investment. Auris Medical Robotics, the Silicon Valley startup headed by Dr. Frederic H. Moll who previously co-founded Hansen Medical and Intuitive Surgical, raised $280 million in a Series D round led by Coatue Management and included earlier investors Mithril Capital Management, Lux Capital, and Highland Capital. Ambient Intelligence Technology, a Japanese underwater drone manufacturer spin-off from the University of Tsukuba, raised $1.93 million from Beyond Next Ventures and Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, and Freebit Investment.


Where Major Corporations Like Salesforce And NVIDIA Are Investing In Artificial Intelligence

#artificialintelligence

Citi Ventures, Salesforce, Tencent Holdings, and NVIDIA GPU Ventures were frequently spotted in the deals we investigated, while VC firm Kleiner Perkins Caufield & Byers and private equity firm Warburg Pincus were common co-investors. The unicorn startup (valued at $1.2B) welcomed Roche Venture Fund -- the CVC arm of the healthcare company Roche -- into its ownership in its $175M Series C, which is the company's largest raise to date. At the heart of the platform is "Neuralytics" -- the company's big data, predictive analytics, and artificial intelligence engine -- which leverages sales interaction data from across the company's global network to make predictive and prescriptive recommendations (with the aim of shortening sales cycles and improving internal sales processes). In the startup's $100M Series C in Q3'15, IT firm Rackspace Hosting participated alongside CVC capitalG (formerly Google Capital) and follow-on investors Accel Partners and Warburg Pincus.


Where Major Corporations Like Salesforce And NVIDIA Are Investing In Artificial Intelligence

#artificialintelligence

Citi Ventures, Salesforce, Tencent Holdings, and NVIDIA GPU Ventures were frequently spotted in the deals we investigated, while VC firm Kleiner Perkins Caufield & Byers and private equity firm Warburg Pincus were common co-investors. The corporate and CVC investors that participated in the round don't come from the auto industry; rather, all three -- Baidu Capital, Lenovo Ventures Group, and Tencent Holdings -- are investment arms of well-known Chinese technology giants. Tencent and Lenovo were follow-on investors, with Tencent having participated in the NIO's earlier Series A and B rounds and Lenovo in its Series C. New York-based ad tech startup Taboola offers a personalized discovery and monetization platform for online content. At the heart of the platform is "Neuralytics" -- the company's big data, predictive analytics, and artificial intelligence engine -- which leverages sales interaction data from across the company's global network to make predictive and prescriptive recommendations (with the aim of shortening sales cycles and improving internal sales processes).


Where Major Chip Companies Are Investing In AI, AR/VR, And IoT

#artificialintelligence

We dug into the private market bets made by major computer chip companies, including GPU makers. Our analysis encompasses the venture arms of NVIDIA, Intel, Samsung, AMD, and more. Meanwhile, the vast application of graphics hardware in AI has propelled GPU (graphics processing unit) maker NVIDIA into tech juggernaut status: the company's shares were the best-performing stock over the past year. Also included in the analysis are 7 chip companies we identified as active in private markets, including NVIDIA, AMD, and ARM.


Amazon: AI To Drive Competitive Advantage

#artificialintelligence

In my view, though impossible to quantify exactly, Amazon's AI investments and capabilities should sustain and increase its competitive advantage over time, leading me to believe that the stock has a much longer runway than what investors are giving it credit for. Looking at Microsoft's Q2 call (CYQ4), Nadella, MSFT's CEO, began by briefly summarizing earnings and then described FY17 as "a tremendous year of customer momentum with Cloud, AI, and digital transformation". In the press release, the only direct mention of machine learning and AI came in bullet number 20: "AWS customers continue to ramp their use of Amazon Machine Learning and Artificial Intelligence services…" Even sell side analysts do not fully appreciate how important AI is to Amazon. For example, in the Q2 earnings call last month, AI was only mentioned towards the end of the call and it came from a sell side analyst: "As you continue to scale operations and you bring data to bear and robotics and Kivas and AI machine learning, are you finding that kind of new fulfillment center optimization curve is accelerating?"


A $19 Investment in the Most Lucrative AI Stocks - Investment U

#artificialintelligence

So far this year, a lot of the big-name AI companies are obliterating the market... Shares of Amazon (Nasdaq: AMZN), Apple (Nasdaq: AAPL), Microsoft (Nasdaq: MSFT), Facebook (Nasdaq: FB), NVIDIA (Nasdaq: NVDA) and Alphabet (Nasdaq: GOOG) are all up double digits in 2017. The Global X Robotics & Artificial Intelligence ETF (Nasdaq: BOTZ) is keeping pace with more expensively priced AI plays... Year to date, the Global X ETF is up 24%. The largest holding in the ETF is Intuitive Surgical (Nasdaq: ISRG). Investors can play this massive trend by targeting companies individually - both big and small... Or they can use a much more affordable approach with an ETF like Global X Robotics & Artificial Intelligence.


The New World Order Of Artificial Intelligence

#artificialintelligence

In July 2017, UK startup, Graphcore, closed a $30 M investment round for Niklas Zennstrom's venture capital firm, Atomico. Other investors in this funding round include Draper Esprit, Robert Bosch Venture Capital, Amadeus Capital, C4 Ventures, Foundation Capital, Pitango and corporate investors Dell Technologies Capital and Samsung Catalyst Fund. The total investment for the company is $62 M. Graphcore's investment comes on the heels two recent global AI milestones. "NVIDIA's chips are designed for parallel computing – previously for gaming and imaging processing – and therefore companies are switching over to NVIDIA's GPU to accelerate deep learning applications," said Tang.