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


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.

Nvidia CEO: "Software is eating the world, but AI is going to eat software"


Nvidia has benefitted from a rapid explosion of investment in machine learning from tech companies. Can this rapid growth in the use cases for machine learning continue? Recent research results from applying machine learning to diagnosis are impressive (see "An AI Ophthalmologist Shows How Machine Learning May Transform Medicine"). Your chips are already driving some cars: all Tesla vehicles now use Nvidia's Drive PX 2 computer to power the Autopilot feature that automates highway driving.