Sometimes You Don't Need Deep Learning: Eye On A.i.
Ibrahim Gokcen, the digital chief technology officer for industrial giant Schneider Electric, has some words of caution about deep learning—the latest craze in artificial intelligence. Sometimes, conventional data crunching works just fine. All of the technology sold by Schneider that warns corporate customers when their industrial equipment may fail uses basic analytics or statistical analysis to make predictions. Although the software incorporates machine learning, it doesn't use deep learning, a technology that has led to breakthroughs in image and language translation.
Reducing Debt Burden: Il&fs Board Seeks Nclt Nod For Sale Of Wind Assets To Orix - The Financial Express
The IL&FS group was expected to get around Rs 4,800 crore from the sale. Earlier this year, GAIL had offered Rs 4,785.7 crore for the IL&FS stake in seven companies under IL&FS Wind Energy -- Lalpur Wind Energy, Etesian Urja, Khandke Wind Energy, Retadi Wind Power, Wind Urja India, Tadas Wind Energy and Kaze Energy.
Fresh Out Of Y Combinator, Tandem Lands Millions From Andreessen Horowitz - Techcrunch
Tandem is amongst the most sought after companies of Y Combinator's summer batch. : Tandem, one of the most sought after companies to graduate from Y Combinator's summer batch, will emerge from the accelerator program with a supersized seed round and an uncharacteristically high valuation. The months-old business, which is developing communication software for remote teams after pivoting from crypto, is raising a $7.5 million seed financing at a valuation north of $30 million, sources tell TechCrunch. Airbnb investor Andreessen Horowitz is leading the round. Tandem and a16z declined to comment for this story.
Homeis Raises $12M Series A Funding Round To Unite Immigrant Communities
Homeis will use funding round led by Spark Capital and Canaan to expand its mission to create a better internet for immigrants, and help 250 million immigrants in foreign-born communities around the world NEW YORK, August 20, 2019-- Homeis, the first digital platform for immigrant communities around the world, today announced its $12 million Series A funding round led by Canaan and Spark Capital.
Tdk Ventures Invests In First Portfolio Company Starship Technologies
* TDK Ventures makes first investment from $50 million fund in autonomous delivery service startup, Starship Technologies, as a result of its innovative technology, growth trajectory and high customer satisfaction. * Starship Technologies will leverage TDK Corporation's deep expertise in sensors and energy solutions for robotics and IoT, and TDK's extensive global reach, to help expand operations, meet exploding global customer demand and advance its technology to the next generation.
Fearless Fund Launches $5M Dollar Vc Fund Fueling Women Of Color Owned Businesses
This VC Fund caters to pre-seed, seed and Series A startups while servicing an underrepresented segment of women vying for more representation and funding opportunities ATLANTA, August 20, 2019-- The Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level, or series A funding. With a mission of bridging the gap in venture capital funding for women of color founders building scalable, growth aggressive companies, Fearless Fund is built by women of color for women of color.
Should Your New Vc Fund Use Revenue-based Investing? - Techcrunch
David Teten Contributor Share on Twitter David Teten is a Venture Partner with HOF Capital. He was previously a Partner for 8 years with HOF Capital and ff Venture Capital. David writes regularly at teten.com and @dteten. More posts by this contributor Why are revenue-based VCs investing in so many women and underrepresented founders? Who [...]
Why Are Revenue-based Vcs Investing In So Many Women And Underrepresented Founders? - Techcrunch
A new wave of revenue-based investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt.
Paragon Biosciences Announces The Formation Of Paragon Health Capital
The newly created private-equity firm was formed to serve the rapid expansion of Paragon Biosciences' portfolio of life science companies CHICAGO, August 20, 2019-- Paragon Biosciences LLC - the Chicago-based life science innovator that invests in, builds, and advises bioscience companies - is announcing the formation of Paragon Health Capital, LLC. Brian Friedman, a financial industry veteran with over 20 years of experience in health care investment banking and venture capital, will serve as CEO of the newly created private-equity firm.
Us's Falcon Edge Invests $1M In Indian Startup Vphrase Analytics
The startup plans to use the funding to expand its operations and launch its latest product Explorazor. The post US's Falcon Edge invests $1m in Indian startup vPhrase Analytics appeared first on DealStreetAsia.