Salesforce to launch $50 million artificial intelligence fund

The venture wing of Salesforce.com Inc is launching a $50 million fund to invest in start-ups employing artificial intelligence, the cloud computing firm told Reuters on Tuesday.

Source: reuters

Artificial Intelligence Is Here To Stay, But Consumer Trust Is A Must for AI in Business

One of the most significant advances for sales in this decade is the growing sophistication and accuracy of predictive analytics-the science of knowing how and why and when people buy, and the best ways to approach them in sales. Predictive analytics is, in my opinion, one of the most compelling uses of Artificial Intelligence (AI).

Source: Forbes

GNS Healthcare raises $6 million for causal machine learning platform

Precision medicine company GNS Healthcare has raised an additional $6 million in equity from Amgen Ventures, with participation from existing investor Alexandria Real Estate Equities. The funds will be used to further develop the company's REFS causal machine learning and simulation platform -- as well as solutions across drug discovery and development, value-based drug solutions, and care management.

Source: mobihealthnews

ThoughtSpot raises $60 million ends funding round for artificial intelligence technology

Silicon Valley technology company ThoughtSpot has completed a $120 million funding round to fuel the start-up's new artificial intelligence endeavor.

Source: reuters

Cleo a chatbot that wants to replace your banking apps raises 2M pound led by LocalGlobe

Cleo, the London-based fintech startup that offers an AI-powered chatbot to help you manage your finances, has closed 2 million pound in further funding, adding to an impressive list of backers that already includes Skype founder Niklas Zennstrom.

Source: Tech Crunch

Rajan Anandan 500 Startups invest in chatbot tool Bottr.me

Chatbot creation tool Bottr.me has raised an undisclosed amount of funding from 500 Startups, Purvi Capital, Google India`s managing director Rajan Anandan, and Abhishek Gupta from TLabs, according to a company executive.

Source: VCCircle

Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy.

Source: Tech Crunch

Julia Computing raises $4.6 mn in seed round

US- and Bangalore-based Julia Computing, a provider of open source language for data science and machine learning, has received $4.6 million (Rs 30 crore) in seed funding from US-based investment firms General Catalyst and Founder Collective.

Source: VCC

Artificial Intelligence Based fashion startup Fabulyst raises seed round

Fabulyst Pvt. Ltd, which operates an artificial intelligence-based platform emulating a personal stylist, has raised Rs 1.4 crore ($216,000) in seed funding from iB Hubs, a launchpad-cum-accelerator for startups.

Source: VCC

Inside the bizarre human job of being a face for artificial intelligence

Some people are famous only among fans of a particular sport, a specific age group, or their hometown locals. Lauren Hayes, a 27-year-old model and entrepreneur, is famous at the automation software company IPsoft.

Source: Quartz

How NATO wants to use artificial intelligence in decision making

The North Atlantic Treaty Organization (NATO) believes in incorporating artificial intelligence in its decision-making process, a senior official told CNBC.

Source: CNBC

Reality AI raises $1.7M to power IoT device products with artificial intelligence

Reality AI, a New York-based SaaS application for R&D engineers developing IoT products closed a $1.7M seed investment round on May 15, 2017. The round was led by TechNexus Venture Collaborative, angel investors, and family offices.

Source: Media.wix

Cybersecurity firm Crowdstrike raises $100 million at more than $1 billion valuation

CrowdStrike, the cybersecurity firm that burst onto the national scene during the U.S. election season last year when it became the first to pin a data breach at the Democratic National Committee on Russia, said on Wednesday that it has closed a $100 million funding round at a valuation exceeding $1 billion.

Source: Fortune

Chatbot-powered recruitment heats up as Emergence backs Mya Systems with $11.4 mln

San Francisco-based Mya Systems, formerly known as FirstJob, announced Wednesday that it has raised $11.4 million in Series A funding to develop its AI-powered recruiter chatbot Mya.

Source: Pehub

UK triage chatbot maker babylon gets $60M, plans next generation app

UK-based health chatbot company babylon, which raised $25 million in early 2016, has raised an additional $60 million in funding.

Source: Mobihealthnews

Getting Started with Chatbots by Tamer Qumhieh Introduction

At Oracle Open World 2016, Larry Ellison demoed the upcoming Oracle Intelligent Bots Cloud Service (IBCS).

Source: Oracle

Redcliffe's Dheeraj Jain backs security solutions startup ASADEL

Video analytics and enterprise safety company ASADEL Technologies Pvt. Ltd has raised an undisclosed amount from Dheeraj Jain, managing partner at venture capital firm Redcliffe Capital, in exchange for a 10% stake, a company statement said.

Source: VCC

Food startup Faasos raises $6.3 mn from existing investors

Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd. has raised Rs 41.4 crore ($6.3 million) from existing investors, filings with the Registrar of Companies (RoC) show.

Source: VCC