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Capnamic closes €115M fund for ‘digital transformation’ of Germany, counts Cisco and Axa as LPs

June 27th, 2017|Categories: Gizmo News|

Capnamic Ventures, an early-stage venture capital firm based in Berlin and Cologne, is announcing the final closing of a new €115 million tech fund. The VC says it will invest in tech companies predominantly in the German-speaking region [...]

Your.MD raises $10M to grow AI-driven health information service and marketplace

June 27th, 2017|Categories: Gizmo News|

Your.MD, an AI-driven health information service delivered via a bot, has raised $10 million in new funding. Read More on Tech Crunch

PromoRepublic raises $1.2M for AI which creates social media for small businesses

June 27th, 2017|Categories: Gizmo News|

As AI slowly seeps into various sectors, it was fairly inevitable that we would start to see the “AI for X” startups begin to appear. Thus “AI for small business social media” is now a thing, in the [...]

Volkswagen partners with Nvidia to expand its use of AI beyond autonomous vehicles

June 27th, 2017|Categories: Gizmo News|

Volkswagen is working with Nvidia to expand its usage of its artificial intelligence and deep learning technologies beyond autonomous vehicles and into other areas of business, the two companies revealed today. VW set up its Munich-based data lab [...]

Nvidia, ZF and Hella will team to ensure self-driving cars meet safety standards

June 27th, 2017|Categories: Gizmo News|

Auto industry suppliers ZF and Hella are welcoming a third strategic partner to their effort to bring self-driving systems to market for OEM clients. Nvidia is joining the two to help incorporate its own in-car AI technology in [...]

Volvo and Autoliv aim to sell self-driving cars with Nvidia AI tech by 2021

June 27th, 2017|Categories: Gizmo News|

Volvo is forming a new joint partnership with Autoliv, called Zenuity, with a focus on developing self-driving automotive software. The plan is to eventually get to the point where they can field self-driving cars for sale, based on [...]

Change.org’s latest round was actually a recap

June 27th, 2017|Categories: Gizmo News|

A few weeks ago we reported on LinkedIn co-founder Reid Hoffman’s investment in social justice petitions site Change.org. Since then a few people with direct knowledge of the situation have told us that the funding round was actually [...]

Instacart CMO Cheryl Law is no longer at the company

June 27th, 2017|Categories: Gizmo News|

Instacart CMO Cheryl Law is no longer at the company, Techcrunch has learned. Instacart confirmed the departure. We were tipped off about her departure a bit before the whole Amazon making a $13.7B bid for Whole Foods thing [...]

Disney experiments look to make kid-robot interactions more natural

June 26th, 2017|Categories: Gizmo News|

Sooner or later, our children will be raised by robots, so it’s natural that Disney, purveyor of both robots and child-related goods, would want to get ahead of that trend. A trio of studies from its Research division [...]