26 November, 2014
Big Data’s Cousin—Artificial Intelligence—Is Growing Up
In a not-so-quiet way, the tech industry is placing new bets on artificial intelligence, reviving a long-sought technology by using massive data sets and powerful computers.
San Francisco-based Sentient Technologies on Monday said it raised a $103.5 million Series C round, bringing its total financing to $143 million. The funding came from Access Industries and Hong Kong-based investors Tata Communications and Horizon Ventures.
Sentient Technologies is applying large-scale distributed computing to artificial intelligence. The idea is to have million or tens of millions of computer nodes, which could be in multiple locations, analyze large amounts of data with AI-based algorithms.