investment
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Splunk Invests in Wildfire Detection Tool Provider Zonehaven; Lenny Stein Quoted
Splunk has made an investment in San Francisco-based technology startup Zonehaven to help the latter advance its team expansion and research-and-development efforts. The funding marks the initial investment Splunk made through its $50M Social Impact Fund, Splunk said Tuesday.
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Mercury Systems Invests in Microelectronics Business Expansion Effort; Mark Aslett Quoted
Mercury Systems has made a strategic investment of $15M to expand its custom microelectronics business and deliver commercial silicon technology platforms to the Department of Defense.
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Motorola Solutions Makes Strategic Investment in Speech Recognition Tech Provider GreenKey
Motorola Solutions has invested in Chicago-based speech recognition system developer GreenKey Technologies to help the latter build up its technology, resource and deployment processes in the public safety sector.
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Use of AI, Machine Learning Evident in Top 10 Firms to Watch in Cybersecurity Market
The top 10 cybersecurity firms to watch in 2019 reflect the use of artificial intelligence, machine learning, analytics and other technologies to help speed up cyber threat detection and response to such threats, Forbes reported Sunday.
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in M&A Activity, News
SAIC Forms Strategic Partnership With Franklin Venture Partners to Expand Emerging Tech Access; Josh Jackson Quoted
Science Applications International Corp. (SAIC) announced on Tuesday that SAIC has formed a new strategic partnership with Franklin Venture Partners to broaden its access and exposure to emerging technologies being developed by startup companies across the U.S. More
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in News
PayIt Secures $100M Insight Partners Investment
Public services platform PayIt has received a $100M investment from New York-based venture capital and private equity firm Insight Partners.
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SAS to Invest $1B in AI Through R&D Innovation, Education Programs
Cary, N.C.-based analytics firm SAS has announced plans to invest $1B in the next three years in artificial intelligence. The company said Monday the AI investment will focus on research and development innovation; education programs meant to address client needs; and expert services to maximize customer return on AI-related projects.
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AI.Reverie Gets In-Q-Tel Investment for Computer Vision Simulation Platform
In-Q-Tel, the intelligence community’s venture capital arm, has made a strategic investment in AI.Reverie to further develop the latter company’s computer vision simulation platform designed to meet government agencies’ operational requirements. AI.Reverie’s platform is designed to create photorealistic virtual worlds to mimic real-time locations and provide automatically annotated synthetic data and various scenarios and objects to facilitate training of algorithms and artificial intelligence tools, IQT said Tuesday.
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