Artificial Intelligence Company Inbenta Receives $2M in Series A Funding

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Sunnyvale, CA (PRWEB) April 17, 2014 — Inbenta, the Semantic Search Engine provider, announces it has closed a $2M Series A funding from a group of investors led by “Amérigo Chile Early Stage and Growth”. Amerigo is an international network of technological Venture Capital funds which forms part of Telefónica’s commitment to boosting technological innovation around the world. Inbenta will use the funds to continue to scale out their A.I. based Semantic Search platform for enterprise customer care solutions while expanding operations worldwide. Read more

Thinknum Sees Financial Analysis In A New Light

thinknumpixThinknum is a startup with the mission: disrupting financial analysis.

In his work as a quantitative strategist at Goldman Sachs, Thinknum co-founder Gregory Ugwi saw firsthand the trials and tribulations financial analysts went through to digest companies’ financial reports and then build their own research reports about their expectations for future performance based on past numbers. The U.S. SEC’s mandate that companies disclose their financial data using XBRL (eXtensible Business Reporting Language) was supposed to help them, as well as investors of all stripes and sizes that want to better understand what’s going on at the companies they’re interested in.

“The SEC has mandated that all companies have to release their numbers in a machine-readable format, and that’s XBRL (eXtensible Business Reporting Language),” says Ugwi. The positive side of that is that anyone can now get the stats on companies from Google to Wal-Mart, but the downside is that by and large, they can’t do it in a user-friendly way.

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Semantic Web Jobs: Jet Propulsion Laboratory

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The Jet Propulsion Laboratory is looking for a Software Systems Architect in Pasadena, CA. According to the post, this person will “Be a member of the Mission Control Systems Section (393) Software and Information Architecture Group (393A) and report to the Group Supervisor. Will lead the design and implementation of the Advanced Multi-Mission Operations System (AMMOS) Information Architecture. Will direct the activities of multiple subsystems engineering teams in understanding, representing, and normalizing the information exchanges between and their subsystems and how those exchanges interact with the various operations teams and processes. Will lead key portions of the next-generation AMMOS architecture particularly high profile tasks.” Read more

Vertical Search Works Acquires addGloo

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NEW YORK–(BUSINESS WIRE)–Vertical Search Works (VSW), the leading semantic search technology company, announced its acquisition of addGloo, a demand-side platform (DSP) focused on integrating real-time semantic analysis with real-time bidding (RTB) for online display advertising. VSW is now in a position to give advertisers a more efficient way to buy, execute and optimize their online campaigns with greater relevance and scale via real-time bidding.

 

The acquisition supports VSW’s value proposition, which utilizes patented semantic search technology, machine-learning and natural language processing methods to provide relevant content and advertising to users across display, mobile and video advertising channels. Read more

Cambridge Semantics Named Finalist in SIIA Software CODiE Awards

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Boston, MA (PRWEB) April 17, 2014 — Cambridge Semantics, the leading provider of Smart Data solutions, today announced the Anzo product suite has been named a finalist for two industry awards: the 2014 SIIA CODiE Software Award for Best Business Intelligence/Analytics Solution, and the Bio-IT World Best of Show Award.

 

Cambridge Semantics’ Anzo software is an open platform for building Smart Data solutions driven by semantic web technologies. It combines data from any source across the enterprise and the web – from Google News to Twitter to enterprise systems to Big Data systems – whether the information is located inside databases, spreadsheets, documents, and social media or as videos and images. This information is then presented graphically in dashboards and reports that link data together based on common ideas and relationships regardless of the source, providing easily recognizable meaning and context to make informed business decisions. Read more

Gnip Acquired by Twitter

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Twitter has acquired Gnip, a social data provider that we have covered in the past. According to Chris Moody of Gnip, “Combining forces with Twitter allows us to go much faster and much deeper. We’ll be able to support a broader set of use cases across a diverse set of users including brands, universities, agencies, and developers big and small. Joining Twitter also provides us access to resources and infrastructure to scale to the next level and offer new products and solutions. This acquisition signals clear recognition that investments in social data are healthier than ever. Our customers can continue to build and innovate on one of the world’s largest and most trusted providers of social data and the foundation for innovation is now even stronger. We will continue to serve you with the best data products available and will be introducing new offerings with Twitter to better meet your needs and help you continue to deliver truly innovative solutions.” Read more

Schema.org Takes Action

actionstatusThis week saw schema.org introduce vocabulary that enables websites to describe the actions they enable and how these actions can be invoked, in the hope that these additions will help unleash new categories of applications, according to a new post by Dan Brickley.

This represents an expansion of the vocabulary’s focus point from describing entities to taking action on these entities. The work has been in progress, Brickley explains here, for the last couple of years, building on the http://schema.org/Action types added last August by providing a way of describing the capability to perform actions in the future.

The three action status type now includes PotentialActionStatus for a description of an action that is supported, ActiveActionStatus for an in-progress action, and CompletedActionStatus, for an action that has already taken place.

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Semantic Web Jobs: Novetta Solutions

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Novetta Solutions is looking for a Software Engineer in Reston, VA. According to the post, “Novetta Solutions is seeking a Software Engineer to work on cutting edge development projects.  You will be part of a team of dedicated professionals solving our customers’ most challenging problems. In this role you will be: Development of COTS and integration; Transformation and ingestion of structured and unstructured data sources; Work closely and interface with technologists, analysts, and the customer on a daily basis.” Read more

Computers Learning Like Humans Through NLP

norNorthwestern University reports, “Someday we might be able to build software for our computers simply by talking to them. Ken Forbus, Walter P. Murphy Professor of Electrical Engineering and Computer Science, and his team have developed a program that allows them to teach computers as you would teach a small child—through natural language and sketching. Called Companion Cognitive Systems, the architecture has the ability for human-like learning. ‘We think software needs to evolve to be more like people,’ Forbus says. ‘We’re trying to understand human minds by trying to build them.’ Forbus has spent his career working in the area of artificial intelligence, creating computer programs and simulations in an attempt to understand how the human mind works. At the heart of the Companions project is the claim that much of human learning is based on analogy. When presented with a new program or situation, the mind identifies similar past experiences to form an action. This allows us to build upon our own knowledge with the ability to continually adapt and learn.” Read more

Improving Customer Interaction with Machine Learning

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Rick Delgado of Tech Cocktail reports, “The one thing most businesses strive for is to make sure their customers are happy.In the past, the approach to this was fairly simple, engaging the customer through cheerful face-to-face interaction and seeing to all their needs personally. But as technology advances, more and more business dealings are taking place online, away from the face-to-face model that served so well for years. Many businesses are now turning to machine learning as the solution to improve customer interaction.” Read more

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