Monday, April 21, 2014

Nervana Raises $600K For Artificial Intelligence Hardware

San Diego-based Nervana Systems, a startup developing hardware specifically aimed at artificial intelligence software, has raised $600,000 in a funding round. The funding came from Ali and Hadi Partovi, Sam Altman, Geoff Ralston, Scott Banister, Owen Van Natta, Eric Baker, Farzad Khosrowshahi, Dara Khosrowshahi, Allen & Co., Aditya Agrawal, Ruchi Sanghvi, and SV Angels. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". That hardware includes features specifically for implementing machine learning and big data analysis software. More information »

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