Petuum Closes $93 Million in Series B Funding Led by SoftBank

PITTSBURGH, PA – October 10, 2017 – Petuum, Inc., a machine learning (ML) infrastructure platform, has closed $93 million in Series B funding led by a subsidiary of SoftBank Group Corp. (“SoftBank”), with participation from previous investor Advantech Capital. Petuum has raised a total of $108 million, making it one of the best-funded early-stage AI startups. Despite all the hype about machine […]

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A New World Led by Information Science — SoftBank World 2017

SoftBank’s annual two-day event — “SoftBank World 2017” — was held on July 20 and 21. Since the announcement of the humanoid robot “Pepper”, SoftBank has been rapidly developing applications around robots, AI (Artificial Intelligence) and IoT (Internet of Things), which took up a large proportion of this year’s keynote speeches and special lectures. This […]

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