Venture capital investors can’t get enough of startups focused on artificial intelligence and machine learning, with some $18.4 billion invested in AI startups since 2012. At the same time, it’s an especially tough field for the startups, which face massive competition when they try to scale up for resources such as talent and crucial datasets ...

Longtime computer disk drive leader Seagate Technology PLC will have a new chief executive later this year after it badly missed quarterly earnings forecasts announced today. Surprised investors hammered the company’s shares, which are down about 16 percent in midday trading, to $33.50 a share. Early this morning, Seagate reported a fiscal fourth-quarter profit of ...

Not every company can move all its operations to the cloud, especially as myriad connected devices produce loads of data that’s slow and costly to ship back to central clouds for analyzing. That’s the opportunity iguazio Systems Ltd. is chasing, aided by a new round of funding announced today. Iguazio today said it has raised $33 ...

Alphabet Inc. handily beat quarterly earnings forecasts today despite taking an expected multibillion-dollar hit from an antitrust fine, but investors appear more worried about future challenges for the Internet giant. The parent company of search giant Google Inc. said today that it earned a second-quarter profit of $5.01 a share, down 28 percent from a ...

As much as Apple Inc.’s iPhone has boosted Qualcomm Technologies Inc.’s fortunes for years, it’s now coming back to bite the mobile chip making giant. That’s apparent in the chip maker’s fiscal third-quarter earnings reported today, which took an expected hit from a dispute with Apple over licensing fees on iPhones. Revenue fell 11 percent from ...

Twenty-one straight quarters of declining revenue: No wonder investors are getting a little weary of IBM Corp.’s turnaround attempt, dubbed “tedious” by one analyst Monday. Today’s second-quarter earnings report didn’t change anybody’s mind. The computer and services giant reported a profit before certain items such as acquisition and retirement costs of $2.97 a share, up ...

Hoping to add another crucial piece to its cloud marketing services, Zeta Interactive Corp. today said it’s buying Boomtrain Inc., a five-year-old marketing technology startup that uses machine learning to send personalized brand notifications to consumers. Zeta, a marketing technology company that does business as Zeta Global, plans to incorporate Boomtrain’s machine learning technology as ...

IBM Corp. will debut the newest in its decades-long series of mainframe computers for mainstream transaction processing Monday, this time focusing in particular on better protection of more data wherever it resides. The IBM z14 (pictured, with IBM distinguished engineer Karl Casserly, left, and hardware engineer Rhonda Sundlof) features what the company calls “pervasive encryption,” ...

Nvidia Corp. and Baidu Inc. today announced they’re teaming up to bring the processing power of Nvidia’s latest graphics chips to artificial-intelligence services in the Chinese Internet giant’s services, in particular self-driving cars. The two companies said at Baidu’s annual Create conference in Beijing that the two companies are looking to AI to a number ...

Less than a year after debuting a way to measure how well various processor chips can train computers to learn using neural network models, Baidu Inc. today updated the benchmark tool to gauge how well the chips actually run those models for jobs such as speech and image recognition. Deep Bench, which the Chinese Internet giant released ...