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IBM Acquires AlchemyAPI Enhancing Watson’s Deep Learning Capabilities

IBM announced it has acquired AlchemyAPI, a leading provider of scalable cognitive computing application program interface (API) services and deep learning technology. The acquisition will accelerate IBM’s development of next generation cognitive computing applications.  The acquisition also significantly expands the Watson ecosystem, welcoming 40,000 developers that have innovated on the AlchemyAPI platform to the IBM Watson developer community. Financial terms of the deal were ... Read More »

Rocket Fuel Full Year 2014 Revenues Up 70%

Rocket Fuel Inc., a leading provider of artificial intelligence and big data solutions for digital advertising, reported revenue of $139.5 million up 63% compared to $85.6 million for the fourth quarter of 2013.  Net loss was $(20.5) million, or $(0.49) per diluted share, compared to a net loss of $(2.2) million, or $(0.07) per diluted share for the fourth quarter of 2013. For fiscal year 2014 revenue was $408.6 million increased 70% compared to $240.6 ... Read More »

Rocket Fuel Announces Completion of [x+1] Acquisition

Rocket Fuel announced the completion of the acquisition of X Plus Two Solutions Inc, the parent company of [x+1], a leading provider of programmatic marketing and data-management solutions.  The acquisition of [x+1] significantly expands the market opportunity for Rocket Fuel, enabling integrated storytelling across the customer journey, accelerating the company’s entry into the digital marketing enterprise SaaS market, and leveraging ... Read More »

Quantum Computing: Google Hires Leading Team of Experts

The Financial Times reports that Google has hired one of the world’s leading quantum computing researchers as it ramps up efforts to develop artificial intelligence and vastly increase the processing power of computers.  It is one of Google’s bet on the rise of “smart machines”. Physicist John Martinis and his team at the University of California Santa Barbara will join Google’s ... Read More »

Transunion and Rocket Fuel Combine Technologies to Enable Artificial Intelligence Powered Online/Offline Marketing Initiatives

TransUnion and Rocket Fuel (NASDAQ: FUEL), a leading provider of artificial intelligence (AI) advertising solutions for digital marketers, announced a partnership to boost return on investment (ROI) for financial institutions’ advertising initiatives.  This partnership will enable financial services companies to improve advertising success and better secure prospective customers across multiple channels, both online and offline. Financial institutions that offer credit ... Read More »