Tag "MIT"

MIT’s fund accelerator ‘The Engine’ raises $150mn

By : CIOL Writers

Launched in October 2016, fund accelerator for advanced technology startups, The Engine,  has raised more than $150 million in its first investment round to “support startups developing breakthrough scientific and technological innovations with potential for societal impact.” While MIT invested $25 million

IBM and MIT partner to build AI that sees and hears like humans

By : CIOL Writers

IBM and MIT have partnered to improve AI’s ability to interpret sight and sound like humans do. The new IBM-MIT Laboratory for Brain-inspired Multimedia Machine Comprehension is a ‘multi-year’ collaboration between the two organizations that will be looking specifically at