Artificial intelligence keeps IBM atop 2016 patent list

IBM's efforts to match and surpass the human brain with computing technology helped push the company to the top of the 2016 list of patent awards.

The US Patent and Trademark Office granted IBM 8,088 patents for the year, more than 2,700 of them stemming from artificial intelligence and cognitive computing work, IBM and IFI Claims said Monday.

 

Samsung takes wraps off $150 million fund for early startups

Are you building the next big thing in virtual reality, artificial intelligence or the internet of things? If so, you probably would be interested in the $150 million fund announced Wednesday by Samsung Next, formerly known as the Samsung Global Innovation Center.

The latest fund targets pre-seed (typically used to build a core team and initial prototypes) to series B investments, David Eun, president and founder of Samsung Next, said in a statement from the Consumer Electronics Show in Las Vegas. Samsung's venture arm on Wednesday also announced its rebranded name and new website.