Beyond Limits, a Glendale, Calif.-based company that builds human-like reasoning into its artificial intelligence, has taken its tech from outer space onto factory floors and to hospitals.

Now as it seeks to expand its global footprint, the company said it raised $133 million in Series C funding. In addition to an expansion of its services, it hopes to build up its software platforms.

The round was led by Group 42, an artificial intelligence and cloud computing company in Abu Dhabi, and its longtime and ongoing partner bp ventures, an investment arm of the British energy group. Founded in 2014, Beyond Limits is based on technologies developed at Caltech and NASA's Jet Propulsion Laboratory and funded by NASA and the Department of Defense.

Read more Show less

Techstars Starburst Space Accelerator's latest class announced partnerships with NASA's Jet Propulsion Laboratory, Maxar Technologies and Israel Aerospace Industries (IAI) North America, among others, at Wednesday's long-awaited showcase. It was the culmination of months of focused and sometimes grueling remote work.

The program aims to help companies achieve several years of commercial growth within three months, with mentorship from the accelerator's partners, including the U.S. Air Force, NASA Jet Propulsion Laboratory (JPL), Lockheed Martin, Israel Aerospace Industries North American (IAI), SAIC and Maxar Technology.

Read more Show less

Wide-eyed and sweet, meet Moxie, the $1,500 robot for children.

The creators of the one-foot tall emotive machine want Moxie to become your child's newest companion. Geared toward autistic children, the company believes Moxie embodies "the very best of humanity" in a form of technology that fuels learning.

"What we are trying to do with this product is to amp up the benefit of social or, if you like, emotional intelligence," said its creator Paolo Pirjanian. "I want every child to be able to access this."

Read more Show less

Trending