Tencent, Felicis lead mln Series A for Diffbot

Tencent and Felicis Ventures led a $10 million Series A funding round for artificial intelligence startup Diffbot. Investors in the round include Amplify Ventures, Valor Capital, Andy Bechtolsheim, co-founder of Sun Microsystems and others. Palo Alto, California-based Diffbot is attempting to build the world’s largest database of knowledge. PRESS RELEASE PALO ALTO, Calif.–(BUSINESS WIRE)–Today, Diffbot announced that the company secured $10 million in series A funding to build an AI that can autonomously synthesize the world’s largest database of knowledge. Known as the Global Index, Diffbot’s AI-synthesized database surpassed the size of Google’s own Knowledge Graph by using a combination of deep learning, computer vision, and natural language processing with no human oversight. Diffbot is already one of the only profitable Artificial Intelligence companies in the world, giving business applications…


Link to Full Article: Tencent, Felicis lead mln Series A for Diffbot