Artificial Intelligence

Irving’s Caris Life Sciences Closes On $400M Secured Term Loan

by | Jan 23, 2023

Caris Life Sciences, the Irving-based biotech company, announced Thursday that it closed a senior secured term loan providing up to $400 million in capital from OrbiMed and Braidwell, bringing its funding total since 2018 to roughly $1.7 billion.

Caris, a molecular science and technology company that is actively developing and delivering innovative solutions to revolutionize healthcare, said it will use the proceeds to repay debt, improve its unique precision medicine platform, and for general corporate purposes....

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New Charles Schwab Platform Seeks to Help DIY Investors with Thematic Investing
by | Jan 15, 2023

Thematic investing is an old, but growing trend that offers investors a way to profit from emerging trends they believe in and are passionate about, a report in International Business Daily said....

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Lantern Pharma’s New Drug Candidate for Mantle Cell Lymphoma Shows Promise
by | Dec 22, 2022
The Dallas-based biopharmaceutical company expects to begin testing the drug candidate in a “first in human” trial in mid-2023. The drug was developed using the publicly traded company’s AI/ML drug development platform.

Lantern, in collaboration with the National Cancer Institute, recently published insights on how AI can be used to find new indications for cancer drugs in record times with significant reductions in costs.
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Check Out the Emerging Tech Trends This Dell Technologies Leader Is Tracking
by | Aug 10, 2022
Rakesh Apte, Dell's director of product management and innovation strategy, lays out the emerging trends driving the future of innovation in the technology space that companies big and small should have their eyes on.
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From TikTok Recommendations to New Trends, The Mark Cuban Foundation Aims to Teach Students About AI

by | Jun 16, 2022
The charitable foundation of Dallas Mavericks owner and serial entrepreneur Mark Cuban—is teaming up with local tech firms to launch its free AI Bootcamps for high school students across North Texas and beyond.

“These young leaders can now participate in the conversation around how AI should be developed and used,” Cuban has said. “We’re giving them a seat at the table.”  

Applications are now open.
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Pieces Helps Speed Patient Identification for National Cancer Study
by | Jun 8, 2022
Irving-based Pieces, a health care-focused AI company, is teaming up with a Philadelphia firm to accelerate patient identification for a National Cancer Institute colorectal cancer study. Nearly 10,000 participants will be needed across the U.S. Pieces will use its analytics platform—which combines AI with natural language processing, to “read” through hundreds of thousands of electronic colonoscopy notes and records—to quickly identify patients that meet the study’s criteria.
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From left: Abidali Neemuchwala and Dayakar Puskoor [Photo: Dallas Venture Capital]
‘Cross-Border VC’: Dallas Venture Capital Raises $80M to Invest Alongside Its $50M India Fund
by | May 25, 2022
Dallas Venture Capital is "poised to bootstrap two large start-up ecosystems in the U.S. and India," says co-founder Dayakar Puskoor.

The venture firm—which has an office in Irving and another in Hyperabad, India—plans a combined deployment of the funds over four to five years.
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With $4M in Funding, Dallas Startup Aims to Streamline the Hiring Process
by | May 11, 2022
Dallas-based software startup HireLogic aims to improve the job interview process with its AI- and machine learning-powered platform, designed to help automate the screening process. Its CEO says he wants to help companies "gain insights from interview data to make faster, better hiring decisions."
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Retail, Tech, and Innovation Leaders Join North Texas AR Startup’s New Advisory Board

by | Apr 6, 2022
Spacee, a computer vision- and AI-powered augmented reality company, has unveiled a new three-person advisory board in a moment that founder and CEO Skip Howard calls “critical.”
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New Spinoff Company Aims to Create Digital Solutions with ‘Next-Gen’ Technology
by | Mar 23, 2022
InfoVision, a Richardson-based digital transformation and consulting firm, is spinning out its Digit7 business—which focuses on developing customizable and scalable digital solutions through “next-gen” tech—as an independent entity.

Last year, Digit7 set up a 15,000 square-foot “innovation lab” in Richardson. The company also has offices in India.
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Arlington’s First Rate Ventures Makes Second Investment from $25M Fintech-Focused Fund
by | Mar 10, 2022
Arlington-based First Rate, which provides technology and services to wealth management companies, launched its corporate venture arm First Rate Ventures in December. Now it's made its second investment—in New York-based RegAlytics, a regulatory data analytics company.
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Dallas Automation Startup Eyes International Growth with $15M investment
by | Feb 2, 2022
Krista Software, a Dallas-based business automation platform, landed the $15 million in a funding round led by Denver’s Grotech Ventures. The company describes its software as a “conversation” among people, IT assets, and apps.
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$11.5M NVIDIA Collaboration Will Put SMU ‘in the Fast Lane for Artificial Intelligence’

by | Nov 11, 2021
SMU is investing $11.5 million into a powerful new supercomputing research system featuring an NVIDIA DGX SuperPOD. Connected with the NVIDIA Quantum InfiniBand networking platform in SMU's data center, it will produce a theoretical 100 petaflops of computing power—enabling the university's network to perform "a blistering 100 quadrillion operations per second." The new capability will supercharge SMU's AI and supercomputing exploration, boosting North Texas' growth as a technology hub.
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How Artificial Intelligence Is Changing Dentistry
by | Aug 4, 2021
From patient care to office operations, artificial intelligence (AI) is poised to improve dental care.
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This ‘Blue Collar Analytics Company’ Delivers AI and ML Solutions For ‘People Who Work Hard’
by | Jul 15, 2021
Parasanti Co-founders James Hancock and veteran Joshua Seagroves both had roots in ranching and farming, making the defense and ag solutions innovator a natural fit. Now the company is ready to continue growing, adding employees and customers, gaining traction in defense innovation, and launching new projects with the Air Force and oil and gas companies.
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Co-CEO Sivakumar Lakshmanan [Image via Antuit.AI]
Antuit.ai Launches Studio to Enable Consumer Product and Retail Companies With Production-Ready AI Models
by | Jul 7, 2021
Frisco-based Antuit.ai's industry-first AI Demand Modeling Studio will enable companies with production-ready AI models, pipelines, and workflows for demand forecasting, shaping, and fulfillment. It should help consumer product and retail companies better understand their consumer demand, according to the team.
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