The Biggest Robo-Advisor Just Raised $100 Million
Betterment, a digital investment startup based in New York, has raised $100 million in a Series E round venture funding led by Kinnevik, a Swedish investment firm. The firm previously raised $105 million in funding; existing investors Bessemer Venture Partners, Anthemis Group, Menlo Ventures, and Francisco Partners participated. Including the funding, the deal values Betterment at $700 million, up
Microsoft’s new AI tools help developers build smart apps and bots
Microsoft is offering new tools to help developers build interactive bots that understand natural language, the company announced at its Build conference today. There are two key components, which are available in preview and are both part of the larger Cortana Intelligence Suite. "The first, Microsoft Cognitive Services, is a collection of intelligence APIs that allows systems to see, hear, speak
Number of U.S. government 'cyber incidents' jumps in 2015
A man types on a computer keyboard in this February 28, 2013 file photo illustration. REUTERS/Kacper Pempel/Files WASHINGTON (Reuters) - The U.S. government was hit by more than 77,000 “cyber incidents” like data thefts or other security breaches in fiscal year 2015, a 10 percent increase over the previous year, according to a White House audit. Part of the uptick stems from federal agencies impro
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