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Dylan: Another reminder: Nominations for 50 on Fire close at 5 p.m. on Monday. Read what we’re looking for in nominees here.

Lucy: If our May series on artificial intelligence in Boston didn’t convince you that the region is poised to become a leader in AI, news from this week should. On Thursday, IBM announced it was making a $240M investment to create a new AI research lab with MIT.

Dylan: Called the MIT-IBM Watson AI Lab, the goal is to create a bastion of research for AI and how it will impact the world, as well as spur the creation of new AI startups. This builds upon previously announced efforts to advance AI research, including IBM Research’s multi-year collaboration with MIT’s Department of Brain and Cognitive Sciences and a $50M collaboration on the intersection of AI  and genomics between IBM and the Broad Institute. And that’s just three of many AI-related happenings in Boston.

For Boston-area startups working in AI, IBM and MIT are in good company — it’s no surprise that some of these startups can trace their roots to MIT. Using data from Crunchbase Pro, we dug up the top 10 funded Boston-area startups working in AI, and they include a wide range of use cases, from autonomous vehicles and consumer electronics, to emotion and voice recognition.

The top funded Boston-area AI startups are 1) Interactions ($167M), 2) DataRobot ($124M), 3) Jibo ($72M), 4) Kensho ($67M), 5) Tamr ($42M), 6) RapidMiner ($36M), 7) Evolv Technology ($29M), 8) Affectiva ($26M), 9) Cogito ($22.5M), and 10) NuTonomy ($19.6M). You can find detailed descriptions of each startup and find out more about their latest moves in my post right here. Read more: The 10 Top Funded Artificial Intelligence Startups in Boston

Lucy: New chapter in the seemingly endless DraftKingsFanDuel story. This time, the daily fantasy sports companies will each pay the Commonwealth of Massachusetts $1.3M to settle allegations that they used unfair and deceptive practices, The Globe reported. The settlement will benefit consumer protection and youth education grant programs.

Dylan: Linkable Networks, a Boston startup that had raised more than $40M, has sold a number of assets to Collinson Group, a London-based consumer insights company, according to today’s Term Sheet newsletter. We’re expecting to get more details on this one, so we’ll share when we know more.

Lucy: Harvard Business School just announced its twelfth annual cohort of entrepreneurs-in-residence at the School’s Arthur Rock Center for Entrepreneurship. Throughout the academic year, these 21 entrepreneurs and investors will spend time on the HBS campus advising MBA students and working with faculty on research and course development. Selected entrepreneurs-in-residence include David Cancel, co-founder and CEO of Drift, and David Chang, who previously ran the PayPal Boston office. Read more: 21 Entrepreneurs-in-Residence Who’ll Advise the Next Cohort of Harvard MBA Students

Dylan: HUBWeek, which runs Oct. 10-15, just announced the 100 companies that will be participating in its Demo Day showcase, which will happen Oct. 14. As part of Demo Day, the startups will also compete for $150K in cash and in-kind prizes. The semi-finals will take place on Sept. 25 at District Hall, and the finals will be on Oct. 14, from 4 to 6 p.m. Demo Day participants include Flare, ClimaCell, RateGravity, Sleepbox, TellusLabs, Twiage, Wizio and nDash.

Lucy: More AI news today, this time about a partnership. Avitas Systems, a Boston-based GE venture, is partnering with NVIDIA to use some of the latest advances in artificial intelligence computing to optimize the use of robotics for inspection.



Dylan: HealthWiz, an HBS-born healthcare startup that Lucy wrote about earlier this year, has raised $110K out of a $1.5M offering, according to a new Form D.

HUBweek: What happens when you place 79 shipping containers, 4 geodesic domes, food trucks, immersive art installations and thousands of artists, speakers, and innovators on Boston’s City Hall Plaza? Join HUBweek Oct. 10-15, as we transform City Hall Plaza into The HUB, presented by Liberty Mutual Insurance. A first-of-its-kind festival site, The HUB will feature dozens of talks, demos, and performances–many of which are free. Read more: 11 Can’t Miss Moments During HUBweek.

Got anonymous tips for BostInno? Contact us.

GM: Kyle Gross (KG) kgross@americaninno.com
Staff Writer: Dylan Martin dmartin@americaninno.com
Staff Writer: Lucia Maffei (Lucy) lmaffei@americaninno.com

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