David Ferrucci, the AI scientist behind IBM Watson, has secured nearly $60 million in funding for his New York-based AI startup, Elemental Cognition. The company, founded in 2015, sold $59.95 million in equity to 17 investors and plans to raise an additional $5.75 million.
Elemental Cognition is a New York-based AI platform that provides solutions including configuration management and research discovery for life sciences and financial sectors.