22 September 2020
Los Angeles, CA
Beyond Limits, an industrial and enterprise-grade AI technology company built for the most demanding sectors, including energy, utilities and healthcare, today announced a milestone Series C funding round with $113 million closed and another approximately $20 million committed. This round is led by Group 42, a prominent AI and cloud computing company, and bp ventures, an existing two-time investor and customer of the company.
“Today we are seeing unprecedented, world-wide demand for systems that go beyond the limitations of conventional AI,” said AJ Abdallat, CEO and Founder of Beyond Limits. “Our cognitive software has the ability to understand situations and place problems in real-world contexts as well as to learn over time. We’re excited to help more customers by applying our unique and powerful AI approach to solve some of the toughest problems facing industries and the world today.”
Beyond Limits’ Cognitive AI applies human-like reasoning to solve problems, much like how humans form conclusions using inference and logic. This unique approach combines encoded human knowledge with available data sources, allowing systems to adapt and continue to operate in situations where data may be in short supply or missing altogether. As a result, Beyond Limits’ customers are able to elevate operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits as a result.
“bp ventures was established to identify and invest in high-potential, game-changing technology companies that can help us reimagine our global energy system,” said Morag Watson, Senior Vice President, Digital Science and Engineering at bp. “With this additional investment, we believe that Beyond Limits’ Cognitive AI could help create a more intelligent and sustainable future for the energy sector and indeed across industry as a whole.”
“We look forward to working together and exploring the many capabilities of this advanced technology,” said Martin Edelman, General Counsel, Group 42. “We believe Beyond Limits’ unique AI will bring new levels of efficiency to high-impact sectors and help drive future economic growth.”
The $133M funding will be used to expand Beyond Limits’ business both in the United States and abroad, including the launch of Beyond Limits Asia, with regional headquarters in Singapore and operations in Hong Kong, Taipei and Tokyo and further expansion across Europe, the Middle East, Africa and Asia. The funding will also accelerate Beyond Limits’ Cognitive AI application development and SaaS product portfolio and fuel the Beyond Labs R&D program.
About Beyond Limits
Beyond Limits is an industrial and enterprise-grade artificial intelligence company built for the most demanding sectors including energy, utilities, and healthcare. Founded in 2014, Beyond Limits leverages a significant investment portfolio of advanced technology developed at Caltech’s Jet Propulsion Laboratory for NASA space missions.
Beyond traditional artificial intelligence, Beyond Limits’ unique Cognitive AI technology combines numeric techniques like machine learning with knowledge-based reasoning to produce actionable intelligence.
Customers implement Beyond Limits AI to drastically boost operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits as a result. The company was recently honored by CB Insights on their 2020 List of Top AI 100 most innovative artificial intelligence startups and by Frost & Sullivan for their North American Technology Innovation Award.
For more information, please visit www.beyond.ai.
About bp ventures
bp ventures was set up more than 10 years ago to identify and invest in private, high growth, game-changing technology companies, accelerating innovation across the entire energy spectrum. Since then, BP has invested almost $700 million in technology companies across more than 31 active investments with more than 250 co-investors.
Venturing plays a key role in BP’s strategy to tackle the dual challenge of meeting the world’s need for more energy, while at the same time reducing carbon emissions.
bp ventures focuses on connecting and growing new energy business, focused on our core upstream, downstream and alternative energy businesses. In addition, it makes strategic equity investments in advanced mobility, low carbon and digital.
For more information visit: bp.com/ventures
About Group 42
Group 42 (G42) is a leading Artificial Intelligence and Cloud Computing company dedicated to the development and implementation of holistic and scalable technology solutions. g42.ai
6 May 2020
Beyond Limits, a pioneering Artificial Intelligence software engineering company based in Southern California, today announced the Beyond Limits Coronavirus Dynamic Predictive Model. The new forecasting model has been built to help healthcare and governmental leaders predict the impact of COVID-19 on people, medical facilities, and regional recovery plans. The model enables planners to determine logistical responses at national, state, and county levels, as well as estimate the effects of mobility on infectivity.
In the effort to create the new predictive model, Beyond Limits collaborated with renowned medical experts from around the world combining their knowledge and expertise with advanced AI technology and modeling/programming capabilities from the company’s origins at the Caltech Jet Propulsion Laboratory.
“It’s our hope that by working together, we can offer useful advancements to the science of COVID-19 predictive modeling,” said AJ Abdallat, CEO, Beyond Limits. “Our goal was to apply innovative AI technology and deep medical experience with real-time data analysis to help society manage a very difficult situation.”
The dynamic Beyond Limits model leverages COVID-19 case data obtained from a database compiled by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University, in Baltimore, MD, USA. This database is used to predict resource supply and demand; enabling planners to determine logistical responses at national, state, and county levels. The model predicts infection rates, hospitalization rates, and the percentage of patients that will require ICU, ventilators, ECMO, or dialysis care.
The model also obtains mobility data from Descartes Labs, Inc., Santa Fe, NM, USA; enabling planners to estimate the effects of mobility on infectivity, alongside the ability to factor in potential impacts from changes in stay-at-home policies.
Explore the model in-action: https://web.covid.beyond.ai
About Beyond Limits
Beyond Limits is a pioneering Artificial Intelligence engineering company creating advanced software systems that go beyond conventional AI. Founded in 2014, Beyond Limits is helping companies solve tough, complex, mission-critical problems and transform their business. The company applies a unique hybrid approach to AI, combining numeric AI techniques like machine learning with knowledge-based reasoning to produce actionable intelligence. Beyond Limits primarily serves industrial customers with advanced AI systems designed to apply human-like reasoning to solve complex problems, reduce risk, increase efficiency, decrease waste, and provide analytical horsepower to accelerate executive and operator decision-making. The company was recently honored by CB Insights on their 2020 List of Top AI 100 most innovative artificial intelligence startups.
The information in this document is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment. It is intended for research purposes only and has not been peer reviewed. All content, including text, graphics, images and information, contained on or available through this document is for general information purposes only. Beyond Limits, Inc. makes no representation and assumes no responsibility for the accuracy of information contained on or available through this document, and such information is subject to change without notice. You are encouraged to confirm any information obtained from or through this document with other sources. NEVER DISREGARD PROFESSIONAL MEDICAL ADVICE OR DELAY SEEKING MEDICAL TREATMENT BECAUSE OF SOMETHING YOU HAVE READ ON OR ACCESSED THROUGH THIS DOCUMENT.
Beyond Limits, Inc. does not recommend, endorse or make any representation about the efficacy, appropriateness or suitability of any of the information from this document. Beyond Limits, Inc. IS NOT RESPONSIBLE NOR LIABLE FOR ANY ADVICE, COURSE OF TREATMENT, DIAGNOSIS OR ANY OTHER INFORMATION, SERVICES OR PRODUCTS THAT YOU OBTAIN THROUGH THIS DOCUMENT.
The models presented, including any predictions, underlying assumptions, or estimates, are intended only for informational purposes, and no data or study related thereto has been tested for efficacy or peer-reviewed. Under no circumstances should any predictions, estimates, or assumptions be regarded as a representation, undertaking, warranty or prediction by Beyond Limits or its employees or agents, with respect to the accuracy thereof. Beyond Limits disclaims any intent or obligation to update publicly or revise any prediction or estimate, whether as a result of new information, future events or otherwise. Neither Beyond Limits, its agents or employees or any data provider shall in any way be liable to you or any third party for any inaccuracies, errors or omissions (regardless of cause) in the content of the models, or for any damages (whether direct or indirect) resulting therefrom.
Updated: 27 January 2020
Originally Posted: 6 December 2019
Built In LA has awarded Beyond Limits the 33rd spot on their list of 100 Best Places to Work in Los Angeles for 2020 – a massive jump up from the 75th spot in 2019. Beyond Limits ranked 47th on their 50 Best Perks and Benefits and 16th on their 50 Best Midsize Places to Work lists as well. The latter spotlight is significant because our company placed 23rd on the list of 50 Best Small Places to Work in 2019, shedding a spotlight on Beyond Limits’ explosive global growth acceleration.
“Very fitting,” says Beyond Limits’ Head of Software Engineering George Paloulian. “There is a great deal of pride in our working atmosphere that’s palpable. Each team is not confined to their own department alone – there is a cohesive comradery that comes with constructive collaboration across a whole company. Great work team! What a fantastic way for Beyond Limits to start out the new decade.”
Built In is a tech platform that strives to connect the world through a shared passion for tech and the human need for purpose alongside goals to help talented people find their professional purpose, companies tell their stories, and connect communities. Built In’s ‘Best Places to Work’ lists rate companies algorithmically based on compensation and employer benefits, such as health and wellness, financial planning and stability, flexible work environment, professional and social impact, as well as company perks and discounts.
“When I was notified that we made Built In LA’s Best Places to Work lists I felt a great sense of pride,” says Beyond Limits’ Recruitment Manager Jordan Diggs. “Those of us working in Recruiting and HR we try, day in and day out, to provide a space all team members enjoy showing up to every day. The acknowledgment feels like a job well done on that front. This is a great place to work because it is a truly collaborative environment. On a day to day basis, I get to work with most orgs and vertically across varying levels – from individual contributors to executives. Not only am I included in the room, but my feedback is seen as valuable.”
The honor of being recognized again this year by Built In LA is a testament to Beyond Limits’ enduring reputation for pioneering technology, as well as the steady endeavor to support our carefully curated team of talented industry experts. It’s gratifying for a fast-growing company like Beyond Limits to be acknowledged, in the midst of that progress, for its continued efforts to foster a reciprocally respectful environment that places importance on inclusivity, diversity, and mutual encouragement in the workplace.
“It is always a great day when the company you love receives recognition of this nature,” says Beyond Limits’ COO Meghan Sharp. “Beyond Limits has done an amazing job of assembling such a well-rounded and diverse group of talented team members that love what they do, and it shows. It’s our job to nurture an environment that fosters each employee’s individual voice and strength. I believe this atmosphere of appreciation is part of what propels our team to show up each and every day and give one hundred percent; a kind of confidence that comes from feeling like that effort does, in fact, make a difference. Great work all around.”
15 October 2019
“Beyond Conventional AI” company donates $500 for every homer hit over its left-field banner to Astros Foundation and Astros MLB Youth Academy
Beyond Limits, a leading developer of advanced artificial intelligence (AI) solutions, today announced it has made a $12,000.00 donation to the Astros Foundation and the Astros Youth Academy, with $500.00 donated for every homerun hit over the prominent Beyond Limits sign on the left-field wall this 2019 season. A total of 24 homeruns were hit over the sign, with slugger Alex Bregman in the lead with 6 homeruns. Jose Altuve scored 4, with contributions from other Astros including George Springer with 3, Aledmys Diaz and Yordan Alvarez with 2 apiece, and Yuli Gurriel, Tony Kemp, Josh Reddick, and Robinson Chirinos with 1 homer each.
The Astros Foundation is the official 501(c)(3) team charity of the Houston Astros. They seek to harness the passion of baseball fans to support youth baseball and softball programs, the recognition/honor of the nation’s military, childhood cancer awareness and efforts to reduce homelessness. Their cornerstone initiatives include the Community Leaders program, the Astros MLB Youth Academy and the Astros RBI Program (Reviving Baseball in Inner Cities).
The Astros MLB Youth Academy provides free baseball and softball leagues, instructional camps, tutoring, and career development resources for kids ages 7-17. The Astros MLB Youth Academy also offers critical social services for local youth, including education, sports involvement, and career development.
“As a corporate sponsor of the Houston Astros we are proud to support the valuable work they do for the Houston community through the Astros Youth Academy (AYA),” said Trey Fleming, Global Client Executive & Sports Science Business Leader at Beyond Limits. “The life lessons young players learn through the AYA will follow them far beyond the baseball or softball diamond, and in many cases will directly contribute to their success on and off the field.”
About Beyond Limits
Beyond Limits is a full-stack Artificial Intelligence engineering company creating advanced software solutions that go beyond conventional AI. Founded in 2014, Beyond Limits is transforming proven technologies from Caltech and NASA’s Jet Propulsion Laboratory into advanced AI solutions, hardened to industrial strength, and put to work for forward-looking companies on earth. Beyond Limits leverages this unparalleled innovation portfolio, along with proprietary cognitive technologies, to help companies solve tough, complex, mission-critical problems and transform their business. We apply a unique hybrid approach to AI, combining numeric AI techniques like machine learning with higher order symbolic AI and expert human knowledge to deliver intuitive cognitive reasoning and information. The result is faster, better decisions that reduce risk and increase revenue. For more information, please visit www.beyond.ai.
Edward M. Yang
1-888-317-4687, ext. 702
7 October 2019
Advisory relationship with Caltech/JPL includes working at the cutting edge of AI technology
Beyond Limits, a leading developer of advanced artificial intelligence (AI) solutions, today announced its CEO AJ Abdallat has joined the Board of Advisors for the Center for Autonomous Systems and Technologies (CAST) at Caltech.
CAST is a facility where researchers and machines work together and learn from each other. CAST is involved in cutting edge research, including but not limited to: robotics, drones, next-generation AI algorithms and image processing.
Beyond Limits is transforming proven space and defense technologies from NASA and the U.S. Department of Defense into innovative solutions that address the emerging AI markets. These technologies were developed by a team of engineers at Caltech/Jet Propulsion Laboratory (JPL) over the last two decades and were funded by NASA and the Department of Defense to address their complex and far-reaching problems. Beyond Limits has worked with Caltech for several years.
“I’m honored to join the advisory board of CAST,” said Beyond Limits CEO AJ Abdallat. “Our organizations share the same pursuit of knowledge to advance AI in the fields of drone research, autonomous exploration, bio-inspired systems and more.”
In serving on the Board, Abdallat will share Beyond Limits’ vast pool of AI knowledge with CAST. Beyond Limits combines symbolic AI techniques with numeric approaches like machine learning, plus encoded human knowledge to produce Cognitive AI systems that think like human experts. Conventional “black box” approaches like machine learning, deep learning or neural networks cannot explain their reasoning, but Beyond Limits AI delivers clear explanations of its reasoning in transparent, evidence-based audit trails that both humans and machines can understand.
1-888-317-4687, ext. 702
The Business Intelligence Group has recognized Beyond Limits as a finalist for the Best Places to Work Award. The organization sought to identify companies that are actively working to improve their own performance through efforts to challenge employees in environments that make work fun and engaging.
Since 2012, the Business Intelligence Group has recognized and rewarded hundreds of business executives, departments, products, and entire organizations for their innovation and leadership. The Business Intelligence Group honors those companies who help their employees accelerate their careers, knowledge, and performance.
“It is an honor to be recognized as a finalist for the Best Places to Work,” said Mario Portugal, Director of HR at Beyond Limits. “We are continuously striving to create a more inclusive, diverse, and successful workplace. The results of the B.I.G. survey show that we have a strong and vibrant culture.”
Founded in 2014, Beyond Limits is a full-stack artificial intelligence engineering company creating advanced software solutions that go beyond conventional AI. Beyond Limits is transforming proven technologies from NASA’s Jet Propulsion Lab at Caltech into advanced AI solutions, hardened to industrial strength, and put to work for forward-looking companies on earth. Beyond Limits leverages this unparalleled innovation portfolio, along with the company’s breakthrough cognitive technology, to go beyond conventional AI, blending deep learning, and machine learning with symbolic AI to emulate human-like reasoning.
The company’s reputation for innovation and explosive growth has made it a top destination for some of the sharpest minds in AI. In 2018, they launched “Beyonders,” their internship program to accelerate the development of new leaders in cognitive AI. Beyonders dive deep into an immersive program that gives them the unique opportunity to work directly with the only AI company with software technology developed for space missions. Beyond Limits also participated at the Wonder Women Tech National Conference 2018 to help raise awareness for workplace diversity and inclusion. Beyond Limits’ commitment to diversity has also included recruiting and networking events hosted by WomenHack LA and Reed Smith’s Diversity Summit.
“Congratulations to Beyond Limits for building an organization focused on employee engagement and performance,” said Maria Jimenez, Chief Nominations Officer of Business Intelligence Group. “It was clear from analyzing the employee survey data that this is a great place to work and employee feedback is not only listened to, but acted upon. Congratulations to the entire team.”
Beyond Limits was also selected as a Silver Stevie® Award Winner in the 2018 American Business Awards®, a winner for the Tech Trailblazers Award in the category of artificial intelligence, a top place to work in the 2019 Built In LA Best Places to Work list and a nominee for the 2018 Edison Awards. Beyond Limits has been covered in the Wall Street Journal, Financial Times, Forbes, Fortune, Entrepreneur, ZDNet and the International Business Times.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry and business award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
Top medical minds join forces with leading cognitive AI provider to guide artificial intelligence powered innovation for the healthcare industry
“The healthcare industry is eager for AI innovations to help medical professionals care for people,” says AJ Abdallat, Beyond Limits CEO. “With the guidance of our esteemed advisory board, we are ready to contribute advanced technology solutions for this all-important mission.”
Beyond Limits Healthcare Advisory Board
Dr. Wael Barsoum, CEO and President, Cleveland Clinic Florida Region, Cleveland Clinic Board of Governors Member, Fellow of the American Board of Orthopaedic Surgeons and the AAOS.
Dr. Bala Manian, successful Silicon Valley serial entrepreneur, founder of multiple companies including ReaMetrix, Quantum Dot Corp., SurroMed, Biometric Imaging, Lumisys, and Molecular Dynamics.
Dr. Sanjiv Narayan, Professor of Medicine, Stanford University; Cardiologist, Bioengineer, Fellow of the American College of Cardiology. Founder of several medical technology startups. In addition to his MD, Dr. Narayan holds an MSc in Computer Science.
Dr. Manish Kohli, Global Board Chair and Fellow, HIMSS; Former CMIO and Head of Healthcare Informatics, Dubai Health Care City/ University Hospital (Dubai), CMIO, Cleveland Clinic (Abu Dhabi), CMIO, Johns Hopkins Community Physicians (Baltimore); Board Certified – Clinical Informatics, Family Medicine. Member, Standards Advisory Panel, Joint Commission International (JCI)
Dr. Steven Tucker, Preventive Medical Oncologist & Founder of Singapore-based group practice, Tucker Medical; Chief Medical Officer at insurtech start-up, CXA Group; and Director of Oncology & Genomics at MetLife Asia.
Dr. Douglas Johnston, Program Director for Thoracic Surgery, Cleveland Clinic, Committee Member, Society of Thoracic Surgeons, Cleveland Clinic Accountable Care Organization Board Member.
“We are honored to have the benefit of six extremely knowledgeable healthcare industry experts on our team,” says Dr. Manikanda Arunachalam, MD, Beyond Limits Head of Healthcare and SVP Corporate Development & Investments. “This is a world class team that fully understands the power that Beyond Limits cognitive AI can apply to solve difficult healthcare problems.”
Beyond Limits builds cognitive AI systems that interpret vast amounts of data from disparate sources to produce actionable information. For example, historical patient data, lab results, chart notes, real-time sensor monitoring, evidence-based clinical guidelines, and drug interactions, etc., can be interpreted by the system to better understand and personalize treatment suggestions.
Because medical decisions are important and frequently expensive, an AI system must be able to explain its thought process and conclusions. Unlike conventional “black box” approaches like machine learning, deep learning or neural networks that cannot explain their reasoning, Beyond Limits cognitive AI delivers clear explanations of its cognitive reasoning in transparent, evidence-based audit trails, including risk and uncertainties.
Beyond Limits cognitive AI technology combines conventional numeric AI with advanced symbolic logic for human-like reasoning to improve insights, inform decision-making, and reduce risk at the point of care. The company’s technology is considered to be a cognitive leap beyond conventional AI to a human-like ability to perceive, understand, correlate, learn, teach, reason and solve problems faster than existing AI solutions.