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Saxena: More Than a Tool, A.I. Must Be Used With Society in Mind

Xconomy

[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. As chairman of Austin, TX-based A.I.

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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

Mythic , which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank.

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Startups Peddle Innovative Tools to Fight Tech’s #MeToo Problem

Xconomy

Now, some founders are seeking to use tech tools such as chatbots, artificial intelligence, analytics, and mobile to help clients remedy those deficiencies. As the last year has shown, the tech industry has a significant problem with sexual harassment and ensuring that women are treated equitably in the workplace.

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Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Xconomy

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. All this is done while they guide startups through other external challenges such as fundraising droughts and overall market downturns.

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Nvidia Joins $20M Deal in Chinese Self-Driving Startup TuSimple

Xconomy

Nvidia (NASDAQ: NVDA ), the Santa Clara, CA-based maker of specialized graphics processing chips that have become workhorses in artificial intelligence, has joined a group of investors that put $20 million into TuSimple, a Chinese startup developing self-driving technology for long-haul trucks.

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The Power Combo of A.I. Devices with Cloudlets Comes with Cyber Risks

Xconomy

First, entrepreneurs vying to invent self-driving vehicles, virtual assistants, and intelligent industrial machines created a hunger for more powerful semiconductors that could enable scattered devices to take over sophisticated calculations powered by artificial intelligence software.

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SoftBank-led $114M Round Puts Qualcomm’s Brain Corp. on New Path

Xconomy

SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. Qualcomm Ventures, which previously invested about $11 million in Brain Corp., San Diego’s Brain Corp., was the only other investor in the Series C funding round.