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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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From Alnylam to Zayner: Xconomy’s Top Innovation Stories of 2018

Xconomy

Artificial intelligence and cybersecurity remained front and center in tech, as new. Storylines in various sectors helped shape the overall narrative in 2018. Cell and gene therapies, cancer immunotherapy, and digital medicines made substantial progress in healthcare. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Living on the Edge: Amazon, AT&T, Packet Pursue “Cloudlet” Computing

Xconomy

The word “cloud”—as in cloud computing, and cloud storage—has served as a handy shorthand term, but it has always been inherently vague and a little misleading.

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AlwaysAI Adds $4M to Bring Deep Learning to Embedded ‘Edge’ Devices

Xconomy

Using algorithms to analyze those images on the devices, in turn, generally takes loads of computing power and energy—sometimes more than is feasible. Many of our devices, from wearables to medical instruments to drones, can capture reams of images.

Software 108
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Microsoft Venture Fund Aims to Harness Early Stage Innovation

Xconomy

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives.

Funding 62