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Dell Technologies Goes Public About $100M Venture Capital Arm

Xconomy

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015.

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Cloud Leaders Shrug at IBM’s $34B Red Hat Deal

Xconomy

IBM’s planned $34 billion deal to acquire open-source software maker Red Hat is a hefty price to pay to give its cloud computing business a shot in the arm. In some ways, the biggest software acquisition of all time could be a yawner.

IBM 100
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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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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. The company’s startup accelerator program —henceforth to be known as Microsoft Accelerator—will continue hosting startups.

Funding 62
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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

Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. 2018 was a year of ups and downs for the business and technology community. It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies.

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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