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IBM Watson AI XPRIZE Competition Opens Registration

socalTECH

The IBM Watson AI XPRIZE , the $5M competition being run by Los Angeles-based XPRIZE , has opened up registrations to teams, and has published guidelines for the artificial intelligence competition.

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IBM Backs New $5M AI XPRIZE

socalTECH

IBM and XPRIZE , the Culver City organization which runs major challenges to advance technology and help apply innovation to solving some of the world's biggest challenges, have announced a new IBM Watson AI PRIZE. The new prize will be awarded in 2020, and rules for the new competition will be announced in May. READ MORE>>.

IBM 100
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BitVore Finds $4.5M For Big Data Software

socalTECH

Irvine-based Bitvore , a startup developing big data and intelligence-gathering software which pulls information from both public and private data sources for businesses, said this morning that it has closed a $4.5M, Series A funding round. The funding was led by serial entreprenur Yuri Pikover, as well as $1M from crowdfunding. READ MORE>>.

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How The IBM PC Made Me Appreciate Entrepreneurs

Startup Professionals Musings

Way back in the early eighties, I was privileged to be part of the original IBM PC development team, led by Don Estridge. For example, even though we were leading an entrepreneurial effort within IBM, we found it a challenge to deal with the inbred mainframe culture, reverence for process, and accounting practices of a large company.

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

Xconomy

In some ways, the biggest software acquisition of all time could be a yawner. 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.

IBM 100
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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. million in team costs to code, launch, manage, market & sell our software. That little online book company.

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Organic Growth Startups Won’t Scale Competitively

Startup Professionals Musings

Bill Gates started producing software solutions, like his Basic Interpreter and MS DOS, but quickly focused on adding thousands of small partners for applications, and major partners like IBM, Intel, and other hardware manufacturers. An example of a startup which used non-organic growth early and effectively was Microsoft.