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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

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How Doctors Think About Drug Prices

Xconomy

The three letters “PBM,” for example (pharmacy benefit manager), have never crossed my mind when I’m writing a prescription. Simplistic as this framework is, it goes a long way to describing how we should think about drug pricing. There are a lot of factors involved in drug pricing that don’t enter my head when I’m seeing a patient.

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Tech Giants’ Partnership To Explore Ethics, Societal Impacts of AI

Xconomy

Each company is investing untold billions of dollars in developing AI technologies, betting on a future defined by computer systems that can perceive, reason, advise, and decide. Microsoft, meanwhile, announced a new 5,000-person group Thursday dedicated to the development of AI technologies and products that use them.