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With Qualcomm Buyout Looming, EvoNexus Aims for Self-Sufficiency

Xconomy

In the nine years since San Diego’s EvoNexus incubator began amid the great recession of 2009, CEO Rory Moore has emphasized it is a pro bono program—startup teams admitted to the technology accelerator get free office space and other perks, with no strings attached.

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

Xconomy

San Diego’s Brain Corp., founded in 2009 as a Qualcomm-incubated startup to develop software and computer systems that emulate the human brain, seems to have found a new path forward. SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology.