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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. in funding from Trinity Ventures back in March of 2015. The company was reportedly acquired for around $20M. Harvest.ai

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while investment in this space more than doubled in both cities over the past five years. times) since 2015, compared to 3.1 times) from 2015 to 2020. billion into U.S.

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Hulu Acquires Vhoto

socalTECH

Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. The deal apparently occurred sometime in late 2015. Financial details of the deal were not announced.

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Taiwanese reassurances that water shortages won’t hit chipmaking show climate change’s direct threat to tech

TechCrunch LA

As reported by Bloomberg, Taiwanese president Tsai Ing-wen took to Facebook on Sunday to post about the nation’s capacity to provide water to its citizens and businesses in the face of the worst drought the nation has faced in 56 years. Intel alone used 9 billion gallons of water in 2015). ”

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The Five Major Tech Trends of 2016

Xconomy

“Cognitive computing,” artificial intelligence, machine learning, and advanced data analytics are evolving companies’ understanding of their customers in game-changing ways. To augment and overcome physical distance, we are starting to use drones, virtual reality, and driverless cars.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

. —Intel (NASDAQ: INTC ) paid over $400 million in August to acquire Nervana Systems , the two-year-old San Diego startup offering its machine learning technology as a cloud-based service. Generally speaking, the companies selected this time are at an earlier stage than last year’s list.

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How Digsy Is Using Data, And Deals, To Drive Real Estate Sales

socalTECH

However, starting in 2015, we found that creating this was really hard. But, what they could do, is if they provided a report on their progress, a weekly report or every other week, they would accumulate deal credit, which would enable them to get another deal. That was a way for us to get compliance, by gamifying the process.

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