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

TechCrunch LA

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

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From Alnylam to Zayner: Xconomy’s Top Innovation Stories of 2018

Xconomy

2018 was a year of ups and downs for the business and technology community. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. Storylines in various sectors helped shape the overall narrative in 2018. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Reali Finds $20M For Expansion To Southern California

socalTECH

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital.

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Boston A.I. Leaders Call for Focus on Diversity, Global Mindset in 2019

Xconomy

It was an eventful year for the artificial intelligence industry. The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. software startups to reflect on the trends that defined the sector in 2018—and where things might be headed in 2019.

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X·CON 2018: Photos From Three Innovation Days in November

Xconomy

View the Slideshow On November 4-6, Xconomy organized a meeting of the minds—an elite gathering of leaders in technology, business, healthcare, education, and energy—to discuss and demonstrate the key trends in their fields, heading into next year.

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The team behind Baidu’s first smart speaker is now using AI to make films

TechCrunch LA

Along with several of Raven’s core members, Lyu left Baidu in 2018 to start rct. Rct wants to take the experience to the next level by recruiting artificial intelligence for screenwriting. At the center of the project is the company’s proprietary engine, Morpheus. Investors are buying into rct’s offering.

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Cylance Picks Up $120M For Endpoint Security

socalTECH

Irvine-based Cylance , which develops endpoint security software, said on Tuesday that it has raised $120M more in a funding round, for its artificial intelligence-powered software. Cylance, led by Cylance CEO Stuart McClure, says it had over $130M in annual revenues for its fiscal year 2018, and saw 90% year-over-year growth.