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On the day after Intel announced its acquisition of San Diego machinelearning 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.
It was an eventful year for the artificialintelligence industry. The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. Meanwhile, A.I. developers continued to grapple with issues around transparency, trust, and ethics.
It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Artificialintelligence and cybersecurity remained front and center in tech, as new. 2018 was a year of ups and downs for the business and technology community. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Mythic , which last year unveiled its novel computer chip designed for artificialintelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank.
But it turns out VCs weren’t the only driving force behind the change in fundraising prospects for the young companies now inventing chips suited for artificialintelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC ) and Nvidia (NASDAQ: NVDA ), says Silicon Valley Bank ’s Matt Trotter.
The name of the fund—which will back startups focused on cloud computing, machinelearning, and security, with an emphasis on technology that complements Microsoft’s own products and services—is Microsoft Ventures. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes.
She’s referring to how much Watson Health has spent on growth , including acquisitions like Merge and Truven Health Analytics. LeGrand calls the approach “augmented intelligence,” as opposed to artificialintelligence. The first commercial product to come out of the effort is likely to hit in 2017.
Software AG, a German software giant with 4,300 employees, has acquired San Diego-based Zementis, a specialist in machinelearning and data science. Financial terms of the deal were not disclosed, according to a statement Friday, after the acquisition closed last week.
billion acquisition offer. But like Dustin Hoffman in “The Graduate,” the big enterprise software company Workday lured Adaptive Insights away from the IPO altar with a more attractive deal—a $1.55 Pleasanton, CA-based Workday (NASDAQ: WDAY ) wanted to marry Adaptive’s financial decision-making applications with its own suite of.
The Chicago-based tech company, which has long sold narrow-band radios to law enforcement, has been building its arsenal of software and camera technologies through a series of acquisitions.
Salesforce added another digital commerce giant earlier this year with the acquisition of Burlington, MA-based Demandware in a deal valued at roughly $2.8 It also is a burgeoning sector. When you get all that data and analyze it, you get interesting insights,” Sheik said.
based Arm unveiled the IoT management hub in August, as it also announced its related acquisition of Mountain View, CA-based data management company Treasure Data. Cambridge, U.K.-based Read more » Reprints | Share:
Eslambolchi, who had served as a LonoCloud advisor and CEO, told Caldwell he had an idea for a cybersecurity startup that would use analytic software and machinelearning technology to monitor the data flowing in and out of networks for anything that looks out of the ordinary. San Diego represents a major growth area for Webroot.
Cloudera and Hortonworks, two large, publicly traded companies that compete to offer Web-based data storage and analytics, announced plans today to merge into a combined entity they value at $5.2
View the Slideshow Whether you think self-driving cars are the stuff of science fiction or a potentially paradigm-shifting new form of transportation, autonomous vehicles are coming—and the companies developing them are spending big money to make it happen.
The company also sells gadgets, such as mobile devices with large screens and big buttons, wearables that can work with those devices, and emergency alert products. Best Buy is paying $800 million in cash for GreatCall, a San Diego-based healthtech company which private equity firm GTCR bought early last year.
It’s been a long time since tech’s biggest companies could be sorted into discrete buckets according to the products they pioneered—-Google, the search software giant; Apple, the computer and mobile device innovator; e-commerce leader Amazon; business software stalwart Microsoft; and social media engine Facebook.
With public interest in artificialintelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities.
Jeff Engel maps out New England’s cluster of cybersecurity companies—one of the region’s strengths (and a rich source of acquisition targets). San Antonio Entrepreneur Center Opens Using Dallas Nonprofit as Model. Austin’s Lucid Aims to Make ArtificialIntelligence More Human.
In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.
Acquisition. blog comments powered by Disqus. Amid criticism, Uber’s CEO fights back: ‘On bad days, I look at our revenue graph’ channels. Editor’s picks. Featured stories. Cloud services. Cloud storage. Enterprise. Venture capital. Developers. Entrepreneur. Entrepreneurs. Infographics. Management. most popular.
Another week of White House chaos and American gun violence. Amid it all, we tried to parse what the Trump administration’s 2019 budget proposal meant for the biomedical and life-science worlds.
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