Xconomy

AUGUST 10, 2016

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. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million.

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Xconomy

DECEMBER 27, 2018

It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. Artificial intelligence and cybersecurity remained front and center in tech, as new.

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Xconomy

MAY 31, 2016

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes. With a formalized venture fund, Microsoft now has a seat at the table.

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Xconomy

MARCH 20, 2018

Mythic , which last year unveiled its novel computer chip designed for artificial intelligence, 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.

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Xconomy

APRIL 4, 2018

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 artificial intelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC ) and Nvidia (NASDAQ: NVDA ), says Silicon Valley Bank ’s Matt Trotter.

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Xconomy

SEPTEMBER 29, 2016

With public interest in artificial intelligence 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.

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Xconomy

OCTOBER 16, 2016

In contrast, San Francisco-based RichRelevance, founded in 2006, has raised nearly $102 million from 11 investors through nine funding rounds, according to CrunchBase. 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

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