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Solekai Systems Merges With Fairway Technologies

socalTECH

Fairway had focused on custom software development, business technology integration, and said its expertise has been in such areas as mobile computing, cloud computing, data analytics, AI and machine learning, and open source. Solekai's customer base is in the digital media, smart grid, and IoT areas.

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

Xconomy

It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Artificial intelligence 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.

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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

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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Microsoft Venture Fund Aims to Harness Early Stage Innovation

Xconomy

The name of the fund—which will back startups focused on cloud computing, machine learning, and security, with an emphasis on technology that complements Microsoft’s own products and services—is Microsoft Ventures. That forms one end of the company’s spectrum of startup activities. Peggy Johnson.

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Cloudera, Hortonworks Plan To Merge As $5.2B Cloud Data Platform

Xconomy

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