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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. The boxes Mythic wants to break customers out of are their big.

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

Xconomy

Palo Alto, CA-based Cloudera (NYSE: CLDR ) and Santa Clara, CA-based Hortonworks (NASDAQ: HDP ) said they expect the merger to close during the first quarter of 2019 if it passes an antitrust review. The goal of the combined entity is to provide a leading data platform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Acquisition. MYTH 2: Silicon Valley companies will always have the best shot at funding. Matthew has seen hundreds of startups pitch funding though OCTANe’s LaunchPad program. Amid criticism, Uber’s CEO fights back: ‘On bad days, I look at our revenue graph’ channels. Editor’s picks. Featured stories.

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Source13 Gathers the Biggest Names in Mobile

Tech Zulu Event

The company recently closed an impressive $19 million in Series B funding led by Sequoia Capital to build out the engineering teams. In her interview, Eisnor discusses the nature of user acquisition, and the growing connection between cars and mobile apps. It currently offers language provision for 54 languages.

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