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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

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.

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Nervana Systems Acquired By Intel For $350M

socalTECH

San Diego-based Nervana Systems , a developer of artificial intelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana will continue to operate out of its headquarters in San Diego. READ MORE>>.

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IBM Watson Health Launches Imaging Effort for Cancer, Other Diseases

Xconomy

Watson Health is teaming up with 16 partners, which include imaging and diagnostics company Hologic; Sentara Healthcare; Sheridan Healthcare; UC San Diego Health; University of Miami Health System; and Merge Healthcare, which was acquired by IBM last year and is now part of Watson Health.

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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

Frank Vinluan reports from North Carolina on a new effort to boost agtech startups and university research. 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.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Acquisition. Just this year, Q2 investments in SoCal and New England were virtually the same, with $838 million and $843 million invested respectively, according to PricewaterhouseCoopers MoneyTree Report. The San Diego-based company is one of 53 California companies ranked on the Fortune 500, 22 of which are SoCal companies.

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VC Confidence Holds Steady in Quarterly Survey, But Reasons Change

Xconomy

That Q4 2016 edition of a quarterly survey by University of San Francisco business professor Mark Cannice rated the overall confidence of the VCs at 3.81 on a scale of 5—-a number that remains almost unchanged in the latest survey taken in March and published Thursday.