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Price Check on Aisle 3: Retailers Turn to Robots to Manage Inventory

Xconomy

Bossa Nova, along with San Francisco-based Simbe Robotics, is among a group of tech companies that are using robotics and artificial intelligence. “If it isn’t on the shelf, the shopper can’t buy it,” Skaff adds. Read more » Reprints | Share:

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Brain Corp.’s First Product is a Brain for Floor-Scrubbing Machines

Xconomy

The startup moved off-campus in 2014, with $11 million in funding from Qualcomm Ventures. stands to gain valuable experience toward the development of autonomous, machine-learning systems and self-driving cars. emerged in the collective glow of the Obama Administration’s brain initiative. Like many startups, Brain Corp.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

A traveler pays Sun Country one fixed price to get them from the bus pick-up point to their final destination. The financing brings Postmates’ total funding to nearly $1 billion. Vianai raises $50M seed to transform machine learning. billion in a round led by the private equity firm GPI Capital this week.

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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

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Convoy Reloads With $185M For Its Freight Shipment Marketplace

Xconomy

Convoy , an online marketplace that connects shippers with freight truck fleets and independent drivers, announced today it raised $185 million in a Series C fundraising round led by CapitalG, the growth equity investment fund of Alphabet, Google’s parent company. regions, CEO Dan Lewis says.

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Freenome Snags $160M to Boost Blood Test for Early Cancer Detection

Xconomy

Freenome , one of the rivals racing to detect the earliest signs of cancer through blood tests, announced Wednesday it has raised $160 million in a Series B funding round. The money boosts Freenome’s fundraising total to $238 million.

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Bio Roundup: Trump’s Budget, Biogen’s AD Reveal, Hugin’s Run & More

Xconomy

There was talk of tackling high drug prices in the budget document, but nothing to give Medicare direct negotiating power with drug companies or allow importation of cheaper drugs from other countries—ideas Trump has embraced on occasion.

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