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SoftBank-led $114M Round Puts Qualcomm’s Brain Corp. on New Path

Xconomy

founded in 2009 as a Qualcomm-incubated startup to develop software and computer systems that emulate the human brain, seems to have found a new path forward. SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. San Diego’s Brain Corp.,

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Walmart’s Store No 8 Acquires Aspectiva to Bring A.I. to Shopping

Xconomy

Walmart’s Store No 8 innovation arm has acquired an Israeli machine learning startup , the retail giant announced Wednesday. Aspectiva joined the two-year-old Store No 8 Monday, and its employees will remain in Tel Aviv.

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Five Years After Y Combinator First Admits Biotechs, They’re Dug In

Xconomy

Five years ago, the big tech incubator Y Combinator started to welcome life sciences companies into its sizable startup classes, which had previously nurtured entrepreneurs in information technology almost exclusively. That opening to biotech startups in 2014 was controversial at the time.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

. —Intel (NASDAQ: INTC ) paid over $400 million in August to acquire Nervana Systems , the two-year-old San Diego startup offering its machine learning technology as a cloud-based service. I am grateful to Mike Krenn, the venture group’s president, for his help on this project. I widened my net this year.

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Water Metering Startup Wins Vote for “Best Demo” at EvoNexus Event

Xconomy

Water Pigeon co-founder Sarp Sekeroglu got the most votes in a survey conducted immediately after six startups incubating at EvoNexus gave short presentations. EvoNexus operates as a free incubator (with “no strings attached”) for tech startups at three facilities in San Diego and Orange County. was founded as Catalyst eClinical.).

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Crowdfunding an HIV Vaccine: Dr. Rubsamen of Immunity Project

Tech Zulu Event

It’s been a short, but action packed few months since we were introduced to The Immunity Project ‘s goal to “develop a free vaccine for HIV/AIDS” The organization’s aptly named Twitter handle is @hackHIV and they’re the second nonprofit organization ever to be backed by Bay Area Incubator, Y-Combinator (YC).

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Bio Roundup: ASCO Opens, Merck Takes On COVID, Evofem?s Approval & More

Xconomy

A year ago about 40,000 people gathered in Chicago for the annual meeting of the American Society of Clinical Oncology. Today a virtual version of the ASCO conference, the cancer field’s largest, kicks off, with oncologists and others tuning in from throughout the country and around the world to check out the latest in cancer research.