article thumbnail

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.

article thumbnail

Intel Combines Global AI Work Under Former Nervana Systems CEO

Xconomy

Roughly seven months after Intel (NASDAQ: INTC ) acquired San Diego-based Nervana Systems, the chipmaker is consolidating its portfolio of artificial intelligence businesses in one group, headed by former Nervana CEO Naveen Rao. Rao plans to remain in San Diego, according to a spokeswoman for Intel Nervana.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes.

Funding 62
article thumbnail

Quantum Computing 101: Brilliant, Google, Microsoft Training Workers

Xconomy

But tech companies are already writing the novel kinds of software these revolutionary computers will need in order to operate—and businesses are even helping to train the workforce for a future era of “quantum speed-up.’’ It’ll be some years before such uber-computers are robust and reliable enough for broad commercial use.

Training 106
article thumbnail

Tech Giants’ Partnership To Explore Ethics, Societal Impacts of AI

Xconomy

With public interest in artificial intelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities.

article thumbnail

Turning the Camera on Chris Dixon

Both Sides of the Table

Chris Dixon is one of my favorite people in tech and writes one of the few blogs I read religiously. If you like the quick summary notes, please check out Adam’s blog on tech, entrepreneurship & VC as a thank you. If you don’t read it and you care about tech & entrepreneurship, you should.

article thumbnail

Gil Elbaz On Factual's New Warchest

socalTECH

That data can also be via web crawls, where we are applying natural language, machine learning, and other techniques to extract or validate facts from web pages. Gil Elbaz: A few weeks ago, we did a blog post about companies using our local data, including Facebook Places. In the case of the U.S.,