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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.

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The Five Major Tech Trends of 2016

Xconomy

“Cognitive computing,” artificial intelligence, machine learning, and advanced data analytics are evolving companies’ understanding of their customers in game-changing ways. Companies want to be convinced that the cloud can improve their performance, optimize value, and protect their data.

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Microsoft Venture Fund Aims to Harness Early Stage Innovation

Xconomy

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes. That forms one end of the company’s spectrum of startup activities. Peggy Johnson.

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