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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. The boxes Mythic wants to break customers out of are their big.

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Graphcore Scores $200M to Scale Up A.I. Chip Production

Xconomy

Graphcore’s big haul is a notable milestone in the recent revival of investor interest in computer hardware, due to the demand for ever-greater processing capacity that can maximize the potential of. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri

Xconomy

Apple’s iPhone 7 is due out next month. Planes have evolved on the inside through the addition of features like all-glass cockpits and fly-by-wire software. But in essence, aircraft builders have concluded that there’s only one efficient design for an aluminum airframe riding on gas-turbine engines, and it’s the one we’ve got.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

The San Diego-based company is one of 53 California companies ranked on the Fortune 500, 22 of which are SoCal companies. Arguably the greatest research and development nexus in the United States rests in the area spanning San Diego to Los Angeles. Backup Software. Blog Software. CRM Software.