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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.

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Meet the Xconomy Awards San Diego Digital Trailblazer Finalists

Xconomy

San Diego’s prowess in computer science, medical devices, and life sciences makes it a natural hub of innovative digital health companies. This is part of a series of articles about the finalists for the Xconomy Awards San Diego. Here are brief profiles of the finalists.

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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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Esperanto Reaps $58M To Speed Development of Its 7nm AI Chip

Xconomy

Mountain View, CA-based Esperanto is vying with a host of competitors to create new processors for high-order tasks like machine learning and deep learning, while also minimizing power consumption. The field includes big semiconductor companies like Nvidia and tech giants like Google and Facebook, as well as other startups.

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

Xconomy

The Bristol, UK-based startup, founded in 2016, has now secured a total of more than $300 million in financing from venture capital firms and other investors including Microsoft and the corporate venture arms of BMW and Dell Technologies. One of the leading contenders in the A.I.

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East Coast Silicon Valley

Xconomy

Infrastructure designed with all the new technology and none of the limitations. “Our biggest problem is that we look at all this new technology being developed by startups, but integrating it with our, frankly, archaic systems is incredibly complex and costly.” Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Design 72
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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Venture capital. 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. Web Design Software. Cloud services.