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Los Angeles-based ‘deep tech’ investment firm Riot Ventures is raising a $75M fund

TechCrunch LA

Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Oculus, Snap, Tinder and others.

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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. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million.

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Fears About Artificial Intelligence are Masking the Benefits

Tech Zulu Event

Below are three main fears regarding artificial intelligences as well as four benefits AI offers that are ignored in the process. Many fear that these brilliant machines will malfunction and wreak havoc. The post Fears About Artificial Intelligence are Masking the Benefits appeared first on TechZulu.

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9 Innovative Startups To Watch For in 2024

Tech.Co

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. However, its unique-for-the-industry monthly subscription model has helped it maintain healthy profits from its loyal customer base in 2023.

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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. With a formalized venture fund, Microsoft now has a seat at the table.

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The team behind Baidu’s first smart speaker is now using AI to make films

TechCrunch LA

Let AI write the script. Rct wants to take the experience to the next level by recruiting artificial intelligence for screenwriting. The startup is about to close its Series A funding round just months after banking seed money from Y Combinator and Chinese venture capital firm Skysaga , the startup told TechCrunch.

Startup 235
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Female Entrepreneurs, AI and Investing: A Chat With Meredith Finn, March Capital

socalTECH

We spoke with Meredith Finn a new Partner at March Capital--who headed up that the Rise of the Female Entrepreneur sessions this year--to hear more about her perspectives on investments, what the Rise of the Female Entrepeneur was all about, March's interests in artificial intelligence and more. What's your role at March Capital?

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