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Overall VC Fundraising Drops 33%, But AI Investment Surges

Tech.Co

AI investments were responsible for a full 64% of all deal value going into US startups across the first half of the year, a new PitchBook report finds. increase for the sector during that period, putting 2025 in line to be the second highest year ever for US startup deals. It’s part of a huge 75.6% This just in!

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Nervana Raises $600K For Artificial Intelligence Hardware

socalTECH

San Diego-based Nervana Systems , a startup developing hardware specifically aimed at artificial intelligence software, has raised $600,000 in a funding round. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". Aditya Agrawal, Ruchi Sanghvi, and SV Angels.

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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

Other Disney startups such as Atom Ticket , a new movie ticketing app, partnered with the next Star Wars movie and will continue to work with Walt Disney Studios on major film releases. This corporate partnership has proven well for these startups in helping them launch their products and services into another galaxy.

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How to Use Generative AI and LLMs to Improve Search

TechEmpower

Artificial Intelligence (AI), and particularly Large Language Models (LLMs), have significantly transformed the search engine as we’ve known it. With Generative AI and LLMs, new avenues for improving operational efficiency and user satisfaction are emerging every day.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine. With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation.

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Lantern Credit Buys Machine Learning Technology

socalTECH

Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machine learning. Lantern Credit said Korns previously has served at such companies as IBM, Tymshare Transaction Services, Xerox Imaging and Investment Science.

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Qualcomm Sets Up New, $100M AI Investment Fund

socalTECH

San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. READ MORE>>.