Xconomy

NOVEMBER 6, 2019

AstraZeneca says it will establish centers for drug research and artificial intelligence development in China. The pharmaceutical giant has also set up a $1 billion fund to foster biotech innovation in that country.

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socalTECH

JUNE 1, 2012

My cofounder, Steven Elliott, was CTO of a company doing artificial intelligence and automated chat technology. Can you talk about how your company is funded? Michael Wong: We're with StartEngine, and have received a small amount of seed funding from them. We're also funding it out of pocket.

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Xconomy

MAY 15, 2019

They’re startups that are developing products in a wide range of sectors, including life sciences, agriculture, and artificial intelligence. Many of the founders are women: 56 percent, according to MassChallenge , which is funded by a wide variety of private and public groups.

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Xconomy

MAY 9, 2018

Intel Capital wasn’t ready to disclose exactly how many startups it has funded, but it highlighted a dozen tech companies that got almost two-thirds of the total ($72 million) with innovations in semiconductors, artificial intelligence, and the Internet of Things (IoT).

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Xconomy

DECEMBER 27, 2018

Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. Artificial intelligence and cybersecurity remained front and center in tech, as new. 2018 was a year of ups and downs for the business and technology community. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Xconomy

MAY 29, 2018

The Internet of Things, artificial intelligence, and related technologies are being used to connect ovens, refrigerators, and other kitchen appliances to the Web. When it comes to connected homes, the hottest spot is located in your kitchen. Feeling unsure about cooking that fish dish?

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Xconomy

MARCH 4, 2019

That’s why startups are turning to new technologies like 3D scanning and machine learning software to produce customized clothing that can be made for the masses. One size fits most (at best), and a women’s sizing system created during the Depression doesn’t gibe in an e-commerce business that prizes personalization.

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Xconomy

MAY 30, 2018

The debut Wednesday of Dynam.AI, a San Diego startup offering its expertise in artificial intelligence, also marks a shift that has been underway for the past year or so at Analytics Ventures, a local fund that invests in tech deals.

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Xconomy

JANUARY 11, 2019

Yet, new startups—aided with tech tools like artificial intelligence, chatbots, and the like—are trying to reinvent how to connect shoppers with the goods they want to buy.

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Xconomy

JULY 19, 2017

SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. was the only other investor in the Series C funding round. SoftBank’s share of the funding (the split was not disclosed) came from what has been described as the biggest tech fund in history.

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Xconomy

MARCH 20, 2018

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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Xconomy

MAY 31, 2016

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. With a formalized venture fund, Microsoft now has a seat at the table. Microsoft did not outline a specific pace of investments to be made from the fund, or its size.

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Xconomy

OCTOBER 25, 2018

The current land rush in chip development, spurred as new technologies such as artificial intelligence create new needs, is pitting established semiconductor companies like Intel and Nvidia against tech titans like Facebook that are building their own chips. A wave of next-generation chip companies has also entered the fray.

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Xconomy

JUNE 4, 2018

Bossa Nova, along with San Francisco-based Simbe Robotics, is among a group of tech companies that are using robotics and artificial intelligence. “If it isn’t on the shelf, the shopper can’t buy it,” Skaff adds. Read more » Reprints | Share:

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Xconomy

JUNE 22, 2017

He warned the multi-generational audience that artificial intelligence is going to wipe out a huge swath of the kind of high-paying, white-collar jobs that Baby Boomers once strived for—jobs like business executives and radiologists.

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Xconomy

APRIL 4, 2018

But it turns out VCs weren’t the only driving force behind the change in fundraising prospects for the young companies now inventing chips suited for artificial intelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC ) and Nvidia (NASDAQ: NVDA ), says Silicon Valley Bank ’s Matt Trotter.

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Xconomy

AUGUST 20, 2017

Nvidia (NASDAQ: NVDA ), the Santa Clara, CA-based maker of specialized graphics processing chips that have become workhorses in artificial intelligence, has joined a group of investors that put $20 million into TuSimple, a Chinese startup developing self-driving technology for long-haul trucks.

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TechCrunch LA

SEPTEMBER 21, 2019

The financing brings Postmates’ total funding to nearly $1 billion. Vianai raises $50M seed to transform machine learning. Postmates, the popular food delivery service, raised another $225 million at a valuation of $2.4 billion in a round led by the private equity firm GPI Capital this week.

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Xconomy

OCTOBER 3, 2016

The funding is intended to generate new leads for treating neglected diseases, including tuberculosis, malaria, and cryptosporidium, according to Sirenas co-founder and CEO Eduardo Esquenazi. The company now has 19 full-time employees, Esquenazi said. Reprints | Share: UNDERWRITERS AND PARTNERS.

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Xconomy

FEBRUARY 6, 2018

As Andreessen Horowitz begins to invest the $450 million the bellwether venture firm recently raised for its second bio fund , general partner Vijay Pande has been talking increasingly about the use of artificial intelligence in the life sciences.

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Xconomy

OCTOBER 10, 2017

The San Diego artificial intelligence company Brain Corp. raised $114 million in a Series C funding round led by Softbank’s new $100 billion Vision Fund. raised $114 million in a Series C funding round led by Softbank’s new $100 billion Vision Fund. As Xconomy reported in July, Brain Corp.

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Tech Zulu Event

FEBRUARY 21, 2014

For those just tuning in, The Immunity Project is a nonprofit initiative using a unique combination of crowdfunding and venture capital, along with a novel machine learning approach in devising an HIV vaccine. Applied machine learning techniques developed by Microsoft. “ Let’s Talk Funding.

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Xconomy

JANUARY 3, 2018

Responses from individuals in Seattle and San Diego touch on the rapid advance of machine learning, tech’s full-scale invasion of digital health, dramatic growth in blockchain and cryptocurrency, an outpouring of private support for computer science at University of Washington (perennially a top recipient of federal research funding), and the spreading (..)

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Xconomy

OCTOBER 6, 2016

The startup moved off-campus in 2014, with $11 million in funding from Qualcomm Ventures. stands to gain valuable experience toward the development of autonomous, machine-learning systems and self-driving cars. emerged in the collective glow of the Obama Administration’s brain initiative. Like many startups, Brain Corp.

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Xconomy

AUGUST 9, 2018

Artificial intelligence is poised to infiltrate nearly all aspects of human life. Given this development, technologists are focusing on how to ensure the technology usage is governed by ethics. The general rule is that power begets responsibility,” says Michael Stewart, founder and CEO of Lucid AI , an AI startup in Austin. “If

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Xconomy

MAY 31, 2017

Challenging work, ongoing training, an opportunity to advance without having to become a manager, and a talented peer group all help companies recruit and retain these sought-after “ninjas”—the individuals who can do what artificial intelligence security tools can’t.

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Xconomy

JANUARY 8, 2019

First, entrepreneurs vying to invent self-driving vehicles, virtual assistants, and intelligent industrial machines created a hunger for more powerful semiconductors that could enable scattered devices to take over sophisticated calculations powered by artificial intelligence software.

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Xconomy

OCTOBER 2, 2019

Cerence is a spinout from pioneering speech recognition company Nuance Communications (NASDAQ: NUAN ), and it will carry on the work of Nuance’s former automotive division —a longtime player in the hotly competitive drive to equip vehicles to take full advantage of voice interactivity, artificial intelligence, and mobile Internet connections.

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Xconomy

OCTOBER 17, 2019

The biotech has just raised $56 million in Series B funding to bankroll its mission to use AI and machine learning to create affordable rare disease treatments. Atomico, a European venture capital firm, has helped persuade Cambridge, UK-based Healx to return to the capital market a year earlier than anticipated.

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Xconomy

MARCH 13, 2018

In the Boston office of GE Ventures, managing director Alex de Winter is overseeing investments in companies like Veracyte, which is applying machine learning to genomic sequencing technology to help doctors distinguish benign growths from cancer.

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Xconomy

NOVEMBER 5, 2018

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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Southern California Edison Blog

JUNE 26, 2019

For K-12 school districts to keep up with technology and enable a fully modern, effective environment, they need to augment the fundamentals with key technology advancements and essentials including Artificial Intelligence, updated communication tools, and high-speed networks tailored for educational institutions.

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Xconomy

MARCH 25, 2019

CyberX, an industrial “Internet-of-things” security startup, has raised $18 million in a funding round led by the venture arm of chip-maker Qualcomm (NASDAQ: QCOM ) and Inven Capital, a cleantech and new energy fund based in Prague, the Czech Republic. The funds from Qualcomm Ventures and Inven.

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Xconomy

OCTOBER 16, 2016

In contrast, San Francisco-based RichRelevance, founded in 2006, has raised nearly $102 million from 11 investors through nine funding rounds, according to CrunchBase. When you get all that data and analyze it, you get interesting insights,” Sheik said.

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Xconomy

OCTOBER 9, 2019

Five years ago, the big tech incubator Y Combinator started to welcome life sciences companies into its sizable startup classes, which had previously nurtured entrepreneurs in information technology almost exclusively. That opening to biotech startups in 2014 was controversial at the time.

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Xconomy

JULY 2, 2018

Automation Anywhere , which supplies customers with armies of software robots to take over manual tasks such as insurance claims processing, announced today it raised $250 million in a first funding round that set its post-money valuation at $1.8

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Xconomy

SEPTEMBER 18, 2018

New York-based UiPath is the latest such company to score a haul, announcing Tuesday it raised $225 million in a Series C funding round co-led by earlier investor CapitalG —the growth equity investment fund of Google parent company Alphabet—and Sequoia Capital, a new investor.

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