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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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Movio wants to make your marketing videos with generative AI

TechCrunch LA

A proliferation of startups is now trying to devise applications for this new class of language model , where the machine is capable of creating new text, images and videos based on simple human input. Movio’s user base is currently in the lower hundreds of thousands, with paying customers nearing 1,000.

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5 Keys To The Startup Mindset Required For Breakthrus

Startup Professionals Musings

Investors are looking for breakthrough solutions to fund. Today there are a wealth of disruptive technologies available, including the Internet of Things (IoT), artificial intelligence (AI), advanced virtual reality (VR), and high-function robotics. Take a deeper dive into your idea before you declare.

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Interview with Bryan Biniak, Connected Travel

socalTECH

Two of the hottest sectors in the market today for investments and startups are in the area of machine learning/big data and advancements in automotive technology. We have built an application services platform for vehicles, and our first customer was actually USAA. We've done very well, and are funded 100 percent with revenues.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

.” This historical look at Uber and its self-driving tech unit, Uber ATG, should be considered alongside more recent news, including that it’s in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. Deal of the week.

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Source13 Gathers the Biggest Names in Mobile

Tech Zulu Event

The company recently closed an impressive $19 million in Series B funding led by Sequoia Capital to build out the engineering teams. Ruth Barnett, Swiftkey – a keyboard app that tackles the embarrassing auto-correct problem by using Artificial Intelligence (AI) to predict what you’re going to say next.

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