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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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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.

Startup 206
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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. A fear is that AI will one day gain the intelligence to rebel. It’ll lose control.

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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. Or Apple, which designs its own devices to carry out superior software experience,” explained Ma. At the center of the project is the company’s proprietary engine, Morpheus.

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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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Tech Giants’ Partnership To Explore Ethics, Societal Impacts of AI

Xconomy

With public interest in artificial intelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities.

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

TechCrunch LA

Harris writes: “The figures, dating back to 2016, paint a picture of a company desperate to meet over-ambitious autonomy targets and one that is willing to spend freely, even recklessly, to get there. .” After five days in Austin for SXSW, I headed to Los Angeles, actually Hawthorne, for Tesla’s Model Y unveiling.