business
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The desire to create is a hard one to kill. I’ve had it all my life, from the comic books and music I made with my grade school friend Rick to the books I wrote and tried to write to the projects I built over the years. Now it’s become easier and, in a way, harder, to make something meaningful online, so after shutting down one startup last year, I’ve decided to work on… Read More
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Chinese tech conglomerate Tencent will be opening a new AI research center in Seattle, according to The Information. The company has long had a core office in Palo Alto, but this will be its first major machine intelligence R&D effort in the country. Earlier this week Tencent announced that it would open its first data center in Silicon Valley. Read More
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Baidu is acquiring xPerception, a US startup specialized in computer vision, according to Reuters. Details are sparse, but we know the startup has its own module for object recognition and depth perception that can be deployed on robots and drones. The Chinese tech giant has been active in machine intelligence M&A this year. Back in February it acquired Raven Tech, a Chinese startup… Read More
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Major tech trends tend to draw lots of “dumb money” from investors, and machine intelligence is no exception. Some will lose money on insignificant acqui-hires while others may survive long enough to see their investments die at the hands of open source. But for a smaller list of VCs, machine intelligence presents one of the greatest opportunities for return on investment in the… Read More
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The timing was perfect. Just as startups were settling into NYU and ffVC’s new brains-meet-money accelerator, “AI Nexus Lab,” Uber acquired Geometric Intelligence. In a stroke of luck, the startup that would become Uber’s AI lab happened to have been raised by NYU Tandon’s Data Future Labs. Uber’s interest in Geometric helped solidify New… Read More
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Former 500 Startups accelerator company Pluto AI is announcing $2.1 million in fundraising today from Fall Line Capital, Refactor Capital, Unshackled Ventures, Comet Labs and additional angels. Pluto is taking advantage of the sensorification of modern water treatment plants to extrapolate insights that can save operators precious time, money and water. Read More
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In preparation for Disrupt New York and our upcoming TC Sessions series on Robotics Matt Burns and I will be heading to Pittsburgh to talk to some startups. We have some good news! We’ve found a space. We will meet at the Shop on April 11 at 7pm, a new place near bakery square. Please RSVP ASAP. We also need lots and lots of startups, preferably in hardware. Startups will have two minutes… Read More
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The number of things that can be done from the comfort of one’s own bed has increased in recent years — shopping, banking and now geospatial analytics. Ok, it doesn’t sound sexy but it might give you a leg up the next time your friend starts an arcane argument with you over whose neighborhood historically has more vehicles on the road. With SpaceKnow’s online… Read More
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