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MIT’s new chip could bring neural nets to battery-powered gadgets
MIT researchers have developed a chip designed to speed up the hard work of running neural networks, while also reducing the power consumed when doing so dramatically – by up to 95 percent, in fact. The basic concept involves simplifying the chip design so that shuttling of data between different processors on the same chip is taken out of the equation. The big advantage of this new… Read More
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Qualtrics waits on that IPO, raises $180 million at a $2.5 billion valuation instead
That Qualtrics IPO many have been expecting is on hold for now. The online market research platform has just raised its third round for $180 million at a whopping $2.5 billion valuation. The Provo, Utah-based company came from much humbler beginnings, bootstrapping the operation for a decade before finally taking financing from Sequoia and Accel in 2012. It has blown up since then,… Read More
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Is Qualtrics about to go public? A chat with founder Ryan Smith on the IPO question
Qualtrics, an online survey research platform, is listed as tops among likely candidates to go public this year. But is it really going to file and, if so, how close is it to doing that? I’m betting yes and very soon based on some interesting answers in a recent interview with founder Ryan Smith. Read More
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Lucid raises $60M as it plans to dominate market research
Lucid is announcing that it has raised a $60 million round led by North Bridge Growth Equity. It’s the company’s first outside funding since raising a relatively tiny $2.8 million back in 2011. Founder and CEO Patrick Comer said that in the years between, he deliberately wanted Lucid to “run really, really lean and pour every dollar into growth of product.” Now,… Read More
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Qualtrics adds former Google and Apple exec Kim Scott to the board to help pull in top Silicon Valley talent
Billion-dollar customer insight startup Qualtrics hopes to recruit top Silicon Valley talent to its home base in Utah as it continues to grow and part of that strategy involves adding professional tech coach Kim Scott to the board of directors. Qualtrics became one of a handful of new unicorns in the Beehive State last year and it continues to climb up and to the right. But it’s hard… Read More
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Fear, Loathing And Opportunity On Display As Ad Industry Eyeballs Spectre Of Mobile Ad Blocking
A fractious MWC16 panel on mobile ads brought several executives from the ad industry side plus ad behemoth Google face-to-face with what might be their worst nightmare: network-level mobile ad blocking… Utah’s Unicorns, How “Silicon Slopes” is Gaining Momentum
Four of these fabled creatures popped up along the Wasatch this last year, including Omniture founder Josh James’ business intelligence platform Domo. There’s also Pluralsight, Qualtrics and InsideSales – with several more “soonicorns” in the ready. Utah has seen the most economic growth in the nation for the past two years, with tech leading the charge. But many… Read More
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