This was a busy week. Let’s get right to our review featuring a Microsoft acquisition in “machine literacy”; Amazon’s plans to hire 100,000 full-time U.S. workers by mid-2018; a green light for the UW’s new computer science building; transparency from Microsoft... Read more »
The Montreal-based startup Microsoft is acquiring aims to teach machines to read so they can get smarter on their own.
The acquisition of Maluuba, a five-year-old startup, adds a trove of deep learning researchers to Microsoft’s already world-class artificial intelligence research... Read more »
Houston—EnergyFunders started out as a website to connect smaller oil and gas operators to interested investors. Turns out, the need wasn’t only in the matchmaking but in playing therapist throughout the relationship of a drilling project.
“The project is a... Read more »
[Corrected, 1/14/16, see below] This past week, the biopharma industry made its annual January pilgrimage to San Francisco for the J.P. Morgan Healthcare Conference. 2016 was a whirlwind year in biotech, and the biopharma gods rewarded attendees with a... Read more »
Houston—Don’t call Neal Murthy an innovator.
Sure, he’s founded and sold companies in behavioral simulation software, energy consulting, and social ventures, and he is an avid investor and mentor to entrepreneurs. His interests range from biotech to artificial intelligence to... Read more »
[Editor’s note: Ben Fidler contributed to this report] The week of frenetic data sharing, deal talking, and party hopping of the J.P. Morgan Healthcare Conference—and the events that have mushroomed around it—took a punch to the gut just as... Read more »
One of Xconomy’s areas of focus in 2017 is the increasing impact of technologies such as artificial intelligence, robotics, and automation on human labor. Technology has always made some occupations obsolete, while changing others, and creating new ones. Today, and looking... Read more »
San Antonio—With $2 million in funding from the NIH, researchers at the University of Michigan are going to study the effectiveness of a San Antonio company’s robot that disinfects hospital rooms.
Xenex Disinfection Services sells robots that use pulses of... Read more »
Northwestern Mutual, the life insurance giant based in Milwaukee, said it has launched a $50 million fund that will be used to invest in startups over the next several years.
The fund, which the insurer is calling Northwestern Mutual Future Ventures... Read more »
Manufacturing problems have held back several drugs from FDA approval, and the latest example is a Tesaro drug developed to ease nausea and vomiting in cancer patients.
Tesaro (NASDAQ: TSRO) said Thursday that the FDA raised no concerns about the... Read more »
When Rich Mahoney was director of the robotics program at SRI International, one of his main projects was an advanced robotic warrior suit that SRI was working on with the Defense Advanced Research Projects Agency (DARPA), a U.S. military research institute... Read more »
GoFundMe, the Redwood City, CA-based fund-raising platform for charities and nonprofits, has acquired CrowdRise, a Detroit, MI-based rival founded by entrepreneurs Robert Wolfe and Jeffrey Wolfe, and Hollywood philanthropists Edward Norton and Shauna Robertson.
Financial terms were not disclosed in... Read more »
Farming has always been a data-intensive business but digital approaches to record keeping are starting to take root with more farmers. Agtech startup FarmLogs aims to capitalize on the trend, and it now has $22 million in additional financing to support... Read more »