Business

Baidu is acquiring xPerception, a U.S. 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 …

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 …

Microsoft’s biannual transparency report was just released and, like many other major tech companies that have been putting out their reports recently, the company has revealed its first National Security Letter. The FBI uses NSLs to secretly obtain from tech companies investigative information about their customers. The letters do not …

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 …

Apple has hired a group of biomedical researchers to work on a secret project to monitor diabetic patients using sensors, according to a CNBC report. An estimated 371 million people have the disease worldwide and in the last few years, several tech companies have been trying to come up with better …

Food delivery startups have proven to be a hard business – focus is often on growth more than profits, with high burn rates, low returns and they can be logistics nightmares. But nevermind all that, a new, more niche prepared meal delivery service seems to be popping up — for …

We’re in town for a few days and we’re excited to meet all of you at the Pittsburgh Micro-Meetup tomorrow. In preparation for Disrupt New York and our upcoming TC Sessions series on robotics, John Biggs and I are in Pittsburgh to talk to some startups. We will meet at …

On Wednesday I had the unique pleasure of hanging out with a bunch of Macedonian startup founders and was very impressed. The Balkans have long been a promising spot for startups – the cost of living is low and the talent level is high – and this visit was unique …

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 …

At 26 years of age, Ramtin Naimi, has already made a small fortune as a hedge fund investor. Now, the founder of Abstract Ventures, an early-stage venture investment firm, is looking to rethink how early stage deals are done. Specifically, he’s hoping to combine an emphasis on community and philanthropy with …