Startups
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A cute, robotic language tutor called Musio, has made it from crowdfunding campaign to full-fledged product with a debut in stores this week in Japan. Priced at JPY 98,000 (about US $900), Musio is now sold online through SoftBank’s marketplace and Amazon Japan, and through a handful of brick-and-mortars stores. Read More
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As writers resort to attention-getting headlines to maintain readership it’s clear that the educated, mobile, and bored reader is now turning into a listener. While written news continues to flood us from every conceivable angle there is one small, quiet voice still speaking to us from our earbuds: the podcaster speaking truth to power, bullshitting about movies, or spinning long… 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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Nearly a thousand miles away from Silicon Valley and just west of Utah’s Great Salt Lake, in practically the middle of nowhere, is the tranquil cow town of Grantsville, population 9,617. It is there, in a warehouse the size of a combined eight Walmarts, you’ll find Purple, a direct-to-consumer mattress startup, hard at work prepping hundreds of thousands of pillows, powerbases and… 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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It looks like we can add another to the string of IPOs that at least look like they’ve been successful — with Yext, too, popping more than 20% once its shares made their debut this morning. Shares of Yext went as high as $14 or so after the company gave its final pricing at $11 last night — meaning it raised at least $115.5 million in its IPO. Following Okta, and before… Read More
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Yext today said it would price its initial public offering at $11, meaning the company will raise around $115.5 million in its IPO as it sets up for a debut tomorrow. Yext will be the second enterprise company in the past week alone that will make its public debut tomorrow following this pricing. With Snap’s IPO seen as successful, as well as tech IPOs in general looking good so far,… Read More
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