tech:

taffy

Skyfoundry, Streetlight Data Win IBM Smartcamp Boston

[Techtaffy Newsdesk]

IBM has named SkyFoundry and StreetLight Data the winners of SmartCamp Boston, a global competition for startup companies. These startups are part of a growing group of entrepreneurs using business analytics and big data technology to drive innovation in a variety of industries including retail, transportation, buildings and energy.

IBM SmartCamps bring together innovative entrepreneurs with venture capitalists, academics and other industry leaders to provide coaching and critical industry support and advice. Winning companies receive mentoring, services, access to industry experts, and deeper partnership opportunities from IBM, VCs and industry partners.

Startup winners SkyFoundry and StreetLight Data will go on to the SmartCamp Global Finals where they will face-off with winners from SmartCamps in Europe, Asia and Latin America.

Upload: 06-25-12

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.