China’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on round

SenseTime, the world’s highest-valued AI company with a valuation of over $4.5 billion, is back in the money again. The company raised $600 million in an Alibaba-led financing round announced last month, and now it has added a further $620 million to that with a “Series C+” round announced today. Alibaba led the previous deal, […]

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These schools graduate the most funded startup CEOs

Joanna Glasner Contributor More posts by this contributor The formula behind San Francisco’s startup success US early-stage investment share shrinks as China surges There is no degree required to be a CEO of a venture-backed company. But it likely helps to graduate from Harvard, Stanford or one of about a dozen other prominent universities that […]

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Yobe launches with $1.8 M seed to pinpoint a voice in noise

There are times where voice-driven systems don’t work all that well because of background noise or other voices. That’s because it’s hard for machines (and humans) to pull out a particular voice when there are many others speaking. This is sometimes called ‘the cocktail party problem.’ Yobe was created out of research at MIT on […]

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With MIT launched, Learning Machine raises seed to replace paper with blockchain credentials

Transcripts, diplomas, resumes — simple documents with enormously important economic consequences for their holders. The right classes or GPA on a transcript can radically change the career prospects of a young graduate, and yet, the infrastructure that manages these critical documents still centers on mailing official paper to processing centers. Now, a startup called Learning […]

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These 8 books are required reading for anyone who wants to change the world with tech

“Changing the world,” the rallying cry of the technology industry, sounds like a concept bursting with optimism. But in reality, it’s complicated.
SEE ALSO: Apple CEO embraces moral leadership of Silicon Valley
Take Facebook. Mark Zuckerberg’s creati…

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The 2017 TechCrunch Include Progress Report

This is the second annual TechCrunch Include Progress Report. Covering diversity and inclusion in the tech industry cannot be done in a vacuum. As aspects of identity are intersectional, so too should be the way in which media approaches its coverage of the tech industry. With each passing year, companies big and small release diversity […]

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Four MIT students have launched DeepBench to democratize access to expert networks

New European financial regulations requiring fund managers at investment firms to pay banks for research and trading services separately could open the door for new entrants in the professional advisory services marketplace.

The rules, which were approved in 2014, but only took effect in January, are proving to be a boon for four MIT students who launched a company last year to try and grab some of the market.

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ReviveMed turns drug discovery into a big data problem and raises $1.5M to solve it

What if there’s a drug that already exists that could treat a disease with no known therapies, but we just haven’t made the connection? Finding that connection by exhaustively analyzing complex biomechanics within the body — with the help of machine learning, naturally — is the goal of ReviveMed, a new biotech startup out of MIT that just raised $1.5 million in seed funding.

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’90s kids rejoice! Microsoft releases the original Windows 3.0 File Manager source code

Microsoft has released the source code for the original, 1990s-era File Manager that is so familiar to all of us who were dragging and dropping on Windows 3.0. The code, which is available on Github under the MIT OSS license, will compile under Windows 10. File Manager uses the multiple-document interface or MDI to display […]

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MIT’s new headset reads the ‘words in your head’

There’s always been a glaring issue with voice computing: Talking to a voice assistant with other people around makes you feel like a bit of a weirdo. It’s a big part of the reason we’ve been seeing the technology start to take off in the home, where people feel a little less self-conscious talking to […]

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MIT cuts ties with brain preservation startup Nectome

MIT is disassociating itself from Nectome, the Y Combinator-backed startup promising to preserve customers’ brains for the possibility of future digital upload. Co-founder Robert McIntyre described the procedure as “100 percent fatal” — it involves connecting terminally ill patients to a machine that pumps embalming fluids into their arteries. The company has collected (refundable) $10,000 […]

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