Day: May 7, 2018

China’s government has made technological independence from the United States one of its highest priorities. And now it appears to be putting its money where its messaging has been. According to The Wall Street Journal, China is close to finalizing a $47 billion investment fund that would finance semiconductor research and chip startup development. The
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Purple Carrot announced this morning that it has raised $4 million in strategic funding from Fresh Del Monte Produce. The company, which delivers completely plant-based (vegan) meal kits to subscribers, was founded in 2014. It has, in part, gotten attention through celebrity involvement, first by enlisting food writer Mark Bittman as its chief innovation officer
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At the Microsoft Build developer conference today, Microsoft and Chinese drone manufacturer DJI announced a new partnership that aims to bring more of Microsoft’s machine learning smarts to commercial drones. Given Microsoft’s current focus on bringing intelligence to the edge, this is almost a logical partnership, given that drones are essentially semi-autonomous edge computing devices. DJI
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iPrice, a service that aggregates Southeast Asia’s e-commerce websites in a single destination, has pulled in new funding led by messaging app Line’s VC arm, Line Ventures. The round is officially undisclosed, but TechCrunch understands from a source close to negotiations that it is worth around $4 million. Existing iPrice backers Cento Ventures (formerly known as
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