Intel announced Monday it will acquire Mobileye in a deal worth about $15 billion, as the tech giant makes a deeper push into the growing self-driving vehicle market. In a statement, Intel says it plans to acquire Mobileye for $63.54 per share in cash. The equity value of the deal is $15.3 billion, while the enterprise value of the acquisition is $14.7 billion. "Mobileye brings the industry's best automotive-grade computer vision and strong momentum with automakers and suppliers," Intel CEO Brian Krzanich said in a statement. "Together, we can accelerate the future of autonomous driving with improved performance in a cloud-to-car solution at a lower cost for automakers."

Intel announced Monday it will acquire Mobileye in a deal worth about $15 billion, as the tech giant makes a deeper push into the growing self-driving vehicle market. In a statement, Intel says it plans to acquire Mobileye for $63.54 per share in cash. The equity value of the deal is $15.3 billion, while the enterprise value of the acquisition is $14.7 billion. "Mobileye brings the industry's best automotive-grade computer vision and strong momentum with automakers and suppliers," Intel CEO Brian Krzanich said in a statement. "Together, we can accelerate the future of autonomous driving with improved performance in a cloud-to-car solution at a lower cost for automakers."

Google has announced a new strategic partnership with SAP, focused on developing and integrating Google's best cloud and machine learning solutions with SAP enterprise applications. The partnership will enable certification of the in-memory database SAP HANA on Google Cloud Platform(GCP), new G Suite integrations, Google's machine learning capabilities, and data governance collaboration, offers Google Cloud, SAP and customers more scope, scalability, and the exciting opportunity to create new products. SAP has a long history at the center of business and technology. With this partnership Google is offering SAP customers the opportunity to leverage Google Cloud to accelerate their digital transformation and convert data into actionable insights and business outcomes. The SAP HANA database is now certified on GCP.

Add one more to the growing tally of security funding deals in early 2017. RiskSense, an Albuquerque, NM cyber-risk management company, announced this week that it had raised $14 million in a Series A round of financing. "The funding raised by existing investors Paladin Capital Group, Sun Mountain Capital, EPIC Ventures, and CenturyLink and a new investor Jump Capital will enable RiskSense to expand sales and marketing, enter new markets such as cyber-security insurance, and broaden and accelerate product development," Dr. Srinivas Mukkamala, co-founder and CEO of RiskSense, told eSecurity Planet. Spun off from New Mexico Institute of Mining and Technology and acting as advisors to the U.S. Department of Defense and U.S. Intelligence Community, RiskSense uses of artificial intelligence (AI) technologies, particularly machine learning, to help governments and enterprise organizations identify and prioritize risks to their networks and data. "RiskSense is changing the way organizations detect and manage cyber risk," said Mukkamala.

The community is used by more than 800,000 data scientists. Google is set to acquire Kaggle, an Australia-based data science platform for running coding competition. The financial details about the acquisition have not been disclosed. Founded in 2010 by Anthony Goldbloom and Ben Hamner, Kaggle is a platform where data science and machine learning competitions are run. The platform is being used by more than 800,000 data scientists to explore, analyse and understand the latest updates in machine learning and data analytics.

NEW YORK The founder of former telecommunications company Global Crossing Inc, Gary Winnick, has acquired a majority stake in live streaming concert service Qello - the first step in creating a new company and technology platform to capitalize on the surge in online TV consumption, Winnick told Reuters.

LoopMe, a digital advertising firm that uses artificial intelligence (AI) to optimize mobile video advertising, has raised $10 million in a funding round led by Impulse VC and Harbert European Growth Capital, with participation from Holzbrinck Ventures and Open Ocean Capital. Founded out of London in 2012, LoopMe unifies all the popular mobile video ad formats, covering pre-roll, HTML5, and the VAST ad-serving standard. In a nutshell, the platform replaces humans with algorithms that determine the placement of ads in real time, based on metrics such as purchase intent or offline sales. The technology "learns" how viewers are reacting to the ads and changes them based on how a user is responding. The company's platform has been used by a host of well-known brands, including Microsoft, Disney, Airbnb, and Honda.

Bloq, a provider of blockchain technology solutions for global enterprises, announced that it has acquired Skry (formerly Coinalytics), a pioneer in blockchain analytics, to accelerate the development of its analytics capabilities and open the door for Artificial Intelligence (AI) on its platform. With the acquisition, Bloq wants to enhance its suite of analysis tools and position itself to maximize the value of blockchain data sets through AI and machine learning. The Chicago-based company focuses on solving key business issues surrounding security, provenance, authentication and reconciliation. The new acquisition, whose detailed terms haven't been disclosed, includes Skry's intellectual property and team, which seems a perfect fit for Bloq's focus on empowering better visibility and decision-making in a multi-blockchain, multi-network world. "Financial institutions will need a full suite of tools to take blockchain [technology]'s role from high-tech database to business-driver," Bloq's Co-Founder and Chairman Matthew Roszak explained to Bitcoin Magazine.

Amper, a startup that offers AI-powered music composition, is announcing that it has raised $4 million in funding. The round was led by Two Sigma Ventures, with participation from Foundry Group, Kiwi Venture Partners and Advancit Capital. Amper previously raised funding from Brooklyn Bridge Ventures. You might not expect a film composer like Drew Silverstein (who founded the company with Sam Estes and Michael Hobe) to create a product that is ostensibly competes with his own work, but Silverstein doesn't see that way. Instead, he pitched Amper as a fast, affordable and royalty-free way to create the music for more "functional" projects (like commercials a or short online videos), where most companies would currently use pre-written stock music.

By transforming their networks and operations with the newest technologies, mobile operators could double their cash-flow conversion within five years. The past several years have been tough for telecom companies. Their revenue and cash flows1 1. Cash flow is measured here in terms of earnings before interest, taxes, depreciation, and amortization (EBITDA) minus capital expenditures. Consumption of mobile data boomed, as masses of new wireless customers used their handsets to spend ever-increasing amounts of time online. Companies responded by investing heavily in their wireless networks, even as subscriber growth slowed. As a result, the average ratio of capital spending to revenues has remained stubbornly high, at around 15 percent, for the major players (Exhibit 1).