Startup Boomer enable technology startups to connect, engage and acquire enterprise customers worldwide with innovative products, software and services in the areas of Artificial Intelligence, Robotics, Internet of Things, Big Data, Cloud, Analytics and Blockchain etc. It also provides an opportunity to students and entrepreneurs to raise funds for their innovative prototypes, from digital investors. If you know of an obscure technology startup that can disrupt the traditional business landscape?
The incubator will be called "Area 120," a reference to the 20 percent of work time that Google employees can spend on side projects. CEO Sundar Pichai confirmed the news to Forbes; later, VP Bradley Horowitz tweeted that he will be involved in the project. That's all the company has revealed for now, leaving some of the rumored details first reported by The Information open to speculation. The real question is whether making a company farm system will help retain talent and innovation, since startups could leave for outside investment with potentially fewer strings than they'd have working within Google. Other big companies have recognized the value that startup thinking brings to the table, but have halfheartedly supported internal restructuring to embrace new methods.
HTC is aiming to jump-start VR development with its new Vive X fund, an accelerator that will support and promote startups working in the new medium. Vive X is backed by a 100 million investment fund (mostly from HTC), and it'll kick off in Beijing next month (with San Francisco and Taipei to follow). As with most accelerator programs, it'll offer mentorship, work space and, naturally, some investment capital to a selected group of startups. After a few months, the chosen companies will show off their projects at celebratory demo days (again, something common to this type of program).
Back in Autumn 2015, Amazon quietly acquired a Californian artificial intelligence startup that specialises in photo-recognition technology, according to a new report from Bloomberg. The publication bases its story on an unidentified source „familiar with the matter" -- as well as the fact the startup's website is now owned by …
Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. A new map released by CB Insights identifies the most well-funded venture capital-backed technology startup in each state based on disclosed equity funding. The map includes companies in all 50 states, plus Washington, D.C. Four states - Mississippi, Alaska, North Dakota and South Dakota - did not meet CB Insights' criteria, so the report includes the most well-funded private technology companies since 2015 in those four states.