Saturday, June 8, 2019

Luminous Computing, which aims to build a photonic chip, raises $9M seed round led by Bill Gates, with Dara Khosrowshahi, Travis Kalanick, others participating (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch:
Luminous Computing, which aims to build a photonic chip, raises $9M seed round led by Bill Gates, with Dara Khosrowshahi, Travis Kalanick, others participating  —  Luminous Computing, a one-year-old startup, is aiming to build a photonics chip that will handle workloads needed for AI at the speed of light.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...