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Logistics startup Turvo emerges from stealth with $25 million in Series A funding

 Turvo, a two-year-old, Sunnyvale, Ca.-based company, is emerging today with an idea so ambitious that investors have provided it with $25 million in Series A funding to chase it. What it wants to do: connect people looking to have things shipped, which doesn’t sound so unlike what a lot of both traditional and newer companies want to […]

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Tencent increases its focus on artificial intelligence

 When it comes to artificial intelligence (AI) and Chinese tech companies, thoughts often begin and end with Baidu. But Tencent, Asia’s second highest-valued tech company behind Alibaba, has reminded the world that it too is investing in the field. Search giant Baidu was one of the first to make a major commitment to deep learning. It spent over $2.9 billion on R&D over […]