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 2017 has been the year of AI, reaching a fever pitch of VC and corporate investment. But, as with any hot technology, AI is outgrowing this phase of experimentation and hype. According to research firm Gartner, we’re past the “peak of inflated expectations.” Next up is a necessary recalibration of the space—one that will separate the winning AI-driven companies from all… Read More from TechCrunch http://ift.tt/2fFL0JL via IFTTT

Elon Musk plans to use SpaceX spaceships for travel on Earth, Apple has quietly acquired Regaind and South Korea decides to ban ICOs. All this on Crunch Report. Read More from TechCrunch http://ift.tt/2woQ348 via IFTTT

 The Security and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and coins… Read More from TechCrunch http://ift.tt/2fXMmMv via IFTTT

 Former Uber chief Travis Kalanick has appointed two more people to the ridesharing company’s board. One of the seats is going to Ursula Burns, former CEO and Chairwoman of Xerox. The other is going to John Thain, who has served as CEOs of CIT Group, Merrill Lynch and the New York Stock Exchange. A spokesperson for Kalanick provided us with the following statement: “I am happy to… Read More from TechCrunch http://ift.tt/2yehHFR via IFTTT

 StackCommerce, which sells articles sponsored by brands and published on websites, has acquired the online video marketing company Joyus in an all cash transaction to expand its advertising footprint in media targeting women and work more with online video. The media market for fashion, women’s health, and shopping is a new one for StackCommerce which has worked closely with websites… Read More from TechCrunch http://ift.tt/2fEuhGr via IFTTT

 I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like the highest valuation possible, while the new investors would prefer the lowest. For founders, understanding how VCs look at valuation is critical for a successful fundraising process. Read More from TechCrunch http://ift.tt/2x3cewb via IFTTT

 Digital streaming business Roku has soared in its public debut. After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. So this must be great news for the company, right? Well, sort of. Roku’s team… Read More from TechCrunch http://ift.tt/2xMrilF via IFTTT