Former Yahoo CEO Marissa Mayer Creates Tech Startup Incubator

Marissa Mayer

Photographer: David Paul Morris/Bloomberg

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Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres.

The venture will focus on consumer media and artificial intelligence, according to the company’s website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the news earlier Wednesday.