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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 million (13 billion won) in a Series B+ round as it scales up. This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha Corporation.

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San Diego-based startup LifeVoxel raises $5 million seed funding for its AI diagnostic visualization platform

TechCrunch

San Diego-based startup LifeVoxel has raised $5 million in a seed round to bolster data intelligence of its AI diagnostic visualization platform for faster and precise prognosis. Kovalan, who was born and raised in Malaysia, studied computer science in Ohio State University, and on completion, went on to specialize in artificial intelligence.

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Nvidia points to the future of AI hardware

CIO

GPUs like Blackwell could revolutionize the fields of data analytics, 3D modeling, cryptography, and even advanced web rendering — areas where processing speed and power are crucial,” he says. “In But Nvidia’s many announcements during the conference didn’t address a handful of ongoing challenges on the hardware side of AI.

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Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

TechCrunch

Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., Nenad Baki? and Luca Ascani.

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How Artificial intelligence (AI) is Enabling Creativity Across Businesses

OTS Solutions

How Artificial intelligence is Enabling Creativity Across Businesses. Artificial intelligence (AI) is useful for every industry, and many modern, leading CEOs, CMOs, CFO’S, and CIOs have discovered creative ways to use AI and embed it as part of their strategy.

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Sneaker fit startup Neatsy.ai gets $1M seed after B2B pivot

TechCrunch

Neasty’s approach relies on 3D scanning technology found in the iPhone X or later (aka, the TruthDepth camera for FaceID) — so (currently) it only works for a subset of iOS users. Neatsy wants to reduce sneaker returns with 3D foot scans. But it’s eyeing expanding its fit recommendations with the seed funding.

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How Nvidia became a trillion-dollar company

CIO

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did. The resulting imagery can be used for marketing or collaborating on new designs and manufacturing processes.