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Provizio closes $6.2M seed round for its car safety platform using sensors and AI

TechCrunch

Provizio , a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. AI is the future of automotive accident prevention and Provizio 5D radars with AI on-the-edge are the first step towards that goal.”. Also involved in Provizio is Dr. Scott Thayer and Prof.

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Run:AI raises $30M Series B for its AI compute platform

TechCrunch

The system also future-proofs deep learning workloads, allowing them to inherit the power of the latest hardware with less rework. ” Run:AI says that it is currently working with customers in a wide variety of industries, including automotive, finance, defense, manufacturing and healthcare. . ” Run.AI

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AI chip maker Kneron raises $25M for autonomous driving push

TechCrunch

AI chips, which are semiconductors designed to accelerate machine learning, have many applications. The startup’s chips are “reconfigurable”, meaning they combine the flexibility of software and the high speed of the hardware. Kneron releases its first automotive-grade chip for ADAS and AV systems.

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Hyundai invests in teleoperations startup Ottopia as part of $9M round

TechCrunch

“I understood that there are so many edge cases that will not be solved purely by AI and machine learning, and there must be some kind of human-in-the-loop intervention,” Rosenzweig said in a recent interview. It was a technology that he soon recognized would need what every other mission-critical system requires: humans.

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FPGA startup Rapid Silicon lands $15M to bring its first chip to market

TechCrunch

Because they’re relatively affordable and can be programmed for a range of use cases, they’ve caught on particularly in the AI and machine learning space where they’ve been used to accelerate the training of AI systems. based Omnitek and Altera to double down on FPGA-based solutions for video and AI applications.

Marketing 215
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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

TechCrunch

Over time, it has streamlined what it does to two main platforms that it calls Selenium and Caesium, covering respectively navigation, mapping, perception, machine learning, data export and related technology; and fleet management. Our point is to be agnostic, to make sure it works on any hardware platform.”

Industry 331
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What’s driving China’s autonomous vehicle frenzy?

TechCrunch

China’s autonomous vehicle industry first started seeing some traction around 2016, when a bunch of ambitious startups mushroomed following advances in lidar, computing and machine learning. The industry saw a period of unprecedented acceleration in 2021, with over $8.5