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Aligning ESG and technologicalinnovation At the core of this transformation is the CIO, a pivotal player whose role has expanded beyond managing technologicalinnovation to overseeing how these innovations contribute to ESG goals.
Scaled Solutions grew out of the company’s own needs for data annotation, testing, and localization, and is now ready to offer those services to enterprises in retail, automotive and autonomous vehicles, social media, consumer apps, generative AI, manufacturing, and customer support.
Factories have been the bedrock of many industries from manufacturing to automotive. With the right AI investments marking the difference between laggards and innovative companies, deploying AI at scale has become an essential strategy in today’s business landscape.
They have to take into account not only the technical but also the strategic and organizational requirements while at the same time being familiar with the latest trends, innovations and possibilities in the fast-paced world of AI. It is an interdisciplinary approach that aligns technologicalinnovation with business requirements.
We partner with our customers to provide a solution across markets ranging from automotive, electronics, apparel, medical and pharma, and more. Our program isn’t to replace people but to empower them to be more productive because we strongly believe the value is driven not from technology but from people. It’s about survival.
Keller, one of the most acclaimed engineers in the semiconductor industry, joined the company in 2021 as president and chief technology officer, and was named CEO in early 2023. In March, optical interconnectivity startup Celestial AI raised a $175 million Series C led by Thomas Tull ’s US InnovativeTechnology Fund.
Brodmann17, an Israeli computer vision technology startup that developed a novel approach to take on a marketplace dominated by Mobileye, shut down this week. The trio focused their efforts on developing a new approach to computer vision technology designed to support advanced driver assistance systems.
StoreDot , the Israeli next-generation battery technology startup touting an “extreme fast charging” (XFC) battery for electric vehicles, has secured the first close of its latest funding round led by Vietnamese electric vehicle manufacturer VinFast. The Series D round is due to close at up to $80 million.
This technology eliminates the more complex and slower process of first extracting and consolidating data from multiple database tables using queries before displaying the results, as was the case with the previous version. This enables companies to connect processes and experience-based data and drive optimization and innovation.
You never know when an opportunity to innovate might present itself and, if seized, how much of a difference you can make in people’s lives. We have been innovating in optical technology for more than 50 years. Those innovations have largely focused on improving technologies like communications and sensors.
For the innovative few, co-creating custom industry solutions in conjunction with cloud providers can not only fulfill an internal need but also provide the opportunity to develop a new source of revenue from their IT IP. Automotive Industry, Cloud Computing, Digital Transformation
The completion of such transformative EV and hydrogen fuel cell engineering — amid uncertainty about which technology will prevail as the industry standard — reflects the one constant American Honda’s VP of IT Bob Brizendine has confronted throughout his 36 years with the company: an ever-changing, winding road that never slows down. “We
Founded in 2017, Arizona-based Aira didn’t waste any time proving out its technology. We’ve written about the company’s wireless charging a few times over the years, including the “FreePower” technology it has baked into Nomad’s charging pads, which brings a more streamlined version of the Apple’s abandoned AirPower.
The reason for this shift is simple: While CIOs can often call on talented teams of internal IT professionals to deliver business solutions, no technology department can be expected to generate every innovation necessary to compete in a fast-moving digital age. I would say, right now, I’m a technologist last.
NTT DATA’s landmark Global GenAI Report underscores how the technology is gaining momentum. Furthermore, nearly two-thirds of C-suite respondents, specifically, expect GenAI to be a game changer over the next two years and plan to invest significantly in the technology. There is no going back.
IRP Systems , a maker of innovative electric powertrains for electric vehicles, has raised a $31 million Series C funding round, bringing its total funding to $57 million. The financing was led by Clal Insurance and Altshuler Shaham, which are Israeli institutional investors. IRP Systems is in the epicenter of this revolution.
NTT DATAs landmark Global GenAI Report underscores how the technology is gaining momentum. Furthermore, nearly two-thirds of C-suite respondents, specifically, expect GenAI to be a game changer over the next two years and plan to invest significantly in the technology. There is no going back.
In addition, OpenAI is reportedly developing its own semiconductor technology to support these AI initiatives. Given advances in AI and sensor technology, OpenAI now seems to be revisiting the prospect of AI-driven humanoid robots for real-world applications.
IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025. The technology uses IoT-enabled daily monitoring devices such as blood pressure monitors, heart monitors, or blood glucose meters to collect relevant data and make it accessible to the physician. Healthcare.
The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technologicalinnovation in the construction, real estate and manufacturing industries. The dollar is mostly green, but in the hands of Kompas , so are kroner, euros and shekels.
The company was joined by Automotive Ventures, Detroit Venture Partners and 640 Oxford Ventures in the round. The underlying technology is capable of changing a set of tires in less than 15 minutes, by the company’s count. “Why don’t we bring robots into the service industry?” Clearly Reinalt-Thomas was listening.
Other recent investors include TDK Ventures, MFV Partners, the Industrial Technology Investment Corporation, Sony Innovation Fund and Safar Partners. In fact, the technology really struck Ford’s fancy. The latest round, led by DCVC and Playground Global, brings the startup’s total funding up to $29 million.
Early-stage fund VentureIsrael , seed fund Operator Partners and the Israeli Innovation Authority are backing the company, which is based out of OurCrowd’s Labs/02 incubator. The company says it will use the new funding to further develop its algorithms and support its current deployment partners, especially in the automotive industry.
We discussed the Dutch ecosystem, the role of government in stimulating innovation and the challenges the country is facing in helping companies to go from startup to scaleup. “[The Netherlands] is a country that wouldn’t exist if it wasn’t for innovation. is probably the biggest automotive market, too.
Sunflower Lab is pleased to announce that we’ve been chosen as a Top Automotive App Development Company by TopDevelopers.co ! Top Developers took a comprehensive look at which app development companies could best evaluate, research, and craft a trend-setting solutions for the automotive sector. Take Columbus, Ohio for example.
She’s a technology executive with experience leading multi-billion dollar business units within public companies, and she has spent more than 20 years managing the commercialization of complex technologies. Prior to joining Sarcos, Allgood served as the global head of IoT and automotive for Ericsson.
” Just as virtualization and then container technology transformed CPU-based workloads over the last decades, Run:AI is bringing orchestration and virtualization technology to AI chipsets such as GPUs, dramatically accelerating both AI training and inference. ” Run.AI
SMART, a startup founded in 2020, has a partnership with NASA through the Space Act Agreement and is part of the agency’s formal Startup Program that aims to commercialize some of its innovations. Following that, SMART intends to also pursue bringing SMA tires to the automotive and commercial vehicle industries, too.
The founder spent three years at R&D firm Batelle, where she headed its automotive cyber innovation unit, which was later spun out and then acquired by Honeywell. She then set up and led the North American operations of TowerSec, an Israeli automotive cybersecurity startup that was eventually acquired by Harman.
million in a Series A round led by Khosla Ventures, with additional participation from Uber, 8VC, Radical Ventures, OMERS Ventures, BDC and Aurora Innovation, as well as leading AI researchers Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler and others. Waabi has raised $83.5
LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. Mindset Medical – Delivers a portfolio of proprietary virtual technologies that advance the full continuum of patient care. TRIPP, Inc.
Israeli startup TriEye has raised $74 million to commercialize a type of sensing technology that can be used to help autonomous and driver-assistance systems to see better in adverse conditions. The technology uses short-wave infrared (SWIR), which refers to a wavelength range that is outside the visible spectrum.
If Nuro is to become the generation-defining company its founders desire, it will be due as much to innovation in regulation as advances in the technology it develops. The Alliance of Automobile Manufacturers (now the Alliance AutomotiveInnovation), which represents most U.S. So when the company petitioned the U.S.
Adobe, Sony Innovation Fund by IGV, Hearst Ventures and individuals from Stone Point Capital also participated in the financing, which brings San Diego-based Truepic’s total raised since its 2015 inception to $36 million. Rather than trying to detect what is fake, Truepic says its patented “secure” camera technology proves what is real.
TTTech Auto, a Vienna-based automotive safety software provider, is one such company. TTTech Auto just scored the backing of major Tier 1 automotive tech supplier Aptiv, a sign of the supplier’s deepening interest in tech that facilitates advanced driver assistance systems (ADAS).
Moeller spent several years researching and developing prototypes and business plans for what would eventually become Keep Technologies. Keep’s technology, of which it has secured five utility patents and another 16 pending, has already attracted several investors. Image Credits: Keep Technologies. How it works.
Accenture has acquired Excelmax Technologies, a Bangalore-based semiconductor design firm to expand the range of chip design services it offers its clients. With this acquisition, approximately 450 Excelmax workers skilled in areas such as emulation, automotive, physical design, analog, logic design, and verification will join Accenture.
The company says it has developed a proprietary process technology it calls ATOD (Accelerated Thermal Oxidative Decomposition). The first product will be Oistre , a thermoplastic polyurethane (TPU) for use in footwear, apparel, sporting goods, automotive and electronics.
The deal will also help Lucid realize its vision to supply electric vehicle technologies to third parties, such as other automotive manufacturers, as well as offer energy storage solutions in the residential, commercial and utility segments, Rawlinson said. Image Credits: Lucid Motors.
Volta’s growth, and the large amount of capital it has now raised — over $325 million to date — are part of a bigger sea change in the automotive world. “As an innovator and disruptor in commercial vehicles, we are working at industry-leading pace and have significant ambitions.
Other investors, including MUFG Innovation Partner, BRI Ventures and its previous backers like AC Venture and Quona Capital, also participated in the latest round. of new automotive sales in Southeast Asia. Some automotive marketplaces, such as Carro , Carsome and OLX Indonesia, cover direct customers’ trade and financing.
Whether you are an undergraduate student with a startup idea or an MBA candidate building your company, TC Mobility offers students the opportunity to connect and collaborate with the industry leaders, investors and operators responsible for driving transportation innovation. For $75 you can test drive some pretty awesome technology.
Koop Technologies (Pittsburgh, PA, USA) — Presenter: Sergey Litvinenko, co-Founder and CEO. “Koop Technologies is an insurance platform for autonomous vehicles and robotics. Before SAIC, she led the Corporate Venture Group at Maxim Integrated, where she led multiple strategic technology acquisitions and venture investments.
The automotive industry is undergoing a transformation driven by advancements in design and technology. Modern automotive design isn’t just about aesthetics but encompasses functionality, efficiency, and sustainability. Here’s how innovation is shaping the future of automotive design. Check it out below.
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