discuss AI (artificial intelligence) Discussion & Domains

Two ex-Google engineers built an entirely different kind of self-driving car

Nuro.AI Raises $92 Million for Adorable Autonomous Delivery Vehicles
Somewhere between a delivery truck and a sidewalk robot, Nuro's robotic vehicles want to deliver your groceries
It seems like we've gotten to the point with self-driving vehicles where it's no longer enough to "just" be developing a car that could at some point be used as an autonomous rideshare vehicle. That space has gotten super crowded over the last few years and although it may not seem like it, the giant piles of money that self-driving vehicle (SDV) startups require are not infinite. So, what we're seeing instead is more specialization into niches where specific sorts of SDVs can fulfill specific business cases.

The most popular (and realistic in the near term) niche is almost certainly delivery, because delivering stuff is what vehicles do when they're not delivering people. This niche is being tackled at all scales, from Tesla's autonomous semi trucks to sidewalk delivery robots from Starship and Piaggio Fast Forward. And now, somewhere in the middle, there's Nuro.

Today, Nuro is announcing not only the fact that it exists, but also that it's got one of those aforementioned giant piles of money ($92 million in Series A funding) along with a fully autonomous self-driving vehicle "designed to transform local commerce" by bringing things you want from local businesses directly to your home.

Brief info on .AI ccTLD.
.ai is ccTLD for Anguilla introduced in 1995.
Registration restrictions - None.
It's used for some sites based in Anguilla, as well as for websites of companies working in artificial intelligence (AI) area.

Watching the discussion - AI (Artificial intelligence) movie comes to my mind.
Synopsis - David, a highly advanced robotic boy, longs to become human child so that he can regain the love of his foster mother who abandoned him. He goes on a long journey hoping to make his dreams come true.
Initial release: 26 June 2001

China’s SenseTime raises $600 million to become the most valuable artificial intelligence (AI) startup in the world

Marvelstone Announces PE Fund for AI Investment
Singapore based Marvelstone Group has launched a private equity fund for artificial intelligence (AI) investment. Marvelstone said it will invest in AI startups and projects through Marvelstone Capital, across geographies including the UK, China, Singapore, and Canada.

Marvelstone pointed to data by CB Insights that AI funding topped $15 billion in 2017 jumping dramatically versus year prior. The US still leads globally in terms of the number of AI startups and total equity deals but Marvelstone says it is gradually losing its previous overwhelming dominance.

Twenty-four EU countries sign artificial intelligence pact in bid to compete with US & China - EU deal pumps $2.6 billion into AI



Mariya Gabriel said EU-level agreement on artificial intelligence can be a "driving force" for member states to compete with tech giants in the US and China. [European Commission]

Twenty-four EU countries pledged to band together to form a “European approach” to artificial intelligence in a bid to compete with American and Asian tech giants.

The agreement says the countries will consider putting public research funding into AI, but it does not promise dedicated new investments.

Ministers from all EU member states except for Cyprus, Romania, Croatia and Greece signed a declaration on Tuesday (10 April) vowing to “modernise national policies” as part of an effort to develop large-scale AI research.

One Commission official said the four EU countries that did not sign were not opposed to the initiative but might still need approval before signing. Norway also signed the declaration.

European politicians are scrambling to amp up their work on AI by earmarking public funds and nudging companies to invest in technologies like medical applications that process huge amounts of data and robotics.

The EU’s investment in AI lags behind the US and China, and the bloc’s new initiative could still be hampered by competition between member states, or by their differing positions on regulation.

EU Digital Commissioner Mariya Gabriel will publish a strategy paper on AI on 25 April that she said will outline legal issues that the technology is likely to create, and also address fears about robots replacing jobs. She will not propose binding legislation focused on AI.

Vettd Closes Series A Round, Launches First AI Powered HR Deep Neural Network Platform

Vettd's services are developed to make hiring managers' jobs easier and capitalize on their expert knowledge to identify and select the right candidates for open positions, internal promotions or talent reorganization. Vettd's proprietary deep neural network services allows hiring managers to upload their expertise into their own AI service, and then extend that knowledge to support anyone responsible for active talent evaluations (recruiters, interviewers, or other hiring managers). This highly-scalable experience, focusing on natural language documents, allows for the instantaneous sharing of expert knowledge to bridge evaluation skill gaps or streamline the entire talent acquisition lifecycle. Vettd accomplishes this by using its' library of Intelligent Data Science™ agents that reside within the company's Live Data Observatory (LDO) that is built upon a real-time microservices cloud architecture.

"Our Live Data Observatory platform transforms dormant warehouse data of untapped natural language information into valuable data assets that enable new AI service opportunities. This offers enterprises a new way for their hiring managers, recruiters, and applicants to interact at scale, without the need to be physically present with one another," said Mike Buhrmann, Vettd's CEO. "With the funding, we'll expand our efforts in commercially applied deep neural network services while also venturing into more industry verticals to continue to grow our customer base."

Vettd's funding round of 3 million dollars

Directly Raises $20M in Series B Funding

Directly, a San Francisco, CA-based crowd-powered AI platform for customer service, raised $20m in Series B funding.

The round was led by Northgate Capital with participation from Microsoft Ventures, Costanoa Ventures and True Ventures.

The company intends to use the funds to further develop its platform.

Interesting 4L sale FRMN.com £7,390 – Formation offers a “Customer Goal Management platform” and uses the domain name Formation.ai. It forwards this abbreviated version to the .ai domain.

PennDOT Announces New Regulations For Testing Self-Driving Vehicles
The NTSB is conducting an investigation into the Arizona incident. When asked if the last stipulation was aimed at Uber, Richards said it applies to all companies. After the crash, Uber halted testing of its self-driving vehicles indefinitely. Pittsburgh is one of the company’s North American testing sites.

Uber is one of a handful of companies testing autonomous cars in the city. Pittsburgh-based.

Argo.AI, backed by a $1 billion investment from Ford
aims to put self-driving cars in production by 2021. Aptiv, formerly known as Delphi, is also testing self-driving car technology in Pittsburgh.

Richards said that the regulations will help the public accept self-driving vehicles, and called prioritizing safety in this instance “economics 101.”

“It’s in the best interest of the industry that we walk in the same direction with the public. They don’t want to be fighting the public every step of the way,” she said. “[It] doesn’t make sense going against the people who you are anticipating to be your clients.”

Within 60 to 90 days, Richards said she would convene a meeting with the companies testing autonomous vehicle technology to discuss the interim regulations. In addition, the state will reconvene the Autonomous Vehicle Policy Task Force to review the regulations and update policy recommendations.

AI-powered horse monitoring: Magic AI raises $1.2M to expand equine technology

Horse monitoring might not be the first application of computer vision-based machine learning that comes to mind. But investors like what they see with Magic AI.

The Seattle startup has reeled in a $1.2 million seed round to expand StableGuard, its 24-hour monitoring and alert system for horses.

Magic AI launched last year after CEO and co-founder Alexa Anthony was inspired to start the company after her own 8-year-old horse, Magic, was stricken with colic in the middle of the night.

“If this happens in the middle of the night when no one is watching, they can go all night with this and in the morning often times it’s too late,” Anthony told GeekWire in October. “That’s what happened with my horse. I found him at 8 the next morning and he had been toxic for 15 hours so we had to put him down. But if there was something that had notified me as soon as he was showing symptoms of distress I could have gone out there and I could have given him a shot of banamine and we could have prevented it. He probably would still be here today.”

fyi..

.AI branching out now to more registrars:
https://www.namepros.com/threads/ai...egistrars-start-offering-it-for-sale.1074745/

noticed Namecheap is offering them..

AI pharma start-up Benevolent.AI now worth $2 billion after $115 million funding boost.
British artificial intelligence start-up BenevolentAI has bagged $115 million from investors, lifting its pre-money valuation to $2 billion.

The London-based firm, which is focused on the pharmaceutical industry, said the latest round of funding will help it scale drug development and its AI platform.

The company currently has more than 20 drug programs. It said it will use the raised capital to expand into other areas of the market like advanced materials, agriculture and energy storage.

Its AI technology is used to decipher the molecular process of disease and match drug treatments to the most applicable patients.

BenevolentAI created a bioscience machine "brain" that uses algorithms and data to locate the cause of diseases and generate insights into them that humans otherwise couldn't. Its platform is being used to develop treatments for incurable diseases like motor neurone disease, Parkinson's disease, glioblastoma and sarcopenia.

Citrine Informatics Closes $8M Convertible Note

Citrine Informatics, a Redwood City, CA-based materials data and artificial intelligence (AI) platform, received additional capital in the form of an $8m convertible note.

Tencent Holdings, a provider of Internet value-added services in China, and B&C Holdings, an Austria-based private-equity firm, participated.

The note will enable international expansion and hiring talent across data science, engineering and sales.

Led by Greg Mulholland, CEO and founder, Citrine Informatics combines access to a large materials dataset as well as a data platform and AI to accelerate the materials development cycle. The company’s technology has been used by large organizations, including chemicals and product companies.
It is also backed by investors including Innovation Endeavors, DCVC (Data Collective), Prelude Ventures, AME Cloud, XSeed Capital, Morado Ventures, and Ulu Ventures.

ai-boost.com
botai.life

AI is a megatrend and a megahappening.

Domaindogged said:

ai-boost.com
botai.life

AI is a megatrend and a megahappening.

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MSN-Domains said:

The inverse you have stated is totally absurd for so many reasons - Comparing cryptography to AI is like comparing the size of a matchbox in relative scale to the Burj Khalifa. Crypto[Matchbox] 4cm - AI[Burj] 82,967cm and that's being generous.

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I wasn't joking.

Artificiallyintelligent.world

Munich AI startup Artisense.AI raises €4 million in new funding round

German AI startup Artisense has announced a €4 million funding round from Project A, Vito Ventures, and Holidu cofounder Chris Hitchen.

The startup has developed algorithms for real-time 3D mapping of images. The tech can be applied to autonomous cars and robotics to help them to better understand their surroundings. The new funds will be invested in improving the algorithm, forging industry partners in automotive and robotics, and expanding its offices in Munich, Palo Alto, and Tokyo.

“We see Europe increasingly becoming one of the hubs for DeepTech startups. A unique ecosystem has been established that combines innovation, research, and entrepreneurship with huge markets,” said Thomas Oehl, managing partner at Vito Ventures. “Artisense's technology has the potential to become a pioneer in dynamic 3D mapping and thus the basis for autonomous machine movements.”

As well as the investment, the startup has announced the appointment of Dr Prof Daniel Cremers as chief scientific officer. Cremers is the chair of the Computer Vision and Pattern Recognition at Technical University of Munich and a previous winner of the Leibniz Award for scientists in Germany.

MSN-Domains said:

Nuro.AI Raises $92 Million for Adorable Autonomous Delivery Vehicles
Somewhere between a delivery truck and a sidewalk robot, Nuro's robotic vehicles want to deliver your groceries
It seems like we've gotten to the point with self-driving vehicles where it's no longer enough to "just" be developing a car that could at some point be used as an autonomous rideshare vehicle. That space has gotten super crowded over the last few years and although it may not seem like it, the giant piles of money that self-driving vehicle (SDV) startups require are not infinite. So, what we're seeing instead is more specialization into niches where specific sorts of SDVs can fulfill specific business cases.

The most popular (and realistic in the near term) niche is almost certainly delivery, because delivering stuff is what vehicles do when they're not delivering people. This niche is being tackled at all scales, from Tesla's autonomous semi trucks to sidewalk delivery robots from Starship and Piaggio Fast Forward. And now, somewhere in the middle, there's Nuro.

Today, Nuro is announcing not only the fact that it exists, but also that it's got one of those aforementioned giant piles of money ($92 million in Series A funding) along with a fully autonomous self-driving vehicle "designed to transform local commerce" by bringing things you want from local businesses directly to your home.
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So hundreds of these things blocking up the footpaths and streets, sounds great

Allegro.AI, which has built a deep learning platform that companies can use to build and train computer-vision-based technologies — from self-driving car systems through to security, medical and any other services that require a system to read and parse visual data — is today announcing that it has raised $11 million in funding, as it prepares for a full-scale launch of its commercial services later this year after running pilots and working with early users in a closed beta.