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RealSense spins out from Intel, secures $50 million to drive AI vision in robotics - The Economic Times
Economic Times
·
1m ago
Medial
RealSense has spun out from Intel and secured $50 million in funding to enhance AI vision technology in robotics. The company develops 3D vision cameras enabling machines to perceive depth and interact with their environment. This funding will scale manufacturing, expand market operations, support AI software development, and next-gen cameras. RealSense's technology, embedded in many robots globally, is also expanding into security systems with facial recognition. The company remains U.S.-based but manufactures mainly in Asia.
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Docker Vision Secures Pre-Seed Funding Through SanchiConnect Pre-Seed Accelerator Program
OutlookIndia
·
1y ago
Medial
Docker Vision, an AI-based port automation pioneer, has raised pre-seed funding through venture capital firms Thinkuvate and SeaFund. The funding, secured through SanchiConnect's PreSeed Accelerator program, will enable Docker Vision to expand its brand, conduct additional proof of concepts (POCs), and strengthen its operations. The company's AI-powered Gate OCR (dOCR) technology aims to reduce waiting times, lower carbon emissions, and improve cargo damage detection using panoramic imaging. Docker Vision's co-founder expressed gratitude for the investment, highlighting their vision of revolutionizing the maritime industry with automation solutions.
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China blocks use of Intel and AMD chips in government computers: report
Economic Times
·
1y ago
Medial
China has implemented new guidelines to gradually phase out the use of U.S. microprocessors, including those from Intel and AMD, in government personal computers and servers. This move was reported by the Financial Times.
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SiMa.ai secures $70M funding to introduce a multimodal GenAI chip
TechCrunch
·
1y ago
Medial
SiMa.ai has raised a $70 million extension funding round as it prepares to bring its second-generation chipset for multimodal generative AI processing to market. The startup aims to provide its edge AI system-on-chip (SoC) to various industries like manufacturing, retail, aerospace, defense, agriculture, and healthcare. SiMa.ai's first-generation ML SoC has already been used by over 50 companies worldwide and has delivered strong performance in computer vision. The upcoming second-generation GenAI SoC will offer compatibility with various frameworks, networks, models, and sensors, supporting computer vision, transformers, and multimodal GenAI. The funding round was led by Maverick Capital, raising SiMa.ai's total funding to $270 million.
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Introducing 'Eye on AI': The Economic Times' brand new page on Artificial Intelligence
Economic Times
·
1y ago
Medial
The Economic Times is launching a new page on Artificial Intelligence called Eye on AI. In preparation for this, they used three different video AI tools to create a behind-the-scenes video showcasing the process of conceptualizing and creating the new page. You can check out the results of these different models in the video.
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Hugging Face says its new robotics model is so efficient it can run on a MacBook | TechCrunch
TechCrunch
·
2m ago
Medial
Hugging Face has launched SmolVLA, a new lightweight AI model for robotics, aimed at democratizing access to vision-language-action models for both virtual and real-world applications. With 450 million parameters, SmolVLA is efficient enough to run on consumer hardware, such as a MacBook. Part of a broader initiative to create cost-effective robotics solutions, SmolVLA allows for separate processing of actions and sensory inputs, enhancing responsiveness. It builds on Hugging Face's expanding robotics ecosystem, including their acquisition of Pollen Robotics.
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An on-demand talent platform TimBuckDo raises Rs 2 crore from Morton Meyerson, Nandkishore Kalambi
IndianStartupNews
·
1y ago
Medial
Bengaluru-based talent platform TimBuckDo has raised INR 2 crore ($270,000) in seed funding. The investment round was led by US-based angel investors Morton Meyerson and Nandkishore Kalambi. TimBuckDo aims to connect students with part-time job opportunities by leveraging AI and technology. The startup plans to use the funding to expand its platform and reach more students across India. TimBuckDo's vision is to provide flexible and meaningful employment to the younger generation and drive economic growth.
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Nvidia enlists humanoid robotics’ biggest names for new AI platform, GR00T
TechCrunch
·
1y ago
Medial
Nvidia is entering the humanoid robot race with Project GR00T, a new platform aiming to build a general-purpose foundation model for humanoid robots. The chipmaker is partnering with various companies in the field including Agility Robotics, Boston Dynamics and Unitree Robotics to develop AI technology that can revolutionize labour and help humans in various aspects of their daily lives. Nvidia is also introducing Jetson Thor, a new computer designed to run simulation workflows and generative AI models for humanoid robots. Additionally, Nvidia announced Isaac Manipulator and Isaac Perceptor programs to advance automation and vision processing in robotics.
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Intel’s “Gaudi 3” AI accelerator chip may give Nvidia’s H100 a run for its money
Arstechnica
·
1y ago
Medial
Intel has introduced a new AI accelerator chip called Gaudi 3 to compete with Nvidia's H100. The Gaudi 3 chip is claimed to deliver 50% faster training time and 50% faster inference performance than the H100 for popular AI models. Intel is targeting Nvidia's high market share due to the supply issues with the H100. The Gaudi 3 chip offers improved AI compute performance, power efficiency, and lower pricing compared to its predecessor, Gaudi 2. The chip is manufactured using TSMC's N5 process technology. The performance comparison with Nvidia's upcoming Blackwell chip is yet to be determined.
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Orchard vision system turns farm equipment into AI-powered data collectors
TechCrunch
·
1y ago
Medial
Seattle-based agricultural robotics startup, Orchard Robotics, has raised $3.2m in a seed funding round led by General Catalyst. The funding will be used to enhance the company's research and development, expand its team, and accelerate its market reach. Orchard Robotics provides a sensing module that can attach to farm vehicles, allowing farmers to gather data about their apple crops. The system utilises advanced computer vision and AI to record information about every tree, including the distribution of buds, fruits, and even the hue of the apples.
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Intel reveals details of new AI chip to fight Nvidia dominance
Economic Times
·
1y ago
Medial
Intel unveiled its new Gaudi 3 chip, targeting Nvidia's dominance in AI semiconductors. The chip can train large language models 50% faster than Nvidia's prior generation H100 processor and offers quicker computing for generative AI responses. Intel aims to provide choice and an open approach to customers seeking AI solutions. Despite the challenges faced by Intel and Advanced Micro Devices, the Gaudi 3 chip, built using TSMC's 5nm process, is expected to deliver superior performance. Server builders can expect availability in Q2 2022, and the next-generation code-named Falcon Shores is already in the works.
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