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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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British Self-Driving Car Maker Wayve Revs Up With Whopping $1B SoftBank-led Round

Crunchbase News

billion in a SoftBank -led round, marking one of the largest funding deals on record for a British startup and signaling continued investor fervor for all things artificial intelligence. The company was founded by PhD students at the University of Cambridge in 2017 and has been testing its technology on British roads since 2018.

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

CoreWeave was founded in 2017 by Intrator, Brian Venturo and Brannin McBee to address what they saw as “a void” in the cloud market. “ We also work with a number of notable VFX and animation studios such as Spire Animation, and partner closely with 3D streaming and ‘metaverse’ companies such as PureWeb.”

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Interpretability in Machine Learning: the Look into Explainable AI

Altexsoft

Domingos referenced a common truth about complex machine learning models, where deep learning belongs. In this article, we’ll talk about the interpretability of machine learning models. What is the model interpretability? to safety (Can a Tesla run over a pedestrian wearing camouflage?)

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Synthetic Data for Machine Learning: its Nature, Types, and Ways of Generation

Altexsoft

Meanwhile, synthetic data can be a good alternative to rely on when it comes to training machine learning models. In this article, we will explain what synthetic data is, why is it used and when it’s best to use it, which generation models and tools are out there, and what are the cases of synthetic data application.

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Xesto is a foot scanning app that simplifies shoe gifting

TechCrunch

But Howe tells us it moved into mobile sizing shortly after the 2017 launch of the iPhone X — which added a 3D depth camera to Apple’s smartphone. Since then Apple has added the sensor to additional iPhone models, pushing it within reach of a larger swathe of iOS users.

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

In 2017, global eCommerce sales accounted for 10.2 Fast checkout, personalized recommendations, or instant access to customer care at any time are a few services that can be implemented with the help of artificial intelligence. The Federal Deposit Insurance Corporation in their 2017 survey estimated that 6.5