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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 Apple also waded into the area of virtual reality, working on developing a high-end VR headset. Construction tech startup Agora raises $33M in Tiger Global-led round amid 760% YoY ARR growth.

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Top 10 AR Trends That Will Shape The Future Of Augmented Reality

Openxcell

More than 60% of shoppers prefer to shop by utilizing Augmented Reality, and 46% of shop owners are impressed by the AR/VR solution. Trend: 2 The Metaverse With AI-powered AR and VR technology, the market is shifting toward the digital virtual world. Artificial Intelligence is capable of creating structures quickly.

Trends 52
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Digital Product Trends That Will Shape 2023

UruIT

Buy online, pick up at the curbside (BOPAC), buy online, pick up in-store (BOPIS) and buy online, return in-store (BORIS) will become the norm as more stores adopt artificial intelligence to manage and automate the complex inventory management operations. Personnel will need to become accustomed to working alongside machines.

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Digital twins are primed to revolutionize the infrastructure industry

CIO

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

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Sunny side up

Pandora's Brain

Construction firms are experimenting with pre-fabricated units, but most construction projects remain subject to great variability of on-site conditions. Robots which can handle this unpredictability are still too expensive to replace human construction workers. Teachers are becoming coaches and mentors rather than instructors.

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Proptech: the disruption of real estate

Apiumhub

By using data analytics and artificial intelligence , real estate owners can match supply and demand and have an opportunity to have predictive analysis and recommendations. Also, through drones, construction companies can now improve safety and mitigate risk. The end result can be viewed via desktop, mobile or a VR headset.

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Radar trends to watch: May 2022

O'Reilly Media - Ideas

April was the month for large language models. There was one announcement after another; most new models were larger than the previous ones, several claimed to be significantly more energy efficient. Google has released a dataset of 3D-scanned household items. Large language models are generally based on text.