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Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint

TechCrunch

Morai , which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 million (25 billion KRW) in a Series B funding round as it wants to increase its global presence, specifically into the U.S., Germany, Japan and Singapore. .

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Hover secures $60M for 3D imaging to assess and fix properties

TechCrunch

Hover — which has built a platform that uses eight basic smartphone photos to patch together a 3D image of your home that can then be used by contractors, insurance companies and others to assess a repair, price out the job, and then order the parts to do the work — has raised $60 million in new funding.

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LG announces the first 50 participants in its LG Nova program

TechCrunch

Artificial intelligence-powered remote patient monitoring wearable technology. ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies. HEXA – Unique immersive OS with 3D tech stack to create, manage, display and analyze 3D projects.

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Tractable raises $60M at a $1B valuation to make damage appraisals using AI

TechCrunch

Tractable , which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60 million, a Series D that values Tractable at $1 billion, the company said. Hover secures $60M for 3D imaging to assess and fix properties.

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Data Labeling in Machine Learning: Process, Types, and Best Practices

Altexsoft

When people hear about artificial intelligence, deep learning, and machine learning , many think of movie-like robots that resemble or even outperform human intelligence. Others believe that such machines simply consume information and learn from it by themselves. What is data labeling?

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CommonGround raises $25M for immersive video avatar technology that doesn’t rely on VR gear

TechCrunch

We think moving video conferencing from 2D to 3D could even make it better than face-to-face.” Based around machine learning, CommonGround’s platform is theoretically learning all the time from its users: The more you use it, the more you train it and the more accurate it becomes.

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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.