article thumbnail

Covariant, MassRobotics and The Engine discuss the road from lab to market at TC Sessions: Robotics

TechCrunch

It’s a long road taking an idea from the R&D stage in a lab to successful commercialization, especially when you’re talking about technologies as complex and costly as robotics and artificial intelligence. At Tesla, Werner led the new product introduction team and helped launch the Model S powertrain and Model X.

article thumbnail

Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

TechCrunch

The investment will be used to accelerate the development and commercialization of GB’s AI and 3D vision-based “autonomous mobile robots” or “AMRs” These perform simple tasks such as transporting, picking up and dropping off products in order to free up humans to perform more valuable tasks. , Nenad Baki?

3D 140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. London-based self-driving car startup Wayve has raised $1.05 Wayve has now raised $1.3 billion, per Crunchbase.

article thumbnail

Enterprise IT moves forward — cautiously — with generative AI

CIO

And in the transportation industry, he says, “AI can directly or indirectly impact the avoidance of transport, the steering of transport, and the management of transport.” Application Management, Artificial Intelligence, CIO, Emerging Technology, IT Leadership Jeter has similar concerns. “We

article thumbnail

Armed with $19.5M, LiveEO plots a big data course between satellite geospatial information and industry

TechCrunch

million) on the back of strong demand for its tech from companies working in transportation and energy infrastructure. Today, a Berlin-based startup called LiveEO , which has built a satellite analytics platform to do just that, has raised €19 million ($19.5 ” All of this is also still a relatively new field, Przywarra added.

Big Data 228
article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals.

Budget 363
article thumbnail

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

TechCrunch

Morai’s simulator solution, called Morai SIM, gives users a variety of virtual testing scenarios with its high-definition (HD) map-based 3D simulation environments. Many autonomous vehicle companies use repetitive simulation tests to prove safety and reliability for their self-driving vehicle validation. .