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Markforged acquires Digital Metal for $40M as 3D printing space continues to evolve

TechCrunch

Infusing Digital Metal’s solution into The Digital Forge platform allows us to address new applications in the medical, automotive, luxury goods and other industries,” said Shai Terem, president and CEO of Markforged. “The Digital Metal team has created a robust and scalable solution that complements our existing technologies.

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LG announces the first 50 participants in its LG Nova program

TechCrunch

ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies. echo3D – Cloud platform for 3D/AR/VR that provides tools and network infrastructure to help quickly build and deploy 3D/metaverse apps, games and content. Tanvas, Inc.

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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.” Whether the idea really catches on with businesses and is as scalable as CommonGround believes it could be are still bets that have yet to come good, but investors have been interested not least because of the pedigree of the founders.

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Conversations with Chief Innovators: Audi Business Innovation

Modus Create

It is creating a customer-centric digital ecosystem in the automotive industry. 3D rendering using Automotive Visualization Platform , developed by ABI. Automotive industry is highly regulated with long lead times. This is not a scalable approach. How do you innovate in such an environment?

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ConocoPhillips goes global with digital twins

CIO

My background is in aerospace and automotive,” Mathur says. Every time you build a car or a plane, you have a virtual representation of everything, whether it’s a 2D or 3D design, and I equated that to a digital twin.” Once the company selected its preferred technology, Mathur and her team developed a common data integration layer.

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Datagen raises $50 million Series B to empower computer vision teams

TechCrunch

This gives Datagen a more scalable way to help clients generate the visual data that they need to train their computer vision applications. In-cabin automotive is a good example to better understand what Datagen does. The term refers to what happens inside a car, such as whether or not the passenger is wearing a seatbelt.

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Tapping high-performance computing for new business value

CIO

The convergence of HPC with AI-based analytics is impacting nearly every industry and across a wide range of applications, including space exploration, drug discovery, financial modeling, automotive design, and systems engineering. HPC is everywhere, but you don’t think about it, because it’s hidden at the core.”