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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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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

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You Need To Know How Disruptive Artificial Intelligence Is?

OTS Solutions

You Need To Know How Disruptive Artificial Intelligence Is? There are so many technologies powering digital transformation, but one of the most technologies is disruptive artificial intelligence. But people are more sensitive to how artificial intelligence is threatening to automate entire job roles.

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

TechCrunch

“There is Zoom and there are phone calls, but we think there is a big aspect of remote meetings [not being addressed by technology today],” said Bassan-Eskenazi. Between them, Bassan-Eskenazi and Oz have started seven companies, had three IPOs, two exits and won two Emmy awards for streaming technology.

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AI Transformation in Automotive is Not Just Autonomous Vehicles

Perficient

For many, the idea of AI in the automotive industry brought up images of autonomous (self-driving) vehicles. These vehicles are certainly one of the more visible applications of the technology, but there is so much more behind the scenes and under the proverbial hood. What is a digital twin?

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8 Ways Chatbots Are Transforming Automotive Brands

Daffodil Software

Automotive brands need to make their customer journey more personalized and innovative to maintain a competitive edge in the market. Artificial Intelligence (AI)-based chatbots have become the go-to technological innovation for these brands to make the end-user experience a notch above the rest.

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JLR revs up AI and intelligent automation initiatives

CIO

Anthony Battle is leaning heavily on AI and IA — artificial intelligence and intelligent automation — to deliver digital transformation at luxury auto maker Jaguar Land Rover. Battle joined JLR as group chief digital and information officer in February 2022, after a long career managing IT for a succession of oil companies.