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Generative AI Chip Designer Recogni Locks Up $102M

Crunchbase News

The San Jose, California-based firm, which is developing its AI inference chip for both the generative AI and automotive industries, raised a $102 million Series C co-led by Celesta Capital and GreatPoint Ventures. Chip funding U.S.-based Last year such startups saw only $1.2

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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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Aptiv’s latest investment shows that software-defined vehicles are here to stay

TechCrunch

TTTech Auto, a Vienna-based automotive safety software provider, is one such company. TTTech Auto just scored the backing of major Tier 1 automotive tech supplier Aptiv, a sign of the supplier’s deepening interest in tech that facilitates advanced driver assistance systems (ADAS).

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Simplify debugging to reduce the complexity of embedded system development

TechCrunch

Nicolas Rabault is co-founder and CEO of Luos, an open source startup that helps users develop scalable edge and embedded distributed software. For instance, it is estimated that the average complexity of software projects in the automotive industry has increased by 300% over the past decade.

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XOps: Your AI Assembly Line for Safeguarding Long-Term IP

Dataiku

Organizations are moving beyond mere pilot projects and proof of concepts, much like the automotive industry's shift from custom-made vehicles to standardized assembly lines that promote efficiency and scalability.

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Project Eaden’s fiber technology poised to spin threads into whole cuts of ‘meat’

TechCrunch

Project Eaden produces edible plant-based protein fibers, similar to those already being used by the textiles, aerospace and automotive industries, that mimic the texture and appearance of animal meats. regulators are still developing how the alternative protein industry will be labeled and monitored.

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Deliver an OEM Parts Program That Captures Customers for a Lifetime

Perficient

OEMs (original equipment manufacturers) and their dealerships have a longstanding partnership that has built a robust automotive industry in the United States. Today’s automotive shopper explores 12 brands, considers 6 brands, and will decide between 2 brands, demonstrating how important it is to create lifetime value.