Computers are now excellent at recognizing images of human faces, cats and dogs — but struggle when it comes to detecting continuous actions, for example determining if a character in a video might be “dancing the tango.” Computers also fall short in detecting nuanced expressions of human emotions.
Shanghai-based Tianrang Intelligence announced today that it has secured over US$26 million in Series A funding led by CMB International Capital and Gaorong Capital, with Ziniu Fund and Wacai Technology also participating. The two-year-old startup is working on general artificial intelligence solutions and will use the new funding to create a “City Brain Lab.”
Guangzhou-based Xiaopeng Motors (Xpeng) announced today that it had scored CN¥4 billion (US$585 million) in its Series B+ funding round. This is the largest 2018 single-round funding total among Chinese Electric Vehicle startups (NIO, Byton, WM Motor, etc.), and pushes Xpeng’s valuation to CN¥25 billion (US$3.66 billion).
Chinese IoT startup Tuya Smart has completed its Series C funding with nearly US$200 million, led by Future Fund, NEA, China Broadband Capital, Quadrille Capital and C.M.Capital. The company will apply the funds to its AI+IoT, Smart City, Smart Business and Smart Home technologies.
Xilinx, the world’s leading designer and supplier of programmable logic devices, today announced its acquisition of DeePhi Tech — a Beijing-based chip startup with a focus on machine learning, specializing in deep compression, pruning, and system-level optimization for neural networks.
Innoviz is a two-year-old Israeli provider of LiDAR remote sensing solutions. The company took a leap forward in the solid state LiDAR field recently by scoring a couple of important partnerships: BMW chose solid-state Innoviz LiDAR sensors and computer vision tech to enable its Level 3-5 autonomous vehicles in April…
OneClick.ai, a startup founded by two former Microsoft engineers in Seattle, is on a mission to make AI more accessible to businesses. “We design, build and deploy custom AI models as a scalable API that can be accessed from anywhere. Just prepare your data, and we’ll take care of the rest,” says co-founder and CTO Ning Jiang.
A business data search firm is bombarding China’s subways and business centres with ads. TianYanCha — literally SkyEye Search — has become the “go to” source for governments, consulting agencies, legal service providers, and media outlets who want to perform comprehensive business background checks.
Cambricon Technologies announced today that it has secured hundreds of million dollars in its Series B funding round, with investments from China’s State-owned Capital Venture, SDIC Venture Capital, China Capital Investment Group, TCL Capital, CITIC Securities, Alibaba VC, Lenovo Capital & Incubator Group and others.
Paige.AI is a New York-based startup that fights cancer with AI. Launched last month as a spinoff from the Memorial Sloan Kettering Cancer Center (MSK) — the largest cancer research institute in the US — Paige.AI has exclusive access to MSK’s IP in the field of computational pathology as well as its dataset of 25 million pathology cancer images (“slides”).
DataVisor is a Mountain View, California based anti-fraud startup that uses AI to detect fake accounts, prevent money laundering, and protect financial institutions from credit scams. The company offers clients its DataVisor APIs for real-time data connection, and a specialized UI for direct results.