Emerging Tech – SiliconANGLE

Dexory raises $19M for its robot-powered warehouse monitoring platform

Maria Deutscher — Tue, 27 Jun 2023 21:09:44 +0000

Dexory Ltd., a U.K. startup using 39-foot-tall robots to make logistics warehouses more efficient, has secured $19 million in new funding. Announced today, the Series A round was led by Atomico with participation from several returning investors. Among returning investors was the venture capital arm of logistics giant Maersk A/S. Maersk is also a customer. […]

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Breaking boundaries: How Astrolab and HPE are redefining edge computing in space

Chad Wilson — Thu, 22 Jun 2023 16:19:05 +0000

Space exploration has always captured the imagination of humanity, pushing the boundaries of what we thought was possible. In the quest to explore new frontiers, innovative partnerships are being formed to revolutionize space technology. One such partnership between Venturi Astrolab Inc., a startup specializing in planetary robotic systems, and Hewlett Packard Enterprise Co., is set […]

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Apple Vision Pro SDK out now with in-person developer labs coming next month

Kyt Dotson — Thu, 22 Jun 2023 16:05:13 +0000

Developers can get a head start on building apps for Apple Inc.’s much-anticipated mixed-reality Apple Vision Pro headset today with newly released developer tools that will allow them to develop for visionOS, the spatial operating system that it runs on. Apple unveiled the Vision Pro during its WWDC developer conference earlier this month priced at […]

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Simplifying map data: Overture releases new Data Schema and Global Entity Reference System

Duncan Riley — Wed, 14 Jun 2023 13:00:12 +0000

The Overture Maps Foundation today announced the release of the Overture Data Schema and the Overture Global Entity Reference System to aid in creating and navigating open map data. Although the name may not be well-known, the Overture Maps Foundation was established by Amazon Web Services Inc., Microsoft Corp., Meta Platforms Inc. and GPS navigator maker TomTom NV in December […]

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Percepto raises $67M for industrial inspection drone technology platform

Kyt Dotson — Mon, 12 Jun 2023 16:00:07 +0000

Autonomous drone inspection solution startup Percepto Ltd. today announced it has raised $67 million in fresh funding led by Koch Disruptive Technologies after receiving a license from the U.S. government to deploy drones remotely nationwide. The Series C funding round brings the total raised by the company to more than $120 million and includes participation […]

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Apple unveils the Vision Pro, its long-awaited $3,500 mixed reality headset

Kyt Dotson — Mon, 05 Jun 2023 21:15:27 +0000

Apple Inc. has finally made good on its much-anticipated mixed-reality headset today during the WWDC 2023 developer conference with the Vision Pro, which Chief Executive Tim Cook described as a “spatial computer.” “Today marks the beginning of a new era for computing,” said Cook. “Just as the Mac introduced us to personal computing, and iPhone […]

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Meta’s Quest 3 mixed reality headset ships this fall with a $500 price tag

Kyt Dotson — Thu, 01 Jun 2023 18:00:01 +0000

Meta Platform Inc.’s next-generation virtual and mixed reality headset, the Meta Quest 3, will launch in the fall and feature higher resolution, stronger performance, a slimmer profile and a $499.99 price tag, the company announced today. Mark Zuckerberg, chief executive of Meta, touted the upcoming device on Instagram, saying it would be the company’s “most […]

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Niantic announces major updates to its augmented reality platforms for developers

Kyt Dotson — Thu, 01 Jun 2023 16:35:18 +0000

Niantic Inc., the developer of the popular augmented reality game “Pokemon Go” and the Lightship AR platform, announced a number of major updates to its developer tools that will enable deeper integrations and hardware compatibility for extended reality software creation. The announcements today at this year’s Augmented World Expo in Santa Clara, California, a conference for […]

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Lightmatter reels in $154M for its optical interconnect and chips

Maria Deutscher — Wed, 31 May 2023 19:45:25 +0000

Lightmatter Inc., a startup with technology that allows chips to exchange data using light, has raised $154 million in new funding. The Series C round was announced this morning. It included contributions from the venture capital arms of Alphabet Inc. and Hewlett Packard Enterprise Co., as well as a number of other institutional investors. The […]

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Nvidia announces updates to the industrial metaverse

Zeus Kerravala — Tue, 30 May 2023 20:59:12 +0000

Graphics chip and artificial intelligence infrastructure provider Nvidia Corp. today used the Computex 2023 held in Taipei, Taiwan, to announce a reference workflow that uses its suite of technologies to advance the digitalization of the industrial manufacturing sector. The goal is to streamline significantly the planning, construction, operation and optimization of factories. Among other things, it’s part of a […]

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Nvidia and MediaTek partner to advance in-car technology

Duncan Riley — Mon, 29 May 2023 23:46:22 +0000

Nvidia Corp. and Taiwanese chip maker MediaTek Inc. today signed a new partnership to “bring drivers and passengers new experiences inside the car.” Announced at the COMPUTEX 2023 Expo in Taipei, the deal sees the two companies working together to bring advanced technology to automotive applications. MediaTek will develop automotive systems-on-chip that integrate Nvidia’s graphics […]

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Applied Intuition to acquire self-driving truck software company Embark for $71M

Duncan Riley — Fri, 26 May 2023 00:53:05 +0000

Autonomous vehicle software development company Applied Intuition Inc. today said it has agreed to acquire self-driving truck software company Embark Technology Inc. in an all-cash transaction for $71 million. Founded in 2016, Embark designs automotive-grade self-driving software that uses machine learning for perception while relying on a safety-redundant computing system. The company’s custom-built hardware platform, pitched as […]

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Red Hat’s innovation roadmap goes beyond the hype cycles

Gabrielle Stenzel — Thu, 25 May 2023 21:42:06 +0000

Today’s businesses are looking to do more with less. So, why is it important for technology institutions to dedicate resources for their internal teams toward innovation? Red Hat Inc., a worldwide leader in open-source modernization, has contributed progress toward unconventional solutions to help solve the larger scope of problems in the tech world. One of the […]

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Paralyzed man walks for first time in over a decade with electronic brain implants

James Farrell — Thu, 25 May 2023 01:09:58 +0000

A 40-year-old Dutch man who was paralyzed in a cycling accident in China in 2011 has walked again thanks to a brain-machine interface. Gert-Jan Oskam was told he’d never walk again after his accident, but with the help of researchers in Switzerland, he has now walked up stairs and down the street for distances of […]

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Ayar Labs reels in another $25M for its optical chip interconnect

Maria Deutscher — Wed, 24 May 2023 21:13:25 +0000

Ayar Labs Inc., a startup developing a new way of linking together chips in data centers, today announced that it has raised $25 million from investors. The funding was provided as an extension to a $130 million Series C round the startup closed last year. Capital TEN led the new investment, which is described as a […]

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AI robotics firm Figure raises $70M to build robots with a human form

Kyt Dotson — Wed, 24 May 2023 16:40:39 +0000

Looking to disrupt the industry with humanoid-style bipedal AI-driven robots, Figure AI Inc. today announced that it has raised $70 million in a Series A round led by Parkway Venture Capital to drive its vision of commercializing a robotic workforce. Most workforce robots take on specific tasks based on single-function designs that do specific tasks extremely […]

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Uber and Waymo sign partnership to enhance access to autonomous vehicles

Duncan Riley — Wed, 24 May 2023 00:05:17 +0000

Uber Technologies Inc. and Alphabet Inc.’s Waymo LLC today announced a new multiyear strategic partnership to enhance access to autonomous vehicles. Starting in Phoenix, Arizona, the collaboration will see Waymo’s autonomous driving technology, known as Waymo Driver, integrated into the Uber platform. Phoenix is one of two locations where Waymo is testing autonomous ride-hailing services, […]

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Meta reportedly in talks with Magic Leap for IP licensing and manufacturing

Duncan Riley — Mon, 22 May 2023 00:29:05 +0000

Facebook’s parent company, Meta Platforms Inc., is reportedly in talks with augmented reality startup Magic Leap Inc. as part of its pursuit of creating the metaverse. The Financial Times reported today that Meta is exploring a potential multiyear agreement with Magic Leap, focusing on intellectual property licensing and contract manufacturing in North America. The collaboration is […]

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IBM announces new 10-year, $100M quantum-centric supercomputer initiative

Duncan Riley — Sun, 21 May 2023 23:53:48 +0000

International Business Machines Corp. today announced a new 10-year, $100 million initiative with the University of Tokyo and the University of Chicago to develop a quantum-centric supercomputer powered by 100,000 qubits. A “qubit,” or quantum bit, is the fundamental unit of quantum information and is distinguished by its ability to exist in multiple states at […]

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IBM and Google commit $150M to quantum computing research

Maria Deutscher — Wed, 17 May 2023 21:11:55 +0000

IBM Corp. and Google LLC have pledged $150 million to support two universities’ quantum computing research efforts. The recipients are the University of Chicago and the University of Tokyo, the Wall Street Journal reported today. Besides financial resources, researchers will also receive access to quantum computing hardware from Google. Today’s quantum computers are capable of […]

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Sanctuary AI unveils a humanoid robot called Phoenix that’s ready to offer its ‘labor-as-a-service’

Mike Wheatley — Wed, 17 May 2023 00:39:15 +0000

Sanctuary Cognitive Systems Corp., better known as Sanctuary AI, has unveiled an incredibly humanlike and supposedly very capable general purpose robot called Phoenix that’s being billed as the first robot worker prototype. Announced today, Phoenix is a humanoid robot that runs on Sanctuary AI’s Carbon AI control system, which provides it with human-like intelligence and […]

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Wingcopter raises $44M from EU to scale drone deliveries across the globe

Kyt Dotson — Thu, 11 May 2023 20:25:23 +0000

Wingcopter GmBH, a German drone technology and services startup, today announced it has raised €40 million (about $44 million) in new funding from the European Investment Bank to expand production on its flagship drone hardware and take its delivery services into Europe and abroad. Founded in 2017, Wingcopter is the developer, manufacturer and operator of […]

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What to expect during Red Hat Summit: Join theCUBE May 23-24

Ryan Stevens — Wed, 10 May 2023 19:32:49 +0000

The information technology landscape is constantly shifting, with new trends emerging around automation for DevOps and container management, as well as serverless reemerges. Open-source transformations, in particular, are a big part of this shift. The future of open-source technology will be a main subject of discussion during this year’s Red Hat Summit in Boston. This year, […]

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UVeye, creator of an AI-powered vehicle inspection system, raises $100M in funding

Mike Wheatley — Tue, 09 May 2023 13:00:16 +0000

Automated vehicle inspection systems startup UVeye Inc. said today it has closed on a $100 million funding round led by Hanaco VC. The Series D round, which also saw participation from existing investors GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P. and various Israeli institutional investors, brings the company’s total amount raised to date […]

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LightSolver debuts ‘laser processing unit’ as alternative to quantum computing and supercomputers

Mike Wheatley — Tue, 09 May 2023 12:00:40 +0000

High-performance computing startup LightSolver Ltd. today announced what it says is the world’s first pure “laser-based processing unit,” providing businesses with an alternative to expensive supercomputers and unstable quantum computing platforms. The LightSolver LPU is designed to solve business challenges that involve multiple variables. Defined as “NP-hard optimization problems,” they traditionally require specific mathematical models […]

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Global venture capital investments drop 56% in April

Duncan Riley — Wed, 03 May 2023 11:00:50 +0000

New data released today by Crunchbase Inc. finds that global venture capital funding continued to decline in April as broader macroeconomic issues, 40-year-high interest rates and the war in Ukraine continue to disrupt global markets. In April, total global venture capital investments dropped 56% year-over-year, with the slowdown affecting all funding stages. Seed funding dropped […]

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Riverlane raises £15 million as it strives to solve quantum error correction

Mike Wheatley — Mon, 24 Apr 2023 09:12:30 +0000

British quantum engineering startup Riverlane Ltd. said today it has closed on a £15 million ($18.65 million) round of funding. The Series B round, which significantly boosts its valuation, will enable it to continue innovating until it becomes cash flow positive, the company said. Molten Ventures led the round, which also saw participation from Altair Engineering […]

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Moderna to harness IBM’s quantum computers and advanced AI models for mRNA vaccine research

Mike Wheatley — Thu, 20 Apr 2023 23:57:39 +0000

The biotechnology and pharmaceutical firm Moderna Inc., best known for its COVID-19 vaccine, said today it’s working with IBM Corp. to explore ways in which quantum computing and generative artificial intelligence can advance its mRNA technology. The two companies have signed an agreement that will allow Moderna’s scientists to access IBM’s quantum computing systems, which […]

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Thanks to Elon Musk’s electric car price war, Tesla reports lower-than-expected revenue

Duncan Riley — Thu, 20 Apr 2023 02:17:24 +0000

Shares in Tesla Inc. dropped by over 6% in late trading after the electric car and solar panel maker reported slightly lower-than-expected revenue and earnings in its fiscal first quarter. For the quarter that ended March 31, Tesla reported adjusted earnings per share of 85 cents on revenue of $23.33 billion. Analysts were expecting 86 […]

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Space communications startup Kepler raises $92M to build satellite relay network

Mike Wheatley — Fri, 14 Apr 2023 01:05:44 +0000

Canadian satellite startup Kepler Communications Inc. said today it has closed on a $92 million round of funding that will help it build out its on-orbit data network for space-based infrastructure. Today’s Series C round was led by IA Ventures, an existing investor that has backed the company since its initial seed funding round seven years […]

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