Found in Robotics News & Content, with a score of 12.45
April 14, 2022
…Investment Ltd. led Haomo.AI's Series A+ round, with participation by existing investor Shoucheng Holdings Ltd. Past investors include Meituan, Qualcomm Ventures, and GL Ventures. “Haomo is the most promising autonomous driving company in China, with proprietary core technologies,” said Liu Jian, chairman of Bank of China Group Investment, the direct investment arm of state-owned financial conglomerate Bank of China. “We expect the company, guided by its windmill strategy, to realize a virtuous circle of data, technology, and products through mass production and shipment and establishment of the MANA data intelligence system,” Liu added. Since the completion of this Series A+…
Found in Robotics News & Content, with a score of 40.27
March 14, 2022
…are working together under a new agreement devised by Qualcomm Technologies, Inc., BMW Group, and Arriver Software to develop a scalable autonomous driving platform. The cooperation combines BMW’s autonomous driving (AD) technology, Arriver’s Vision Perception and New Car Assessment Program (NCAP) policy products, and Qualcomm’s chips, the companies said. A common goal They will focus on SAE Level 2 advanced driver-assistance systems (ADAS), SAE Level 3 automated driving functionalities, and NCAP solutions. The companies will build on top of BMW’s automated driving technology stack, which it launched in 2021 with the release of the BMW iX. The global ADAS market…
Found in Robotics News & Content, with a score of 10.04
March 14, 2022
…the Low-Power Computer Vision Challenge), outperforming teams from MIT, Qualcomm, Amazon, and others. ENOT has raised unspecified seed funding from New Nordic Venture. ENOT intends to cut computing costs ENOT.ai said its framework takes a trained neural network as input, after which it selects the sub-network with the lowest latency to ensure no accuracy degradation. The company said its neural architecture selection technology can achieve optimization ratios resulting in acceleration up to 20x and compression up to 25x. This can outperform other methods and reduce total hardware computing resource costs by as much as 70%, it claimed. ENOT explained that…
Found in Robotics News & Content, with a score of 42.40
February 28, 2022
Zyter Inc. today said it has collaborated with Qualcomm Technologies Inc. to support the demonstration of 5G private networks. The partners said they will provide network management services, a user interface/dashboard, and three initial applications. “Applications like lidar-based analytics require high-bandwidth, low-latency networks that can potentially support thousands of devices, render images in 3D, or enable autonomous mobile robots to react in milliseconds,” said Sanjay Govil, founder and CEO of Zyter. “The combination of Qualcomm Technologies’ platforms for 5G private networks with Zyter’s leading-edge applications offer a world of new possibilities for organizations that want more performance, ownership and control.”…
Found in Robotics News & Content, with a score of 24.82
December 23, 2021
…ranging from SUVs to commercial trucks. Source: GWM Meituan, Qualcomm help create new unicorn With its Series A round, Haomo said it has achieved “unicorn” status, with a valuation of more than $1 billion. Participants included Meituan; GL Ventures, which is Hillhouse Capital’s early-stage investment unit; Qualcomm Ventures; Hong Kong-listed Shoucheng Holdings Ltd.; and JZ Capital. Haomo said it plans to use its latest funding on research and development, as well as building its pool of talent. In February, the company raised “hundreds of millions of yuan” from Shougang Fund, Meituan, and GL Ventures. “We are very optimistic about the…
Found in Robotics News & Content, with a score of 18.84
December 14, 2021
…led ForwardX's initial Series C round, with contributions from Qualcomm Ventures and Starlight Capital. Only seven months after the closure of its $63 million Series B round, the latest funding brings ForwardX to approximately $100 million in total investment since its founding in 2016. “As a result of the continuous increase in labor costs and the steady advancement of artificial intelligence, the trend towards robotics investment is becoming more and more pronounced, particularly towards systems focused on automating the repetitive, physical tasks seen in low-skill material handling work,” said Wei Wei, investment director at Taikang Asset Management. “ForwardX’s team possesses…
Found in Robotics News & Content, with a score of 12.04
November 18, 2021
…spaces. The Dronut X1 pilot assist – powered by Qualcomm Snapdragon – is designed to make flying easier and safer, allowing the operator to focus on collecting the data they need instead of manually managing the drone’s flight. It can operate around sensitive equipment and in low-light conditions. Dronut goes where no drone has gone before For industrial and commercial applications, the Dronut X1 now enables unmanned inspections of dangerous and confined spaces where no drone or robot could previously go, such as tanks, pressure vessels, and crawl spaces, said Cleo Robotics. The Dronut X1 is a portable, rugged and…
Found in Robotics News & Content, with a score of 18.38
November 03, 2021
…company claimed. San Diego, Calif.-based ModalAI spun out of Qualcomm Technologies Inc. in 2018 and uses more than five years of prior research in the drone and robotics markets. The company said it accelerates the development of smaller, smarter and safer drones with SWAP-optimized Blue UAS Framework autopilots built in the U.S. From home and business security to retail and government applications, ModalAI said its highly integrated AI-powered modules enable a variety of industries to use aerial and ground autonomous navigation systems that communicate on 4G and 5G cellular networks. VOXL CAM offers computing, navigation in one package The VOXL…
Found in Robotics News & Content, with a score of 11.79
November 02, 2021
…N.Y.; and Boulder, Colo. Fotokite is backed by MSA Safety Inc., Swisscanto Invest, Credit Suisse Entrepreneur Capital, Sony Corp., Qualcomm Ventures, and 360 Capital Partners. For information on pricing and availability, contact [email protected] or visit https://www.axon.com/products/axon-air/fotokite.
Found in Robotics News & Content, with a score of 40.97
October 25, 2021
…San Diego. It will be equipped with products from Qualcomm Technologies Inc. High turnover and a severe labor shortage are affecting warehouse operations, while demand reaches record highs, driven by e-commerce growth, noted Zyter. The warehouse and transportation industry had a record 490,000 openings in July, and the U.S. Bureau of Labor Statistics has reported that turnover in warehousing has grown from 40% to nearly 60% over a five-year period. “This smart warehouse project exemplifies how Qualcomm Technologies and its IoT ecosystem are essential to enabling the global digital transformation of many different industries,” stated Sanjay Govil, founder and CEO…
Found in Robotics News & Content, with a score of 6.72
October 12, 2021
…top of their stuff.” At launch, ecosystem members include Qualcomm Technologies, 634 AI, Digital Keystone, Ekumen, Mapped, Meili Robots, Next Generation Robotics, OLogic, WiBotic, and Zan Compute. Additional collaborations are in the works, said InOrbit. Source: InOrbit Ecosystem examples “For example, we've been working with Oualcomm for some time, and we can now say that their RB5 platform is part of our ecosystem, and we're part of theirs,” Pestoni said. “It's now optimized for robotics and artificial intelligence, and operations can connect through Wi-Fi 6 and 5G.” “As a single interface into enterprise robot operations, InOrbit provides the tools needed…
Found in Robotics Companies & Businesses, with a score of 68.77
August 17, 2021
Qualcomm claims to be the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When it connected the phone to the Internet, the mobile revolution was born, said the company. Today, its technologies are found in every 3G, 4G and 5G smartphone. Qualcomm said it brings the benefits of mobile to new industries, including automotive, the Internet of Things, and computing, and is leading the way to a world where everything and everyone can communicate and interact seamlessly.
