Recogni raises $48.9 million for AI-powered perception chips

By VentureBeat - 2021-02-17
Meet ad creative Join Transform 2021 for the most important themes in enterprise AI & Data. In the future, the company plans to pivot to platforms for level 3 vehicles that can steer, accelerate or decelerate, and pass other cars without human input and level 4 cars that can largely drive themselves without human intervention, with the goal of eventually enabling cars that can do anything a human driver can do. Strictly vision-based approaches to autonomous driving are by no stretch universally lauded, but they’re advocated by Intel’s Mobileye, which is developing a custom accelerator processor chip that offers 360-degree coverage, courtesy of proprietary algorithms, cameras, and ultrasonic. Beyond San Jose, Recogni has operations in Munich and its Cupertino headquarters.

 

Topics

  1. Backend (0.17)
  2. Stock (0.15)
  3. Security (0.13)

Similar Articles

AI in Healthcare: A review of innovative startups

By KDnuggets - 2020-12-15

The AI innovation in healthcare has been overwhelming with the Global Healthcare AI Market accounting for $0.95 billion in 2017, and is expected to reach $19.25 billion by 2026. What drives this vibra ...

How AI Will Impact Organizational Structures

By Medium - 2019-04-08

Artificial Intelligence is necessitating changing organizational structures and the creation of new roles, just as the internet did post-Netscape. The first International Conference on the World Wide…

Machine Learning in Fintech - Demystified

By datasciencecentral - 2020-11-24

Abstract – Big data helps to make strategy for future and understand user behaviors. In 1959, Arther Samuel gave very simple definition of Machine Learning as…