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Jerry raises $75M at a $450M valuation to build a car ownership 'super app' – TechCrunch

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Just months after raising $28 million, Jerry announced today that it has raised $75 million in a Series C round that values the company at $450 million. Existing backer Goodwater Capital doubled down on its investment in Jerry, leading the "oversubscribed" round. Bow Capital, Kamerra, Highland Capital Partners and Park West Asset Management also participated in the financing, which brings Jerry's total raised to $132 million since its 2017 inception. Goodwater Capital also led the startup's Series B earlier this year. Jerry's new valuation is about "4x" that of the company at its Series B round, according to co-founder and CEO Art Agrawal.


Peer into the eyes of Cyberdog – TechCrunch

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When someone mentioned to me that Xiaomi was launching its own "robot dog," my mind immediately went to Sony's Aibo. And honestly, it would have been difficult to be more wrong. Now that the news has been out for a few days, the company's heard all of your bad Black Mirror jokes, don't worry. And, honestly, the Chinese hardware maker didn't do itself any favors with the design here. Boston Dynamics has done a lot to imbue its quadrupedal robots with personality, through design language and viral videos of Spot and company busting a move to the Dirty Dancing soundtrack.


Artificial Intelligence (AI) in Healthcare Market Latest Trends, Demand and Advancement 2021 to 2028

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Based on application, the artificial intelligence in healthcare market is segmented into robot assisted surgery, virtual assistants, administrative workflow assistants, connected machines, diagnosis, clinical trials, fraud detection, cybersecurity, dosage error reduction, and others. The clinical trials segment held the largest market share in 2019, and the robot assisted surgery segment is estimated to register the highest CAGR during the forecast period. Rising adoption of robotic surgeries due to better surgical outcomes offer lucrative opportunities for the growth of robotic assisted surgery segment. Microsoft, Koninklijke Philips N.V., Intel Corporation, General Electric Company, Alphabet Inc., NVIDIA CORPORATION, Nuance Communications, Inc., Siemens Healthineers AG, Arterys Inc., and Johnson & Johnson Services, Inc. are among the leading companies operating in the artificial intelligence in healthcare market. The artificial intelligence in healthcare market is expected to witness substantial growth post-pandemic.


Audi's Skysphere electric concept car can change size and has a retractable steering wheel

Daily Mail - Science & tech

German automaker Audi unveiled its sleek new concept car, Skysphere, which can shift size depending on the driving mode and has a retractable steering column. In a release, the Volkswagen-owned car manufacturer boasted Skysphere was'two vehicles in one': A 623-horsepower sports car that can go from zero to 60 mph in 4 seconds and a'grand touring' (GT) auto that expands the cabin about 10 inches for a roomier ride. In GT mode, the Skysphere is designed to be a Level 4 autonomous vehicle, according to Audi, 'meaning in certain defined road and traffic situations, the driver can delegate complete responsibility to the car and no longer has to intervene.' The luxury auto's rear-mounted electric motor has a range of about 310 miles before it needs a charge. 'This is not rather a car, it's an experience device,' Audi CEO Henrik Wenders, said at the unveiling Tuesday at 2021 Monterey Car Week on Tuesday.


This new AI tool from Google could change the way we search online

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What does the future of internet search look like? Google envisions it as looking more like a casual conversation with a friend. While Google's search engine has been online for over two decades, the technology that powers it has been constantly evolving. Recently, the company announced a new artificial-intelligence system called MUM, which stands for Multitask Unified Model. MUM is designed to pick up the subtleties and nuances of human language at a global scale, which could help users find information they search for more easily or allow them to ask more abstract questions.


Deepbrain boosts AI-powered virtual avatars with $44M raise

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All the sessions from Transform 2021 are available on-demand now. Deepbrain AI (formerly Moneybrain), a conversational AI startup based in Seoul, South Korea, has raised $44 million in a series B round led by Korea Development Bank at a post-money valuation of $180 million. The capital will be used to expand the company's customer base and operations globally, CEO Eric Jang said in a statement, with a particular emphasis on the U.S. Deepbrain provides a range of AI-powered customer service products, but its focus is on "synthetic humans," or human-like avatars that respond to natural language questions. Because the pandemic makes online meetups a regular occurrence, the concept of "virtual people" is gaining steam. Startups including Soul Machines, Brud, Wave, Samsung-backed STAR Labs, the AI Foundation, and Deepbrain aim to will a sort of "metaverse" into existence by pursuing AI techniques that can mimic the experience of speaking with a human being (for example, a support agent).


Apple defends scanning iPhones for child abuse images, saying algorithm only identifies flagged pics

Daily Mail - Science & tech

Apple is pushing back against criticism over its plan to scan photos on users iPhones and in iCloud storage in search of child sexual abuse images. In a Frequently Asked Questions document focusing on its'Expanded Protections for Children,' Apple insisted its system couldn't be exploited to seek out images related to anything other than child sexual abuse material (CSAM). The system will not scan photo albums, Apple says, but rather looks for matches based on a database of'hashes' - a type of digital fingerprint - of known CSAM images provided by child safety organizations. While privacy advocacies worry about'false positives, Apple boasted that'the likelihood that the system would incorrectly flag any given account is less than one in one trillion per year.' Apple also claims it would'refuse any such demands' from government agencies, in the US or abroad.


Stellar Cyber and BlackBerry Partner to Deliver AI-Powered, End-to-End Security

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SANTA CLARA, Calif., August 02, 2021--(BUSINESS WIRE)--Stellar Cyber, the leading next-generation security operations platform, announced today that it has partnered with BlackBerry to accelerate adoption of AI-powered security solutions for enterprises and managed security service providers (MSSPs). Both companies are pioneers in using AI and machine learning to eliminate signatures and manual scripts from security solutions, and they are going to market together as a catalyst for AI-based security adoption worldwide by offering an integrated solution that combines BlackBerry's prevention-first AI-driven Unified Endpoint Security offerings with Stellar Cyber's security operations platform. BlackBerry has redefined what an endpoint protection solution can and should do for organizations by utilizing an AI-driven, prevention-first approach. Stellar Cyber pioneered adding AI to the security operations environments, helping to eliminate manual rule creation and management. By joining together in the marketplace, they offer enterprises and MSSPs higher efficiency, a lower rate of false positives, and significantly better protection against today's multi-layered cyberattacks.


Appian acquires process mining company Lana Labs

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All the sessions from Transform 2021 are available on-demand now. Low-code automation platform Appian today announced that it acquired Lana Labs, a process mining company, for an undisclosed amount. Appian says that with the addition of Lana, it'll be able to deliver actionable and continuous process optimization with people, systems, and data in the same workflow. Digital transformation and the ability to adapt quickly are critical in today's business environment. That's why a growing number of companies are adopting process mining, a family of techniques that support the analysis of operational processes of event logs, with the goal of turning event data into insights and actions.


AgroScout Raises $7.5 Million to Expand its AI-based Agronomy Analytics Service

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The AgroScout platform collects data to create powerful analytics for actionable insights in crop management. AgroScout monitors the crop from emergence stand count, through canopy coverage estimates, and plant biomass, throughout the season. AgroScout announced today that it has completed a Series A investment round of $7.5 million to expedite the development of its AI cloud platform for remote agronomy, and to increase its accessibility to the 500 million mostly unserved farms worldwide. The platform allows all growers - from the biggest to the smallest - to efficiently comply with the rising demand for sustainable crop protection and carbon accountability. The investment round was led by Kibbutz Yotvata.