MLOps platform Landing AI raises $57M to help manufacturers adopt computer vision
Learn more about what comes next. Palo Alto, California-based Landing AI, the AI startup led by Andrew Ng -- the cofounder of Google Brain, one of Google's AI research divisions -- today announced that it raised $57 million in a series A funding round led by McRock Capital. In addition, Insight Partners, Taiwania Capital, Canadian Pension Plan Investment Board, Intel Capital, Samsung Catalyst Fund, Far Eastern Group's DRIVE Catalyst, Walsin Lihwa, and AI Fund participated, bringing Landing AI's total raised to around $100 million. The increased use of AI in manufacturing is dovetailing with the broader corporate sector's embrace of digitization. According to Google Cloud, 76% of manufacturing companies turned to data and analytics, cloud, and AI technologies due to the pandemic.
Nov-9-2021, 03:40:58 GMT
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