Robotics investments in January 2019 have crossed a minimum of $644 million worldwide, armed with a total of 25 robotics transactions. The $644 million raised in January is lower than the funding into this industry raised in December in tune of $652.7 million. One of the biggest investments in January that is $104 million Series A has been made into the Beijing Auto AI Technology Co. of China. Other notable investments in January 2019 into Robotics include the $100 million JV into Ekso Bionics Holdings Inc. and a $59.61 million Series B funding into China-based NASN Automotive Electronics Co. Here are the Top 10 Investments that ruled the Robotics Technologies space in January 2019.
Deploying AI-imbued apps and services isn't as challenging as it used to be, thanks to offerings like IBM's Watson Studio (previously Data Science Experience). Watson Studio, which debuted in 2017 after a 12-month beta period, provides an environment and tools that help to analyze, visualize, cleanse, and shape data; to ingest streaming data; and to train and optimize machine learning models in real time. And today, it's becoming even more capable with the launch of AutoAI, a set of features designed to automate tasks associated with orchestrating AI in enterprise environments. "IBM has been working closely with clients as they chart their paths to AI, and one of the first challenges many face is data prep -- a foundational step in AI," said general manager of IBM Data and AI Rob Thomas in a statement. "We have seen that complexity of data infrastructures can be daunting to the most sophisticated companies, but it can be overwhelming for those with little to no technical resources. The automation capabilities we're putting Watson Studio are designed to smooth the process and help clients start building machine learning models and experiments faster."
For years, the sheer messiness of data slowed efforts to launch artificial intelligence (A.I.) and machine learning projects. Companies weren't willing to wait a year or two while data analysts cleaned up a massive dataset, and executives sometimes had a hard time trusting the outputs of a platform or tool built on messy data. Data pre-processing is a well-established art, and there are many tech pros out there who specialize in tweaking datasets for maximum validity, accuracy, and completeness. It's a tough job, and someone has to do it (usually with the assistance of tools, as well as specialized libraries such as Pandas). But now IBM is trying to apply A.I. to this issue, via new data prep tools within AutoAI, itself a tool within the cloud-based Watson Studio.
A popular Taiwan-based YouTuber, famous for his movie recap videos, is facing a lawsuit against local studios, which are accusing him of copyright infringement. Chung Wei-ding, more famously known as AmoGood (谷阿莫), makes videos of big screen films, where he often humourously summarises their plot with quick-speaking voiceover. He's done parodies of local films, as well as Hollywood blockbusters like 50 Shades of Grey and Guardians of the Galaxy. This one, in his typical style, is titled "Watch Guardians of the Galaxy in 5 minutes." AmoGood has over 990,000 subscribers, who often virally share his creations on social media.
Last year, we announced Snap ML, a python-based machine learning framework that is designed to be a high-performance machine learning software framework. Snap ML is bundled as part of the WML Community Edition or WML CE (aka PowerAI) software distribution that is available for free on Power systems. The first release of Snap ML enabled GPU-acceleration of generalized linear models (GLMs) and also enabled scaling these models to multiple GPUs and multiple servers. GLMs are popular machine learning algorithms, which include logistic regression, linear regression, ridge and lasso regression, and support vector machines (SVMs). Our previous blog showed that Logistic Regression using Snap ML is 46 times faster than other methods, which rely on CPUs alone.