Wayve raises $20 million to give autonomous cars better AI brains

#artificialintelligence

Wayve, a U.K.-based startup that's developing artificial intelligence (AI) that teaches cars to drive autonomously using reinforcement learning, simulation, and computer vision, has raised $20 million in a series A round of funding led by Palo Alto venture capital (VC) firm Eclipse Ventures, with participation from Balderton Capital, Compound Ventures, Fly Ventures, and First Minute Capital. Several notable angel investors also participated in the round, including Uber's chief scientist Zoubin Ghahramani and Pieter Abbeel, a UC Berkeley robotics professor and pioneer of deep reinforcement learning. Founded out of Cambridge, U.K., in 2017, Wayve's core premise is that the big breakthrough in self-driving cars will come from better AI brains rather than more sensors or "hand-coded" rules. The company said that it trains its autonomous driving system using simulated environments and then transfers that knowledge into the real world, where it emulates how humans adapt to conditions in real time. Wayve's systems learn from each safety driver intervention to understand why the driver had to intervene, bypassing HD maps, lidar, and other sensors that have become synonymous with the burgeoning autonomous vehicle movement.


Elon Musk, DeepMind and AI researchers promise not to develop robot killing machines

The Independent - Tech

Elon Musk and many of the world's most respected artificial intelligence researchers have committed not to build autonomous killer robots. The public pledge not to make any "lethal autonomous weapons" comes amid increasing concern about how machine learning and AI will be used on the battlefields of the future. The signatories to the new pledge – which includes the founders of DeepMind, a founder of Skype, and leading academics from across the industry – promise that they will not allow the technology they create to be used to help create killing machines. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.


Visteon's Silicon Valley Technical Center to Lead Development of Artificial Intelligence for Autonomous Vehicles

#artificialintelligence

"Most current advanced driver assistance systems based on radar and cameras are not capable of accurately detecting and classifying objects – such as cars, pedestrians or bicycles – at a level required for autonomous driving," said Sachin Lawande, president and CEO of Visteon, a leading global cockpit electronics supplier. "We need to achieve virtually 100 percent accuracy for autonomous driving, which will require innovative solutions based on deep machine learning technology. Our Silicon Valley team, with its focus on machine learning software development, will be a critical part of our autonomous driving technology initiative." Visteon's recently opened facility in the heart of Silicon Valley will house a team of engineers specializing in artificial intelligence and machine learning. The center is located close to the West Coast offices of various automakers and tech companies, as well as Stanford University and the University of California, Berkeley – two of the leading universities for artificial intelligence and deep learning in the U.S. In addition to leading Visteon's artificial intelligence efforts, the Silicon Valley office will play a key role in delivering control systems, localization and vision processing – interpreting live camera data and converting it to information required for autonomous driving.


Autonomous Cars, LiDAR, and Artificial Intelligence, Oh, My! A Look at CES 2017

#artificialintelligence

The Consumer Electronics Show, one of the world's tentpole technology shows, is a flashy vehicle for the engineering underneath. In the world of chipsets, the show was dominated by Nvidia, one of many companies seeking to power the artificial intelligence in next-generation cars and image processors. There were also plenty of opportunities for component manufacturers to find places in the flashy new cars and fleets that dominated some of the show floors. Chipmakers and sensor manufacturers are also keeping an eye on what customers want in the automotive space. Just seven states – Nevada, California, Florida, Michigan, Hawaii, Washington, and Tennessee -- and the District of Columbia have passed bills related to autonomous driving.


Nvidia Beats Earnings Estimates As Its Artificial Intelligence Business Keeps On Booming

#artificialintelligence

Nvidia CEO Jen-Hsun Huang introducing the Nvidia Spot, a USD 49.95 microphone and speaker that will let owners use Google Assistant anywhere in a home, at the company's CES 2017 keynote (Photo by Ethan Miller/Getty Images) Nvidia continued to see demand for its graphics processors in the emerging world of artificial intelligence in its fourth quarter earnings reported Thursday. In its fourth quarter earnings release, the Santa Clara, Calif.-based company reported revenue of $2.17 billion, up 55% year over year, on earnings per share of $1.13, up 117% a year ago. Wall Street analysts estimated $2.11 billion in revenue on EPS of 83 cents. Traditionally, the company's processors have been mostly used to power the latest gaming graphics, but the chips have become popular to run AI software in the data center and autonomous vehicles. A specific branch of AI, called deep learning, is where Nvidia's processors particularly shine.