If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Get ready to see more robots cruising the aisles at stores. Bossa Nova Robotics just raised $17.5 million to help it build out its line of inventory-scanning retail robots. The funding round comes fresh off of a deal the startup inked with Walmart last month that will put Bossa Nova's automated store clerks in 50 of the big-box chain's stores. Investors behind the round include Intel Capital, WRV Capital, and Lucas Venture Group. The news brings Bossa Nova's total funding to date to $41.7 million.
Bossa Nova, which makes autonomous shelf-scanning service robots for retail customers, just closed a $17.5 million Series B round. That brings Bossa Nova's total funding to $41.7 million. The funding announcement comes on the heels of a recently-announced partnership with Wal-Mart, which is testing Bossa Nova's autonomous inventory-scanning robots at 50 stores. The days of the shop clerk with the scanner gun could be numbered. Bossa Nova is positioning itself well.