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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) …

Inceptio Technology raises $270M for autonomous trucking tech

#artificialintelligenceAug-4-2021, 08:55:15 GMT

Inceptio Technology, a China-based developer of autonomous trucking technology, raised a $270 million Series B round of funding. Inceptio said the funding will allow it to accelerate the development of its full-stack autonomous driving system called "Xuanyuan" and speed up its deployment in electrification. Inceptio, which was founded in 2018, has raised approximately $490 million to date. It raised a $100 million Series A round in April 2020, followed by an additional $100 million in November 2020. The Series B round was led by JD Logistics, Meituan, and PAG.

artificial intelligence, autonomous truck, inceptio, (6 more...)

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Country: Asia > China (0.37)

Industry:

Transportation > Ground > Road (1.00)
Banking & Finance > Capital Markets (1.00)

Technology: Information Technology > Artificial Intelligence > Robots > Autonomous Vehicles (1.00)

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