kebotix
Top AI Investments and Funding in April 2020
Recent reports indicate Artificial Intelligence (AI) investment will reach an all-time high with even'traditional industries' jumping on board. It is also indicated that these industries will gain the greatest impact from the implementation of AI versus industries that are already highly data-driven or using advanced technology. The study suggests that, although AI technologies currently account for US$12.4 billion (around £9.40 billion) of global investment, this number will skyrocket in the next three years, with 40 percent of executives expected to increase their AI investments by 20 percent or more. Even, in current times as well we can see millions of dollars of investment in AI. Therefore, we have enlisted the top 10 AI investments and funding of April 2020.
- North America > United States > California > San Francisco County > San Francisco (0.15)
- Europe (0.05)
- North America > Canada > Ontario > Toronto (0.05)
- Asia (0.05)
- Banking & Finance > Capital Markets (1.00)
- Automobiles & Trucks > Manufacturer (0.70)
- Health & Medicine > Health Care Technology > Telehealth (0.49)
A robot scientist will dream up new materials to advance computing and fight pollution
In a laboratory that overlooks a busy shopping street in Cambridge, Massachusetts, a robot is attempting to create new materials. A robot arm dips a pipette into a dish and transfers a tiny amount of bright liquid into one of many receptacles sitting in front of another machine. When all the samples are ready, the second machine tests their optical properties, and the results are fed to a computer that controls the arm. Software analyzes the results of these experiments, formulates a few hypotheses, and then starts the process over again. The setup, developed by a startup called Kebotix, hints at how machine learning and robotic automation may be poised to revolutionize materials science in coming years.
- North America > United States > Massachusetts > Middlesex County > Cambridge (0.25)
- North America > United States > California > San Francisco County > San Francisco (0.16)
- North America > Canada > Ontario > Toronto (0.16)
Artificial Intelligence and Robotics for Materials Innovation - Advanced Science News
Kebotix, a technology company ushering in the future of new materials discovery, came out of stealth mode with a $5 million seed round led by One Way Ventures. Investors also include Baidu Ventures, an independent venture fund with backing and resources from Baidu; Boston-based Flybridge Capital Partners; Los Angeles-based Embark Ventures; Norway-based Propagator Ventures; and New York-based WorldQuant Ventures. Developing the world's first self-driving lab for materials discovery powered by artificial intelligence (AI) and robotics, Kebotix is committed to accelerating the exploration, discovery, applications, and production of new molecules and materials. "We are building the materials company of the 21st century because how scientists discover new materials has not evolved since the 18th century," said CEO Dr. Jill S. Becker. "Being stuck in the 18th century significantly adds to the challenge of tackling climate change, antibiotic-resistant bacteria, water pollution, and other urgent problems facing the world today."
- North America > United States > New York (0.27)
- North America > United States > California > Los Angeles County > Los Angeles (0.27)
- Europe > Norway (0.27)
- Health & Medicine > Pharmaceuticals & Biotechnology (0.59)
- Banking & Finance > Capital Markets (0.59)
A robot scientist will dream up new materials to advance computing and fight pollution
In a laboratory that overlooks a busy shopping street in Cambridge, Massachusetts, a robot is attempting to create new materials. A robot arm dips a pipette into a dish and transfers a tiny amount of bright liquid into one of many receptacles sitting in front of another machine. When all the samples are ready, the second machine tests their optical properties, and the results are fed to a computer that controls the arm. Software analyzes the results of these experiments, formulates a few hypotheses, and then starts the process over again. The setup, developed by a startup called Kebotix, hints at how machine learning and robotic automation may be poised to revolutionize materials science in coming years.
- North America > United States > Massachusetts > Middlesex County > Cambridge (0.25)
- North America > United States > California > San Francisco County > San Francisco (0.16)
- North America > Canada > Ontario > Toronto (0.16)