Startup Embodied is closing down, and its product, an 800 robot for kids ages 5 to 10, will soon be bricked. Embodied blamed its closure on a failed "critical funding round." We had secured a lead investor who was prepared to close the round. However, at the last minute, they withdrew, leaving us with no viable options to continue operations. Despite our best efforts to secure alternative funding, we were unable to find a replacement in time to sustain operations. The company didn't provide further details about the pulled funding.

Artificial Intelligence is growing at a faster pace. Despite the unprecedented situation of coronavirus, 2020 till date has witnessed sustained momentum. Funding has increased by 51% to $8.4B from the previous quarter. With this faster pace, it is also attracting a series of funding and financial investments. Let's go through some of the important investments in artificial intelligence and robotics companies in July 2020.

Artificial Intelligence is growing at a faster pace. With this faster pace, it is also attracting a series of funding and financial investments. Let's go through some of the important investments in artificial intelligence companies in June 2020. Portuguese startup Replai, which utilizes AI-driven short-videos to draw in sports fans, has brought €1.2 million up in seed financing. The round was driven by Bright Pixel, alongside Ideias Glaciares, Clever Advertising and other c-level business angels from Whatsapp, Playrix, Nekki, Aptoide, Dashdash and Unbabel.

NNAISENSE has successfully concluded its Series B financing round, with a number of high-profile industrial partners having invested in its vision to integrate True AI into intelligent automation. The company, which draws on more than 25 years of expertise in AI, will apply its state-of-the-art machine learning capabilities to deliver bottom-line improvement to the inspection, modelling, and control of complex industrial production processes. The lead investor in the round is Samsung Ventures Investment Corporation, whose focus is on future-oriented businesses based on new and innovative technologies, while other significant investors include Repsol Energy Ventures SA – the venture capital arm of integrated global energy company Repsol – and Schott AG, who are keen to explore the possibilities AI can deliver as part of its digitalisation program. B2B tech venture fund Alma Mundi Ventures, which was the lead investor in the Series A financing round, increased its position, while Jaan Tallinn's Metaplanet Holdings OÜ also invested further. Tallinn was a founding engineer at Skype and Kazaa and is keen to see AI put to uses that are beneficial and which align with human values.

Artificial Intelligence has already become a widespread technology, solving a large number of tedious tasks of enterprises. Looking at its capabilities, this year marked the biggest year in funding for AI ventures yet. The Q2 of 2019 saw a total investment of US$7.4 billion in AI startups, largely going to transportation and healthcare companies. Let's have a look at the top 10 AI investments that took place in October 2019. Brightfield, a New York City-based AI and Big Data analytics company, optimizes contract labor spend and program performance for employers, MSPs, and staffing firms earlier this month received US$53 million in early-stage funding round.

Artificial Intelligence has already become a widespread technology, solving a large number of tedious tasks of enterprises. Looking at its capabilities, this year marked the biggest year in funding for AI ventures yet. The Q2 of 2019 saw a total investment of US$7.4 billion in AI startups, largely going to transportation and healthcare companies. Let's have a look at the top 10 AI investments that took place in October 2019. Brightfield, a New York City-based AI and Big Data analytics company, optimizes contract labor spend and program performance for employers, MSPs, and staffing firms earlier this month received US$53 million in early-stage funding round.

In 2017, these 15 self-driving car start-ups have cumulatively raised funding of more than $3 billion till date and the funding raised in 2017 was 100% more than 2016. The total funding of all self-driving scar tart-ups from both private and corporate investors has gone past $5.5 billion as of March 2018.The digitization is also fuelling the prospects of autonomous on demand ride hailing taxis. It is worth mentioning that only few of the start-ups are generating revenue and some are yet to showcase a clear path to scale up and ultimately become profitable. US is considered to be leading the way in terms of legislation for driverless vehicles. States in America including Nevada, Florida, California and Michigan have already passed laws concerning driverless cars.