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AWS announces Panorama a device adds machine learning technology to any camera

AWS announces Panorama a device adds machine learning technology to any camera AWS has launched a new hardware device, the AWS Panorama Appliance, which, alongside the AWS Panorama SDK, will transform existing on-premises cameras into computer vision enabled super-powered surveillance devices. Pitching the hardware as a new way for customers to inspect parts […]

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AWS launches Trainium, its new custom ML training chip

AWS launches Trainium, its new custom ML training chip At its annual re:Invent developer conference, AWS today announced the launch of AWS Trainium, the company’s next-gen custom chip dedicated to training machine learning models. The company promises that it can offer higher performance than any of its competitors in the cloud, with […]

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Recycling robotics company AMP Robotics could raise up to $70M

Recycling robotics company AMP Robotics could raise up to M AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company’s plans. The new […]

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Why is GoCardless COO Carlos Gonzalez-Cadenas pivoting to become a full-time VC?

Why is GoCardless COO Carlos Gonzalez-Cadenas pivoting to become a full-time VC? Index Ventures, a London- and San Francisco-headquartered venture capital firm that primarily invests in Europe and the U.S., recently announced its latest partner. Carlos Gonzalez-Cadenas, currently COO of London-based fintech GoCardless and previously the chief product officer of Skyscanner, will […]

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Neatsy wants to reduce sneaker returns with 3D foot scans

Neatsy wants to reduce sneaker returns with 3D foot scans U.S.-based startup Neatsy AI is using the iPhone’s depth-sensing FaceID selfie camera as a foot scanner to capture 3D models for predicting a comfortable sneaker fit. Its app, currently soft launched for iOS but due to launch officially next month, asks the […]

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Portugal’s Faber reaches $24.3M for its second fund aimed at data-driven startups from Iberia

Portugal’s Faber reaches .3M for its second fund aimed at data-driven startups from Iberia Portuguese VC Faber has hit the first close of its Faber Tech II fund at €20.5 million ($24.3 million). The fund will focus on early-stage data-driven startups starting from Southern Europe and the Iberian peninsula, with the aim […]

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Abacus.AI raises another $22M and launches new AI modules

Abacus.AI raises another M and launches new AI modules AI startup RealityEngines.AI changed its name to Abacus.AI in July. At the same time, it announced a $13 million Series A round. Today, only a few months later, it is not changing its name again, but it is announcing a $22 million Series […]

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AI-tool maker Seldon raises £7.1M Series A from AlbionVC and Cambridge Innovation Capital

AI-tool maker Seldon raises £7.1M Series A from AlbionVC and Cambridge Innovation Capital Seldon is a U.K. startup that specializes in the rarified world of development tools to optimize machine learning. What does this mean? Well, dear reader, it means that the “AI” that companies are so fond of trumpeting does actually […]

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Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

Construction tech startups are poised to shake up a .3-trillion-dollar industry Allison Xu Contributor Share on Twitter Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. In the wake of COVID-19 this spring, construction sites across the nation emptied out […]

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Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order

Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order AMP Robotics, the manufacturer of robotic recycling systems, has received its largest purchase order from the publicly traded North American waste handling company, Waste Connections. The order, for 24 machine learning enabled robotic recycling systems, will be used on container, fiber […]

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