Hot Startups : Latest News And Updates On Daily Roundup
AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Artificial Intelligence, Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.
An international effort to assess artificial intelligence compute capacity and help governments make informed AI infrastructure investments is the focus of an online workshop hosted by Silicon Integration Initiative, January 29, 8:00-10:00 am PST.
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Sequans Communications, a leading provider of 5G/4G chips and modules for IoT, announced an expansion of their collaboration to include development of 5G modules based on Sequans’ upcoming Taurus 5G platform. Renesas will gain non-exclusive technology access and licensing from Sequans. This follows the two companies’ earlier cooperation to develop modules based on Sequans’ Monarch LTE-M/NB-IoT platform, announced last October. Through their expanded 5G relationship, Renesas and Sequans aim to bring together Sequans’ 5G modem technology with Renesas’ analog front-end FR1/FR2 technology to create a best-in-class combined 5G solution.
Oxbotica, a global leader in autonomous vehicle software, has announced the completion of a $47 million Series B investment with partners across the globe led by bp ventures. The funding will accelerate Oxbotica’s commercial deployment of its world-class autonomy software platform across multiple industries and key markets. The news is an endorsement of Oxbotica’s go-to-market strategy, deploying its autonomy software in industrial use cases in advance of rolling out in urban passenger transportation applications in the future.
PAID Network (PAID) has closed a $2 Million funding round led by Alphabit Fund & Master Ventures. Other investors and partners include A195, AU21, Brilliance Ventures, Phoenix VC, and X21. PAID’s private sale has been oversubscribed, with more than $21 Million committed already. According to PAID’s spokesperson, the value of allocation requests is growing by $1 Million daily.
BRK Inc./Gen2 Technologies Inc. is pleased to update its shareholders on important developments related to its IP portfolio and strategic focus as we enter 2021.
Gen2 Technologies has decided upon feedback from various investors, to split its commercialization activities in its new Gen2 Blockstone unit into two distinct areas of focus – general imagery integrity solutions and eKYC. The former will concentrate on providing solutions to pressing issues such as “deep fake” videos. The latter aims to tap into substantial market opportunities in the growing eKYC Fintech sector, and specifically aims to build on conversations held with potential investors.