Emerging Tech – SiliconANGLE

AI and private 5G highlighted in telecom network modernization efforts

Sead Fadilpasic — Fri, 26 Jul 2024 20:27:16 +0000

Telecom network modernization is taking center stage as the industry embraces transformative advancements highlighted at HPE Discover 2024. Innovative technologies are propelling the sector forward, emphasizing the need for rapid adaptation. Telecom companies now face the challenge of evolving quickly while maintaining the reliability and integrity of their services, according to Anil Ganjoo (pictured, right), chief […]

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Tesla shares drop 6% on mixed results as price-cutting drives down automotive revenue

Duncan Riley — Tue, 23 Jul 2024 22:04:30 +0000

Shares in Tesla Inc. fell about 6% in late trading today after the electric car maker and energy company reported mixed quarterly results. For its second quarter that ended June 30, Tesla reported adjusted earnings per share of 52 cents, down from 90 cents in the same quarter of last year, on revenue of $25.5 billion, […]

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Electric autonomous tractor company Monarch Tractor raises $133M

Kyt Dotson — Tue, 23 Jul 2024 16:10:53 +0000

Monarch Tractor, the creator of a fully electric driver-optional smart tractor, announced Tuesday it has raised $133 million in fresh funding in the largest fundraiser by an agricultural robotics firm to date to build artificial intelligence-driven sustainable farming solutions. The company’s Series C funding round was co-led by the global impact investor Astanor and HH-CTBC […]

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Warehouse robotics automation firm Mytra launches with $78M to change how materials move

Kyt Dotson — Tue, 23 Jul 2024 13:00:20 +0000

Mytra, a warehouse automation solution that uses artificial intelligence and robotics to move materials, today announced its launch from stealth with a total of $78 million to solve the biggest problems facing physical storage right now, which is moving materials. The company has developed a novel solution for storing and moving materials in a three-dimensional […]

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Magic Leap reportedly lays off its sales and marketing teams amid pivot to tech licensing

Maria Deutscher — Fri, 19 Jul 2024 21:26:16 +0000

Magic Leap Inc., the heavily funded mixed reality startup, has reportedly laid off its sales and marketing teams. Bloomberg today cited sources as saying that the restructuring affected about 75 employees. It’s unclear if the job cuts were limited to the sales and marketing departments or also hit other units. According to the report, Magic […]

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Meta reportedly in talks to acquire minority stake in eyewear maker EssilorLuxottica

Duncan Riley — Thu, 18 Jul 2024 22:39:54 +0000

Meta Platforms Inc., the parent company of services including Facebook, Instagram and WhatsApp, is reportedly in talks to acquire a minority stake in EssilorLuxottica SA, the world’s largest eyewear maker. According to The Wall Street Journal, Meta has been holding talks with the eyewear maker to acquire a stake of about 5% of the company, valued […]

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Cerabyte launches prototype ceramic-based data storage tech for low-cost, long-term archival data

Mike Wheatley — Mon, 15 Jul 2024 12:00:40 +0000

Data storage technology startup Ceramic Data Solutions Holding GmbH, better known as Cerabyte, said today it’s bringing its novel ceramic data storage offering to the U.S. market, as part of its ambition to transform the way long-term archival data is stored. The startup is pioneering the concept of “Ceramic Nano Memory,” which makes use of […]

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AI adoption and automation: Tanium’s strategies for organizational resilience

Sead Fadilpasic — Thu, 11 Jul 2024 16:15:19 +0000

AI adoption challenges are at the forefront of business operations, as highlighted in Asana’s “State of the IT Leader” report. Echoing this sentiment at the RSA Conference, Melissa Bischoping (pictured), director of endpoint security research at Tanium Inc., stressed the importance of understanding and trusting emerging technologies before fully committing, particularly regarding security and AI. […]

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Metaverse platform Infinite Reality raises $350M at $5.1B valuation and acquires Landvault

Kyt Dotson — Tue, 09 Jul 2024 15:50:41 +0000

Metaverse platform Infinite Reality Inc., a company that builds and powers virtual reality e-commerce and immersive digital media experiences, today announced it has raised $350 million in a funding deal that elevated the company’s valuation to $5.1 billion. Infinite Reality also announced the acquisition of Landvault, a technology company and studio that specializes in building […]

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Amazon ends its Astro for Business security robot program

Maria Deutscher — Wed, 03 Jul 2024 22:35:42 +0000

Amazon.com Inc. is discontinuing Astro for Business, a program that enabled businesses to monitor their facilities using the company’s Astro home robot. TechCrunch reported the development today, citing an email to customers. The move comes less than a year after Astro for Business made its debut. Robots sold through the program are set to stop […]

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Alphabet shuts down agricultural AI robot startup Mineral, licenses part to Driscoll’s

Kyt Dotson — Wed, 03 Jul 2024 16:50:46 +0000

Google LLC parent Alphabet Inc. is shutting down its moonshot technology agricultural artificial intelligence robot startup Mineral today and licensing some of its assets to berry producer Driscoll’s Inc. Mineral launched as a division of Alphabet’s moonshot technology lab, X, in 2020 with the vision that it would use AI and robotic “buggies” to analyze […]

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PitchBook: Global venture capital deals struggle amid economic uncertainties

Duncan Riley — Wed, 03 Jul 2024 04:01:18 +0000

A new first-look report out early Tuesday from PitchBook-NVCA Venture Monitor reveals a challenging landscape for global venture capital dealmaking amid macroeconomic uncertainties. In the second quarter of 2024, there was a slight uptick in global deal value driven by a few large transactions, but overall deal activity remained sluggish. A high number of VC-backed companies […]

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Biden administration awards $504M to 12 regional technology hubs

Maria Deutscher — Tue, 02 Jul 2024 19:11:45 +0000

The Biden administration has awarded $504 million to 12 regional technology hubs that will support research initiatives in areas such as quantum computing, chip production and autonomous driving. The White House announced the move today. The research centers that are set to receive funding are located in Colorado, Florida, Georgia, Illinois, Indiana, Montana, Nevada, New […]

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Chinese researchers create ‘human-on-chip’ system using brain matter to create ‘organoid’ robot

Duncan Riley — Mon, 01 Jul 2024 23:36:04 +0000

Researchers at Tianjin University and the Southern University of Science and Technology in China have created a “human-on-chip” system that combines human brain matter with a neural interface chip and have used the technology to create a hybrid “organoid” robot. The technology is reported to be an emerging branch of brain-computer interfaces, which aims to […]

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Vaire raises $4M to develop ‘reversible computing’ chips

Maria Deutscher — Mon, 01 Jul 2024 21:15:29 +0000

Vaire Computing Ltd., a startup developing chips based on a nascent processing paradigm known as reversible computing, has raised $4 million in funding. The company announced the investment today. 7percent Ventures, a venture capital firm focused on emerging technologies, and internet entrepreneur Jude Gomila led the raise. They were joined by Seedcamp, Clim8 and multiple […]

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Waymo scraps the waitlist and makes robotaxis available to everyone in San Francisco

James Farrell — Wed, 26 Jun 2024 05:42:20 +0000

After some mishaps, it’s now full steam ahead for Alphabet Inc.’s Waymo LLC, which today said its driverless taxi service is available to anyone in San Francisco who has downloaded the app. The company has been operating in the city since 2009. It introduced fully autonomous cars in 2022, but people wanting to experience a […]

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SandboxAQ announces first navigation system powered by AI and quantum to tackle GPS attacks

Kyt Dotson — Tue, 25 Jun 2024 13:00:57 +0000

The developer of quantum sensing technologies SandboxAQ today announced a breakthrough navigational platform designed as a backup when the global positioning system is jammed or otherwise not available. The new system, called AQNav, combines advanced quantum sensors and artificial intelligence algorithms along with a map of the Earth’s magnetic field to provide an unjammable, all-weather, […]

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French quantum computing startup C12 raises €18M to stabilize qubits with carbon nanotubes

Mike Wheatley — Thu, 20 Jun 2024 01:53:05 +0000

Few people have heard of the French quantum computing startup C12 Quantum Electronics SAS, but that could change if its novel architecture for creating the qubits that power these next-generation computers lives up to its billing. A lot of people seem to think it will, for C12 today announced it has raised €18 million ($19.4 […]

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Waabi secures $200M for AI-powered autonomous trucks, targets 2025 launch

Duncan Riley — Tue, 18 Jun 2024 22:43:56 +0000

Canadian autonomous truck startup Waabi Innovation Inc. announced today that it has raised $200 million in new funding to support its development and deployment of fully driverless, generative artificial intelligence-powered autonomous trucks in 2025. Founded in 2021, Waabi is developing generative AI-based autonomous driving technology for the transport sector. The company’s “Waabi Driver” self-driving solution […]

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Niantic launches Studio for web-based immersive 3D and mixed reality creation

Kyt Dotson — Tue, 18 Jun 2024 15:00:10 +0000

Augmented and virtual reality platform developer Niantic Inc., the company behind the popular AR game “Pokemon Go,” today announced the launch of a new visual interface for developers that will help them create 3D and mixed reality games with greater ease. The company announced the new free-to-use software development platform, Niantic Studio, during Augmented World […]

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Varjo unveils ‘Teleport,’ a service that lets smartphones turn real-world places into VR scenes

Kyt Dotson — Tue, 18 Jun 2024 13:00:41 +0000

Finland-based virtual reality firm Varjo Technology Oy today unveiled Teleport, a brand-new service that will allow users to create 3D environments for spatial computing applications such as virtual reality using only their smartphones. Until now, virtual and mixed reality experiences were cumbersome and difficult to get into VR. Much of building for VR content has […]

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D-Wave announces new hybrid quantum solver for commercial applications supporting 2M variables

Kyt Dotson — Mon, 17 Jun 2024 11:00:09 +0000

Quantum computing systems maker D-Wave Quantum Inc. today announced the launch of a new commercial hybrid quantum computing system that can solve problems for practical commercial applications by supporting 2 million variables and constraints, double the number of its previous solutions. The announcement, which took place at the company’s Qubits 2024 user conference, revealed that its new […]

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Waymo issues another recall after driverless taxi crash

James Farrell — Thu, 13 Jun 2024 01:08:40 +0000

Alphabet Inc.’s Waymo LLC is reportedly pulling in its robotaxis for software updates after one of its vehicles hit a telephone pole last month. The incident happened in Phoenix, Arizona, when the Jaguar I-Pace EV driverless car was on its way to pick up a passenger. It hit the pole at just 8 mph, causing […]

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Startup Flow raises $4M to iterate on parallel processing tech that massively accelerates any CPU

Mike Wheatley — Wed, 12 Jun 2024 02:22:41 +0000

Finnish startup Flow Computing Oy today revealed seemingly outlandish plans to transform the chip industry with a new Parallel Processing Unit that it says can boost the performance of any central processing unit by an incredible 100 times. The stunning claim came as the company announced $4 million in pre-seed funding from a number of […]

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GM gives troubled Cruise self-driving car unit $850M amid strategic review

Duncan Riley — Wed, 12 Jun 2024 00:45:21 +0000

General Motors Co. announced today that it’s giving its troubled self-driving car unit, Cruise LLC, $850 million in funding while it works out what to do next in terms of its strategy and funding. Bloomberg reported that the announcement was made by GM Chief Financial Officer Paul Jacobson at an investor conference in New York. He […]

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Navigating AI adoption: Insights on strategic partnerships and business innovation

Sead Fadilpasic — Fri, 07 Jun 2024 18:31:44 +0000

Recent industry insights highlight the transformative potential of artificial intelligence, the importance of strategic alliances in technology, and the growing emphasis on sustainability. The importance of strategic alliances and the growing emphasis on sustainability are also key focal points. Companies are discovering the necessity of adapting to new technologies while maintaining robust security and governance […]

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The evolution of IAM: Enhancing digital security with AI and biometrics

Sead Fadilpasic — Mon, 03 Jun 2024 22:20:49 +0000

The identity and access management (IAM) evolution from simple access controls to a sophisticated framework integrating multifactor authentication, biometrics and AI has significantly enhanced digital security and privacy. The identity management ecosystem needs to evolve, Enron’s compliance game led to core aspects of identity, privileged users posing a danger, and perimeter security being insufficient in […]

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Amazon expands drone deliveries with FAA approval in US

Kyt Dotson — Thu, 30 May 2024 17:00:19 +0000

Amazon.com Inc. said today it received approval from the U.S. Federal Aviation Administration to fly its drones longer distances and will use the new license to expand its Prime Air service to more customers. The FAA approved Amazon with permission to fly Beyond Visual Line of Sight, known as BLVOS, a term used in aviation […]

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Google and Magic Leap partner on augmented reality deal

Kyt Dotson — Thu, 30 May 2024 16:25:48 +0000

Alphabet Inc.’s Google and augmented reality startup Magic Leap Inc. announced today that the two companies have joined forces in a strategic partnership to collaborate on AR and optics solutions. Although the announcement is scant on details, the two companies said that the partnership would combine Magic Leap’s optics and manufacturing expertise with Google’s technological […]

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Frore Systems nabs $90M for its solid-state chip cooling technology

Maria Deutscher — Wed, 29 May 2024 21:05:24 +0000

Startup Frore Systems Inc. has raised $90 million to commercialize its AirJet devices, which cool chips by moving air over them at speeds exceeding 100 miles per hour. The company announced the funding round, a Series C investment, today. It said that Fidelity Management & Research was the lead investor. The round also drew contributions […]

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