Symbio emerges from stealth with $30 million to automate industrial assembly

Engineer fixing robotic arm

Emeryville, California-based industrial robotics startup Symbio Robotics today emerged from stealth with $30 million in funding. The company says the capital will be put toward further developing its technology as it looks to sign new customers.

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Edgybees raises $9.5 million for AI that augments drone camera footage

Drones

Edgybees, a provider of georegistration and augmented reality tools for drone operators, today announced that it raised $9.5 million, bringing its total raised to $15 million. The company says the proceeds will be used to drive product research, expand global adoption, and support an “aggressive” hiring strategy.

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Apple’s self-driving car strategy may be stuck in neutral

KIA Motors factory

After weeks of confusion and contradictory news, it has almost become confirmed that Hyundai-Kia will start manufacturing Apple’s mysterious self-driving electric vehicle at one of its factories in 2024. Or later. Or not at all.
As is with nearly all news coming from Apple, the report is shrouded in secrecy, unconfirmed facts, and lots of quotes from anonymous sources. But this latest news does have some key points that, if true, paint a clearer picture about Apple’s self-driving plans — and leave many more questions unanswered about the future of the company.

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U.K. competition regulator to probe Nvidia’s $40 billion Arm takeover

(Reuters) — Britain’s competition regulator said on Wednesday it would start an investigation into Nvidia Corp’s $40 billion deal to buy UK-based chip designer Arm Holdings. The Competition and Markets Authority (CMA) said it was “likely to consider whether, following the takeover, Arm has an incentive to withdraw, raise prices or reduce the quality of its IP licensing services to Nvidia’s rivals.”

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AI jobs in 2021: here are some key trends

There’s no doubt about it – Artificial Intelligence has been a bit of a buzzword this year. Artificial intelligence has been established as the main driver of emerging technologies such as big data, robotics, and the IoT. So, what do the next 12 months look like for AI?
As a result of the global pandemic, consumer trends have changed significantly, which has resulted in some notable trends in the world of AI for 2021…

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Nvidia’s Inception program tracks 7,000 AI startups, up 25% in a year

Nvidia’s Inception program is tracking more than 7,000 AI startups, up 25% in a year. That’s a lot of growth for AI companies in a very tough year.
Nvidia business development VP Jeff Herbst said in a blog post that crisis breeds opportunity and that AI startups are stepping up with AI, machine learning, and data science to help address the worldwide emergency of the pandemic.

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Autodesk acquires Spacemaker for $240 million to boost AI development for designers

Autodesk today announced that it has acquired Oslo-based Spacemaker for $240 million. While Autodesk CEO Andrew Anagnost said he’s excited about the potential for Spacemaker to aid urban planning, he also believes the startup’s underlying technology will help catalyze AI development across his company.

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