AI21 Labs, a pioneer in large language model artificial intelligence, has closed a $155 million Series-C funding that brings the Tel Aviv-based firm’s total raise to $283 million for a valuation of $1.4 billion. Investors include Google, Nvidia, Samsung Next, Walden Catalyst, Pitango, SCB 10X, b2venture, and AI21 co-founder Amnon Shashua. The company is best known for its flagship AI21 Studio product, a developer platform that lets customers pay as they go to build custom text-based business apps using AI21’s proprietary models, notably Jurassic-2. The firm’s portfolio also includes the multilingual reading and writing assistant Wordtune. Continue reading Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion

Intel laid claim to the ‘world’s best mobile gaming platform’ with its 12th generation Alder Lake H-series GPUs at CES 2022, then shifted to overdrive to focus on autonomous driving, introducing its Mobileye EyeQ Ultra, AV-on-chip supercomputer offered as a full-stack AV driving solution. Intel in December announced plans to spin off Mobileye in an IPO sometime this year and used its CES press conference stage to demonstrate it is prepared to deliver, announcing a partnership with Zeekr to create all-electric AVs for the Chinese market, due to roll off the assembly line in 2024. Continue reading CES: Intel on AV Overdrive, Touts Fastest Mobile Game Chip

During the all-digital CES 2021, lidar (light detection and ranging) technology was presented as a key tool for building autonomous vehicles, smart homes and infrastructure for smart cities. Lidar, which senses what an object is based on its shape, first appeared in the 1970s but, up until now, has been too expensive and complicated for broad industrial use. Seoul Robotics, Intel’s Mobileye and Blickfeld were among the companies at CES showcasing real-world lidar applications. Lidar is predicted to triple to an almost $3 billion market by 2025. Continue reading CES: Seoul Robotics, Mobileye Enable Lidar for Smart Cities

Thomas Friedman, three-time Pulitzer Prize winning author and columnist for The New York Times discussed his latest thesis that the world has moved from the Industrial Revolution to a world that is “Fast, Fused and Deep.” During CES 2021, Friedman spoke with Professor Amnon Shashua, president and CEO of Mobileye, the Israeli subsidiary of Intel that develops autonomous and assisted driving AI solutions. Friedman framed the discussion by describing the Industrial Revolution as establishing “Walls” to govern the transfer of trade and human beings, a “Floor” as a social safety net to cushion people, and a “Ceiling” on the pace of change. Continue reading CES: Pulitzer Winner Details Megashifts Impacting Our World

At CES 2018, Intel chief executive Brian Krzanich gave a keynote address that ranged on topics from cybersecurity to immersive media and both neuromorphic and quantum computing. He also introduced Intel Studios, a site for the production of immersive media. First, Krzanich brought up the formerly undetected flaws in Intel chips, dubbed Spectre and Meltdown, saying that it was Intel’s No. 1 priority to secure customer data and noting that the industry has joined forces to plug the loopholes. Continue reading CES Keynote: Intel Introduces New Studio for Immersive Media

Intel has purchased Mobileye for $15.3 billion, a strong statement that it is pursuing the autonomous vehicle market sector. The Israeli-based Mobileye, which supplies its technologies to most major car manufacturers, makes cameras, sensors and software that alert vehicles to obstacles in their paths and has become a leader in digital mapping and sensors. Mobileye co-founder Amnon Shashua will head Intel’s self-driving car initiative as an Intel senior vice president, and his company will continue to be based in Israel. Continue reading Intel Buys Mobileye, Marking Commitment to Driverless Cars

Israel-based technology company OrCam is introducing its compelling take on augmented reality at this year’s CES. The company’s device is similar to Google Glass, but the hardware is more discrete and does not save images or audio, which could help alleviate privacy concerns. The MyMe digital assistant is designed to give the user advice based on the world around them. The assistant speaks through a Bluetooth earpiece and the tiny camera clips to a shirt. All of the data processing is done in real time. Continue reading OrCam Unveils Discrete Digital Assistant for AR Applications

OrCam Technologies has created a wearable, digital personal assistant device, called Casie, which can be clipped onto a shirt or worn as a medallion on a necklace. The USB-sized device, which will soon go through testing, contains a 5-megapixel camera and microphone, which can record a user’s surroundings and connect with the Casie app on a user’s phone. The app can then pair its recordings with data from the Internet to help the user identify and analyze places and people, such as a LinkedIn connection. Continue reading Casie is a New Digital Personal Assistant That You Can Wear