Ansys Cloud’s Post

Generative AI startups collected more than three times the funding in 2023 — $1.2 billion more than they had raised in 2022 when the total was about $500 million. However, there is greater potential on the non-consumer side, such as for autonomous driving and production process optimization. In the long-term, startups will integrate generative AI into their portfolios and compete to win large contracts with OEMs. Oliver Wyman experts share more > https://owy.mn/4ai6dzt

GenAI in automotive funding & competitiveness- In the long-term, startups will integrate generative AI into their portfolios and compete to win large contracts with OEMs. That will leave few startups remaining as OEMs leverage existing large-language models and adapt them in-house to their specific needs. Already several leading European and Asian automakers have been using generative AI technology to improve their vehicle design and production processes, among other purposes. #OWautomotive #MarshAutomotive #GenAI

We're excited to share part II of our research into robotics 🤖 In this vast and rapidly growing space, we've focused specifically on startups providing the building blocks of robotics - everything from data infrastructure to foundation models. In our latest post, we map c. 70 startups, scaleups, and open-source offerings powering the next frontier of robotics. Read the full report here: https://lnkd.in/essJEC-F #robotics #AI #startups

It is nice to see a robust overview of the various robotics companies. 🤖 While it oftentimes seems like we overlap and do many of the same things, there are a lot of nuances in the applications. Check out the report for more details and stay tuned for Part 3! #robotics #machinevision #supplychainautomation #warehouseautomation #logistics #RobotsWorkPeopleRule

📢 "SoftBank leads $1 billion funding for UK self-driving startup Wayve" 🔔 Wayve Alex Kendall ➡️ British self-driving technology startup Wayve has raised $1.05 billion in funding, led by SoftBank Group, with contributions from Nvidia and Microsoft. 💰 ➡️ This brings their total funds raised to $1.3 billion, the largest investment in a British AI startup. 🤖 ➡️ Wayve's Embodied AI technology aims to enable vehicles to navigate complex, unpredictable situations, accelerating the transition to autonomous driving. 🚘 ➡️ The technology is integrated into various vehicle platforms, with over-the-air updates to enhance its capabilities. 🚀 ➡️ Wayve addresses challenges in self-driving by leveraging AI to generalize driving knowledge and handle edge cases more effectively than traditional programming methods. 🌟 Source of information 📝👇 https://lnkd.in/gb9Kr_as Share Your Startup Story 🚀📲 https://lnkd.in/ggir3Qap Image source 📸 Wayve.ai Visit Our website 🌐✅ www.scoopearth.com #Scoopearth #Wayve #Ai #Startup #Automation #Technology #Funding #Cars

Looking at this news story, very soon Ola will - 1. Copy this idea. 2. Pitch the idea to Masa Son, Vinod Khosla, and other investors. 3. Raise millions of dollars in the name of "Ola Self Drive". 4. Convert some Swift, Tigor and Xpres-T into self-driving cars. 5. Run pilot in Bengaluru and Delhi NCR. 6. The self-driving cars will also keep canceling rides just like Ola Cabs' drivers do. That's the MO that helped Ola jump into cabs, food delivery, two-wheeler EV, ONDC, AI chatbot businesses. Don't believe me, laga le 100 - 100 ka bet? Key Takeaway: It's time entrepreneurs start focusing on Indian problems and develop Indian solutions that can create impact as well as be profitable Copy-Pasting won't take us too far! Then you will see - ✅ cabs are not canceling ✅ food delivery not shutting down ✅ EV scooters not catching fire ✅ ONDC Food Delivery not being a gimmick ✅ Krutrim not calling OpenAI its creator (Bhavish Aggarwal, if you copy this plan, then I will need 1% share of the self driving startup as royalty.) #Softbank #Wayve #SelfDrive #StartupIdea #Entrepreneurship #India #Ola #MakeForIndia #Krutrim #ONDC

10 European Robotics Startups Redefining Tech Frontiers European robotics startups exemplify the region's innovation and entrepreneurship, leveraging robotics, AI, and automation to tackle challenges, enhance efficiency, and foster growth for businesses and society. They are poised to lead technological advancement and drive progress https://lnkd.in/ggxajQhE #EuropeanRoboticsStartups #EuropeanRobotics #10EuropeanRoboticsStartups #Robotics #AutomatoRobotics #AI #AINews #AnalyticsInsight #AnalyticsInsightMagazine

Which startups are providing the building blocks of the robotics space? Check out the c. 70 companies mapped by MMC Ventures in our latest deep dive into the robotics space 👇 https://lnkd.in/eyANDJsm #robotics #AI #startups

Great to be identified as a rising star in the Robotics Industry. If you are in Robotics check out this summary of the Robotics startup landscape

• Figure AI Inc., a startup focused on developing humanoid robots, is reportedly in talks to secure up to $500 million in a funding round. • Microsoft may contribute around $95 million, while OpenAI may invest $5 million, according to discussions. • The startup, known for its AI-powered robot named Figure 01, aims to create machines capable of performing dangerous tasks and addressing labor shortages. • In a previous funding round last May, Figure AI raised $70 million, led by Parkway Venture Capital. • The AI robotics industry is active, with other startups like 1X Technologies AS and Sanctuary AI raising significant funds for their projects. 🔗https://lnkd.in/duFHYfXs #ai #robotics #humanoid