Portfolio company TwoBitCircus is opening its micro amusement park on Sept. 7 in Los Angeles. Featuring next-gen arcade games, robot bartending, VR escape rooms and more, this tech-powered circus is reinventing entertainment for children of all ages.
AIRY3D’s DepthIQ platform is a cost-effective technology that can accelerate the adoption of new applications such as facial, gesture and object recognition, portrait modes, professional effects, and image segmentation. The financing will advance AIRY3D’s licensing roadmap for its DepthIQ 3D sensor platform with leading mobile OEMs.
Intel Capital’s Bryan Wolf and Mike Wall, CEO of Intel Capital portfolio companies Amplidata and Atempo, discuss the value CVCs can provide over a company’s life cycle.
Portfolio company Lumiata, a provider of AI-powered health analytics for managing cost and risk, today announced it has closed $11 million in new funding. With the new leadership of CEO Dilawar Syed, Lumiata is primed to enable pathways for smarter, more tailored health care.
SAIC Capital, the Venture Capital arm of SAIC Motor Corporation Limited, China’s largest auto group, have invested in what3words, alongside former Formula One champion Nico Rosberg. Existing investor Intel Capital has also participated in the round.
Intel Capital portfolio company Preempt announces $17.5 million in funding to advance identity and access threat prevention. Its technology allows enterprises to preempt threats in real time based on identity, behavior and risk.
Robotics and artificial intelligence company Embodied Inc. has raised $22 million in financing to expand its staff of developers.
In an exclusive interview with Xconomy, Intel Capital Vice President Trina Van Pelt expands on Intel’s reach to support the transformation of the auto industry into a service-oriented sector. As group managing director of the data center & cloud, AI and autonomous driving at Intel, Van Pelt shares how the industry will shift to a data-centric business arena that could be a central control point that ropes in many other business lines, such as retail and entertainment.
HERE Technologies and Sigfox announced a partnership to develop and deploy a global location service that will open new opportunities for IoT applications, particularly in supply chain and logistics.
In a contributed piece on TechCrunch, Investment Director Sanjit Dang discusses that a new generation of exponentially intelligent and capable robots is on the way. As robots learn more and people begin to have more uses for them, demand for robots is looking more prescient every day.