Artificial Intelligence, Auto, Business, Companies, Intel, News

Intel develops a formula for driverless cars safety

Intel and its subsidiary Mobileye have jointly developed a mathematical formula that can objectively figure out just how safely a self-driving car is operating. The model is called Responsibility Sensitive Safety, and revolves around what’s called a “Safe State.” The world’s largest chipmaker calls this a set of standards, based on mathematical formulas, that will govern the behavior of robot cars and trucks. If they’re adopted, Intel argues, it will bring certainty to questions of liability and blame in the event of an accident. There are two main concerns when it comes to autonomous vehicle driving safety. First is what almost all car makers are currently focused on, the sensors, equipment,

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Artificial Intelligence, Auto, Business, Companies, Consumer Electronics Show (CES), News

Toyota Yui wants to know how you feel

After unveiling a concept model for a new line of autonomous vehicles, Toyota expects to start testing these driverless cars in 2020.  Toyota is supposedly combining their Concept-i cars with an AI called “Yui” — the product of spending billions on a venture capital arm meant for AI development. Yui isn’t your typical autonomous driving system. Toyota wants their AI to be able to chat with drivers and get to know them better by using their preferences, emotions, and habits, which Yui builds through deep learning. The company says the Concept-i series is based on its Learn-Protect-Inspire technology that understands people, uses automated driving technology to increase safety and can

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Artificial Intelligence, Business, Companies, News

Veo Robotics raise $12M for better Robot-Human collaboration

Veo Robotics, the company creating intelligent, human-aware systems for industrial robotics, announced $12M in Series A funding led by Lux Capital and GV (formerly Google Ventures). Previous investor Next47, a global venture firm created by Siemens, also participated. In addition, Bilal Zuberi of Lux Capital and Andy Wheeler of GV will join the company’s board of directors. “This is a revolutionary time for global manufacturing,” said Patrick Sobalvarro, Veo’s CEO and co-founder. “For more than 100 years we’ve been using machine tools that are unaware of their users and unable to respond to them intelligently. Bilal Zuberi and Andy Wheeler saw from our first conversations an

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