Industry Expert Blogs

If you haven’t noticed, there has been a BIG influx of money into Artificial Intelligence (AI) technologies. Most recently, the Chinese government announced that AI is one of their top initiatives with a goal to catch up with the United States within 3 years and to be the world leader in AI by the year 2030. Horizon Robotics, founded in 2015, is one of China’s AI startups. It just closed a $100M A-round funding led by Intel Capital in October 2017 with the intent to build AI-based hardware and software targeted for use in autonomous vehicles, smart homes and smart cities. They plan to differentiate themselves by building low power, low cost intelligent processors that will enable devices to perceive, interact, understand and make decisions locally in the fog instead of having to transmit data to the cloud.

Click here to read more ...