AI & RoboticsNews

China’s Xiao-i sues Apple for $1.43 billion over Siri AI infringement

(Reuters) — Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology, also known as Xiao-i, has filed a lawsuit against Apple, alleging it has infringed on Xiao-i’s patents. Xiao-i is calling for 10 billion yuan ($1.43 billion) in damages and demands that Apple cease “manufacturing, using, promising to sell, selling, and importing” products that infringe on…
Read more
AI & RoboticsNews

Buildots raises $16 million to automate construction site reporting with AI

Data-driven construction reporting company Buildots this week announced it raised $16 million, a combination of a $3 million seed round and a $13 million series A. Cofounder Roy Danon says it’ll be used to scale and improve the company’s products as Buildots expands to new regions around the world. Large construction projects — which some countries have allowed to continue during the…
Read more
AI & RoboticsNews

Aquicore raises $14 million for AI tools to optimize commercial building energy usage

Aquicore, an information tech startup offering cloud-based software for asset operations, today secured $14 million in financing. The company says it’ll use the funding to advance its platform and expand into European markets. The buildings sector accounts for about 76% of electricity use and 40% of all U.S. primary energy usage and associated CO2 emissions, but the bulk of commercial real…
Read more
AI & RoboticsNews

Advertima raises $17 million for AI that tracks in-store shopping behaviors

Advertima, a startup leveraging AI to customize in-store experiences, today closed a €15 million ($17.3 million) funding round. CEO Iman Nahvi says the company will put the new funds plus €10 million ($11.5 million) of its own capital toward refining its tracking platform. Before the pandemic, AI appeared poised to transform — and indeed was already transforming — brick-and-mortar retail.
Read more