AI & RoboticsNews

US limits AI exports over fears it will fall into Chinese hands

The US government’s concerns about Chinese involvement in tech are leading to significant restrictions on AI. The Commerce Department is instituting a rule on January 6th that will require companies to obtain a license if they want to export certain AI-powered geospatial imagery software to other countries besides Canada. Not surprisingly, officials are worried that the technology (which…
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AI & RoboticsNews

U.S. government limits exports of AI software

(Reuters) — The Trump administration took measures on Friday to crimp exports of artificial intelligence software as part of a bid to keep sensitive technologies out of the hands of rival powers like China. Under a new rule which goes into effect on Monday, companies that export certain types of geospatial imagery software from the United States must apply for a license to send it overseas…
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AI & RoboticsNews

Clearcover raises $50 million to find you a vehicle insurance policy with AI

Millions of car owners in the U.S. have yet to secure automotive insurance of any kind, which isn’t surprising considering the average policy costs a sky-high $1,099 annually. Recent estimates peg the share of uninsured drivers at 13% nationally, or one in eight drivers, with Florida topping the list by state at 26.7%. It’s what led Derek Brigham and Kyle Nakatsuji, former colleagues at…
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AI & RoboticsNews

Ambarella shows off new robotics platform and AWS AI programming deal

Chip designer Ambarella has announced a new robotics platform based on its CVflow architecture for artificial intelligence processing, and it has also signed a deal with Amazon Web Services to make it easier to design products with its chips. Santa Clara, California-based company will demo the robotics platform and the Amazon SageMaker Neo technology for training machine-learning models at CES…
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