AI & RoboticsNews

Nvidia unveils Jetson Xavier NX for edge AI

Nvidia today unveiled the Jetson Xavier NX, a module for training and deploying AI systems on edge devices like drones, cars, and robots. The Xavier NX is about the size of a credit card that can achieve 21 TOPS for AI workloads, while consuming as little as 10 watts of power. The Xavier NX will retail for $399 and be available in March. “So we’ve taken Xavier and tuned it for extremely high…
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AI & RoboticsNews

Neural Magic raises $15 million to boost AI training speed on off-the-shelf processors

Despite the proliferation of accelerator chips like Google’s tensor processing unit (TPU) and Intel’s forthcoming Nervana NNP-T, most machine learning practitioners are limited by budget or design to commodity processors. Unfortunately, these processors tend to train sophisticated AI models rather slowly, exacerbating one of the many challenges involved in AI R&D. Hence, Neural Magic. MIT…
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AI & RoboticsNews

NVIDIA's AI will help USPS handle packages 10 times faster

The US Postal Service (USPS) delivers an estimated 146 billion pieces of mail annually, including 6 billion packages. In an attempt to process package data more efficiently, USPS is experimenting with AI. Today, NVIDIA announced that it will provide USPS with its AI tech. NVIDIA claims its system will process package data 10-times faster and with higher accuracy. For months, engineering teams…
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AI & RoboticsNews

HomeLight raises $109 million for AI that matches home buyers with real estate agents

San Francisco-based HomeLight, which develops AI-driven software and services for home buyers, sellers, and real estate agents, today announced that it has raised $109 million in funding from a raft of investors, bringing its total raised to over $160 million. Zeev Ventures led the round, with participation from Group 11, Menlo Ventures, Crosslink Capital, Stereo Capital, and others. CEO Drew Uher…
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