On the morning of November 9th, Beijing time, Chinese scientist Wu Enda is one of the pioneers in the field of artificial intelligence. He once founded the "Google Brain Lab" and served as the chief scientist of Baidu. Recently, his previously founded artificial intelligence company "Landing AI" received an investment of 57 million US dollars, but the company's valuation is still ominous.
According to reports, Landing AI was born in Palo Alto, Silicon Valley in 2017. The company's main focus is to bring artificial intelligence technology to manufacturing companies. The company has developed a computer vision recognition tool that manufacturing companies can use to develop product vision inspection software that meets their needs.
Computer vision recognition software allows computers to discover meaningful information from digital pictures or videos. This technology has a wide range of applications. For example, a self-driving car can analyze the surrounding road conditions from the screen, semiconductor companies can find flaws in a wafer (the raw material for making chips), and companies can also detect cracks in smartphone screens. , Or the depression of auto parts.
Landing AI's competitors include Chooch.ai of San Mateo, California.
AI over-propaganda
Wu Enda told an American financial media that the tools developed by the company can allow manufacturers to build and deploy artificial intelligence application systems more quickly and easily. In addition, he also hopes that artificial intelligence technology will surpass consumer Internet platforms such as Google and Baidu. Enter into other industries.
In the early days, Enda Wu, a professor of computer science at Stanford University in Silicon Valley, said that from news or corporate public relations, people see that artificial intelligence seems to have changed a lot of things. "But for me, I haven't seen some news become reality. At present, there are countless proofs of concept and a lot of marketing promotion, but frankly speaking, when I visited the manufacturing factory, I found that artificial intelligence was not widely used."
It is reported that Landing AI's customers include American tool manufacturer "Stanley Paterson" and Chinese electronics foundry giant Foxconn.
In a customer certification video on the company's official website, Foxconn Executive Vice President Liu Yingxin introduced that Landing AI has shortened the time it takes for Foxconn to develop an artificial intelligence system and increased the accuracy of the recognition system.
Investment increase
In the past decade, the flow of funds to artificial intelligence startups has gradually increased. Dealroom, a venture capital market research company, predicts that this year, global investment institutions will invest a total of approximately US$90 billion in artificial intelligence startups, which is much higher than the US$60 billion last year.
It is reported that both "Intel Capital" and "Samsung Catalyst Fund" participated in Landing AI's A round of financing. Other investment institutions include Insight and the Canadian Pension Investment Council. The lead investment institution for this round of investment is "McRock Capital Corporation". ".
In a statement, the principal of Insight, George Mathew, said that the digital modernization of manufacturing is developing rapidly, and they predict that the market size of this field will reach 300 billion US dollars in 2023.
Matthew said that the opportunities and market demand facing Landing AI are explosive. They will unlock the virgin market of machine vision recognition and improve quality, efficiency and quantity. "We look forward to playing a role in the follow-up development of Landing AI."
Wu Enda said that he will use the proceeds from this financing to make various attempts to speed up the company in an all-round way. Landing AI's new plan includes doubling the workforce from 75 to 150 people, and in addition to gaining new customers.
About Manly Batterymainly offering Lithium batteries over 12 years ,widly used for Robostic ,if there is any project need to evluate ,pls feel free to send email toinfo@manlybatteries.com
