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Landing AI, a tech startup launched by the founder of Google Brain, raises $57M to help manufacturers create their own visual inspection software | Tech News

Synthetic intelligence pioneer Andrew Ng is an adjunct professor at Stanford College Division of Pc Science and Division of Electrical Engineering and the mind behind the Google Mind analysis lab. In 2011, he co-founded Google Mind, a deep studying synthetic intelligence analysis group beneath the umbrella of Google AI, a analysis division at Google devoted to synthetic intelligence.

In 2014, Ng joined Baidu as Chief Scientist, constructing the corporate’s Synthetic Intelligence Group right into a group of a number of thousand individuals. Throughout his time at Baidu, he led the creation of a number of analysis groups for issues like large information, facial recognition, and Melody, an AI chatbot for healthcare (just like Siri or Amazon’s Alexa). In March 2017, he resigned from Baidu. As we speak, Ng is without doubt one of the most recognizable names in synthetic intelligence.

After a stint at Deeplearning.ai, a web based collection of deep studying programs he launched instantly after he left Baidu, Ng launched Landing AI in 2017, an AI startup that gives AI-powered SaaS merchandise and Transformation Program to empower enterprises into cutting-edge AI corporations. Then in January 2018, Ng unveiled the AI Fund, elevating $175 million to put money into new startups.

As we speak, Ng introduced he has raised $57 million in a Sequence A spherical from traders at an undisclosed valuation. The spherical was led by McRock Capital, with further investments from Intel Capital and Samsung Catalyst Fund. Perception Companions and the Canadian Pension Plan Funding Board additionally participated within the spherical.

Ng mentioned he plans to make use of the funding to try to “make every thing go quicker.” That includes doubling the group from 75 to round 150, whereas additionally bringing on new clients, he added.

The Silicon Valley-based Touchdown AI is targeted on bringing synthetic intelligence to manufacturing corporations. It has developed a pc imaginative and prescient device that producers can use to create their very own visible inspection software program, which allows computer systems to derive significant info from digital photos and movies.

One of many firm’s core merchandise is LandingLens, an end-to-end AI platform particularly designed for industrial clients to construct, deploy and scale AI-powered visible inspection options. Whereas Touchdown AI’s device can be utilized, for instance, to assist autonomous automobiles make sense of their environment, it may also be used to determine a defect on a semiconductor wafer, a scratch on a smartphone display, or a dent in an auto element, Ng instructed CNBC.

“We construct instruments that make it quick and simple for producers to construct and deploy profitable AI programs,” Ng mentioned, including that he desires to take AI to different industries and past client web platforms like Google and Baidu.

“We learn within the information and listen to the PR buzz about AI supposedly reworking lots of issues,” mentioned Ng, a former professor of pc science at Stanford College.

“To me, I’m not seeing a lot of this realized but. There’s tons of proof of idea, tons of PR, however frankly, once I stroll round manufacturing crops, AI is just not broadly deployed.”


https://techstartups.com/2021/11/08/landing-ai-new-tech-startup-founder-google-brain-raises-57m-help-manufacturers-create-visual-inspection-software/ | Touchdown AI, a tech startup launched by the founding father of Google Mind, raises $57M to assist producers create their very own visible inspection software program | Tech Information

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