Friday, January 27, 2023

Sisvel announces its Cellular IoT Patent Pool to aid balanced choices

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Sisvel International S.A. (Sisvel) launched of its Cellular IoT (C-IoT) Patent Pool consisting of 20 patent owners. The pool offers a single solution to license standard essential patents (SEPs) essential for the use of the LPWAN standards LTE-M and Narrowband IoT (NB-IoT). Sisvel is joined by ASUSTek, Datang, Ericsson, ETRI, Innovative Sonic, JVCKENWOOD, KDDI, MediaTek, Mitsubishi Electric, NTT DOCOMO, Optis Cellular, Optis Wireless, Orange, Pantech, Shanghai Langbo, Sony Group Corporation, Telefónica, Unwired Planet and one additional company to be announced soon. The pool remains open for participants that hold relevant patents. The C-IoT pool’s initial main focus will be on smart meters and asset trackers.

S. Australia using drone technology for power grid maintenance works

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Aussie drone maker, Carbonix has partnered with SA Power Networks and communications tech Nokia,  provider to advance the use of long-range Un-Crewed Aerial Vehicles (UAVs) in aerial inspection work and flood monitoring on remote electricity distribution network assets. In the initial phase of the partnership a Carbonix Volanti UAV was used to prove the Beyond Visual Line of Sight (BVLOS) capability using Nokia private wireless solution, Nokia Digital Automation Cloud (DAC) for industrial-grade reliable and long-range wireless network connectivity. This paved the way for a continuation of the partnership in which Carbonix UAVs showed LiDAR capabilities for maintenance and flood water monitoring at asset locations.

ABB E-mobility raises about CHF200 million in a pre-IPO private placement

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ABB E-mobility, a global player in electric vehicle (EV) charging solutions, announced that it has signed a pre-IPO private placement of approximately CHF200 million for newly issued shares, led by minority investors. The transaction will close during the fourth quarter 2022. ABB E-mobility will use the proceeds to continue the execution of its growth strategy, driven by both organic and merger and association investments in hardware and software.

How artificial intelligence is set to revolutionise the beauty industry

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The beauty industry is about to get a facelift thanks to the power of AI. While the industry has been using AI for years, only recently has it started to revolutionise the way we think about skincare and cosmetics. Yet before we get ahead of ourselves with thoughts of robots that are set to take over our lives, let’s be clear here - we're talking about machine learning.

Fastest cooking device On2Cook closes seed funding of over $2m

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Entrepreneur Sanandan (Sandy) Sudhir, who created quite some ripples in Shark Tank with the fastest cooking device, has declared that his startup On2Cook India Pvt Ltd has secured seed funding of over $2m. The round was led by angel investor Dr Mayur Desai, who infused the first tranche of Rs 16 crore for 16% equity, reaffirming the startup’s valuation at $12.5m.

Tessolve acquires P2fsemi to further solidify its silicon design solutions

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Tessolve, the semiconductor industry's engineering solution provider, has acquired Pico2Femto Semiconductor (P2fsemi), primarily focused on physical design solutions. P2fsemi's acquisition significantly strengthens Tessolve's ASIC design offerings from RTL to GDSII signoff, with increased full-turnkey backend design expertise. Tessolve has pioneered several turnkey solutions, from design to testing packaged parts, over the last few years, evolving into the largest stand-alone semiconductor engineering solution provider.

Prepping for camping outing: Just how fire safe is your sleeping bag?

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There is no doubt that Fire kills and injures. All campsites have fires. Twice nominated Australian of the Year, Tony Clark, says the sleeping bags in the Aussie market do not meet international fire safety standards. He’s launching an urgent call to action to parents, campers and outdoor enthusiasts to put fire safety first when it comes to sleeping bag choices.

Cepton announces agreement for $100 million investment from Koito

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Cepton, Inc., a Silicon Valley innovator and leader in high performance lidar solutions, announced that it has entered into a binding investment agreement dated October 27, 2022 (Investment Agreement) for a $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (Koito) (TSE: 7276).

Guidewire congratulates the winners of the 16th Innovation Awards edition

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Guidewire congratulates the winners of its 2022 Innovation Awards: E.design Insurance, Hollard Insurance, and Mountain West Farm Bureau and its subsidiary 360 Insurance Company with partner Smart Communications. In its 16th year, the awards honor Guidewire clients that are adapting to an accelerating pace of industry change and evolving client needs. Winners were announced during Connections, Guidewire’s annual customer conference.

European AI startup Axelera AI closes $27 million Series A funding round

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European AI startup Axelera AI announced the close of its $27 million Series A investment round. The funding will support Axelera AI’s launch and mass production of its first-generation AI acceleration platform, powered by its disruptive in-memory computing and dataflow. Since its inception and initial funding last year, Axelera AI successfully taped-out its first testbench chip, developed entirely in-house, proving the performance and efficiency of in-memory compute for AI computations. Axelera AI will also further expand its team.