Anyone else heard of Autobrains?
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Autobrains drew
$101.0M in Series C financing led by
Temasek and joined by new investors
Knorr-Bremse and
VinFast along with existing investor
BMW i Ventures and strategic partner
Continental. Autobrains has developed a self-learning AI system for ADAS and autonomous vehicles up to L4. Instead of large amounts of labeled data, it “maps raw, real-world data to compressed signatures to identify concepts and scenarios for optimal decision-making.” The startup says this approach leads to improved performance in challenging edge cases by understanding contextual elements of driving scenarios. A spin out from AI company Cortica as a joint venture with Continental in 2019, it is based in Tel Aviv, Israel.
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Autobrains says this “avant-garde approach” enables its AI to learn just like the human brain does, via neural networks. That enables cars powered by its AI to learn, collaborate and interact with the real world with no supervision, using only the data and scenarios from the car’s surroundings to enable decision-making just like the human brain, in real time.
Self-learning autonomous driving AI startup Autobrains closes $120M Series C round - SiliconANGLE
siliconangle.com
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A lot of self-driving technology (Mobileye’s being one example) is based around lidar sensors, with a few companies (like
Wayve) building systems on lower-cost bases using radar, smartphones and AI to stitch the experience together. Autobrains takes a different approach that might be described as hardware-agnostic, using radar, and also lidar, but only if the OEM has built it in.
The company’s approach comes from more than a decade of R&D. Originally, the startup descends from a company called Cortica AI (which Rachelgauz had founded), which has spent years building AI-based imaging technology applied across a wide variety of use cases (our
first coverage of it, in fact, was about developing image recognition for advertising): Autobrains was spun out and initially branded as “
Cartica AI” to realize more of the value of the IP as it pertained to the very specific use case of driving. The company says it has more than 250 patents filed on its technology.
AI has been the backbone of many a technological breakthrough over the years, but one challenge it has yet to solve is that of self-driving: try as they
techcrunch.com
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