Korea’s biggest manufacturers back Config, the TSMC of robot data
Korean manufacturing giants Samsung, Hyundai, and LG have invested in Config, a startup aiming to become the central data platform for the robotics industry.
Read on TechCrunch →
Deccan AI, an AI training data company, has secured $25 million in funding, leveraging India's talent pool to manage quality in the growing AI data market.
Why it matters
This funding round for Deccan AI highlights the significant investment flowing into the AI infrastructure sector, specifically in data annotation and training. As AI models become more sophisticated, the demand for high-quality, diverse training data is paramount. Companies like Deccan AI, by concentrating their workforce in India, are tapping into a large and skilled talent pool to meet this demand, which is crucial for the continued advancement and reliable deployment of AI technologies globally.
Deccan AI, a company that helps prepare data for AI, just got $25 million. They are using people in India to make sure the data is good, which is important because AI needs lots of high-quality data to learn.
Korean manufacturing giants Samsung, Hyundai, and LG have invested in Config, a startup aiming to become the central data platform for the robotics industry.
Read on TechCrunch →An experimental cafe in Stockholm is using an AI agent named Mona to manage operations, but the AI is facing financial difficulties and making poor inventory decisions.
Read on Economic Times Tech →Cerebras Systems is planning to increase its IPO price range to $150-$160 per share due to surging demand for its AI chips, indicating strong market interest in specialized AI hardware.
Read on Economic Times Tech →