Robohub.org
 

ABB invests in AI startup Vicarious

by
11 November 2014



share this:
abb-tech-ventures_800_390_80

ABB Technology Ventures, the VC arm of ABB, joins a long list of notables investing in artificial intelligence startup Vicarious Systems that include Peter Thiel, Jeff Bezos, Mark Zuckerberg, Elon Musk, Vinod Khosla and Ashton Kutcher.

Vicarious, a 2012 AI startup out of Union City, CA has raised $72 million thus far according to Crunchbase.com. The current Series C round, of which ABB was the sole investor, was $12 million (€9.6 million). Zurich-based ABB Technology Ventures said they were strategically investing in Vicarious’ research into vision, language and motor control for robotics to help ABB with machine learning, and human-robot collaboration and communication.

Vicarious is an AI company that uses the computational principles of the brain to build software that can think and learn like a human, and says its algorithms are aimed at achieving “human-level intelligence in vision, language, and motor control.” Vicarious also says that it has been focusing first on visual perception to interpret the contents of photographs and videos. In October, 2013 Vicarious used its vision algorithms to solve login captchas with an accuracy of 90%.

“Using inductive biases drawn from neuroscience, our system requires orders of magnitude less training data than traditional machine learning techniques. Our underlying framework combines advantages of deep architectures and generative probabilistic models.” From the Vicarious website.



tags: , , ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Robo-Insight #5

In this fifth edition, we are excited to feature robot progress in human-robot interaction, agile movement, enhanced training methods, soft robotics, brain surgery, medical navigation, and ecological research. 
25 September 2023, by

Soft robotic tool provides new ‘eyes’ in endovascular surgery

The magnetic device can help visualise and navigate complex and narrow spaces.

‘Brainless’ robot can navigate complex obstacles

Researchers who created a soft robot that could navigate simple mazes without human or computer direction have now built on that work, creating a “brainless” soft robot that can navigate more complex and dynamic environments.
21 September 2023, by

Battery-free origami microfliers from UW researchers offer a new bio-inspired future of flying machines

Researchers at the University of Washington present battery-free microfliers that can change shape in mid-air to vary their dispersal distance.

Virtual-reality tech is fast becoming more real

Touch sensations are improving to help sectors like healthcare and manufacturing, while other advances are being driven by the gaming industry.
16 September 2023, by

High-tech microscope with ML software for detecting malaria in returning travellers

Method not as accurate as human experts, but shows promise.
14 September 2023, by and





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association