AI pioneer Andrew Ng’s Landing AI raises $57M in funding
Summary
Landing AI Inc., a startup led by artificial intelligence pioneer Andrew Ng, has raised $57 million in funding from a group of investors that included the venture capital arms of Intel Corp. and Samsung Electronics Co. Ltd. According to the startup, companies using its platform to identify manufacturing issues often achieve “substantial improvements in system accuracy.” LandingLens also promises to address several of the technical challenges historically involved in developing AI applications. One common source of complexity in deep learning projects that Landing AI is working to address with its platform is a shortage of large-scale training datasets. The process of building AI software involves training a neural network on a large volume of information so that it can learn to identify patterns and become more accurate. There’s a large number of potential manufacturing flaws that can prevent a processor from working as intended and tracking them all is difficult using traditional production line monitoring systems.
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