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Ford's Latitude AI Is the Future of Automated Driving

03-03-2023

March 03, 2023

⚡ Today’s Highlights

  • 📰 News: Ford is developing the future of automated driving

  • 💰 Funding: Wunderkind, SpotDraft, and Henchman

  • 🦾 Tools: No code? No problem! Build a website on Shopify or computer vision AI models with no code.

  • 📅 Events: Next Tuesday (March 7) and Wednesday (March 8) are absolutely packed!

📰 Today's Top Stories

(4 min read) (Source: Ford)

TLDR: Ford has launched Latitude AI, a subsidiary developing a hands-free, eyes-off-the-road automated driving system for next-generation Ford vehicles. The company has brought together a 550-person team with skills in software, robotics, machine learning, sensors, systems engineering, and operations. The team will be reimagining the customer experience by automating driving during tedious and unpleasant times, such as in traffic or on long stretches of highway.

Latitude AI is staffed with former Argo AI employees with experience in cloud platforms, software development tools, mapping, sensors, test operations, systems, and safety engineering. The team's primary focus is expanding on Ford's existing BlueCruise technology to bring fully automated driving to millions of vehicles.

(3 min read) (Source: Stability AI)

TLDR: Stability AI has launched Stability for Blender, a new tool for its Stable Diffusion community-driven AI platform that enables users to generate textures, videos, and other materials within Blender. Stable Diffusion is an AI post-processing tool that can transform creations with the use of post-processing effects. This new addition allows users to add AI post-processing effects to renders using an internet connection without requiring expensive hardware.

Stability for Blender enables users to generate textures and images for any purpose, animate properties in Stable Diffusion using Blender's built-in animation system, and streamline workflows by generating textures and videos directly within Stable Diffusion. This tool is an officially supported, zero-hassle way to use the Stability SDK inside Blender, allowing users to create highly customizable assets that reduce time and cost.

(8 min read) (Source: Brave)

TLDR: Brave Search, a free and open-source web browser that focuses on blocking online advertisements and website trackers, has launched a new AI-powered feature called the Summarizer that provides concise answers to user queries at the top of search results pages. The Summarizer uses multiple sources of information present on the web to produce accurate answers expressed in coherent language. Original sources of data are cited at all times, and users can easily turn off the Summarizer if they prefer not to use it.

The Brave Summarizer replaces the already query-dependent snippets with a summarized version of those snippets, highlighting the answer when possible. Brave Search processes daily peaks of 600 queries per second, with a summary generated for around 17% of queries. While there is a possibility of producing "hallucinations" or false/offensive text, Brave is committed to improving the models as user feedback comes in.

💰 Funding Alerts

  1. Wunderkind has raised $76 million in a Series C funding round led by Neuberger Berman. The platform plans to increase its use of AI and machine learning to help brands target web visitors through emails, texts, and other digital ad formats by analyzing visitors’ real-time and historical behaviours to match value to intent. The funding will be used for product development, hiring, and market expansion to expand their products outside of acquisition and conversion.

  2. SpotDraft, an AI-powered Contract Lifecycle Management (CLM) solution, has raised $26 million in a Series A funding round led by Premji Invest, with participation from existing investors 021 Capital, Riverwalk Holdings, and new investors like Prosus Ventures, Arkam Ventures, and 100x Entrepreneur Fund. SpotDraft's AI technology speeds up various aspects of the contract review and management process, providing a quick summary of tracked changes, semantic search across contracts, and generating follow-up tasks. The funds will be used to further improve their contract automation platform and expand their global presence, with a focus on aggressive growth in North America.

  3. Belgian legal tech company Henchman has raised $7 million in a Series A funding round led by Adjacent VC and Acton Capital, along with Conviction VC and several business angels. Henchman integrates GPT-3 to help lawyers draft and negotiate complex contracts faster by extracting previously written clauses from their existing contract database. The company plans to use the funds to expand geographically.

🦾 Trending Tools

  • Weaverse is a page builder that utilizes AI technology to simplify the page-building process for Shopify sellers. The platform features an AI assistant that automates tedious tasks and streamlines the page-building process. The platform's advanced technologies and algorithms enable fast page rendering performance, ensuring that pages load quickly and seamlessly. With Weaverse, users can effortlessly create high-converting pages without requiring any knowledge of CSS or web design.

  • Navan.ai empowers developers and businesses to construct and implement computer vision AI models with ease. This platform allows users to build models without writing code, leading to a reduction in development time and costs. Users can train their models using their own data, ensuring complete data privacy and ownership. The platform's streamlined interface enables users to effortlessly upload their images and process them in just a few clicks.

  • RoomGPT is a freely available open-source utility that leverages ControlNet to produce diverse renditions of rooms. With this tool, you can upload an image of any room and the machine learning model will process it to create a new version of the room. Experiment with different themes and visualize how your room will appear.

🌎 Fresh Content

1. Some of us just want to have nonsensical, unhinged conversations with the old ChatGPT. It seems like the new API may be a bit different from the vanilla ChatGPT we know now. It still has many safeguards in place but some users have found that it can be much looser in the things that it will respond to openly. (Reddit)

2. Two Minute Papers published this video covering Google’s Video Editor AI. It can do some phenomenal things! (YouTube)

3. Bing has a special talent for summarizing classic literature in emojis. (Twitter)

👀 More Reading

🧠 Resources

 📅 Upcoming Events

  1. “The data dividend” series (March 7, 2023 / Washington, DC, USA), programmed by Economist Impact and supported by IBM, brings together leaders in government and industry to discuss how to establish the strategy, culture and skills needed to foster a data-driven enterprise and cultivate new ways of thinking and working. In 2023, we break new ground as we tour cities around the world and discuss how organizations can realize their data dreams.

  2. ElevateIT: Phoenix Technology Summit 2023 (March 7, 2023 / Pheonix, AZ, USA) is a technology summit where regional C-Suite executives, industry experts, and law enforcement will discuss how to optimize and secure businesses for profitability and growth. Topics include maintaining market base during disruptive times, capitalizing on disruption for competitive advantage, and maintaining digital trust while creating value. Process automation, data protection, and cybersecurity are top strategic components for governance and innovation, and digital cybersecurity is crucial for accuracy and speed.

  3. Presenting the second edition of Convergence Conference (March 7-8, 2023 / Virtual), explore the new frontiers of machine learning including novel applications, tools and processes! This free two-day virtual event features 25+ talks, panels and workshops by leading data scientists who share cutting-edge ML techniques to solve complex problems in the real world.

  4. The Women in Data Science (WiDS) central conference (March 8, 2023 / Stanford, CA, USA) is a technical conference featuring outstanding women discussing their exceptional work in data science and related fields, in a wide variety of domains. Everyone is welcome and encouraged to attend. You’ll want to be in the room to experience the energy of this unique conference, connecting with attendees from industry, academia, non-profits, and government and learning from the sessions. Come to be inspired by and learn from outstanding speakers and panellists on topics ranging from, amongst others, algorithm design to data ethics, algorithmic bias to visualization, sustainability to healthcare, and outer space.

  5. Don’t miss the 18th Annual ACM/IEEE International Conference on Human Robot Interaction (HRI) (March 13-16, 2023 / Stockholm, Sweden + Virtual). Researchers from across the world present their best work to HRI to exchange ideas about theory, technology, data, and science furthering the state-of-the-art in the field. The conference theme for HRI 2023 is “HRI for all” and will focus on key HRI theories, methods, designs, studies, and technical advances that aim to understand and promote inclusion and diversity in HRI.

 💼 Jobs

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