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      <p>
        Cosmo Tech, a planning and management company in the Digital Twin industry, raised an undisclosed amount via the first phase of a Series C funding round from Accenture Ventures and Sam George, former Corporate VP at Microsoft. Further, Mr. Sam George has joined the company&rsquo;s board of directors. The second phase of the Series C round is expected to close by the end of March 2023.&nbsp;
      </p>
    </li>
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      <p>
        The funding from Accenture Venture is part of its program Project Spotlight which invests in emerging software companies. In addition to the funding, Accenture will provide Cosmo Tech access to its technological expertise and enterprise clients.&nbsp;
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  <p>
    <a href="https://cosmotech.com/company/news/press-release/cosmo-tech-welcomes-accenture-investment-and-industry-expert-sam-george-to-board/">
      Company Press Release - Cosmo Tech
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  <p>
    <a href="https://newsroom.accenture.com/news/accenture-invests-in-cosmo-tech-expanding-clients-access-to-digital-twin-simulation-technology.htm">
      Company Press Release - Accenture
    </a>
  </p>
  <p>
    <a href="https://www.finsmes.com/2023/01/cosmo-tech-receives-investment-from-accenture-ventures.html">
      FinSMEs
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Digital Twin

Cosmo Tech raises an undisclosed amount via the first phase of Series C funding

Automation and robotics are finally creating solutions for the complexities of doorstep deliveries.

Last-mile Delivery Automation

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 <p>Matternet, a drone-delivery services company, has collaborated with ANRA Technologies, a provider of UAS traffic management solutions, to improve airspace management in urban drone delivery networks. This partnership aims to integrate ANRA's UTM capabilities with Matternet's Software Platform to effectively manage drone trajectories, lessen collision threats, and secure safe beyond-visual-line-of-sight (BVLOS) operations in shared airspace.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> These product enhancements would support Matternet's expansion of home delivery services, which are currently operational in <a href="https:<br>
//sp-edge.com/updates/34441"> Silicon Valley </a> (Mountain View and Sunnyvale, California).</p>

Matternet partners with ANRA Technologies for drone delivery traffic management solutions

<div>
 <p>Delivery droid maker, Ottonomy, has partnered with DPD, a UK-based parcel delivery service, to use their autonomous delivery robot, "Ottobot," for last mile deliveries in the UK. This is the first deployment of Ottonomy's tech in the UK.</p>
 <p>The Ottobot will start its operations in Milton Keynes, utilizing the Redway network of the city, and will deliver parcels through a PIN-based collection system for customers.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> The partnership expands DPD's existing autonomous delivery operations, which began <a href="https:<br>
//sp-edge.com/updates/11497"> in July 2022 </a> in collaboration with rival droid-based delivery services provider Cartken. That was first debuted in Milton Keynes and was later expanded to include cities such as <a href="https:<br>
//www.fleetnews.co.uk/news/dpd-expands-autonomous-robot-parcel-delivery-service"> Raunds, Bristol, and Lincoln </a> in the UK.</p>

Ottonomy partners with DPD to deploy autonomous delivery robots in UK

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

INCUMBENTS_PRESENT

<div>
 <p>Alphabet's self-driving tech unit, Waymo, has made its robotaxi service available to all residents of Los Angeles, California, eliminating the previous waitlist requirement. The service covers 80 sq mi of the county and can be accessed round the clock via the Waymo One app. Some of the areas covered include Santa Monica, Hollywood Boulevard, USC, among others.</p>
 <p>The robotaxi service operates fully autonomous electric Jaguar I-Pace vehicles for ride-hailing. It has a user satisfaction rate of 98%, with a 4.7-star rating out of five, and 96% of the users finding the service useful. Currently, Waymo handles more than 150,000 paid rides weekly across its three markets: <a href="https://techcrunch.com/2022/11/10/now-anyone-can-hail-a-waymo-robotaxi-in-downtown-phoenix/"> Phoenix</a>, <a href="https://sp-edge.com/updates/21077"> San Francisco</a>, and <a href="https://sp-edge.com/updates/27179"> Los Angeles</a>.</p>
</div> <p><b>Analyst </b> <b>QuickTake:<br>
 </b> Previously, Waymo was permitted to offer only free driverless rides in parts of Los Angeles, and it obtained approval to launch commercial robotaxi services in the area in <a href="https:<br>
//sp-edge.com/updates/27179"> March 2024. </a> <a href="https:<br>
//sp-edge.com/updates/32361"> In August 2024, </a> the company mentioned that the demand had increased in Los Angeles, with over 150,000 people on the waitlist.</p>

Waymo opens robotaxi service to public in Los Angeles

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

<div>
 <p>Brightpick, a firm that designs autonomous mobile robots for warehouse automation, has secured USD 12 million in a funding round involving equity and debt. The round was participated in by a new investor, EBRD Venture Capital, and several existing investors. With this, the total funds raised by the company so far have reached USD 47 million.</p>
 <p>The newly acquired funds are intended to facilitate the launch of Brightpick's automation solutions on the US market. The company predicts that by 2024, this market sector will be responsible for half of its total revenue.</p>
</div>

Brightpick raises USD 12 million in funding to accelerate US deployment

Additive manufacturing makes objects by systematically adding material via a CAD program

Additive Manufacturing

<div>
 <p>ArcelorMittal, a steel solutions provider, is collaborating with HP to create steel additive manufacturing solutions through the use of HP's Metal Jet S100 technology.</p>
 <p>This partnership will see ArcelorMittal incorporating its steel powders with HP's binder jetting technology. ArcelorMittal's research center will also serve as a hub for developing new applications with clients. The goal of this collaboration is to decrease cost per part and expand material options for 3D printing, especially within the automotive industry.</p> 
</div> <p><b>Analyst QuickTake:<br>
 </b> ArcelorMittal has been gradually expanding its presence in the steel additive manufacturing through partnerships after it <a href="https:<br>
//sp-edge.com/updates/24011"> entered the additive manufacturing market </a> almost exactly one year ago. This marks its second partnership since it <a href="https:<br>
//sp-edge.com/updates/30133"> signed an MOU with Materialise in June </a> to collaborate on solutions for optimizing laser powder bed fusion (LPBF) equipment and metal 3D printing strategies.</p>

ArcelorMittal partners with HP to develop steel additive manufacturing solutions

Technology providers that enhance satellite operations

Next-gen Satellites

<div>
 <p>Japanese satellite manufacturer, Synspective, has begun the production of small Synthetic Aperture Radar (SAR) satellites at its Yamato Technology Center. This is in addition to its existing operations in Tokyo and Singapore. </p>
 <p>The Yamato Technology Center is designed to produce 12 small SAR satellites annually. It uses iterative manufacturing, a method where production data is consistently collected and analyzed to make ongoing improvements.
 <p>Synspective reports that with this new facility and collaborations with Seiren and TOKYO KEIKI, it now has an efficient production setup for its StriX SAR satellites and aims to launch a constellation of 30 satellites by the late 2020s.</p>
</div>

Synspective commences full-scale SAR satellite manufacturing at Yamato Technology Center

The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

<div>
 <p>SAS, a leading software firm, has bought the main software assets of a synthetic data pioneer, Hazy, which is based in London. The details of the transaction, including the purchase price, have not been disclosed.</p>
 <p>This purchase will significantly improve SAS's Data Maker platform. As a result of this acquisition, SAS customers will now be able to create hypothetical future scenarios. This would allow for swifter AI-project deployment through the use of synthetic databases, increased privacy of data, and financial savings on gathering data. It is expected that the improved services will be ready for a preview in early 2025.</p>
 <p>Hazy has prowess in developing synthetic data technology. This technology imitates the statistical trends observed in actual data but does not reveal any private, identifiable, or restricted information. This unique feature of synthetic data technology can aid organizations in mitigating data shortage and privacy concerns while enhancing the accuracy of their models.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The news aligns with SAS's USD 1 billion commitment in <a href="https:<br>
//itbrief.co.uk/story/sas-invests-1-billion-to-propel-generative-ai-in-multiple-sectors-expands-microsoft-partnership"> September 2023 </a> to expand GenAI solutions across multiple industries, including banking, life sciences, and retail. The M&amp;A also expands on the company's existing machine learning operations, including <a href="https:<br>
//www.sas.com/en_hk/solutions/ai/generative-ai.html"> SAS Viya </a> , an LLM deployment solution.</p>

SAS acquires Hazy to leverage synthetic data generation capabilities

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

<div>
 <p>Nutanix has introduced Enterprise AI, a cloud-native Long Life-cycle Management (LLM) platform suitable for any Kubernetes setup. This platform can be deployed at various locations including the cloud, edge, or private data centers. It follows a subscription pricing model which depends on the used infrastructure resources.</p>
 <p>Enterprise AI offers automated tools to manage inference endpoints, secure APIs, and download models. It also comes equipped with NVIDIA AI Microservices, supports Hugging Face foundation models and offers point-and-click workflow management. Users can benefit from role-based access controls and monitoring capabilities included within the platform.</p>

</div>

Nutanix launches Enterprise AI platform for LLM deployment

<div>
 <p>DataRobot has introduced an enterprise AI suite called the Integrated LLMOps platform. This is meant for creating and delivering bespoke GenAI applications and agents.</p>
 <p>This suite comes with composable AI applications and agents. It also consists of a shared library for AI applications and a workshop specifically for GenAI applications. Some of the important features are pre-made application templates, ready-to-use Q&amp;A applications, real-time application updates, updated development blocks and a single-click integration with SAP ecosystem.</p>
 <p>DataRobot aims at significantly reducing the implementation time for AI projects from months to mere hours with this suite. It is designed to support predictive as well as GenAI abilities. The suite also comes with in-built security measures to ensure model accuracy and data privacy. Lastly, it has a new observability stack that offers high-end visualization and analytical tools.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> The news builds on DataRobot's existing activities in the GenAI infrastructure space, having launched AI observability functions for real-time intervention in <a href="https:<br>
//sp-edge.com/updates/29077"> May 2024 </a> . Additionally, there has been a growing number of startups that aid in the deployment of AI agents, such as <a href="https:<br>
//sp-edge.com/companies/1999917"> Adept AI </a> , <a href="https:<br>
//sp-edge.com/companies/1725178"> Relevance AI, </a> and <a href="https:<br>
//sp-edge.com/companies/2927918"> SuperAGI </a> .</p>

DataRobot launches enterprise AI suite for GenAI applications

<div>
 <p>Red Hat is set to acquire Neural Magic, a startup specializing in optimizing GenAI inference workloads. The financial details of the deal remain undisclosed and it is currently pending regulatory reviews and customary closing conditions.</p>
 <p>The acquisition is part of Red Hat's initiative to improve the accessibility of GenAI across hybrid cloud environments and enrich its AI portfolio. This move will also provide organizations with an opportunity to optimize and deploy AI models with greater control over infrastructure and security.</p>
 <p>Neural Magic is recognized for its capability to process LLM workloads on standard processors at a pace comparable to specialized AI chips. The company, which has secured USD 50 million in venture capital, has been instrumental in the development of vLLM, an open-source project for model serving.</p>
</div>

All Updates

Cosmo Tech raises an undisclosed amount via the first phase of Series C funding

Matternet partners with ANRA Technologies for drone delivery traffic management solutions

Ottonomy partners with DPD to deploy autonomous delivery robots in UK

Waymo opens robotaxi service to public in Los Angeles

Brightpick raises USD 12 million in funding to accelerate US deployment

ArcelorMittal partners with HP to develop steel additive manufacturing solutions

Synspective commences full-scale SAR satellite manufacturing at Yamato Technology Center

SAS acquires Hazy to leverage synthetic data generation capabilities

Nutanix launches Enterprise AI platform for LLM deployment

DataRobot launches enterprise AI suite for GenAI applications

Red Hat to acquire Neural Magic to make GenAI workloads more accessible on hybrid cloud

Digital Twin

Cosmo Tech raises an undisclosed amount via the first phase of Series C funding

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