Emerging-Technologies

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Edge computing startup Edgify secures $6.5M seed from Octopus, Mangrove and semiconductor

Edgify, which builds AI for edge computing, has secured a $6.5 million seed funding round backed by Octopus Ventures, Mangrove Capital Partners and an unnamed semiconductor giant. The name was not released but TechCrunch understands it may be Intel Corp. or Qualcomm Inc.

Edgify’s technology allows “edge devices” (devices at the edge of the internet) to interpret vast amounts of data, train an AI model locally and then share that learning across its network of similar devices. This then trains all the other devices in anything from computer vision, NLP, voice recognition or any other form of AI.

The technology can be applied to anything from MRI machines, connected cars, checkout lanes, mobile devices and anything that has a CPU, GPU or NPU. Edgify’s technology is already being used in supermarkets, for instance.

Ofri Ben-Porat, CEO and co-founder of Edgify, commented in a statement: “Edgify allows companies, from any industry, to train complete deep learning and machine learning models, directly on their own edge devices. This mitigates the need for any data transfer to the Cloud and also grants them close to perfect accuracy every time, and without the need to retrain centrally.”

Mangrove partner Hans-Jürgen Schmitz, who will join Edgify’s Board comments: “We expect a surge in AI adoption across multiple industries with significant long-term potential for Edgify in medical and manufacturing, just to name a few.”

Simon King, partner and Deep Tech Investor at Octopus Ventures added: “As the interconnected world we live in produces more and more data, AI at the edge is becoming increasingly important to process large volumes of information.”

So-called “edge computing” is seen as being one of the forefronts of deep tech right now.

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Final week to score $50 student passes to TC Sessions: Mobility 2020

Class is about to be in session, students. If you’re passionate about mobility and transportation tech and hungry to learn from the visionaries, makers and investors who are building the future today, don’t miss out on TC Sessions: Mobility 2020 on October 6-7.

We support you, the next generation of mobility tech leaders, so take advantage of our $50 student pass — a $145 savings. But don’t delay. The price increases on October 5.

TC Sessions: Mobility 2020 offers two days packed with 1:1 interviews and panel discussions with the people at the top of game — the leaders, movers and shakers who continue to push beyond what seems possible. You won’t just hear from them, you’ll engage with them during a series of Q&A breakout sessions.

Whether you’re focused on micromobility, connected data, EVs or regulatory trends, you’ll find it — and much more — across the main stage, breakout sessions and sponsored sessions. Here’s a taste of what to expect. Be sure to study the event agenda and start strategizing your schedule now.

Driving the Mobility Revolution with Connected Car Data: Bret Scott, Wejo VP, discusses the future of mobility and how connected car data impacts the world of autonomous, electric and shared cars.

Software Is Revolutionizing the Driver Experience and Driving Mass Electrification: Software in EVs enables a shift from buying a car to investing in an experience. ChargePoint CEO Pasquale Romano discusses how it’s driving adoption, revolutionizing behavior and keeping up with demand.

Uber’s City Footprint: Uber touches many aspects of the transportation ecosystem — autonomous vehicles, food delivery, trucking and traditional ride-hailing. Director of Policy, Cities & Transportation Shin-pei Tsay discusses Uber’s place in cities and how she navigates various regulatory frameworks.

This virtual conference draws a global audience and thousands of attendees. Talk about the perfect place to build your network — an essential part of any successful career. Find that dream internship or exciting employment opportunities and explore more than 40 early-stage mobility startups in the expo area.

Take advantage of CrunchMatch, our free AI-enhanced networking platform. It’s an easy-to-use tool to find and connect with the people who can help you advance your startup aspirations. Stay focused and organized as you schedule 1:1 meetings, meet founders, pitch investors, discuss your resume and otherwise impress the pants off influential people.

Class is in session on October 6-7. Join your community, dazzle the experts and build a firm foundation for your future at TC Sessions: Mobility 2020. Purchase your student pass before the price increases on October 5, and save a chunk of cash.

Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.

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Skydio partners with EagleView for autonomous residential roof inspections via drone

Skydio only just recently announced its expansion into the enterprise and commercial market with hardware and software tools for its autonomous drone technology, and now it’s taking the lid off a brand new big partnership with one commercial partner. Skydio will work with EagleView to deploy automated residential roof inspections using Skydio drones, with service initially provide via EagleView’s Assess product, launching first in the Dallas/Ft. Worth area of Texas.

The plan is to expand coverage to additional metro areas starting next year, and then broaden to rural customers as well. The partners will use AI-based analysis, paired with Skydio’s high-resolution, precision imaging to provide roofing status information to insurance companies, claims adjustment companies and government agencies, providing a new level of quality and accuracy for property inspections that don’t even require an in-person roof inspection component.

Skydio announced its enterprise product expansion in July, alongside a new $100 million funding round. The startup, which has already delivered two generations of its groundbreaking fully autonomous consumer drone, also debuted the X2, a commercial drone that includes additional features like a thermal imaging camera. It’s also offering a suite of “enterprise skills,” software features that can provide its partners with automated workflows and AI analysis and processing, including a House Scan feature for residential roof inspection, which is core to this new partnership.

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48 hours left to save on TC Sessions: Mobility 2020

Don’t you just love the feeling you get when crossing a task off your to-do list? It’s exponentially bigger and better when you can save $100 at the same time. Here’s the thing — you have just 48 hours to buy an early-bird pass to TC Sessions: Mobility 2020, save $100 and experience the all-too-elusive bliss of Getting. It. Done.

Want to feel all the feels? Buy your pass before the deadline expires on September 11 at 11:59 p.m. (PT).

Now that you’re all set in the pass department, let’s turn to the events of October 6-7. We have an outstanding agenda focused on the technology, trends and regulatory issues surrounding the current and future state of mobility.

Here are just a few of the many of the brilliant speakers and timely topics you can enjoy (see the entire Mobility 2020 agenda here):

  • The Future of Racing: Formula E driver Lucas Di Grassi is part of a new racing series, in which riders on high-speed electric scooters compete against each other on temporary circuits in cities. Think Formula E, but with electric scooters. The former CEO of Roborace and sustainability ambassador of the EsC, Electric Scooter Championship, will join us to talk about electrification, micromobility and a new kind of motorsport.
  • Investing in Mobility: Reilly Brennan, Amy Gu and Olaf Sakkers will come together to debate the uncertain future of mobility tech and whether VC dollars are enough to push the industry forward.
  • Uber’s City Footprint: Uber’s operations touch upon many aspects of the transportation ecosystem. Whether it’s autonomous vehicles, food delivery, trucking or traditional ride-hailing, these products and services all require Uber to interact with cities and ensure the company is on the good side of cities. That’s where Shin-pei Tsay comes in. Hear from Tsay about how she thinks through Uber’s place in cities and how she navigates various regulatory frameworks.

You can also explore more than 40 early-stage mobility startups exhibiting their tech and talent in the digital expo. Want to really strut your stuff? Apply here by September 15 to participate in our first Pitch Night — we’re looking for 10 outstanding early-stage founders to throw down in front of judges on October 5. Five finalists will move on to present live from the Mobility Main stage on October 6 — alongside folks like Boris Sofman of Waymo, Nancy Sun of Ike and Trucks VC’s Reilly Brennan. You’ll gain world-wide exposure to thousands of TC viewers, including investors and press.

The early-bird deal disappears in 48 hours. Buy your TC Sessions: Mobility 2020 pass before September 11 at 11:59 p.m. (PT). Cross off the task, feel the joy, save $100 and do what it takes to drive your business forward.

Is your company interested in sponsoring or exhibiting at TC Sessions: Mobility 2020? Contact our sponsorship sales team by filling out this form.

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Synthetic biology startups are giving investors an appetite

There’s a growing wave of commercial activity from companies that are creating products using new biological engineering technologies.

Perhaps the most public (and tastiest) example of the promise biomanufacturing holds is Impossible Foods . The meat replacement company whose ground plants (and bioengineered additives) taste like ground beef just raised another $200 million earlier this month, giving the privately held company a $4 billion valuation.

But Impossible is only the most public face for what’s a growing trend in bioengineering — commercialization. Platform companies like Ginkgo Bioworks and Zymergen that have large libraries of metagenomic data that can be applied to products like industrial chemicals, coatings and films, pesticides and new ways to deliver nutrients to consumers.

The new products coming to market

In fact, by 2021 consumer products made with Zymergen’s bioengineered thin films should be appearing at the Consumer Electronics Show (if there is a Consumer Electronics Show). It’s one of several announcements this year from the billion dollar-valued startup.

In August, Zymergen announced that it was working with herbicide and pesticide manufacturer FMC in a partnership that will see the seven-year-old startup be an engine for product development at the nearly 130-year-old chemical company.

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Agtech startup iFarm bags $4M to help vertical farms grow more tasty stuff

Vertical farming technology provider iFarm has bagged a $4 million seed round, led by Gagarin Capital, an earlier investor in the startup. Other investors in the round include Matrix Capital, Impulse VC, IMI.VC and several business angels.

The Finnish startup is focused on providing software that enables others to carry out vertical farming — targeting sales at food processing companies and FMCG giants, as well as farmers, university research centers and even large corporates with their own catering needs as a result of operating large physical office footprints.

Its software as a service platform automates crop care for plants such as salad greens, cherry tomatoes and berries grown in vertical stacks. The system involves a range of technologies to monitor and automate crop care, applying computer vision and machine learning and drawing on data on “thousands” of plants collected from a distributed network of farms, per iFarm .

At this stage it’s providing technology to around 50 projects in Europe and the Middle East — covering a total of 11,000 square meters of farm. Its platform is currently able to automate care for around 120 varieties of plants, with the goal of getting to 500 by 2025 (it says 10 new crop varieties are being added each month).

“iFarm started three years ago, with three founders. The goal is to build technology… for growing tasty and healthy food that we already eat,” says co-founder and CEO Max Chizhov, who notes the business has grown to 15 employees along the way.

“We started from a greenhouse. First year just looking for technologies — which kind of technologies to use. After one year of experiments we have some pilots and now we are focused on indoor farming, vertical farming.”

Vertical farming is an urban farming technique that involves stacking plants in dense layers in a highly controlled indoor environment, using LED lighting to replace sunlight to power all-year-round agriculture.

Furthermore, iFarm notes that the fully automated approach also means there’s no need for pesticides to grow a range of edible greens, herbs, fruits, flowers and vegetables. There are some natural limits on what can be grown within such systems — taller plants and trees obviously can’t be squeezed into stacks. Deep-root vegetables also aren’t suitable, although iFarm touts baby carrots among its product portfolio.

“We focus on profitable products,” says Chizhov. “Small crops, very fast growing crops, and easy to irrigate and easy to grow in many layers. Many layers is the advantage of indoor farms.”

Photo credit: iFarm

While there are now hundreds of vertical farming startups whose business model is fixed on selling the edible produce they grow, such as to supply supermarkets and other food retailers, iFarm is purely focused on developing technologies to support automated indoor agriculture.

So it might, for instance, be eyeing the likes of Infarm, Bowery and Plenty as potential customers for its vertical farming optimization technologies.

It says its systems can be applied to vertical farms of 20 to 20,000 square meters, supporting scalability.

“Our main advantage is we know how to grow and you don’t need any special technologies to know how to grow. All of our algorithms, all of the data, is based in our software,” says Chizhov, emphasizing the software is hardware agnostic — meaning customers don’t need to use iFarm’s kit for their vertical farms but just can apply its algorithms to their own set-ups.

The company has designed various bits of vertical farm hardware it can supply, or co-develop with customers, per Chizhov, such as fertilizer units and LED lighting. But the software as a service platform isn’t locked to any specific piece of kit.

“The main thing is the software that combines optimization systems like humidity, temperature, CO2 etc; and some business separations — like why, how, when we start growing, which clients,” he says, adding: “It’s like a CRM plus an ERP system that controls all the parameters.

“In this system we use computer vision systems. We use AI for increasing taste [of the edible produce], increasing yield parameters of our growing crops. We also use drones which fly in our farms and observe all of our greens and all of our plants. We optimize all of the processes in the farm using software and some [pieces of hardware] that use the software.”

Chizhov says the seed funding will be used to gradually expand the business into new regions — with a launch into the U.S. market on the cards in two years’ time — but the main priority now is to spend on further software development.

“The main goal is [adding] new type of crops,” he notes. “Research, development, new products.”

On the competitive front, iFarm is not the only technology provider seeking to sell to the burgeoning vertical farming sector. Chizhov says there are around 10 to 15 similar agtech startups. But he contends its tech and approach has the edge over the likes of U.K.-based Intelligent Growth Solutions, Belgium’s Urban Crop Solutions, Switzerland’s Growcer, U.S. “container farms” provider Freight Farms or China’s Alesca Life, to name-check a handful of other players in the space.

“There are some companies in this market that also provide solutions but with less optimization, with less software value and with less product mix/product line,” he argues. “The main difference is the type of crops; it’s software that we provide for our clients — because you don’t need to know how to grow; you don’t need to be a specialist in your company, you just push a button. And we provide excellent services for our clients. Design, installation, operation, help to sell the final product, etc.”

Chizhov also notes iFarm has filed patents to protect some of its technologies.

Photo credit: iFarm

Mikhail Taver, GP of Gagarin Capital, who is the lead investor in iFarm’s seed round, says the startup stood out on account of having a competitive advantage in the sector. Although he also notes that the fund’s agtech strategy is focused on indoor farming rather than mainstream outdoors — which again makes iFarm a good fit.

“We do see a large potential in the sector with the [world’s] rising population. We see the increasing demand for food — it’s only going to continue. We see global warming and general sustainability issues. And iFarm seems to be able to solve most of those,” Taver told TechCrunch.

“I don’t really see much competitors able to grow things other than greens,” he added, elaborating on the competitive edge claim. “You don’t normally get proper tomatoes or edible flowers and things like that grown in vertical farms. They mainly concentrate on a couple of salads at most.

“Plus most of our competitors they focus on competing with actual farmers, whereas we’re trying to augment them. We don’t try to force them off the market — we’re trying to help them get bigger. Which is a totally different approach and it should be working better. At least that’s what I believe.”

This article was updated with a correction: We were originally given the incorrect job title for Max Chizhov; he is in fact CEO, not CBDO.

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The race to building a fully functional quantum stack

David Cowan
Contributor

David Cowan is a partner at Bessemer Venture Partners and one of the world’s leading investors across cloud infrastructure, cybersecurity, consumer and space technology.

Tomer Diari
Contributor

Tomer Diari is a vice president at Bessemer Venture Partners, where he focuses primarily on cybersecurity, big data and deep tech opportunities.

Quantum computers exploit the seemingly bizarre yet proven nature of the universe that until a particle interacts with another, its position, speed, color, spin and other quantum properties coexist simultaneously as a probability distribution over all possibilities in a state known as superposition. Quantum computers use isolated particles as their most basic building blocks, relying on any one of these quantum properties to represent the state of a quantum bit (or “qubit”). So while classical computer bits always exist in a mutually exclusive state of either 0 (low energy) or 1 (high energy), qubits in superposition coexist simultaneously in both states as 0 and 1.

Things get interesting at a larger scale, as QC systems are capable of isolating a group of entangled particles, which all share a single state of superposition. While a single qubit coexists in two states, a set of eight entangled qubits (or “8Q”), for example, simultaneously occupies all 2^8 (or 256) possible states, effectively processing all these states in parallel. It would take 57Q (representing 2^57 parallel states) for a QC to outperform even the world’s strongest classical supercomputer. A 64Q computer would surpass it by 100x (clearly achieving quantum advantage) and a 128Q computer would surpass it a quintillion times.

In the race to develop these computers, nature has inserted two major speed bumps. First, isolated quantum particles are highly unstable, and so quantum circuits must execute within extremely short periods of coherence. Second, measuring the output energy level of subatomic qubits requires extreme levels of accuracy that tiny deviations commonly thwart. Informed by university research, leading QC companies like IBM, Google, Honeywell and Rigetti develop quantum engineering and error-correction methods to overcome these challenges as they scale the number of qubits they can process.

Following the challenge to create working hardware, software must be developed to harvest the benefits of parallelism even though we cannot see what is happening inside a quantum circuit without losing superposition. When we measure the output value of a quantum circuit’s entangled qubits, the superposition collapses into just one of the many possible outcomes. Sometimes, though, the output yields clues that qubits weirdly interfered with themselves (that is, with their probabilistic counterparts) inside the circuit.

QC scientists at UC Berkeley, University of Toronto, University of Waterloo, UT Sydney and elsewhere are now developing a fundamentally new class of algorithms that detect the absence or presence of interference patterns in QC output to cleverly glean information about what happened inside.

The QC stack

A fully functional QC must, therefore, incorporate several layers of a novel technology stack, incorporating both hardware and software components. At the top of the stack sits the application software for solving problems in chemistry, logistics, etc. The application typically makes API calls to a software layer beneath it (loosely referred to as a “compiler”) that translates function calls into circuits to implement them. Beneath the compiler sits a classical computer that feeds circuit changes and inputs to the Quantum Processing Unit (QPU) beneath it. The QPU typically has an error-correction layer, an analog processing unit to transmit analog inputs to the quantum circuit and measure its analog outputs, and the quantum processor itself, which houses the isolated, entangled particles.

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Hypotenuse AI wants to take the strain out of copywriting for e-commerce

Imagine buying a dress online because a piece of code sold you on its ‘flattering, feminine flair’ — or convinced you ‘romantic floral details’ would outline your figure with ‘timeless style’. The very same day your friend buy the same dress from the same website but she’s sold on a description of ‘vibrant tones’, ‘fresh cotton feel’ and ‘statement sleeves’.

This is not a detail from a sci-fi short story but the reality and big picture vision of Hypotenuse AI, a YC-backed startup that’s using computer vision and machine learning to automate product descriptions for e-commerce.

One of the two product descriptions shown below is written by a human copywriter. The other flowed from the virtual pen of the startup’s AI, per an example on its website.

Can you guess which is which?* And if you think you can — well, does it matter?

Screengrab: Hypotenuse AI’s website

Discussing his startup on the phone from Singapore, Hypotenuse AI’s founder Joshua Wong tells us he came up with the idea to use AI to automate copywriting after helping a friend set up a website selling vegan soap.

“It took forever to write effective copy. We were extremely frustrated with the process when all we wanted to do was to sell products,” he explains. “But we knew how much description and copy affect conversions and SEO so we couldn’t abandon it.”

Wong had been working for Amazon, as an applied machine learning scientist for its Alexa AI assistant. So he had the technical smarts to tackle the problem himself. “I decided to use my background in machine learning to kind of automate this process. And I wanted to make sure I could help other e-commerce stores do the same as well,” he says, going on to leave his job at Amazon in June to go full time on Hypotenuse.

The core tech here — computer vision and natural language generation — is extremely cutting edge, per Wong.

“What the technology looks like in the back end is that a lot of it is proprietary,” he says. “We use computer vision to understand product images really well. And we use this together with any metadata that the product already has to generate a very ‘human fluent’ type of description. We can do this really quickly — we can generate thousands of them within seconds.”

“A lot of the work went into making sure we had machine learning models or neural network models that could speak very fluently in a very human-like manner. For that we have models that have kind of learnt how to understand and to write English really, really well. They’ve been trained on the Internet and all over the web so they understand language very well. “Then we combine that together with our vision models so that we can generate very fluent description,” he adds.

Image credit: Hypotenuse

Wong says the startup is building its own proprietary data-set to further help with training language models — with the aim of being able to generate something that’s “very specific to the image” but also “specific to the company’s brand and writing style” so the output can be hyper tailored to the customer’s needs.

“We also have defaults of style — if they want text to be more narrative, or poetic, or luxurious —  but the more interesting one is when companies want it to be tailored to their own type of branding of writing and style,” he adds. “They usually provide us with some examples of descriptions that they already have… and we used that and get our models to learn that type of language so it can write in that manner.”

What Hypotenuse’s AI is able to do — generate thousands of specifically detailed, appropriately styled product descriptions within “seconds” — has only been possible in very recent years, per Wong. Though he won’t be drawn into laying out more architectural details, beyond saying the tech is “completely neural network-based, natural language generation model”.

“The product descriptions that we are doing now — the techniques, the data and the way that we’re doing it — these techniques were not around just like over a year ago,” he claims. “A lot of the companies that tried to do this over a year ago always used pre-written templates. Because, back then, when we tried to use neural network models or purely machine learning models they can go off course very quickly or they’re not very good at producing language which is almost indistinguishable from human.

“Whereas now… we see that people cannot even tell which was written by AI and which by human. And that wouldn’t have been the case a year ago.”

(See the above example again. Is A or B the robotic pen? The Answer is at the foot of this post)

Asked about competitors, Wong again draws a distinction between Hypotenuse’s ‘pure’ machine learning approach and others who relied on using templates “to tackle this problem of copywriting or product descriptions”.

“They’ve always used some form of templates or just joining together synonyms. And the problem is it’s still very tedious to write templates. It makes the descriptions sound very unnatural or repetitive. And instead of helping conversions that actually hurts conversions and SEO,” he argues. “Whereas for us we use a completely machine learning based model which has learnt how to understand language and produce text very fluently, to a human level.”

There are now some pretty high profile applications of AI that enable you to generate similar text to your input data — but Wong contends they’re just not specific enough for a copywriting business purpose to represent a competitive threat to what he’s building with Hypotenuse.

“A lot of these are still very generalized,” he argues. “They’re really great at doing a lot of things okay but for copywriting it’s actually quite a nuanced space in that people want very specific things — it has to be specific to the brand, it has to be specific to the style of writing. Otherwise it doesn’t make sense. It hurts conversions. It hurts SEO. So… we don’t worry much about competitors. We spent a lot of time and research into getting these nuances and details right so we’re able to produce things that are exactly what customers want.”

So what types of products doesn’t Hypotenuse’s AI work well for? Wong says it’s a bit less relevant for certain product categories — such as electronics. This is because the marketing focus there is on specs, rather than trying to evoke a mood or feeling to seal a sale. Beyond that he argues the tool has broad relevance for e-commerce. “What we’re targeting it more at is things like furniture, things like fashion, apparel, things where you want to create a feeling in a user so they are convinced of why this product can help them,” he adds.

The startup’s SaaS offering as it is now — targeted at automating product description for e-commerce sites and for copywriting shops — is actually a reconfiguration itself.

The initial idea was to build a “digital personal shopper” to personalize the e-commerce experence. But the team realized they were getting ahead of themselves. “We only started focusing on this two weeks ago — but we’ve already started working with a number of e-commerce companies as well as piloting with a few copywriting companies,” says Wong, discussing this initial pivot.

Building a digital personal shopper is still on the roadmap but he says they realized that a subset of creating all the necessary AI/CV components for the more complex ‘digital shopper’ proposition was solving the copywriting issue. Hence dialing back to focus in on that.

“We realized that this alone was really such a huge pain-point that we really just wanted to focus on it and make sure we solve it really well for our customers,” he adds.

For early adopter customers the process right now involves a little light onboarding — typically a call to chat through their workflow is like and writing style so Hypotenuse can prep its models. Wong says the training process then takes “a few days”. After which they plug in to it as software as a service.

Customers upload product images to Hypotenuse’s platform or send metadata of existing products — getting corresponding descriptions back for download. The plan is to offer a more polished pipeline process for this in the future — such as by integrating with e-commerce platforms like Shopify .

Given the chaotic sprawl of Amazon’s marketplace, where product descriptions can vary wildly from extensively detailed screeds to the hyper sparse and/or cryptic, there could be a sizeable opportunity to sell automated product descriptions back to Wong’s former employer. And maybe even bag some strategic investment before then…  However Wong won’t be drawn on whether or not Hypotenuse is fundraising right now.

On the possibility of bagging Amazon as a future customer he’ll only say “potentially in the long run that’s possible”.

Joshua Wong (Photo credit: Hypotenuse AI)

The more immediate priorities for the startup are expanding the range of copywriting its AI can offer — to include additional formats such as advertising copy and even some ‘listicle’ style blog posts which can stand in as content marketing (unsophisticated stuff, along the lines of ’10 things you can do at the beach’, per Wong, or ’10 great dresses for summer’ etc).

“Even as we want to go into blog posts we’re still completely focused on the e-commerce space,” he adds. “We won’t go out to news articles or anything like that. We think that that is still something that cannot be fully automated yet.”

Looking further ahead he dangles the possibility of the AI enabling infinitely customizable marketing copy — meaning a website could parse a visitor’s data footprint and generate dynamic product descriptions intended to appeal to that particular individual.

Crunch enough user data and maybe it could spot that a site visitor has a preference for vivid colors and like to wear large hats — ergo, it could dial up relevant elements in product descriptions to better mesh with that person’s tastes.

“We want to make the whole process of starting an e-commerce website super simple. So it’s not just copywriting as well — but all the difference aspects of it,” Wong goes on. “The key thing is we want to go towards personalization. Right now e-commerce customers are all seeing the same standard written content. One of the challenges there it’s hard because humans are writing it right now and you can only produce one type of copy — and if you want to test it for other kinds of users you need to write another one.

“Whereas for us if we can do this process really well, and we are automating it, we can produce thousands of different kinds of description and copy for a website and every customer could see something different.”

It’s a disruptive vision for e-commerce (call it ‘A/B testing’ on steroids) that is likely to either delight or terrify — depending on your view of current levels of platform personalization around content. That process can wrap users in particular bubbles of perspective — and some argue such filtering has impacted culture and politics by having a corrosive impact on the communal experiences and consensus which underpins the social contract. But the stakes with e-commerce copy aren’t likely to be so high.

Still, once marketing text/copy no longer has a unit-specific production cost attached to it — and assuming e-commerce sites have access to enough user data in order to program tailored product descriptions — there’s no real limit to the ways in which robotically generated words could be reconfigured in the pursuit of a quick sale.

“Even within a brand there is actually a factor we can tweak which is how creative our model is,” says Wong, when asked if there’s any risk of the robot’s copy ending up feeling formulaic. “Some of our brands have like 50 polo shirts and all of them are almost exactly the same, other than maybe slight differences in the color. We are able to produce very unique and very different types of descriptions for each of them when we cue up the creativity of our model.”

“In a way it’s sometimes even better than a human because humans tends to fall into very, very similar ways of writing. Whereas this — because it’s learnt so much language over the web — it has a much wider range of tones and types of language that it can run through,” he adds.

What about copywriting and ad creative jobs? Isn’t Hypotenuse taking an axe to the very copywriting agencies his startup is hoping to woo as customers? Not so, argues Wong. “At the end of the day there are still editors. The AI helps them get to 95% of the way there. It helps them spark creativity when you produce the description but that last step of making sure it is something that exactly the customer wants — that’s usually still a final editor check,” he says, advocating for the human in the AI loop. “It only helps to make things much faster for them. But we still make sure there’s that last step of a human checking before they send it off.”

“Seeing the way NLP [natural language processing] research has changed over the past few years it feels like we’re really at an inception point,” Wong adds. “One year ago a lot of the things that we are doing now was not even possible. And some of the things that we see are becoming possible today — we didn’t expect it for one or two years’ time. So I think it could be, within the next few years, where we have models that are not just able to write language very well but you can almost speak to it and give it some information and it can generate these things on the go.”

*Per Wong, Hypotenuse’s robot is responsible for generating description ‘A’. Full marks if you could spot the AI’s tonal pitfalls

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Hear how three startups are approaching quantum computing differently at TC Disrupt 2020

Quantum computing is at an interesting point. It’s at the cusp of being mature enough to solve real problems. But like in the early days of personal computers, there are lots of different companies trying different approaches to solving the fundamental physics problems that underly the technology, all while another set of startups is looking ahead and thinking about how to integrate these machines with classical computers — and how to write software for them.

At Disrupt 2020 on September 14-18, we will have a panel with D-Wave CEO Alan Baratz, Quantum Machines co-founder and CEO Itamar Sivan and IonQ president and CEO Peter Chapman. The leaders of these three companies are all approaching quantum computing from different angles, yet all with the same goal of making this novel technology mainstream.

D-Wave may just be the best-known quantum computing company thanks to an early start and smart marketing in its early days. Alan Baratz took over as CEO earlier this year after a few years as chief product officer and executive VP of R&D at the company. Under Baratz, D-Wave has continued to build out its technology — and especially its D-Wave quantum cloud service. Leap 2, the latest version of its efforts, launched earlier this year. D-Wave’s technology is also very different from that of many other efforts thanks to its focus on quantum annealing. That drew a lot of skepticism in its early days, but it’s now a proven technology and the company is now advancing both its hardware and software platform.

Like Baratz, IonQ’s Peter Chapman isn’t a founder either. Instead, he was the engineering director for Amazon Prime before joining IonQ in 2019. Under his leadership, the company raised a $55 million funding round in late 2019, which the company extended by another $7 million last month. He is also continuing IonQ’s bet on its trapped ion technology, which makes it relatively easy to create qubits and which, the company argues, allows it to focus its efforts on controlling them. This approach also has the advantage that IonQ’s machines are able to run at room temperature, while many of its competitors have to cool their machines to as close to zero Kelvin as possible, which is an engineering challenge in itself, especially as these companies aim to miniaturize their quantum processors.

Quantum Machines plays in a slightly different part of the ecosystem from D-Wave and IonQ. The company, which recently raised $17.5 million in a Series A round, is building a quantum orchestration platform that combines novel custom hardware for controlling quantum processors — because once quantum machines reach a bit more maturity, a standard PC won’t be fast enough to control them — with a matching software platform and its own QUA language for programming quantum algorithms. Quantum Machines is Itamar Sivan’s first startup, which he launched with his co-founders after getting his Ph.D. in condensed matter and material physics at the Weizmann Institute of Science.

Come to Disrupt 2020 and hear from these companies and others on September 14-18. Get a front-row seat with your Digital Pro Pass for just $245 or with a Digital Startup Alley Exhibitor Package for $445. Prices are increasing next week, so grab yours today to save up to $300.

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Autonomous drone startup Skydio raises $100 million and launches the X2 commercial drone

Skydio has raised a $100 million Series C funding round, which was led by Next47 and includes participation from other new investors Levitate Capital and NTT DOCOMO Ventures, as well as existing investors a16z, IVP and Playground. This new funding will help the drone maker move faster on its product development efforts, and expand its go-to-market strategy to cover not only consumer applications, but also enterprise and public sector drone technology, the company says. To serve the market, Skydio also launched the X2 family of drone hardware today, which is designed for commercial use.

Founded in 2014, Skydio has raised $170 million total and launched two consumer-focused drones to date, both of which employ artificial intelligence technology to give them autonomous navigation capabilities. This means their drones can actively track objects and people, while simultaneously avoiding potential collisions with objects, including trees, power lines and other obstacles. The end result is video that looks like it was recorded by a professional film crew in a helicopter, but available to the general consumer market in a sub-$1,000 price point.

The first Skydio drone, the R1, was launched in 2018, and retailed for $2,499. Its intelligence and tracking capabilities were impressive, and were later improved via software updates and the second-generation hardware, which launched last year and is currently available for order.

Skydio’s new X2 drone platform is designed for enterprise use, and will ship in Q4 of this year, according to the company. It includes an onboard 360-degree superzoom camera, a FLIR 320×256 resolution thermal imaging camera, a battery life of 35 minutes of flying time and a maximum range of 6.2 miles. There’s also a Skydio Enterprise Controller for the drone, which has a touchscreen, hardware controls and a protective hood to block glare.

The move from consumer to enterprise makes a lot of sense for Skydio; the same collision avoidance features and easy piloting for which the company has received praise in the consumer world are very applicable in enterprise use. The company says that its close-proximity avoidance tech, which allows for very tight tolerances in flight, make it a great candidate for doing things like remote infrastructure and equipment inspection, where having a person do those would be dangerous or impossible.

X2 can also capture 180-degree images directly above itself, which makes it uniquely capable of inspecting bridge spans and other overhead construction from a different perspective than is offered by many rotor-drones like this one. And the infrared coverage means it can operate day and night, and provide heat-maps of targets.

Skydio will still serve the consumer market as well, but this progression throughout its brief history is likely a very attractive one for investors: The company went from an expensive, but highly capable, consumer product accessible only to a few individuals, to a much more accessibly priced but still high-tech offering, and now appears to be turning the economies it has realized in its tech to the potentially much more lucrative enterprise hardware and software arena.

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