Year: 2019

07 Jan 2019

DARPA wants to build an AI to find the patterns hidden in global chaos

That most famous characterization of the complexity causality, a butterfly beating its wings and causing a hurricane on the other side of the world, is thought-provoking but ultimately not helpful. What we really need is to look at a hurricane and figure out which butterfly caused it — or perhaps stop it before it takes flight in the first place. DARPA thinks AI should be able to do just that.

A new program at the research agency is aimed at creating a machine learning system that can sift through the innumerable events and pieces of media generated every day and identify any threads of connection or narrative in them. It’s called KAIROS: Knowledge-directed Artificial Intelligence Reasoning Over Schemas.

“Schema” in this case has a very specific meaning. It’s the idea of a basic process humans use to understand the world around them by creating little stories of interlinked events. For instance when you buy something at a store, you know that you generally walk into the store, select an item, bring it to the cashier, who scans it, then you pay in some way, and then leave the store. This “buying something” process is a schema we all recognize, and could of course have schemas within it (selecting a product; payment process) or be part of another schema (gift giving; home cooking).

Although these are easily imagined inside our heads, they’re surprisingly difficult to define formally in such a way that a computer system would be able to understand. They’re familiar to us from long use and understanding, but they’re not immediately obvious or rule-bound, like how an apple will fall downwards from a tree at a constant acceleration.

And the more data there are, the more difficult it is to define. Buying something is comparatively simple, but how do you create a schema for recognizing a cold war, or a bear market? That’s what DARPA wants to look into.

“The process of uncovering relevant connections across mountains of information and the static elements that they underlie requires temporal information and event patterns, which can be difficult to capture at scale with currently available tools and systems,” said DARPA program manager Boyan Onyshkevych in a news release.

KAIROS, the agency said, “aims to develop a semi-automated system capable of identifying and drawing correlations between seemingly unrelated events or data, helping to inform or create broad narratives about the world around us.”

How? Well, they have a general idea but they’re looking for expertise. The problem, they note, is that schemas currently have to be laboriously defined and checked by humans. At that point you might as well inspect the information yourself. So the KAIROS program aims to have the AI teach itself.

At first the system will be limited to ingesting data in massive quantities to build a library of basic schemas. By reading books, watching news reports, and so on it should be able to create a laundry list of suspected schemas, like those mentioned above. It might even get a hint of larger, more hazy schemas that it can’t quite put its virtual finger on — love, racism, income disparity, etc — and how others might fit into them and each other.

Next it will be allowed to look at complex real-world data and attempt to extract events and narratives based on the schemas it has created.

The military and defense applications are fairly obvious: imagine a system that took in all news and social media posts and informed its administrators that it seemed likely there would be a run on banks, or a coup, or a new faction emerging from a declining one. Intelligence officers do their best to perform this task now, and human involvement will almost certainly never cease, but they would likely appreciate a computer companion saying, “there are multiple reports of stockpiling, and these articles on chemical warfare are being shared widely, this could point to rumors of terrorist attack” or the like.

Of course at this point it is all purely theoretical, but that’s why DARPA is looking into it: the agency’s raison d’etre is to turn the theoretical into the practical, or failing that, at least find out why they can’t. Given the extreme simplicity of most AI systems these days it’s hard to imagine one as sophisticated as they clearly want to create. Clearly we have a long way to go.

07 Jan 2019

Qualcomm’s Cockpit Platform promises to make cars smarter

Qualcomm used its CES press conference today to announce the third generation of its Snapdragon Automotive Cockpit Platform, its latest AI-centric platform for building in-car experiences that include everything from voice-driven interfaces to good-old navigation systems, all with modern visual interfaces.

The platform now comes in three tiers — Performance, Premiere and Paramount — for entry-level, mid-tier and high-end platforms. The core is the same, though, and it’s built on top of the Snapdragon 820A platform with supports for the company’s AI Engine, signal processor, CPUs and GPUs.

Automotive at CES 2019 - TechCrunch

It also includes the Qualcomm Hexagon Processor, an accelerator for running machine learning models for use cases like natural language processing and object classification, as well as Qualcomm Vision camera sensors and computer vision hardware. The Vision part isn’t meant to power self-driving cars, though. Instead, it’s meant to “support differentiated use-cases on lane-level crowdsourcing of drive data for building map layers.” What the platform does offer, though, is support for contextual safety for driving assistant features like in-cabin monitoring and surround view monitoring.

“With our 3rd Generation Snapdragon Automotive Cockpit Platforms, we are reiterating our commitment to bring highly differentiated and customizable in-car experiences to our customers,” said Nakul Duggal, senior vice president of product management, Qualcomm Technologies. “Our new Snapdragon Automotive Platforms are designed to deliver a concurrent implementation of next generation high-resolution digital instrument clusters with industry leading infotainment technologies supported through artificial intelligence capabilities, leading edge graphics for high-resolution multiple display configurations, vision enhanced precise positioning for supporting safer and smarter navigation, much more.”

The platform is now available to the automotive industry and the company’s development tools for the automotive industry now support it.

CES 2019 coverage - TechCrunch

07 Jan 2019

Qualcomm’s Cockpit Platform promises to make cars smarter

Qualcomm used its CES press conference today to announce the third generation of its Snapdragon Automotive Cockpit Platform, its latest AI-centric platform for building in-car experiences that include everything from voice-driven interfaces to good-old navigation systems, all with modern visual interfaces.

The platform now comes in three tiers — Performance, Premiere and Paramount — for entry-level, mid-tier and high-end platforms. The core is the same, though, and it’s built on top of the Snapdragon 820A platform with supports for the company’s AI Engine, signal processor, CPUs and GPUs.

Automotive at CES 2019 - TechCrunch

It also includes the Qualcomm Hexagon Processor, an accelerator for running machine learning models for use cases like natural language processing and object classification, as well as Qualcomm Vision camera sensors and computer vision hardware. The Vision part isn’t meant to power self-driving cars, though. Instead, it’s meant to “support differentiated use-cases on lane-level crowdsourcing of drive data for building map layers.” What the platform does offer, though, is support for contextual safety for driving assistant features like in-cabin monitoring and surround view monitoring.

“With our 3rd Generation Snapdragon Automotive Cockpit Platforms, we are reiterating our commitment to bring highly differentiated and customizable in-car experiences to our customers,” said Nakul Duggal, senior vice president of product management, Qualcomm Technologies. “Our new Snapdragon Automotive Platforms are designed to deliver a concurrent implementation of next generation high-resolution digital instrument clusters with industry leading infotainment technologies supported through artificial intelligence capabilities, leading edge graphics for high-resolution multiple display configurations, vision enhanced precise positioning for supporting safer and smarter navigation, much more.”

The platform is now available to the automotive industry and the company’s development tools for the automotive industry now support it.

CES 2019 coverage - TechCrunch

07 Jan 2019

Roku tops 27M accounts & 24B hours streamed by end of 2018, announces more TV partners

Ahead of its announcements of new TV partnerships at this year’s Consumer Electronics Show in Las Vegas, Roku today shared some new numbers about the growing traction of its overall platform. The company said the number of active accounts grew 40 percent year-over-year in 2018, to top 27 million by year-end. In addition, its total streaming hours grew 61 percent year-over-year to 24 billion hours of movies, TV shows, sports and more being streamed across its devices.

In Q4 2018 alone, Roku users streamed an estimated 7.3 billion hours, up about 68 percent year-over-year.

Roku’s decision to release new numbers about active users and hours streamed comes at a time when the company itself is becoming more competitive with streaming services themselves, instead of just offering a platform on which their apps can run. In fall 2017 Roku began to aggregate the free content from the various channels across its platform in its own Roku Channel, then combined that with content it licensed directly from studios. This free, ad-supported content has given Roku a way to further grow its advertising revenues.

Since its launch, the channel has added more types of content, including sports, news and entertainment from both traditional and digital studios, and just last week launched its own set of premium subscriptions where it gets a cut of customers’ purchases.

Some analysts now believe the Roku Channel’s average revenue per user is now the fastest-growing contributor to overall revenue growth at Roku

Now Roku is working with more manufacturers to get its Roku OS – and therefore its Roku Channel – in front of more people.

At CES this week, Roku announced the Westinghouse Electronics was joining the Roku TV licensing program.

It also announced a partnership with TV brand TCL. The two companies will work together to make 8K TCL Roku TVs that will become available to consumers in late 2019. As a result of catering to TV makers, Roku said it’s updating its 4K and HDR hardware reference design to include far-field microphones for voice search and control. TCL will be the first to deliver these TV models in 2019.

CES 2019 coverage - TechCrunch

07 Jan 2019

Roku tops 27M accounts & 24B hours streamed by end of 2018, announces more TV partners

Ahead of its announcements of new TV partnerships at this year’s Consumer Electronics Show in Las Vegas, Roku today shared some new numbers about the growing traction of its overall platform. The company said the number of active accounts grew 40 percent year-over-year in 2018, to top 27 million by year-end. In addition, its total streaming hours grew 61 percent year-over-year to 24 billion hours of movies, TV shows, sports and more being streamed across its devices.

In Q4 2018 alone, Roku users streamed an estimated 7.3 billion hours, up about 68 percent year-over-year.

Roku’s decision to release new numbers about active users and hours streamed comes at a time when the company itself is becoming more competitive with streaming services themselves, instead of just offering a platform on which their apps can run. In fall 2017 Roku began to aggregate the free content from the various channels across its platform in its own Roku Channel, then combined that with content it licensed directly from studios. This free, ad-supported content has given Roku a way to further grow its advertising revenues.

Since its launch, the channel has added more types of content, including sports, news and entertainment from both traditional and digital studios, and just last week launched its own set of premium subscriptions where it gets a cut of customers’ purchases.

Some analysts now believe the Roku Channel’s average revenue per user is now the fastest-growing contributor to overall revenue growth at Roku

Now Roku is working with more manufacturers to get its Roku OS – and therefore its Roku Channel – in front of more people.

At CES this week, Roku announced the Westinghouse Electronics was joining the Roku TV licensing program.

It also announced a partnership with TV brand TCL. The two companies will work together to make 8K TCL Roku TVs that will become available to consumers in late 2019. As a result of catering to TV makers, Roku said it’s updating its 4K and HDR hardware reference design to include far-field microphones for voice search and control. TCL will be the first to deliver these TV models in 2019.

CES 2019 coverage - TechCrunch

07 Jan 2019

Uber’s IPO may not be as eye-popping as we expected

Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion — the valuation it garnered with its last private financing — and $120 billion — a sky-high figure assigned by Wall Street bankers that’s had even early Uber investors scratching their heads.

A new report from The Information pegs Uber’s initial market cap at $90 billion. To develop the estimate, the site analyzed undisclosed documents Uber provided creditors in 2017 “in which the company projected it would double net revenue to $14.2 billion by 2019,” ran revenue multiples and compared Uber to GrubHub, which investors say is the business’s closest comparison.

Uber declined to comment on The Information’s analysis.

How we got here

Uber confidentially filed for its long-awaited IPO last month, marking the beginning of a race to the stock markets between it and U.S. competitor Lyft, which filed just hours before, according to a source with knowledge of the situation. Founded in 2009 by Travis Kalanick, Uber has brought in about $20 billion in a combination of debt and equity funding. It counts SoftBank as its largest shareholder in a cap table that also lists Toyota, T. Rowe Price, Fidelity, TPG Growth and many more. As for the skepticism surrounding Uber’s lofty $120 billion valuation, the eye-popping figure seems unachievable considering the company isn’t profitable and has and continues to burn through cash.

An IPO that large would certainly make its investors happy. First Round Capital, for example, seeded Uber with $1.6 million in the company’s first two funding rounds in 2010 and 2011, according to The Wall Street Journal. At a $120 billion valuation, First Round’s shares would be worth some $5 billion. The venture capital firm, however, sold some of its shares to SoftBank alongside Benchmark, which itself would otherwise own shares worth about $14 billion.

Bradley Tusk, an early Uber investor who signed on to help the company surmount political and regulatory barriers in 2011, own shares said to be worth $100 million, though he too gave up 42 percent of his equity in a secondary sale to SoftBank, he recently told TechCrunch.

I’m quite happy with the 120 number,” Tusk said. “But … I am a little surprised by [it], it does seem to be a really aggressive number.”

“Any investment in Uber is obviously a long-term bet on the future, like someone who invested in Amazon in the early days,” Tusk added. “One thing [Uber chief executive officer Dara Khosrowshahi] is doing well is really expanding Uber into a mobility company as opposed to just a ride-hailing company.”

Dara Kowsrowshahi, chief executive officer of Uber, looks on following an event in New Delhi, India, on Thursday, Feb. 22, 2018. Photographer: Anindito Mukherjee/Bloomberg via Getty Images

A long-term bet on the future

Uber has opted to go public in a year poised to see the most high-flying unicorn IPOs in history. As we’ve reported in great detail on this site, both Lyft and Uber are planning to float, as are Slack and Pinterest . Many of these companies, however, made the call to make their public markets debut before the stock market took a quick turn south. Poor performing stocks may discourage unicorns from emerging from their cozy VC-protected stalls.

Uber will garner increased scrutiny from Wall Street investors as they begin to parse out its true value. Fortunately the company, which like Amazon has long prioritized growth over profit, has “’clear levers’ it could pull in order to turn on the cash spigots if it wanted to, by reducing its marketing spending both in the U.S. and developing markets and by finding partners to help finance its self-driving car development,” according to The Information. “Pulling those levers would slow revenue growth by a third—from a 33% growth in net revenue to 22 percent growth in net revenue in 2019 [but] it would save Uber $2 billion annually.”

In its third quarter 2018 financial results, Uber posted a net loss of $939 million on a pro forma basis and an adjusted EBITDA loss of $527 million, up about 21 percent quarter-over-quarter. Revenue for Q3 was up five percent QoQ at $2.95 billion and up 38 percent year-over-year.

“We had another strong quarter for a business of our size and global scope,” Uber chief financial officer Nelson Chai said in a statement. “As we look ahead to an IPO and beyond, we are investing in future growth across our platform, including in food, freight, electric bikes and scooters, and high-potential markets in India and the Middle East where we continue to solidify our leadership position.”

We can speculate on Uber’s valuation for days but ultimately Wall Street will determine just how high Uber will go. For now, all we can do is sit and wait for the company to relinquish its S-1 to the masses.

07 Jan 2019

Robot delivery dogs deployed by self-driving cars are coming

Let’s hope you’re not afraid of dogs, because if Continental gets its way, autonomous robot dogs are going to be delivering your packages. At the Consumer Electronics Show today, Continental unveiled its Black Mirror-esque vision for how driverless vehicles can autonomously deploy bots to facilitate last-mile deliveries.

But it’s not just to look cool while also horrifying you — it’s designed to increase availability, efficiency and safety in the realm of package delivery. The first part is the driverless vehicle itself, called the Continental Urban Mobility Experience (CUbE). Its specific purpose is to carry delivery robot dogs and deploy them to handle the last yards of the goods. So, imagine one of these CUbE pods dropping off a robot dog, and then seeing that robot dog run up to your door with your package.

“With the help of robot delivery, Continental’s vision for seamless mobility can extend right to your doorstep. Our vision of cascaded robot delivery leverages a driverless vehicle to carry delivery robots, creating an efficient transport team,” Continental Head of Systems and Technology, Chassis & Safety division Ralph Lauxmann said in a press release. “Both are electrified, both are autonomous and, in principle, both can be based on the same scalable technology portfolio. These synergies create an exciting potential for holistic delivery concepts using similar solutions for different platforms. Beyond this technology foundation, it’s reasonable to expect a whole value chain to develop in this area.”

It’s not clear if and when these will be deployed, but it’s undoubtedly an intriguing vision of the future. Segway is also at CES this week, showing off its new autonomous delivery bots. The idea is to use the bot to make autonomous deliveries for food, packages and other items.

07 Jan 2019

Electronics giant Philips invests in monitoring and information platform for expecting mothers

The international electronics and medical device giant Philips is pushing further into pregnancy and childcare services by leading a $6 million early stage investment in the pregnancy-focused app-developer and device manufacturer, Babyscripts. 

The Washington, DC-based company works with hospitals and healthcare providers to distribute a medical device and mobile app for monitoring blood pressure and providing neonatal care information for expecting mothers.

According to Babyscripts co-founder and President Juan Pablo Segura, typical neonatal care follows a standard script with women seeing an obstetrician typically fourteen times over the course of the pregnancy. And most of those visits are just to monitor a woman’s weight and blood pressure during pregnancy.

Babyscripts can adjust the frequency and scope of treatment required through its blood pressure and pregnancy monitoring application, Segura said.

Using remote-monitoring devices to monitor blood pressure and weight, the company claims it can tailor treatments to risk profiles and allow healthcare providers to manage up to 90% of pregnancies virtually.

The company is already being used to monitor 160,000 pregnancies across 20 states. In the U.S. there are roughly 4 million pregnancies per year.

“This funding will help us continue to acquire market share while also allowing us to focus on building even more products for patients in pregnancy,” says Babyscripts CEO and Co-founder, Anish Sebastian.

As part of the investment, Babyscripts will partner with the mother and baby unit of Philips healthcare to build more virtual care obstetric and pediatric services.

Babyscripts historically has focused all of its efforts in creating a trusted channel between the patient and OBGYN throughout the pregnancy,” said Segura, in a statement. “It’s only natural that we begin to expand that relationship through postpartum care and early stage pediatrics. On average, our patients use our app and remote monitoring service 6 times a week.”

07 Jan 2019

Flexit lets you pay for gym time on demand

A new company called Flexit lets you pay for gym time by the minute, allowing you to walk into a nearby gym when you’re traveling, for example, and slam out thirty minutes of sweet glute action before dinner. The service is like Uber for gyms in that you only pay for the time you are inside the gym and you don’t need to pay monthly fees or a flat rate per visit.

Created by Michael Rojas, the co-CEO of Iron Grip Barbell Company, the service already has 400 gyms in the United States and plans to expand over the next year. They’ve raised $750,000 in notes.

The company launched today.

“FlexIt’s corporate team has superior industry reach, best-in-class technology and a concept unlike that of its competition,” said CEO Austin Cohen. “FlexIt’s corporate team has deep industry experience in fitness sales and marketing, fitness club ownership, and early-stage venture and venture capital aspects of the business. It’s relationships with C-level leaders at the largest gym chains in the country provide FlexIt with industry insights and access to best position it for success. These relationships have resulted in FlexIt having on-boarded a meaningful club base at a faster rate than any of the competition.”

The fact that Rojas has been selling barbells to gyms for 26 years definitely helped them scale up and the company has gyms in New York, DC, New Jersey, and Illinois as well as three other markets. They are launching an eighth market in two weeks.

Rojas has found that most modern gyms are amenable to the idea and they’re offering everything from classes to personal training via the app. Because it is paid by the minute they also get interesting new data that traditional gym membership plans don’t offer.

“Consumers seek more choice and control over how, when and where they consume, FlexIt is the logical solution to this pain point in the fitness space,” he said.

07 Jan 2019

Audi, Mobileye, Waymo, other top automakers unite to spread the self-driving gospel

The self-driving vehicle evangelists are uniting.

A number of major automakers, technology companies and organizations with a stake in autonomous vehicles, including Audi, Aurora, Cruise, GM, Mobileye, Nvidia, Toyota, Waymo and Zoox has formed a coalition to spread the word about advanced vehicle technologies and self-driving vehicles. Their message: this tech can transform transportation and make it safer and more sustainable.

The Partners for Automated Vehicle Education, or PAVE, coalition was announced Monday at CES 2019 in Las Vegas. The aim of PAVE is educate the public and policymakers about the potential of automated vehicles.

“It is essential to engage the public and their elected representatives to shape an informed future of our roadways,” Deborah A.P. Hersman, president and CEO of the National Safety Council said Monday. Hersman stressed during the conference that PAVE is not a lobbying group.

“It’s not about lobbying, it’s about education,” Hersman said. “We want people to understand the benefits and the limitations.”

Hersman, along with Audi of America, will serve as inaugural co-chairs of PAVE. A few automakers and tech companies including Ford, Fiat Chrysler and Aptiv weren’t included in the launch of the coalition. It’s probable that many more will join if the coalition gains momentum.

There’s also no shortage of other industry-led coalitions, organizations and lobby groups focused on autonomous vehicle technology such as the Automated Vehicle Coalition and the Self-Driving Coalition for Safer Streets, which includes Ford, Waymo, Lyft, Uber and Volvo.

PAVE says it will hold events across the country to introduce driver assistance and self-driving technology to consumers and policymakers, hold educational workshops aimed at federal, state and local officials, and develop educational materials to distribute to retail sales and customer service personnel.

The group wants to educate the everyday consumer as well. So, it plans to sponsor hands-on workshops in partnership with SAE International to give people the chance to see, touch and feel developing AV technology.

It will also hold policy workshops in partnership with academic institutions such as Stanford University’s Center for Automotive Research to help policymakers understand AVs and their potential. 

“Traditional automakers and newcomers are investing billions of dollars in the technology that will make automated vehicles possible,” said Mark Del Rosso, President, Audi of America. “PAVE recognizes the need to invest in public information — in making sure consumers and policymakers understand what’s real, what’s possible, and what is rumor or speculation.”