Category: United States
Autofleet raises $7.5M to help fleets put idle vehicles into drive
On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impossible, to find. Autofleet, a startup that develops fleet optimization software to redirect underused vehicles into ride-hailing and delivery services,…
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Amperon raises $2 million for its predictive software for energy grids
Energy demand has fallen globally. Oil prices are plummeting. Everywhere in the energy world things look fairly grim, but keeping the lights on and electrons moving remains critical to keeping even the hobbled economies of the world humming. That’s why startups like Amperon, which use data analysis to provide predictive…
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New MIT machine learning model shows relaxing quarantine rules will spike COVID-19 cases
MIT has developed a new model of the spread of COVID-19 infection, based on publicly available data, combined with established epidemiological equations about outbreaks, and neural network-based inference. The model, described in a new report, proves accurate when trained on data spanning late January to early March in terms of…
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Chinese startup Rokid pitches COVID-19 detection glasses in U.S.
Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan. Rokid is among a wave of Chinese companies…
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Markets dragged down by abysmal retail sales and factory output
U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines did not completely erase yesterday’s gains in another sign that U.S. investors and corporations may be better positioned to withstand…
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FDA authorizes production of a new ventilator that costs up to 25x less than existing devices
The U.S. Food and Drug Administration (FDA) has authorized the manufacture of the Coventor ventilator, a new hardware design first developed by the University of Minnesota. The project sought to create a ventilator that could provide the same level of life-saving care as existing ventilator models, but with a much…
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