Tech and Mobility News Archives - Page 38 of 84

MSU and Facebook AI researchers have developed a reverse-engineered research method able to detect and attribute deepfakes. // Stock Photo

MSU, Facebook Develop New Deepfake Detection Model

Jake Bekemeyer - July 6, 2021

Artificial Intelligence experts from Michigan State University and Facebook have partnered on a reverse-engineering research method able detect and attribute deepfakes, allowing for easier...

University of Michigan researchers have found that the majority of breaches go undetected by the owner of the account. // Stock Photo

U-M Report: Majority of Digital Breaches Go Undetected

Jack Tulauskas - July 6, 2021

In the past decade, the number of digital breaches in user’s computers have increased significantly with many of the participants unaware that their email...

Adult man asks cooking advice from smart speaker

U-M Develops PrivacyMic, a Smart Speaker that Doesn’t Eavesdrop

Tim Keenan - June 21, 2021

A team of researchers at the University of Michigan in Ann Arbor has developed a system that can inform a smart home — or...

May Mobility is launching its fully autonomous shuttle service, A2GO, in Ann Arbor this October. // Courtesy of May Mobility

May Mobility’s Autonomous Vehicle Shuttle Service to be Launched in October

Jack Tulauskas - June 21, 2021

Ann Arbor-based May Mobility has announced its plan to launch a new autonomous vehicle (AV) shuttle service, the A2GO, in Ann Arbor this fall...

Bosch plans $250 million in capital investment in the North American mobility sector in 2021. // Courtesy of Bosch

Bosch Investing $250M in North American Mobility Sector in 2021

Tim Keenan - June 21, 2021

Germany-based Bosch, which has its North American headquarters in Farmington Hills, says it plans capital investments of $360 million in North America this year,...

Ann Arbor-based Campfire Interactive Inc., an automotive portfolio management provider, announced a new collaboration with Amazon Web Services (AWS) to create a reliable scalable cloud-based platform that would enable immediate cost-effective saving capabilities. This new cloud-based platform could help automotive companies organize and control complex problems found when creating, managing, or developing profitability plans. Many of the problems that arise are due to the frequent addition of new vehicle programs and complex supply chain and production related activities, the company states. Manually produced worksheets that model financial forecasts do not co-exist with the intricately calculated volumes, costs, pricings, and capacities of company’s products. The by-product of this is an automaker wasting money and time. “Campfire customers, like automotive suppliers who migrate to the AWS cloud, will see significant advancements in terms of capabilities, performance, and analysis,” says Pradeep Seneviratne, president and CEO of Campfire. “Machine learning technology will provide unprecedented business insights to support faster and more cost-efficient decision-making. The results will be much more accurate and predictable, and, in many cases, impossible to achieve without the technology.” The platform will allow Campfire to implement AWS’s full catalogue of purpose-built, cloud-native services, and innovative automotive industry solutions. AWS’s service, Amazon SageMaker, will be integrated into Campfire’s software to apply its ability to easily train, use, and program machine learning models for their own use of developing the platform. “Our goal is to empower the Campfire user community with industry-leading technology, and we recognize the importance of integrating the expertise and resources of our partners in making this happen,” says Seneviratne. “We believe in AWS technology and are working to fully leverage its capabilities to move us to new levels of cloud computing and reporting much faster than we could expect to get there on our own.” Automakers will have fast and easy access to many statistics, including cost, volume, and relationships.. From there, the users can create, analyze, change, mange long and short-term profitability models and much more. “Accurate forecasting is both a priority and a necessity for automotive customers. An engagement with Campfire reflects a customer commitment to accuracy and insight for a supplier’s financial, engineering, and sales organizations, and Campfire can rely on AWS for the insights and agility it needs to continue leading in the automotive supplier market,” says Bill Foy, director of automotive at AWS.

Ann Arbor’s Campfire Interactive Announces Strategic Collaboration with Amazon Web Services

Jack Tulauskas - June 21, 2021

Ann Arbor-based Campfire Interactive Inc., an automotive portfolio management provider, announced a new collaboration with Amazon Web Services (AWS) to create a reliable scalable...

Detroit-based Navv Systems, a health care technology company focused on hospital personnel location and equipment tracking and location services, announced it has closed a $3.2 million seed funding round led by Ann Arbor-based Arboretum Ventures. Detroit Venture Partners joined the financing with existing investors including Ann Arbor-based Narrow Gauge Ventures. NavvTrack was developed at Henry Ford Innovations in Detroit — the development and commercialization arm of Henry Ford Health System (HFHS) — and licensed it to Navv in 2019 to help hospitals track equipment, personnel, and clinical workflows. The technology is already in use at all six HFHS hospitals to optimize patient transport, housekeeping, and central pharmacy deliveries. “This financing is an important achievement to support our continued growth with new health system customers,” says Dr. Daniel Siegal, Navv’s co-founder and CEO and vice-chair of radiology at HFHS. “Asset tracking remains a difficult challenge in need of a holistic solution that encompasses equipment, patients, and clinicians.” The system is also in use at the Lahey Hospital and Medical Center in Burlington, Mass. The company says implementation of the system has resulted in workflow improvements and cost efficiency by coordinating teams, better estimating task fulfillment timing, and enabling effective supply chain planning. Arboretum Ventures is a venture capital firm specializing in the health care sector. Founded in 2002, the firm has raised $700 million to support a diverse portfolio by targeting capital-efficient companies that improve patient outcome and reduce costs. Tim Petersen, managing partner at Arboretum, has joined Navv’s board of directors. “We’ve been very impressed with the sophistication of Navv’s technology, and the early customer traction Dan and his team have achieved,” says Petersen. “Navv is another prime example of clinician-led innovation emanating from a world-class organization like Henry Ford, addressing an important and immediate healthcare challenge.” Detroit Venture Partners was founded in 2010 by Dan Gilbert and has been backing early-stage tech companies that advance the world. It leverages more than 90 companies within the Rock Family of Cos., including Rocket Mortgage, the Cleveland Cavaliers, Bedrock, and StockX.

Detroit’s Navv Systems Announces Close of $3.2M Funding Round Led by Arboretum Ventures

Jake Bekemeyer - June 21, 2021

Detroit-based Navv Systems, a health care technology company focused on hospital personnel location and equipment tracking and location services, announced it has closed a...

Ann Arbor-based Clinc, a leading provider of conversational artificial intelligence (CAI) technology, announced a suite of patented CAI products for banks and credit unions. The platform, Clinc Public Banking Agent, is built for pre-authenticated interactions, meaning no password or security is required from the customer. Nearly 30 prebuilt requests are already built into the system, allowing for quick and seamless deployment. It is integrated with both the front and back-end systems at an institution, which allows customers to access balance inquiries, account transfers, bill payment, budget advice, and other tasks tied directly to the accounts information. "We spent the winter talking with banks and credit unions of all sizes and the message was clear: they need to deliver a better customer experience, at an affordable price point, with a clear ROI — and they need it fast,” says Kyle Hellsten, vice president of product at Clinc. "The critical importance of digital Virtual Assistants was already there, but COVID exacerbated the stress on contact centers and cost containment, forcing the financial services industry to scramble for solutions." The Clinc Public Banking Agent also features a library of frequently asked question in its pre-built functions. It can answer card error questions, product information inquires, troubles with overdraft protection, direct deposit, automatic payments, and much more. The platform is already being used by Minnesota-based U.S. Bank for its Smart Assistant. Customers can send money with a simple voice command using Zelle — a third-party digital payment network — instead of clicking through multiple screens to perform the same task. Clinc’s robust CAI is unique due to its ability to recognize conversational context. This is useful for many common situations encountered when dealing with CAI, including making corrections if a customer misspeaks while using U.S. Bank Smart Assistant. “Send Dave $20 this Monday,” will schedule a Zelle transaction for that amount at that time. If the customer meant to send $25, they can say “Actually, make that $25,” to instantly update the scheduled payment. Another context recognition feature available with the Smart Assistant is feedback. If the request or question is spoken, the CAI will respond verbally; if it is typed, the assistant will produce linked text results only. “Clinc's initial success was driven through the incredible user experiences of our large, enterprise customers. This allowed us to leverage all our learnings and experience to build easy to implement, out-of-the box products for financial institutions that may not have large internal IT departments or budgets to build customized solutions,” Hellsten says. “And to continue this success, we are still 100 percent committed and invested in our flagship platform, which will constantly drive the innovation for all our customers, regardless of size.”

Ann Arbor-based Clinc Announces Conversational AI Suite for Banks and Credit Unions

Jake Bekemeyer - June 21, 2021

Ann Arbor-based Clinc, a leading provider of conversational artificial intelligence (CAI) technology, announced a suite of patented CAI products for banks and credit unions.The...

An Inficon automotive leak detector. // Courtesy of Inficon.

Report: EV Batteries Need Better Leak Testing Going Forward

Jake Bekemeyer - June 21, 2021

Researchers at INFICON, a Switzerland-based supplier of automotive leak-detection systems, have determined that lithium-ion batteries used in hybrid and full-electric vehicles require better quality...

A UVeye automatic scanner. // Courtesy of UVeye

Survey: Automated Vehicle Inspections Make Roadways Safer

Jake Bekemeyer - June 21, 2021

According to research by Tel Aviv, Israel-based UVeye, a leader in automated vehicle inspection technology, visual inspections offered by most garages are done in...