The fund will focus on startups that share the vision of on-device AI becoming more powerful and widespread, with an emphasis on those developing new technology for autonomous cars, robotics and machine learning platforms. This fund builds on more than a decade of Qualcomm’s AI research and its heritage of developing the foundational building blocks of low power processing and connectivity, which are essential for AI.
Qualcomm has set out to make on-device AI technology ubiquitous by inventing, developing, commercializing and, importantly, investing in it. As AI shifts towards the wireless edge – combining essential on-device capabilities with the edge cloud – the industry is already starting to see the full potential of 5G. Qualcomm’s ambitious 5G vision and strategic commitment to on-device AI goes hand in hand with mobile becoming the pervasive AI platform.
“At Qualcomm, we invent breakthrough technologies that transform how the world connects, computes, and communicates,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “For over a decade, Qualcomm has been investing in the future of machine learning. As a pioneer of on-device AI, we strongly believe intelligence is moving from the cloud to the edge. Qualcomm’s AI strategy couples leading 5G connectivity with our R&D, fueling AI to transform industries, business models and experiences.”
As part of the AI Fund, Qualcomm Ventures LLC participated in a Series A funding round for AnyVision, a world-leading face, body, and object recognition startup. AnyVision’s use of on-device AI minimizes the spread of data, mitigating privacy concerns. Its unique data acquisition strategy, together with its proprietary algorithms, are expected to provide immense value to customers. This investment – the first made by the AI fund – will further AnyVision’s efforts to expand into other industries and develop new AI applications that transform how the world connects, computes and communicates. The announcement was made at Qualcomm Ventures’ 5G & AI Summit in San Francisco, where influential leaders in AI convened to discuss applications of the technology in different industry verticals.
“Qualcomm Ventures is proud to invest in the future of AnyVision and many other key players in the AI industry,” said Quinn Li, senior vice president, Ventures, Qualcomm Technologies, Inc. and global head of Qualcomm Ventures. “This investment builds on our long history of successful AI investments, including Cruise Automation, Brain Corp., Clarifai, Prospera, SenseTime and Retail Next. Through the AI Fund, we’ll continue to seek out startups, with a focus on autonomous cars, robotics, computer vision and IoT, who are developing new AI applications, advanced machine learning technologies and AI/ML platforms across different verticals.”
The Qualcomm Ventures team has a demonstrated track record of investing in some of the top global AI startups. The AI Fund will continue to invest in those that share Qualcomm’s vision of making on-device AI ubiquitous. Qualcomm’s cutting-edge research, strong mobile footprint and leading development of 5G and AI will allow Qualcomm Ventures to serve as an ideal investor in AI startups bringing the next wave of innovation. Their success will provide significant value to many industries and billions of people.
Netflix to make SA series
The world leader in streaming movies has announced the first South African production to join its Originals roster.
World leader in entertainment streaming services Netflix this week announced its first Original series in Africa, with South African series Queen Sono.
The news comes immediately in the wake of local rival Showmax announcing it’s first original drama production. In this context, it heralds a new phase in the evolution of streaming video-on-demand in South Africa.
The action-packed series follows Queen Sono, the highly trained top spy in a South African agency whose purpose is to better the lives of African citizens. While taking on her most dangerous mission yet, she must also face changing relationships in her personal life. The series will be created by Director, Kagiso Lediga and Executive producer Tamsin Andersson.
South African actress, Pearl Thusi, will star as Queen Sono, with the character having been created with her in mind. Thusi is also known for her performance in the romantic dramedy, Catching Feelings, available on Netflix.
“We are excited to be working with Kagiso and Pearl, to bring the story of Queen Sono to life, and we expect it to be embraced by our South African users and global audiences alike.” said Erik Barmack, Vice President of International Original Series at Netflix.
“We are delighted to create this original series with Netflix, and are super excited by their undeniable ability to take this homegrown South African story to a global audience. We believe Queen Sono will kick the door open for more awesome stories from this part of the world” added the director and executive producer of the series, Kagiso Lediga.
The series is due to start production in 2019.
Microsoft adds Chrome to Edge
Microsoft is working to build a new version of its Edge browser on the open-source version of Google Chrome, writes BRYAN TURNER.
After 20 years of backing Internet Explorer and its underlying software technologies, Microsoft has chosen to integrate Chromium, the open source version of Google Chrome. This announcement comes just three years after launching Microsoft Edge, the refreshed version of Internet Explorer.
“We intend to adopt the Chromium open source project in the development of Microsoft Edge on the desktop to create better web compatibility for our customers and less fragmentation of the web for all web developers,” said Joe Belfiore, corporate VP at Windows, in a blog post on 6 December.
The change affects the back-end elements of the browser that run in the background to make the web pages work for the user. The shift includes scrapping Microsoft’s EdgeHTML rendering engine in favour of Chrome’s Blink.
Utilising the Blink engine will allow Microsoft to support versions of new Edge on Windows 7, 8 and 10, as well as a version for macOS. Belfiore said that the company had also started contributing to the Chromium open source project: “We’ve begun making contributions to the Chromium project to help move browsing forward on new ARM-based Windows devices.”
Microsoft’s move to Chrome has shifted the “browser wars” in favour of Google Chrome, as Opera and Edge will now both be using Chrome’s rendering engine.
“If you’re a Microsoft Edge customer, there is nothing you need to do, as the Microsoft Edge you use today isn’t changing. If you are a web developer, we invite you to join our community by installing preview builds when they’re available and staying current on our testing and contributions.” said Belfiore.
Edge’s project manager, Kyle Alden, confirmed in a Reddit thread that Chrome extensions will be compatible with the new version of Edge. It is expected to launch in a preview build in early 2019.