philip lelyveld The world of entertainment technology

18Jun/18Off

Samsung Fund to Boost Startups with New Approaches to AI

Samsung_LogoOne of Q Fund’s first investments is Vicarious, a startup that wants to give machines “imagination” and is inspired by biology to make machines learn more quickly.

Quartz reports that Samsung Next director Ajay Singh noted that, “deep learning has its own baggage,” including “its propensity for bias and the amount of data needed.” Last July, Q Fund “participated in a funding round of Vicarious led by Khosla Ventures,” and “also invested in automation-robotics startup Covariant.ai, previously called Embodied Intelligence,” which was founded by noted AI researcher Pieter Abbeel.

The latter startup aims to use virtual reality and simulations “to reduce the amount of time robots need adjusting to their jobs in the real world.” To vet future investments, Q Fund relies on “a deep stable of industry and academic experts from MIT, Carnegie Mellon, Princeton, and Toronto’s Vector Institute.”

“We’re okay if it’s unproven,” said Samsung Next’s principal Vin Tang. “As long as the upside is big enough.”

See the full story here: http://www.etcentric.org/samsung-fund-to-boost-startups-with-new-approaches-to-ai/

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