Monday, December 12, 2016

Microsoft ventures deeper into AI. It's The Daily Crunch.

THE DAILY CRUNCH
MONDAY, DECEMBER 12 2016 By Darrell Etherington

The Daily Crunch

The AI gold rush rolls on and Microsoft sings a song of Surface success. All that and more in The Daily Crunch for December 12, 2016.

1. Microsoft has a new fund for AI startups

Microsoft has a new dedicated fund at its venture arm specifically targeting AI startups, and Element AI's incubator is on the receiving end of this new resource. The Yoshua Bengio-led incubator arrives at a time when Google is also investing in AI in Montreal, signaling its position as a hotspot for the emerging tech and the land-grab big tech co's are making with respect to talent in the area.

Without exception, big tech companies see AI as the key to their continued relevance, so expect to see a lot more of this. And "learning to AI" could be the next "learning to code" in terms of education imperatives as a result.

2. Microsoft books best month ever for Surface, cites MacBook disappointment

Okay, Microsoft says sales are up (by volume) and also people got real mad at the MacBook Pro redesign, so it's saying those two things are related. That may actually be true, as, anecdotally, I've heard at least a few creative pros mention that they're looking at Surface Book as a viable MBP alternative. It's probably too early to draw a strong causal link, but it's definitely something to watch.

3. The robot eyes have it

Sensors are a key ingredient to our self-driving future, and LiDAR is a key part of that makeup. Laser measurement systems provide very high accuracy for mapping surroundings, but they're expensive and large. Blackmore is a company looking to help fix that, and also add other elements to LiDAR's capability beyond just distance measurement. It just got some investment, which is not surprising, given automaker interest.

4. Speaking of cars...

Connected-car platform Mojio has pivoted away from selling dongles to drivers like Automatic and into commercial business, and now the company has erased $7 million more to support that approach. It's looking to push for more partnership with cellular network providers, which could be very attractive as they look to be more involved in the emerging world of transportation tech.

5. Meanwhile, Uber's refining the carpool

A lot of car companies are investing in transportation service these days, but Uber has some distinct advantages to providing things like carpools. It's flexing those muscles with updates to its uberPOOL service, including automatic rerouting if better routes present themselves, and predictive pairing that waits for rides to come up along a better route. All of this leads into why carmakers starting their own similar services from zero have a tough hill to climb.

6. Gates, Bezos and others bet big on clean tech

It ain't easy being green, but at least now there's some more available green floating around to support the cause. Bill Gates and a cadre of powerful billionaires announced a new $1 billion clean tech energy fund to help combat climate change, which is a start.

7. Honda bets on Uber rival

Oh, remember two numbers ago when I was talking about carmakers building transportation service? Honda is doing the other thing that automakers do, investing in people who already do that well (likely with some kind of hidden option to buy).

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Sunday, December 11, 2016

Augmented hype: The TechCrunch Sunday Snapshot

THE DAILY CRUNCH
SUNDAY, DECEMBER 11 2016 By Darrell Etherington

Sunday Snapshot

Augmented hype: Playing the mystery card can be tremendously beneficial to a startup, but there's a balance. Much-hyped startup Magic Leap may have typed that balance, and ventured into the realm of the traveling curative salesman, who promises plenty but is actually just repeating a well-practiced and empty pitch.

The startup got its first real close-up media inspection by The Information, which took an inside look at the augmented reality company, and actually used its tech. The resulting picture was a somewhat deflated one compared to Magic Leap's own marketing line, which is not surprising, but the degree to which the pre-product startup with the $4.5 billion valuation fell short of wowing The Information's Reed Albergotti might be more than your usual disconnect between marketing and reality.

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Albergotti found that while research prototypes at the company have been wowing big name investors, the production device it has planned will be far less impressive, and likely more in line with things that are already commercially available, including Microsoft HoloLens. It's not what you want to hear about something that has previously seemed able to magically solve all the shortcomings of current-generation augmented reality.

I spoke to Magic Leap founder Rony Abovitz back in 2014 when Magic Leap was still mostly an unknown quantity, and the founder had grand visions about what was wrong with AR and what his company would fix at the time. He was careful not to even really classify what Magic Leap was doing as AR, and his ability to reframe the discussion using his own, more impressive sounding terms has been part of the company's 'magic,' and lead to the 'leap' of faith made by so many high-profile investors, including Google's Sundar Pichai.

But really the investment interest is easy to understand, once you start peeling back the layers; sizeable, but relatively inconsequential sums by very wealthy, very high-profile investors in a technology that, in a limited demo, boggles the mind and hoodwinks the senses. That's easy, especially if you're early and not looking for the kind of capital that comes with serious due diligence.

If anything is really all that disappointing about this new look at Magic Leap's reality vs. its carefully tuned fiction, it's that AR isn't as close to become something amazing, easy and fun as we may have thought. The technology still has a lot of potential, and likely more than its fully immersive cousin VR, but with Magic Leap still an unknown quantity, it had appeared more like an imminent quantum leap in computing paradigms, instead of the nascent tech with a long road ahead that it actually is.

In more promising news, Occipital quietly surprised with the announcement that it will begin shipping its own mixed reality head-mounted device in March, which uses an iPhone 6/6s or 7 and a built-tin Occipital Structure sensor to map your surroundings in 3D. This smaller, much less hyped company is delivering dev kits as early as later this month, which means its humble, less vaunted approach will leapfrog Abovitz' pre-launch unicorn to shipping mixed reality to end users.

Not necessarily a tortoise-and-hare story, since the tortoise still raised over $1.5 billion, but long-term, the slower, more humble player may have a larger impact on the future of AR in our daily lives, which is still something.

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