Startup

  • A Californian startup has unveiled its autonomous last-mile delivery vehicle which has been tipped to transform and completely revolutionize the delivery services industry.

  • The digital arm of French telecommunications behemoth Orange has announced that it is one of a number of investors in a new AI credit scoring start-up firm.

  • At MWC Shanghai, Telecom Review carried out an interview with Rana Gujral, CEO of Behavioral Signals. The Los Angeles-based tech start-up focuses on initiating emotionally intelligent conversations with artificial intelligence (AI). Their use of emotions to deduce voice data has helped them build engines that are more emotionally-savvy. Their award-winning flagship product - OliverAPI -  allows enterprises to track emotions and behaviors in natural language conversations to get a complete view of related key performance indicators. By being able to recognize emotional cues and perform and behavioral prediction analytics, their technology provides enriched conversational insights for interaction with voice assistants, chatbots, robotic virtual assistants, social healthcare robotics and mobile voice assistants.

  • German startup Lilium which is planning to develop a five-seater 'flying taxi' has announced that it has raised $90m following a round of financing which was led by Chinese internet colossus Tencent. It's the second round of financing the company has embarked upon, and its latest funding venture has now subsequently made it one of the best-funded electric aircraft projects on the market.

  • Singaporean startup, Limestone Network, has planned to build a smart city in Phnom Penh, Cambodia.

  • A Silicon Valley startup working on self-driving delivery vehicles announced nearly a billion dollars in fresh funding from the SoftBank Vision Fund. The $940 million in financing from SoftBank brought the total amount of funding raised by Nuro to more than $1 billion, with investors including Greylock Partners and Gaorong Capital, according to the company.

  • Uber said it has acquired computer vision startup Mighty AI to help advance its technology for self-driving cars.

  • A Scottish property technology startup is set to deploy non-intrusive 'smart sensors' in an effort to help the NHS build efficiency within its system. The new sensing technology developed by Scottish startup Beringar is set to drastically overhaul how the UK's National Health Service manages its physical assets in a much more effective manner.

  • US e-commerce behemoth Amazon has become the latest technology leader to join the self-driving race following its decision to invest $700m in an electric vehicle startup company.

  • A US startup that is developing a supersonic rail transit system which it claims will represent the future of public transportation, has announced that it will construct a research center worth $500m in Spain. Virgin Hyperloop One reached an agreement with Spanish state-owned rail infrastructure firm ADIF after a series of protracted talks.

  • A Taiwanese venture-backed start-up has agreed to partner with a leading Japanese investment company in an attempt to deploy its electric 'smart-scooters' in the technologically-driven country. Gogoro, which was founded in 2011, formally announced its agreement with global trading and business investment colossus Sumitomo Corporation.