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Micropsi Raises $30M to Scale Automation, Adds Managing Director

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Micropsi Industries, a provider of turnkey AI-systems for industrial automation, closed a $30 million Series B financing round. The funding will be used to expand operations in the U.S., ramp up sales efforts, and expand to more robotics platforms. The company’s MIRAI robot control system uses sensor and cameras to be able to react in real time to dynamic conditions in a workspace. Robots powered by the system can be trained by humans to perform hand-eye-coordinated actions in industrial environments. Companies such as Siemens Energy, ZF Group, and BSH use MIRAI in their...Read full article

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    Published: February 2022
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    artificial intelligence
    The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
    Businessmachine visionautomationartificial intelligenceAImanufacturingindustrialMIRAIfundingSeries BMicropsiEuropeDominik BöslinvestmentFinanceThe News Wire

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