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Monday, November 11, 2019

Autonomous Trucking Startup iSee

Interesting effort which could change supply chain logistics.  Worried a bit about huge trucks flying around the road before we get it all right.   For more about the caution side of this I watched a recent Nova Program:  "Looks Who's Driving". See: https://www.pbs.org/video/look-whos-driving-65sadz/ .  Well done, and shows the complexity of the overall problem.

This autonomous trucking startup out of MIT wants computers to think like human drivers, and it just became the first self-driving truck investment for Founders Fund
By Megan Hernbroth   BusinessInsider.   Much more at the Link

iSee, an autonomous driving startup for trucks, announced $15 million in Series A funding from Founders Fund on Monday.

Unlike other autonomous driving and logistics startups, iSee uses proprietary deep learning and computer vision technology to try to give its trucks "common sense," an area that other technologies struggle to replicate. 

The startup is Founders Fund's first investment in the red-hot logistics sector. Still, partner Scott Nolan told Business Insider that the firm is investing in the iSee team and its technology specifically, not the larger trend.

The team is comprised of a notable computer research lab under cognitive science professor Josh Tenenbaum at MIT. Maintaining a high bar for new hires is one of the key challenges facing the team of former academics, Nolan said.  .... " 

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