Venture Capital

FCA chooses BMW-Intel alliance to develop self-driving cars

Fiat Chrysler Automobiles (FCA) is throwing itself into the autonomous vehicle race after years of watching its two Detroit rivals vie for leadership – and it’s doing it with formidable partners: BMW Group and Intel Corp.

The Italian-American FCA is joining a team of companies that has worked to create a turnkey autonomous driving system. Along with the premium German automaker and the Silicon Valley chipmaker, the partnership also includes Mobileye NV, the Israeli camera and sensor company Intel acquired earlier this year for $15.4 billion.

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MUSIC TECH STARTUP: PlumResearch focuses on data

Going out to the world with your product and building awareness is one of the most important things in building a startup, especially a b2b one.

MIDEMLAB is very industry focused and it’s hosted at MIDEM the leading music business conference in beautiful Cannes.

It’s very important for startups to attend these kind of events, but it’s even more important to choose wise – those industry focused that really matter. For me it’s music, video, tv, esports, research and big data. I don’t attend every event I get invited to, especially the massive ones about startups or business in general. You need to have a business focused approach to these conferences and use them to schedule meetings with potential corporate clients and partners that visit these industry focused events – it’s often the only way to get to talk to them as calls don’t work too good with enterprises as a first meeting.

Many early stage startups or aspiring entrepreneurs make the mistake and go to every conference possible, they of

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MUSIC TECH STARTUPS: Geobeat, an App for Running with the Right Music

Artem Zhiganov is CEO at Geobeat, an app that lets users hear different tracks that change with how they are moving, where, and under what weather. Users can tell the app how they are moving, either walking or by car or bike, and any time they cross from an area to another, represented by hexagons, music will change.

«We have a few layers, at the moment, and we launched a landing page for producers who’d like to take part in the project. Many producers have already contacted us and some are willing to do something for free. We want to have at least 15 or 20 soundtracks in every city with a strong electronic music scene, we have a road map for Berlin, London, Los Angeles, Amsterdam and maybe Tokyo before the end of the year».

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MUSIC TECH STARTUPS: The technology from Flat for students and general users

Pierre Rannou is CEO and founder of Flat, an online tool for music composition which, in a few words, could be compared to a Google Docs in the music sector. Users need to sign up on the website before they can create their first music sheets, compose and, if they want, invite friends to be able to compose in real time together.

«Of course you can create on your own, otherwise if you want to collaborate in real time with your friend you can just send a direct link to your composition and they’ll be able to share it with you.

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MUSIC TECH STARTUPS: Kombie, targeting the millennials

Stuart Berwick is the cofounder of Kombie, an app mostly aimed at younger users. It lets them record and mesh themselves to any video. «It’s a really simple concept but it actually does a number of things. With Kombie you can record yourself in and out, and it loops around, so it’s really engaging. With other apps you record yourself on some music and then you share it. We have the video too, so it’s much more powerful. You can do comedy as well, or take any video you like from your camera».

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Scale-up: UK leads the ranking despite Brexit

Europe is home to approximately 4,200 fast growing, ICT scale-ups in 45 countries, collectively raising about $58 billion in funding. And the UK is far and away the leader, with 34% of the scale-ups – 1,412 – and capital raised 35% of the total available to scale-ups in Europe, followed by Germany, France and Sweden at a distance.

This is what emerged from the latest SEP Monitor on Scale-up Europe presented by Mind the Bridge and SEP – Start-up Europe Partnership – at the Start-Up Europe Awards in Brussels.

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Apple: Neural Engine chip to remove users from devices

Apple is reportedly working on a dedicated artificial intelligence chip that would power AI-related tasks on mobile devices, according to a report from Bloomberg’s Mark Gurman. The chip, which may be called the Apple Neural Engine, would be used to offload tasks that require sophisticated algorithms related to facial and speech recognition and augmented reality tasks that rely heavily on computer vision.

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