Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Autodesk Autodesk president and CEO Andrew Anagnost. Autodesk this week agreed to buy construction software company PlanGrid for $875 million. The San Francisco-based start-up previously raised $69 million in funding from investors including YCombinator, Sequoia Capital and Tenaya Capital. PlanGrid enables real-time construction tracking for contractors and and architects. Autodesk “makes software for people who make things.” Start-ups Beijing-based robotics company Geek+ completed a $150 million Series B round from backers including Warburg Pincus, Volcanics Venture and Vertex Ventures. The company develops artificial intelligence and robotics technology for supply chain…

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AI Is Fast Disrupting The Travel Industry. Here’s How.

AI Is Fast Disrupting The Travel Industry. Here’s How.

Be it cutting edge innovations in healthcare or improving predictive analysis across different businesses, AI and machine learning have become the catalysts driving transformation across industries. Travel industry has followed the suit and is not much far behind when it comes to the adoption of these emerging technologies. From recommendation, to forecasting, to personalised assistance, AI has seen varied applications in travel industry and its ancillaries. The travel brands are extensively using AI technologies like ML and NLP to boost customer experience.  These companies are mining the customer data and…

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