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Quadric.io received a total of $15 million so that they can build a plug and play supercomputer for autonomous system

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Quadric.io received a total of $15 million so that they can build a plug and play supercomputer for autonomous system

Quadric which is basically a startup founded by the people who were behind the secretive Bitcoin mining operation “21E6” and has ended up raising $15 million in their Series A investment round. This has been a huge success for a small company like Quadric.io. This money that has been raised in this investment round will go towards building the supercomputer which will be designed for autonomous systems.

This Series A round of investment was led by automotive Tire 1 supplier DENSO and its semiconductor products arm NSITEXE, which is Quadric.io’s customers of the electric system which will be there in the future in all levels of the autonomous driving solutions. Leawood Venture Capitalist is also one of the participants in the Series A round.

The company said that it will be using the capital to build a product which will hire people as business development. The main seed investors of Quadric.io are Pear, Uncork Capital, Cota Capital, SV Angel, and trucks VC.

Quadric.io grew from a disconnected mission to produce a robot for agriculture, which change the way vineyards are managed. This company was launched in the year 2016 by its Chief executing officer Nigel Drego and CPO Daniel Firu. They are also the co-founders of 21 Inc. The Bitcoin startup which was once known as the 21E6 was later called as Earn.com before it ended up being acquired by Coinbase for $100 million.

The main plan of Quadric was stymied by some real-world fundamentals. The power-hungry ag robot was slowed down with the weight by batteries that were unwieldy to move amongst vineyard row and also the processing time to turn all the loads of the environment data into the actual action which is basically based on the algorithms were a bit slow.

Quadric was on the lookout for the chip which is designed for processing on the edge and all the decisions which are made are in real time. The need has finally grown into a Quadric core product today.

Kheterpal said in a recent post that Intel’s CPU’s is very up to the standard computer processing and the Nvidia GPU has finally,

 “ushered into gaming and much graphics processing for gaming and much more which was previously not possible.”

Quadric will be in need of some technology and parts which neither of the companies can provide which is a chip designed for processing on the edge.

The computer has finally created a unified architecture the supercomputer that will help enable high-performance computing along with artificial intelligence. The supercomputer is built on Quadratic Processor, which is basically a plug and play unit. It has been seen in the early testing that the computer shows 100 times lower latency and 90 percent reduced power consumption.

Quadric was the one which designed the instruction set chip architecture system. All the system level manufacturings are done at the Santa Clara which is in California and all the things are then assembled in Asia.

Quadric has ended up arguing that fundamental technology is all prerequisite for companies that develop all the autonomous systems that can be used for transportation, construction, and agriculture. All the tech which has been used below lacks the performance and can solve a small part according to the company.

The autonomous functions end up requiring higher processing speed and responsiveness that is one the edge which is on the machine level and not in the clouds.

Tesla is one of the companies who has decided to build its own chips to meet all the specific requirements. According to Kheterpal, a very less percentage of companies can come up with resources to build tech from scratch.

Kheterpal wrote:

“Quadric is a plug and play option that eliminates the need for building heterogeneous systems with significant hardware and software integration costs — thereby taking years off of product development roadmaps.”

Source

 

Brown is a Senior Writer at GadgetFreeks.com. He has previously worked as Growth PM lead at Airbnb. At GadgetFreeks, he writes news on latest startups which are launched in the industry.

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JustDial (JustDial.com) seems to be De-Indexed by Google – India’s leading local classifieds website

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JustDial (JustDial.com) seems to be De-Indexed by Google

Update: It’s back. So is this a Bug? Or Penalty? Only Google knows.

Why does Justdial vanished from Google index?

Have heard about JustDial? Yeah, it’s 20th June and India’s leading directory portal has vanished from the google.

Yeah, there will be rarely a person in India with a smartphone who don’t know about justdial as they used to come handy for any kind of help regarding finding suitable solutions.

Well, this news was first discovered by suumit shah. He is one among India’s leading SEO analysts. At the time of the evening, 5-6 results were still available on Google when we use site:url.com dork. But now, there’s no single result available for justdial.

JustDial (JustDial.com) seems to be De-Indexed by Google

JustDial is one of the biggest Directory sites in India. It serves more than 75 million hits monthly according to the similar web.

Justdial Similar Web Traffic

During last month, Google announced that their indexing systems have some issues but later on they’ve confirmed that issue has been resolved. Still, it happened with just dial, so, most probably there must be some mistakes detected from an SEO point of view by google.

However, the real cause behind issue has not yet been disclosed by any of the party, yeah, neither by Google nor by just dial.

So, the main reason will be really interesting and SEO crowd is still waiting for it.

We’re already in touch with just dials team and they’ve not yet found the cause. So, we’ll update you regarding the same as soon as we’ll get some strong update by either of the parties.

However, the SEO crowd and analysts are saying that there is no visible issue found in justdial from its technical SEO point of view. So, predictions and assumptions are saying that there must still be some issues in Google indexing. Though that issue had not deleted an entire site from the index and it had taken time to remove indexed pages, so this time too it could be something interesting.

Have you remembered this kind of issues had already happened on YouTube in the past. Yeah, something could be like that in this case as well. But saying anything with security isn’t possible at the moment.

Moreover, Justdial application is still available on Google play store. So, let’s hope that our big brand has not done anything wrong.

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$79 Million Raised By PayFit For Its Payroll service

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$79 Million Raised By PayFit For Its Payroll service

PayFit is a French start-up that currently raised $79 million in funding from Bpifrance and Euranzeo. The company started out by providing payroll services to both small and medium-sized companies in France. But the company has soon emerged as a complete HR solution provider for many European countries.

In order to make things easy for small companies, PayFit makes use of a software-as-a-service approach. This help companies to easily handle HR information and payroll from a browser. Not just that, but everything stays updated and in alignment with the labor regulation as well.

PayFit has been designed to generate pay slips once you enter employee data in it. Employees are sent an email once their pay slips are ready to be discharged. In case, an employee is going to get an increment, the amount can be modified by logging into your PayFit.

At times of paying payroll taxes, the system automatically reminds of you how much and at what time you have to pay them. Along with it you can also see reports about your employees and generate exports for your accountant.

The system is also designed to handle leaves, absences, shifts and expense reports. This is important as it affects your payroll directly.

You can also create an organizational chart in the system in order to approve vacation days and expense reports.

Making HR giants in the US is still easy. But when it comes to Europe, labor laws are much more complicated. Despite that, the start-up has managed to spread its services in Spain, France, Germany, and the UK. It is soon going to introduce itself to Italy as well.

The company also has its own programming language called the Jetlang which can transform labor code into computer code.

The company has 300 employees and around 3000 companies depend on it. With this fundraising, the company is planning to double its workforce by 2020.

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A German insurance app named Getsafe scores a $17M for series A

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A German insurance app named Getsafe scores a $17M for series A

Getsafe, the German protection startup focusing on recent millennials, which has raised $17 million (€15m) in a Series A financing.

The round is driven by Earlybird, with CommerzVentures and other existing financial specialists likewise taking an interest, while the capital will be utilized for European development. The organization intends to dispatch in the U.K. before the year’s over.

Established in May 2015 by Christian Wiens (CEO) and Marius Blaesing (CTO), Getsafe at first propelled as a computerized protection intermediary yet has since rotated to a direct to advanced purchaser protection offering of its own (its financier business was sold to Verivox).

The startup claims it is the market head in the advanced initial 20 to 35-year-old portion, with 60,000 clients, even though contenders, for example, Wefox’s One may oppose this idea.

Getsafe clients can take out leaseholder’s protection and obligation protection. The last incorporates bicycle and automaton inclusion, with extra items to be included soon.

More comprehensively Getsafe says it is “rehashing protection”. The insurtech startup, situated in Heidelberg, says its tech utilizes AI to enable clients to recognize the protection assurance they may require.

The organization says:

“With a couple of snaps, clients can find out about, purchase, and oversee protection on their cell phone.”

Cases should be possible completely carefully, as well, by means of the Getsafe application and chatbot.

As a feature of the speculation, Getsafe plans to develop its group from the present 50 representatives to more than 100.

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