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UnitX Raises $5M to Elevate Manufacturing Quality with AI

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SAN JOSE, Calif., Oct. 19, 2023 — UnitX has been awarded a $5 million investment from SE Ventures, a Silicon Valley-based venture fund backed by global energy and automation company Schneider Electric. UnitX, through its software-defined vision system (OptiX) and its edge AI compute platform (CorteX), delivers inspection and defect detection capabilities to manufacturing customers. This technology can drive step-change improvements in the detection of visual defects that often escape human inspectors or legacy machine vision systems. The investment from SE Ventures will also help UnitX to expand its geographic...Read full article

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    Published: October 2023
    Glossary
    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.
    BusinessinvestmentfundingSoftwareartificial intelligenceAIindustrialAmericasUnitX

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