Bearing Raises $7M in Post-Seed Funding
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Reporting by Helen Popkin, Aayushi Pratap and Nina Wolpow The Covid-19 pandemic was devastating for many industries, but it only accelerated the use of artificial intelligence across the U.S. economy. Amid the crisis, companies scrambled to create new services for remote workers and students, beef up online shopping and dining options, make customer call centers more efficient and speed development of important new drugs. Even as applications of machine learning and perception platforms become commonplace, a thick layer of hype and fuzzy jargon clings to AI-enabled software.That makes it to...
Bearing Brings AI-Powered Operational Efficiencies to the Maritime Shipping Industry Highly accurate ship performance models built off real-world data Bearing (www.bearing.ai) exits stealth mode and launches its AI-driven operations optimization platform, which provides a wide range of actionable insights to shipping companies, leading to improved efficiency, safety and reduced greenhouse gas emissions. Bearing's platform is powered by highly accurate ship performance models built on real-world data, allowing it to predict fuel consumption, speed, and other performance factors much more accur...