Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings
Investing.com -- RealSense announced Friday it has completed its spinout from Intel Corp (NASDAQ:INTC) and secured $50 million in early-stage funding to accelerate its expansion into the robotics sector.
The computer vision technology company develops cameras that enable machines and devices to perceive the world in three dimensions. These cameras allow robots and other devices to "see" depth, interpret their surroundings, and interact with their environment.
RealSense is backed by Intel Capital, the MediaTek Innovation Fund, and other strategic investors. The company aims to capitalize on growing demand for computer vision sensors that help robots navigate and understand complex environments.
The newly secured funding will be used to scale up manufacturing operations and expand the company’s global go-to-market efforts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.