OpenSpace raises $14 million for AI platform that visually tracks construction projects

The global construction market will be a $12 trillion industry by 2022, according to a recent Construction Intelligence Center (CIC) forecast. However, the sector is not renowned for its efficiency — various reports indicate that construction is among the lowest-performing industries in terms of productivity, a factor that can be attributed in part to the…

Disrupting the Insurance Industry with AI

Listen and subscribe to this podcast via Apple Podcasts | Google Podcasts | RSS “At a fundamental level, insurance is a social good. It’s about a community of people pooling their resources to help the weakest members in their hour of need. That should be the most loved industry, but it’s 180 degrees away from…

Virtual reality shows new promise for some kinds of surgical training

A recent validation study conducted by the David Geffen School of Medicine indicates that virtual reality could provide significant benefits to surgical training. The study, which was financed by the virtual reality surgical training startup Osso VR, indicates that participants who used the company’s training methods improved their overall surgical performance by 230%. That’s a…

‘No Man’s Sky VR’ arrives August 14th with ‘Beyond’ update

Source: PlayStation (YouTube) In this article: art, av, gaming, hello games, hellogames, no mans sky, no mans sky beyond, no mans sky vr, nomanssky, nomansskybeyond, nomansskyvr, pc, ps4, psvr, virtual reality, virtualreality, xbox one, xboxone All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories…

Facebook is losing its last Oculus co-founder

Facebook spent billions on Oculus in 2014, and in the years since the organization has been absorbed deeper into Facebook while the startup’s co-founders have stepped back in prominence. Today, the final Oculus co-founder remaining at Facebook, Nate Mitchell, announced in an internal memo sent to employees that he was leaving the company. The news…

Here’s how virtual reality is training the doctors of the future (MSFT, PHG)

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Health Pro subscribers. To receive the full story plus other insights each morning, click here. Two virtual reality (VR) companies, Oxford Medical Simulation (OMS) and Osso VR, recently announced details on their efforts to transform doctor training, with interactive training solutions:…