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Porsche-Backed Princeton Spinout Cephia AI Scores $4M To Create Tiny Superhuman Sensors Like Mantis Shrimp Eyes
Yahoo Finance· 2025-11-07 00:01
Core Insights - Cephia, a startup emerging from a decade of research at Princeton University, has developed advanced imaging sensors that exceed traditional camera capabilities, launching with $4 million in seed funding and pilot customers already testing the products [1][2] Group 1: Company Overview - Cephia is based in San Francisco and focuses on building imaging sensors utilizing artificial intelligence, computational imaging, and silicon metamaterials [2] - The company aims to support product development, team expansion, and sales initiatives with the newly raised funds [2] Group 2: Technology and Innovation - The technology of Cephia is inspired by biological systems, particularly from marine and insect life, such as mantis shrimp, dragonflies, and cephalopods, which have eye structures capable of perceiving wavelengths and dimensions beyond human capability [3][4] - Cephia's sensors utilize silicon metamaterials to manipulate light in unique ways, enabling sensing functions that are challenging to replicate with existing technologies [4] Group 3: Founding Team and Background - The founding team consists of scientists from Princeton University's Computational Imaging Lab, with co-founder and CEO Bo Dong having a background in leading computer vision teams at Disney Research Imagineering and ESPN's Advanced Technology Group [5]
Chipmaker STMicro's Q4 forecast hit by weak auto sales
Yahoo Finance· 2025-10-23 05:14
Company Overview - STMicroelectronics forecasts fourth quarter sales of $3.28 billion, which is an increase from $3.19 billion in the previous quarter but below the analyst expectation of $3.34 billion [1] - The company has reduced its capital expenditure plans for 2025 to slightly below $2 billion, down from a previous range of $2 billion to $2.3 billion, due to weakness in silicon carbide demand [2][3] Sales and Market Performance - Lower sales to a significant electric vehicle customer, likely Tesla, have negatively impacted the company's outlook [3] - STMicroelectronics' shares fell by 7.9%, making it the worst performer among France's CAC 40 and Italy's FTSE MIB indexes [2] Industry Context - The semiconductor industry, particularly companies like STMicroelectronics, Texas Instruments, and NXP, is experiencing a prolonged sales slump due to low demand, high inventories, and geopolitical disruptions [5] - Analysts indicate that while the industry is in an up-cycle, it is characterized as "very muted" [6] - STMicroelectronics' third quarter results were supported by stronger sales of imaging sensors and microcontrollers, but faced challenges in power and discrete products for automotive and industrial applications [6]