Your Tech Story

Product

Graphcore

Simon Knowles : A Pioneering Engineer in the Field of AI-ML

In the 21st century, Artificial Intelligence and Machine Learning have spread a cloak of mystique around the world that no one wants to drop off. Today, the prime area of learning, research and improvement have been revolving around these two things which so far seems to the two most important and necessary development of science.

With science already bringing a new wave of inventions to the shore of computation, Simon Knowles is ruling the world with his idea of creating chips for AI and ML which will make the computer’s brain work more like a human’s brain.

Simon Knowles is a famous entrepreneur and an engineer who is the co-founder of Graphcore, a semiconductor company that he founded along with Nigel Toon. Knowles’s main aim is to create an IPU (Intelligence Processing Unit) that can allow humans to explore the scope of AI more freely and not just scraping the surface.

Education and Early Career of Knowles

Simon Knowles
Image Source: http://scaledml.org

Simon Knowles graduated with a degree in Electrical Engineering from the University of Cambridge. After graduating, he went to study early neural networks at a UK government research lab.

He co-founded his first start-up, Element 14, a wireless processor developing company in the 1990s, which came under the acquisition of Broadcom Inc. in 2000. He sold the company for $640 million and co-founded his second start-up, Icera, in partnership with Toon. The company was established for mobile chip making in 2002, which later was acquired by Nvidia for $436 million.

The Idea of Graphcore

After selling Icera to Nvidia Corp. in 2002, both the co-founders were trying to settle on one single idea, which could be their next field of research or next chance to make billions. Not being able to make a choice, Knowles decided to attend the series of lectures at Cambridge University. One day, he attended the presentation of Steve Young, a Cambridge professor of the Information Technology department, who was elaborating the limits of computational dialogue systems. Young is also known to invent a speech processing service which is now used in Siri.

While Knowles listened to Young’s speech, the former asked him multiple questions about numerical precision and energy efficiency. But, it seemed like Knowles’s questions were out of the field for Young, but that is where Knowles’s interest was stuck as he wanted to invent something instead of just swallowing the lump of information.

Few days after the lecture, Young contacted Knowles to tell him that his students found out that they were using 64 bits of data for one single calculation. They realized that this can be replaced by 8 bits data per calculation, as Knowles suggested in the lecture, which will save the energy that is consumed before. But the calculations won’t be that precise. Well, Knowles said that was his entire idea to manipulate the brain of the computer and make it more human-like. Knowles, in one of his interviews, said that if they could build this kind of processor, the performance factor will be increased by one thousand.

Everyone including, Young and Toon, was very impressed with his idea, and hence, Knowles and Toon decided to found Graphcore, to build this new kind of IPU. They started raising capital from 2013 and were finally able to launch Graphcore in 2016.

Success of Graphcore

After carrying out thorough research, for three years, to create energy-efficient and a cost-efficient chip, that can harness all the power at one single time, but uses less energy than a GPU, they designed a chip with 1,216 processor cores with 24 billion transistors. This chip was manufactured in 2018 and turns out, it was able to detect 10,000 different images per second.

The company is still working on these chips and making it recognize more complex data and not just simple objects. Knowles’s main goal is to provide the machine with lots of data, and the machine should find out a way to complete the given task. Knowles’s dream to make machines behave human-like is bringing a new era, an era of Artificial Intelligence.

The first funding round of Graphcore was led by Robert Bosch Venture Capital in 2016, followed by a round B funding in 2017 by Atomico, and a few months later, by Sequoia Capital. In 2018, Graphcore raised $200 million in series D funding from investors like Dell, Microsoft and Samsung, which resulted in its net worth to $1.7 billion in December 2018. The company also announced that it might hit $50 million revenue this year.

Graphcore also provides server blueprints to many big companies to guide them on how they should manufacture next-generation computers.

FetchMe Wishes

FetchMe Wishes : The Story of Two Delhi University Students, Who Developed Capital’s First Day Delivery Service

FetchMe Wishes is a Delhi based startup which provides on-demand delivery services. It is a platform which allows customers to order anything from anywhere across Delhi NCR. From stationaries to food items, and sanitary to cosmetics; it can deliver it all right at your doorstep within minutes. Apart from this, the startup caters to big business houses and food outlets as well as provides them with many perks like the freedom to expand their reach, save money and maintain a smaller fleet size by outsourcing their deliveries.

The Co-founders

Pranav Gupta and Vaibhav Dara are the co-founders of FetchMe Wishes Pvt. Ltd. Being a commerce student in class 12th, Pranav Gupta still chose Statistics Honours over other mainstream subjects, owing to his love for numbers.

However, the reality of this course was far different from what he had expected. As a result, he lost interest in the subject and fell behind everyone in the batch. Feeling pressurized by this sudden turn and change in the events, he started exploring different ideas, and one day, decided that he wanted to do something of his own.

Founding FetchMe Wishes

FetchMe Wishes Founder

Soon, the time came for Pranav’s sister’s marriage, and he also had his semester exams. Being an only sibling, he was given a lot of responsibilities. On the other hand, he was merely passing in his previous semesters. It was then that he got the idea of FetchMe, a startup that would make people’s lives easier and help them in completing their errands and deliveries.

Pranav looked upon it as an opportunity and brainstormed the idea with his best friend Vaibhav. Vaibhav Dara is currently pursuing mechanical engineering from Delhi Technological University and has the same core beliefs as Pranav when it comes to doing business. It was in June 2018 when both of them shook hands and made FetchMe happen.

Within ten months of FetchMe’s inception, it has already made over one lac+ social media impressions and has a customer retention rate of more than 80%. Major areas that FetchMe is covering in Delhi NCR as of now are East and North Delhi with some parts of Indirapuram and Noida as well. FetchMe has been able to create a fleet size of over 25 people with ten fixed employees and fifteen freelancers.

The Accomplishments

On average, they have more than a hundred orders per day and revenue of over 1.7 lacks per month. FetchMe follows different pricing policies as per the need of its clients. Normally, the charges are INR 40 for the first 3 kilometres and INR 9 per kilometre thereafter, along with some nominal waiting charges, if applicable. They also have special prices for businesses collaborating with them, and those charges vary from INR 25-80 depending upon the number and distance of each delivery. They have already collaborated with over ten such businesses, and their B2B collaborations are growing at a whopping rate of 25% each month.

Recently, FetchMe was able to secure a private investment of 12.5 lakh for 5% of its equity valuing the company’s net worth at INR 2.5 crores.

How it Works

The working is very easy. You can either call, Whatsapp or place an order by visiting their website and click on the order now button. After that, you will be showcased 4 options to select and when you select an option, you will be redirected to a window, where you can give your exact order details and provide them with the correct pickup and drop address. After providing the details you will be given an option to calculate the fare, and once you are good to go with the price, you can then proceed with the payment and review different payment options. For payment, they have various options for online payment like a Credit card, Debit card, PayTm, and other mobile wallets. Along with that, they also provide Cash on Delivery option to their customers.

rapido

Rapido : India’s Biggest Bike Taxi Pooling Service

Though taxis were always there, the ride-hailing services have got even more popular after the companies like Uber and Lyft has come onboard. These apps provide the most convenient method to hire cabs and travel independently. But for a daily basis, these are not the affordable choice for people. In countries like India, there is also a problem of traffic in big cities, which also affect the efficiency of a rental car. But with the motorbikes, there is still hope for affordability as well as escaping the traffic. This very fact has inspired many people to build a bike ride-hailing service, and companies like Uber and Ola are not any exception. Even though these big companies could manage to host the very service, it is Rapido that has successfully established its motorbike ride-hailing service in India.

Rapido was founded by three engineer friends, Aravind Sanka, Pavan Guntupalli, and S.R. Rishikesh, in 2015, in Bengaluru India. Sanka and Guntupalli are childhood friends, and Rishikesh was the flatmates with Guntupalli. Three of them were working as engineers in Bengaluru, earning good bucks, but none of them could not escape from the startup fever.

After the app-based ride-hailing services came to India, all three loved the concept and used those apps to commute to their offices and back. But it was not an affordable option. One fine day, all three decided to overcome this problem and look for some better and affordable option for daily travelling.

Rapido founders
Image Source: Forbes

Motorcycles are quite popular in India and are also the most affordable mean of travelling. All the three decided to quit their job and start working on a business model that will help people hire bikes to commute from one place to the other at cheap prices. At the beginning of their business, they named the company ‘theKarrier’. They started theKarrier in November 2014 and rebranded it as Rapido in 2015.

The basic idea behind the startup was to hire people who owned two-wheelers. The idea was different from Uber and Ola, as these company invested heavily on the vehicles. But in the case of Rapido, the bike owners just needed to register on the Rapido-captain app and verify their details with the company. And, they were good to go. Another thing that helped Rapido to rise above its rivals was that it did not bother that the driver wanted to be full or part-timer.

The driver in terms of Rapido is called the Captain, and the company provides its every captain with insurance. For the safety of the rider, it has included a few features on the app. The user gets the assistance just in a single tap on the app. Rapido has also set up a customer care service for the users and also offers perks on the rides.

Almost over 5000 drivers use the app every day, and an average of 15,000 drivers log in to the app every month. These drivers also complete over 30,000 rides per month on an average, and the company aims to make it one million rides per day by the end of 2019. The women drivers have also registered to the app and are successfully earning good money over it. According to the stats, the app usually registers drivers of the age between 18 to 50 years.

In April 2017, Rapido raised an undisclosed amount in its pre-Series A funding, backed by Hero MotoCorp Ltd chairman Pawan Munjal and Google India managing director Rajan Anandan. By 2018, the company has raised $6 million in two rounds and was earning a $1.5 million revenue every month. It hosted the latest round of funding in August 2019 and raised over $58 million in funding led by Westbridge Capital. Rapido wants to spend this money on technical innovation and intends to reach 100 major cities in India soon.

Rapido began its service from Bengaluru and is now expanded to 40 cities across the country, including Hyderabad, Mysore, Vishakhapatnam, Vijayawada, Tiruchirappalli, Madurai, Coimbatore, Indore, Guwahati, Surat, Patna, and the NCR region.

The Rapido founders got their names listed in Forbe ‘30 Under 30 Asia – Consumer Technology 2019’.

Microsoft Windows 10 Tab Experience

Microsoft Releases New Build for Insiders that Enhances the Windows 10 Tab Experience

Microsoft has been experimenting with Windows 10 since it was first launched to bring a better user experience for its customers. Recently, it had released some new features for its Tablet OS. This time, again, keeping the Tab experience in mind, the company has launched a new build for testing, i.e., Build 18970 (20H1), to enhance it. The company released the build for the Microsoft Insiders for the testing, and along with that, they can also use the Cumulative Update Build 18970.1005 (KB4518974).

The build has been designed for the 2-in-1 convertible PCs, including the Surface Pro. The new build has got a similar design as the current Windows 10 desktop interface, but as soon the keyboard is removed, or the position of the PC is changed to a Tablet’s, Windows becomes compatible to the Tablet view.

The new build has brought some changes to the current interface of the 2-in-1s. The changes include increased spacing between the Taskbar icons, and the company has collapsed the Search box on taskbar into an icon. So to use the Search box, one needs to tap on the icon, and the Search box will pop up on the screen. Also, when turned into a Tablet, the File Explorer switches to touch-optimized layout for better accessibility for the users. The company has also optimised the keyboard software for the Tablet, as when turned into a Tab, the Touch keyboard is auto invoked upon tapping on any of the text fields on the screen.

Microsoft Windows 10 Tab Experience
Image Source: microsoft.com

Since the company is trying to provide its users with a better Tablet experience, it has also made some changes in the settings for the Tablet. Along with the new build, Microsoft has also made refurbished the Rest option for the Windows. Now, the users can easily re-install the Windows from the cloud or local drive using the Reset option. Earlier Reset option only allowed the installation through a local install, that too with available Windows files (the compressed copy of Windows files stored at the local disk). Now the users will be able to speed up the process of installing the Windows through the cloud.

These are some of the changes that Microsoft has defined through a Blogpost, but according to the reports, there are some more. But that, one can only know after exploring the new Build. Currently, it is only available to the Microsoft Insiders, and after the update is released for the general public, the users can enjoy the new Tab experience as soon they change the position of the laptop as a Tab or remove the keyboard from it.

voicemail

Gordon Matthews : The American Inventor Who Invented the Voicemail

Some inventions have become such an integral part of our lives that we cannot imagine our lives otherwise. One can even go to the extent and say that we have almost taken such services for granted. The biggest such example is a subtle yet impactful invention- the Voicemail. This telephone service has been a part of our life for a very long time. It is almost impossible for us to imagine our mundane lives complete without this. But the voicemail is the result of sheer hard work and novelty. Gordon Mathews, the inventor of Voicemail, teaches us some of the most important lessons of life as we unfold the story of how a normal man went on to become the visionary who changed the way people communicate.

The Beginning

Gordon completed his graduation in engineering science from the University of Tulsa in the year 1959. Soon after his graduation, Gordon joined the U.S Marine Corps, and this life decision laid the first foundation stone for Voicemail. We can all agree on the fact that there comes a day in everyone’s life when they have the make it or the break it moment. For Gordon Mathews, this time was when he witnessed the accident of his fellow pilot.

A part of him believed that he had a role to play in it. Soon after he was discharged from the U.S Marine, Gordon went on to join IBM and contributed hugely in developing voice-activated cockpit controls that would play a major role in decreasing air catastrophes such as his friend’s. The incident managed to influence and affected him in such a way that the man decided to dedicate the rest of his career trying to find a solution for such problems in transmitting information between people.

Gordon Matthews
Image Source: ithistory.org

There are a lot of stories that revolve around how Mr Mathews invented Voicemail. The most famous and widely accepted one among them is of his travel to his office in Dallas on a rainy day. On his way to the office, Gordon noticed a trash-filled with pink slips full of while-you-were-out messages and other important information. This sparked an idea in him, and later, led to the invention of the Voicemail.

Gordon once said that if he sees anything that irritates him, he tries to fix it. This was exactly what happened with Voicemail. At the time of his invention, there was already the existence of a simple home answering machine that could only store messages. It uses an ordinary typewriter to do its function. The system found by Gordon did so much more than just record and save messages, i.e., send, forward, receive, store and even erase messages.

VMX

With the rocketing success of voicemail, Gordon started his very own company called ECS Telecommunications, which later on went on to be known as VMX. Soon enough, he received a patent for his invention of Voicemail and sold his first system to 3M (Minnesota Mining and Manufacturing Company). It is believed that his wife Monica was the one to send the first commercial voice message over it.

Later on, Mr Mathews went on to sell major shares of his company to huge firms such as 3M, Intel, Hoffman La Roche and Zenith Data Systems. But later in the year 1988, VMX went into the verge of a major bankruptcy and was soon acquired by a firm named Opcom. This firm was in turn obtained by Octel communications which were then, the largest provider of voicemail services and equipment across the world.

The Legacy

The legacy that Gordon Mathews left behind is huge. He is someone who believed that he could make the world a better place and actually went on to do the same. Even though he did not have much of a success story to tell as a businessman, everyone has a lot to learn from Gordo, as an inventor. The world is always in dire need of new inventions and people like Gordon Mathews, who indeed makes a huge difference in how we perceive the world.

Instacart

Apoorva Mehta : The Founder of Instacart, the ‘Uber of Grocery’

The internet and the rise of the tech giants like Google, Microsoft and Amazon have inspired a lot of people out there to start their own innovative business. And there is much evidence that the inspiration has worked for numerous people. The Internet has helped people to get idea from their daily needs and transform it into a successfully functioning business. One such person, who was inspired by the success of the big tech companies, is Apoorva Mehta, the founder of Instacart. Mehta was awed by the fact that how the new startups were getting success overnight. And hence, after trying out over 20 business ideas, he finally started Instacart.

Early Life and Career

Mehta belongs to the Indian descent, but was born and brought up in Canada. He had always been inclined towards the internet and technology. He had also been interested in learning science and computer programming. After completing his school education, Mehta joined the University of Waterloo, to complete an electrical engineering degree.

After completing his graduation, Mehta worked for companies like Qualcomm and BlackBerry. Though he had got good jobs, he was a bit confused about what he really wanted to do. Later, in 2008, Mehta moved to Seattle, to work with Amazon. He joined Amazon as the supply chain engineer. But, here too, he could not feel the passion for work and left the company after two years, in 2010.

The Inspiration for Startup

Apoorva Mehta Instacart
Image Source: celebritynetworth.com

With the rise of the tech companies, he had already developed an interest in entrepreneurship, so Mehta started looking for ‘the’ idea, that would help him establish a successful business. It took him over two years and 20 failed startup ideas to finally reach to Instacart. Before Instacart, Mehta tried to build an ad network for the gaming com to developing a social network for lawyers. But nothing worked for him.

After brainstorming for two long years and testing out those twenty startup ideas, Apoorva Mehta stopped and analysed, what he was doing wrong. He even thought of quitting, as none of his ideas had worked out. But persistence is the key. This time, he decided to work with passion and patience. He also realized that a business is successful when it solves a problem. So, he started looking for a problem that he could solve. Ultimately, he got an idea of developing an online grocery delivery service, which came out straight from his own pain point.

While working at Amazon, Apoorva Mehta was unable to find time to go for grocery shopping. He could order anything online, but there were no grocery delivering services. He found an opportunity in the problem and started working to solve it.

Finding the Investors

Mehta developed the app for his new startup ‘Instacart’ and started looking for investors. He tried to get into the Y Combinator tech incubator 2012, but the summer intake was already closed. So he had to take the other way around. He met a few of the partners of Y Combinator to request them to provide him entry into the incubator. But no one agreed. He met the last partner, who did not reject him, but said that the startup idea was nearly impossible.

Apoorva Mehta came back empty-handed but sent a pack of beer to that last partner through his app. This act made that partner think of this idea again, and he convinced the other Y Combinator partners to open the entry for Mehta. And this way, the doors of success were also opened for Mehta and his startup. Finally, he launched the company in 2012, in San Francisco.

The Rise of Instacart

In two years from its inception, the company gained a $40 million and spread to 17 different locations within the U.S. and Canada. The company was named as the ‘Most Promising Company in America’ by Forbes in 2015, and even, valued at $2 billion just in three years.

In 2016, the company went to expand in the North Chicago Zone, and the next year, the company was serving in 1,200 cities in 25 states. By the end of the year, the company partnered with Loblaw Companies for deliveries. The company raised a total of $400 million investment and valued at $3.4 billion.

In 2018, Instacart partnered with companies like Walmart Canada, HyVee, The Fresh Market, Harps, Lunds & Byerlys. It even acquired a Canada-based grocer named Unata. After raising a $200 investment in February 2018, the company raised another $600 million funding in October the same year and valued at $7.6 billion.

Mehta’s startup idea was unique and became successful within a year of its inception. And today, it is among the unicorn companies. The reason behind the success of Instacart is that it was different from the other businesses. It won’t be wrong if we call Instacart the Uber of grocery, as there was no warehouse to store the grocery and no official vans were bought to do the deliveries. In fact, the grocery came directly from the retailers, and the company hired people with their vehicles to do the deliveries. Both Instacart and the retailer are in benefit, and there is no spending of money on the physical cost resources.