London-based start-up PhysicsX has raised US$32million in funding for development of its generative AIs, which the company says will enable breakthrough engineering in advanced industries such as automotive, aerospace, renewables and materials production.
PhysicsX says that the AIs it’s building will dramatically accelerate accurate physics simulation, enable generative engineering solutions, vastly accelerate some of the most time-consuming activities in the engineering process and make complex engineering across industries more accessible. These AIs will help to overcome fundamental engineering bottlenecks such as time-consuming physics simulation, the painstaking reconciliation of virtual simulation and real-world data collection and the many limitations related to optimising over a large design space.
The company employs a team of more than 50 simulation engineers, machine learning and software engineers, and data scientists with backgrounds that span numerical physics, enterprise AI and advanced engineering, including in Formula One. For the past three years, the team has worked with some of the world’s largest and most sophisticated engineering and manufacturing organisations on their most critical engineering challenges.
‘Engineering-design processes were transformed by numerical simulation and the availability of high-performance computer infrastructure,’ said Robin Tuluie, founder and co-CEO of PhysicsX. ‘The move from numerical simulation to deep learning represents a similar leap and will unlock new levels of product performance and ways of practicing engineering itself. PhysicsX exists to help pioneer and enable that transformation, giving engineers and manufacturers superpowers in bringing new technologies to the real world.’
‘Our customers are designing the most important technologies of our time, including wind turbines, aircraft engines, electric vehicles, semiconductors, metals and biofuels,’ said Jacomo Corbo, co-founder and co-CEO PhysicsX. ‘They are exceeding the limits of today’s computer-aided engineering tooling, which is the basis for our own collaboration with them and is the starting point for the problems we set our technology against. We’re delighted that this financing will enable us to partner more deeply with our customers to enable breakthrough engineering.’