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Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines

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AI Innovations in Manufacturing: Startup Secures $75M for Machine Monitoring

This chapter explores a startup's recent funding round aimed at advancing AI technology for diagnosing machine malfunctions in manufacturing. With a focus on monitoring performance and predicting maintenance needs, the company is set to leverage its existing customer base for significant growth.

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