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Industries
Energy
AI & Machine Learning
Aerospace
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$31.1M
Headquarters
London, United Kingdom
Founded
N/A
PhysicsX enhances the design and operation of machines in advanced industries using artificial intelligence (AI) and simulation engineering technologies. The company serves clients in renewable energy, healthcare, and transportation, helping them create more efficient designs and processes, such as improving artificial hearts and reducing vehicle emissions. Unlike competitors, PhysicsX offers specialized AI-driven simulations tailored to specific industry needs, generating revenue through project-based work and long-term contracts. The goal is to unlock engineering breakthroughs that positively impact society and the environment.
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Total Funding
$31.1M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Company Equity
Paid Vacation
Parental Leave
Flexible Work Hours
Remote Work Options
PhysicsX has also launched Ai.rplane, a public-access technology demonstrator designed to provide a set of exploratory tools for aerodynamics and aircraft structures.
PLANO, TX, USA, Dec 5, 2024 - Siemens Digital Industries Software announced today its ongoing collaboration with PhysicsX, a startup leveraging generative AI to enable breakthrough engineering in advanced industries.
PhysicsX launches genai for aero engineering, Ai.rplane app for aerostructures.
PhysicsX releases the first Large Geometry Model, LGM-Aero, for aerospace engineering, trained and provisioned on Amazon Web Services (AWS) cloud compute using more than 25 million different shapes. It reduces the time to investigate aerospace concepts from months to hours. Trained and provisioned on AWS, LGM-Aero is a geometry and physics model pre-trained on a corpus of 25+ million meshes representing over 10 billion vertices, enabling dramatic reductions in aircraft concept development time. 'Ai.rplane' is a publicly accessible reference application built on LGM-Aero meant to showcase the power of the model for generating novel aircraft designs and predicting physics associated with aircraft performance, unveiled today at AWS re:Invent 2024 (2-6 Dec, Las Vegas)
Globally, the UK ranks third in terms of the number of AI companies and private capital investment in AI. It accounts for around half of all AI private capital investment in Europe. Every year, hundreds of new AI companies are established in the kingdom, which further contributes to the growth of the industry.The AI sector employs over 50,000 people and contributes more than £3.7B to the UK economy annually. Projections suggest that by 2035, the UK’s AI market’s contribution could rise to over £550B.The UK also hosted the world’s first AI Safety Summit last year. It brought together industry experts, academia, and civil society from the EU and 28 leading AI nations to agree on the Bletchley Declaration–a commitment to mitigate the risks associated with advanced AI.One subset of AI currently making waves is the generative AI. Using machine-learning algorithms to create new content, it does tasks such as content creation, artwork production, code debugging, and many more
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Industries
Energy
AI & Machine Learning
Aerospace
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$31.1M
Headquarters
London, United Kingdom
Founded
N/A
Find jobs on Simplify and start your career today