Photo: Smith Collection/Gado/Getty Images

An AI company with energy applications is emerging from stealth mode with $10 million from backers including VC arms of Chevron and the Malaysian oil giant Petronas.

Driving the news: Worlds, a spatial AI company being spun out of the firm Hypergiant Sensory Sciences, announced the Series A funding led by Align Capital.

  • The company's technology "combines deep learning and IoT inside of a 4D environment to give organizations the ability to observe their organization’s physical space and then, analyze and learn from their physical surroundings," the announcement states.

The intrigue: It's the first disclosed investment from San Francisco-based Piva, the recently launched VC firm that's a Petronas subsidiary but is structured to operate independently from the Malaysian company.

What they're saying: Piva CEO Ricardo Angel, in a new blog post, said companies like Worlds can play a "critical part" in the energy sector's future.

  • "We’re seeing many corporations in verticals such as oil and gas, manufacturing and logistics, investing in hardware solutions often generating too much data without getting valuable insights," he writes, making the case that companies like Worlds can help make sense of it.

Go deeper: $250 million venture capital firm Piva targets the energy industry

Go deeper

13 hours ago - Health

15 states broke single-day coronavirus records this week

Data: Compiled from state health departments by Axios; Map: Danielle Alberti/Axios

At least 15 states broke their single-day novel coronavirus infection records this week, according to state health department data reviewed by Axios.

The big picture: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Andrew Withershoop and Caitlin Owens report.

Updated 13 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 11,143,945 — Total deaths: 527,681 — Total recoveries — 6,004,593Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 2,818,588 — Total deaths: 129,584 — Total recoveries: 883,561 — Total tested: 34,213,497Map.
  3. States: Photos of America's pandemic July 4 ICU beds in Arizona's hot spot reach near capacity.
  4. Public health: U.S. coronavirus infections hit record highs for 3 straight days.
  5. Politics: Trump extends PPP application deadlineKimberly Guilfoyle tests positive.
  6. World: Mexican leaders call for tighter border control as infections rise in U.S.
  7. Sports: 31 MLB players test positive as workouts resume.
  8. 1 📽 thing: Drive-in movie theaters are making a comeback.
13 hours ago - Health

In photos: America celebrates July 4 during global pandemic

Photo: Francine Orr/Los Angeles Times/Getty Images

The U.S. has already celebrated Easter, graduations and so much more during the coronavirus pandemic, and now it can add July 4 to the list.

The state of play: Axios' Stef Kight writes public parades and fireworks displays around much of the country are being canceled to prevent mass gatherings where the virus could spread. Hot-dog contests and concerts will play to empty stands and virtual audiences — all while American pride treads an all-time low.