Metropolis, which uses AI and computer vision to take frictionless payments in parking lots, raised $1.6 billion in equity and debt at a $5 billion valuation. It is already the largest parking lot ...

Nov 6 (Reuters) - Metropolis Technologies, a U.S. operator of parking lots that uses artificial intelligence and computer vision to recognize vehicles, has raised $1.6 billion in fresh capital to ...

In a world characterized by rapidly shifting technology, it’s difficult to know which advancements are here for the long haul and which are fleeting. It’s even more difficult for companies to ...