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AI-based traffic management platform NoTraffic has bagged $50 million in Series B funding as it picks up momentum in cities across the U.S.
The Tel Aviv-based startup aims to bring traffic lights into the 21st century. Most traffic intersections run on timers, but the technology exists today for a more sophisticated solution. NoTraffic's combined hardware-software solution turns intersections into smart intersections that can manage traffic flows based on data collected in real time. $NVIDIA Corp(NVDA)$
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