AI Technology & Industry Review
AI highlights.
The magnetic fusion energy reactor Experimental Advanced Superconducting Tokamak (EAST), known as the “artificial sun”, at the Hefei Institute of Material Science of Chinese Academy of Sciences, set a new world record.
On May 26, OpenAI unveiled a new $100 million startup fund called the “OpenAI Startup Fund”, focusing on early-stage startupsContinue Reading
On May 25, Tesla announced that it will abandon LiDARs and roll out camera-only Autopilot assisted driving system called “Tesla Vision” in its North American Model 3 and Model Y vehicles starting in June.
On May 21, leading IoT cloud platform Tuya Smart hosted a panel to discuss resilience and innovation for the IoT industry in North America during COVID-19 outbreak.
Industry report unveiled that Waymo, the self-driving arm of Google, is seeking a USD 4 billion investment from external investors to fuel its autonomous vehicle business.
On May 20, Zhang Yiming, the founder of ByteDance and owner of TikTok since 2012, issued an internal letter to all employees announcing his resignation as CEO.
According to reports on May 17, Volkswagen said it will suspend production at its Chattanooga plant for two weeks beginning on June 7.
On May 11, China’s Ministry of Industry and Information Technology (MIIT) unveiled the six pilot cities for smart city infrastructure and smart vehicle networks, including Beijing, Shanghai, Wuhan, Changsha and Wuxi.
On May 13, autonomous vehicle startup Pony.ai announced the expansion of its Robotaxi service in Beijing.
On May 13th, South Korea announced an ambitious plan to invest USD 451 billion into the country’s semiconductor industry over the next nine years.
Waymo, the self-driving subsidiary of Alphabet Inc, confirmed today that company chief financial officer Ger Dwyer is leaving, accompanied by Adam Frost, head of automotive partnerships and corporate development.
On April 21, the European Commission proposed its first comprehensive legal framework on AI, in effort to “address the risks of AI and position Europe to play a leading role globally”.
On April 19, Google Cloud and Siemens announced new cooperation to optimize factory processes and improve productivity on the shop floor. Siemens intends to integrate Google Cloud’s leading data cloud and artificial intelligence/machine learning (AI/ML) technologies with its factory automation solutions.
According to Chinese media report on April 19, there have been at least 21 AI chips investments involving 17 companies since the beginning of 2021, totaling approx. RMB 20 billion (USD 3.1 billion).
On April 15, self-driving truck company TuSimple raised USD 1.35 billion with its NASDAQ IPO, with company valuation hitting USD 8.5 billion at high point.
On April 12, Microsoft Corp announced the acquisition of Nuance for USD 19.7 billion, which is the largest acquisition after its LinkedIn deal for USD 26 billion in 2016.
On April 12, the Swiss National Supercomputing Centre (CSCS), Hewlett Packard Enterprise (HPE) and NVIDIA announced that they are creating what is expected to be the world’s most powerful AI-capable supercomputer.
According to the Shenzhen Robotics Industry Development White Paper released on April 9, the total output value of Shenzhen’s robotics industry was RMB 143.4 billion (USD 22 billion approx.)
On April 8, Chinese robotics startup CloudMinds finished series B+ round of funding with RMB 1 Billion (approx. USD 150 million) investment led by SOEs Shanghai Urban Construction Investment and Shanghai Guosheng Group.
On April 7, media reports show that China’s top-tier electric vehicle manufacturer, XPeng or Xiaopeng Motors, has commenced R&D for owned self-driving chips.
Xiaomi, the Chinese electronics giant with a valuation over RMB 100 billion, has announced its entrance into the electric cars market on March 30th.
A team from Facebook and Google has proposed LazyTensor — a technique for targeting domain-specific compilers without sacrificing define-by-run ergonomics.
Scania, the Swedish manufacturer of heavy lorries, trucks and buses, is testing L4 level self-driving trucks on the E4 motorway between Södertälje and Jönköping, in collaboration with San Diego-based company TuSimple.
On February 25, the Shanghai Government announced its Implementation Plan for Accelerating the Development of the New Energy Automobile Industry (2021-2025).
According to multiple investment institutions, the global chip shortage shows no signs of alleviation, despite of increasing demand in 2021.
Farmers Edge Inc, an AI startup to help growers increase crop yields, plans to go public on Canada’s largest Toronto Stock Exchange under the ticker symbol “FDGE”.
At the Mobile World Congress held in Shanghai on February 28, Telecommunications company Ericsson revealed numbers for the fast-paced development of 5G networks.
TuSimple has submitted listing documents and plans to list in the United States as early as next month.
Quicktron completed a new C+ financing round led by KION Group and Prosperity7 Ventures, and proceeds will be used for global market expansion and further technical development.
On February 3, Japanese automotive manufacturer Toyota has began to construct a high-tech city at the base of Mount Fuji.
South Korea’s Customs Service has partnered with the government-funded Institute for Basic Science (IBS) to conduct joint research on AI technology using customs trade data.
Dell Technologies has opened a new innovation facility in Singapore, to focus on R&D for edge computing, data analytics and augmented reality.
On February 18, Baidu released the 2020 full year and Q4 financial report, presenting revenue of RMB 107.1 Billion, and its net profit of RMB 22 billion.
On February 19, Beijing-based AI startup Unisound has decided halted its IPO application to the Shanghai Stalk Exchange.
On February 22, Chinese state-owned automotive company SAIC Motor announced that it has forged a comprehensive strategic cooperation with Horizon Robotics, an AI smart chip unicorn.
Torc Robotics has selected Amazon Cloud Services (AWS) as its cloud service provider to meet large-scale data transmission, storage and computing speed requirements.
Huawei and Mercedes-Benz S-Class are cooperating to provide car owners with the HMS for Car Huawei smart vehicle solution.
Apple has laid out the design characteristics of a new generic system that enables federated evaluation and tuning (FE&T) systems on end-user devices.
British consulting firm L.E.K. has released a recent research report stating that as unmanned technology and network scale greatly reduce costs, by 2040, drones may account for as much as 30 percent of same-day parcel deliveries.
On February 16, Goldman Sachs announced that it is launching an automated wealth management platform to invest client funds in a portfolio of stocks and bonds.