Shanghai’s 2025 Ambition to Be the New Energy and Self-Driving Vehicles Hub
On February 25, the Shanghai Government announced its Implementation Plan for Accelerating the Development of the New Energy Automobile Industry (2021-2025).
Category: Industrial AI
JPMorgan Chase: Global Chip Demand is 10-30 Percent Higher Than Production Capacity
According to multiple investment institutions, the global chip shortage shows no signs of alleviation, despite of increasing demand in 2021.
Canadian Agritech Startup Farmers Edge Inc. Files IPO to Raise CAD 100 Million
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”.
Quicktron Accelerates Global Expansion After C Round Financing as Human Touch-Free Approach Gains Traction in Logistics
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.
Baidu’s Revenue Hits RMB 100 Billion in 2020, Driven by AI Transitions
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.
Chinese AI Voice Recognition Star Unisound Withdraws IPO Request Three Months After Application
On February 19, Beijing-based AI startup Unisound has decided halted its IPO application to the Shanghai Stalk Exchange.
SAIC Joins Hand With Horizon Robotics for Autopilot Chips
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.
Apple Reveals Design of Its On-Device ML System for Federated Evaluation and Tuning
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.
AI Asia China Chinese AI Talent in US Emerging Company Global News Industrial AI Industry Smart Living
Chinese AI Chip Maker Horizon Robotics Bags USD 9M for Series C
According to statement on February 12, Chinese AI chip unicorn Horizon Robotics announces a third time series C financing.
Swiss Fragrance Giant Givaudan Acquires French AI Startup Myrissi
As part of the long-term strategy to “expand AI capabilities”, Swiss flavours and fragrance giant Givaudan announced that it will acquire the French company Myrissi.
Japan: Harvesting Robots to Help Aging Farmers and Shortage of Labor
Recent footage shows agricultural robot co-developed by National Research Institute Agricultural Research Organization, Ritsumeikan University, and automobile parts manufacturer Denso harvesting apples in Japan’s orchards.
South Korea’s Gwangju City Applies AI to City Governance
According to reports on January 20, South Korea’s Gwangju is adopting integrated AI technology to help with city governance.
Kenyan-Developed APP Utilizes ML to Predicate the Migration and Breeding of Locusts
Kuzi is using satellite data, soil sensor data, ground meteorological observation and machine learning technology trained on predict the locusts’ breeding, appearance and migration routes.
2020 in Review With Tatsuya Nagata
Synced has invited Mr. Tatsuya Nagata, the COO of Navier Inc., to share his insights about the current development and future trends of artificial intelligence.
2020 in Review: 10 AI Failures
This is the fourth Synced year-end compilation of “Artificial Intelligence Failures.” Our aim is not to shame nor downplay AI research, but to look at where and how it has gone awry with the hope that we can create better AI systems in the future.
2020 in Review: 10 AI-Powered Tools Tackling COVID-19
As part of our year-end series, Synced highlights 10 AI-powered efforts that contributed to the fight against COVID-19 in 2020.
IPU Maker Graphcore Raises USD222 Million in Series E Funding Round
Graphcore has announced that it has raised USD 222 million in a Series E funding round that will boost company value to USD 2.77 billion.
Singapore Coffee Shop Builds a Robot Barista With Intel AI
At Crown Coffee, a small-yet-homey coffee bar in downtown Singapore, the autonomous robot barista “Ella” never gets your order wrong.
AI “Sounce” is the Noise Detector to Porsche Cars
Porsche Digital, the subsidiary of the Stuttgart-based sports car manufacturer, has unveiled digital assistant ‘Sounce’ offers an improved ability to detect noise – for example, during vehicle component tests.
China Drafts 14th Five-Year Digital Economy Plan; AI Industry Scale in 1H 2020 Reach USD 11.7 Billion
China is accelerating the preparation of the “14th Five-Year” digital economy plan, which will be the country’s first designated plan for the digital economy.
IEEE: AI, ML, 5G and IoT will be the Most Important Technologies in 2021
Recent IEEE study released the results of a survey of Chief Information Officers and Chief Technology Officers in the U.S., U.K., China, India and Brazil.
ABB Shanghai Future Robot Factory to Open December Next Year with Production Capacity Reaching 100k Units
ABB announced an investment of RMB 1 billion to build a new robot super factory in Shanghai, which began construction in 2019.
AI Patent Application Exceeds 30,000 and 180 Universities Add AI Majors in China Last Year
Among the top 100 highly cited AI papers in the past five years, China’s output accounted for 21 and rank second globally.
China’s Automatic Agricultural Equipment and System Sales Increased By 213% YoY in 1H 2020
From January to June 2020, China sold more than 11,700 sets of automatic agricultural machinery and systems, a year-on-year increase of 213 percent.
Jenson Huang’s Kitchen Keynote Outlines NVIDIA’s Vision for the ‘Age of AI’
The GTC kicked off with the release of nine Nvidia keynote video with major announcements in data centers, edge AI, collaboration tools and healthcare.
Japan Builders and Tech Companies Ready to Launch Autonomous Ships by 2025
A consortium of 40 Japanese shipbuilders, shipping companies and tech firms have gathered to produce self-navigating shipping vessels.
Counterpoint: Average Global Price of Smartphones Have Risen by 10 Percent; China’s 5G Phone Shipments Have Increased Sharply
In the second quarter of 2020, increase of 5G phone shipments prompted the average selling price of global smartphone market to increase by 10 percent.
AI Is Making Robots More Fun
The market size of physical and interactive social and entertainment robots is expected to hit US$3.7 billion by 2023.
Insilico Releases Pandomics, AI-Powered Platform for Novel Therapeutic Target Discovery
A novel end-to-end AI-hypothesis generation engine that seamlessly interprets OMICS and text-based data for the discovery and analysis of novel therapeutic targets.
Beijing Officials Announce the City’s 5G Users Surpass 5 Million Benchmark
The Beijing Municipal Administration of Communications revealed that the number of 5G users in Beijing exceeded 5 million.
Insilico Medicine announces the launch of AI-powered COVIDomic to support COVID-19 research worldwide
Insilico Medicine announced the launch of a new system for COVID-19 basic and clinical research.
Preferred Networks and Mitsui Establish Joint Venture for Deep Learning-Based Subsurface Structure Analysis
Preferred Networks announced that PFN and Mitsui established a new joint venture Mit-PFN Energy to develop and commercialize a deep learning-based AI solution for subsurface structure analysis.
China’s Service Robot Market Accounts for More Than a Quarter of the Global Market, Expected to Exceed US$4 Billion in 2020
China’s service robot market is accounting for more than a quarter of the global market and is expected to exceed US$4 billion in 2020.
Nvidia Launches GeForce RTX 30 Series GPUs: ‘a Giant Step Into the Future’
Nvidia CEO Jensen Huang today unveiled the company’s new GeForce RTX 30 Series GPUs.
Elon Musk Seeks AI Talents for Video Data Processing Supercomputer “Dojo”
On August 15th, Elon Musk tweeted that Tesla is recruiting AI or chip talents for a neural network training computer project named “Dojo”.
Huawei’s Wuhan Optics R&D Institute is Developing Cheap 100/200m LiDARs Cost Lower than US$100
Huawei’s Wuhan Research Institute has established a LiDAR research team aimed to produce 100m/200m ranging products at the cost of US$500 and lower.
Japan’s Toshiba Invests US$321 Million to Set Up New R&D Centre for AI
Japanese electronics giant Toshiba announced the investment of US$321 million to set up a new AI centre.
China’s Semiconductor Boom: 72 Chip Companies Receive CN ¥26.7 Billion in 2020
According to Chinese media Zhidongxi, from the second quarter of this year to July 23, public record shows 77 semiconductor-related financing activities in China.
Korea | South Korea Introduces AI to Facilitate Post-Car Accident Insurance Claims
South Korea government plans to introduce AI car insurance services next year to speed up post-accident handling.
TuSimple Partners with Navistar to Mass Produce L4 Driverless Trucks by 2024
China’s self-driving truck company TuSimple forges strategic partnership with US truck manufacturer Navistar to jointly develop L4 driverless trucks, striving for mass production by 2024.