Samsung Announces $17bn Investment for Texas Semiconductor Manufacturing Facility
On November 23, Samsung Electronics announced the company is investing $17 billion to build a new semiconductor manufacturing facility in Taylor, Texas.
Category: News
Google’s Pet Portraits Will Find Art Doubles for Your Pets
Google recently has launched an adorable new feature for its Arts and Culture app named Pet Portraits that can compare your pet photo to artworks from museums worldwide and find their art doubles.
Self-Driving Truck Startup Kodiak Raises $125 Million in Series B Round
On November 11, self-driving truck startup Kodiak announced that it had raised $125 million in an oversubscribed Series B round for a total of $165 million raised to date.
Clearview AI Ordered to Destroy All Facial Recognition Data Collected From Australia
On November 3, facial recognition company Clearview AI was ordered to destroy all existing images and templates the company collected from Australia and to cease collecting facial images and biometric templates from individuals in Australia.
530 Billion Parameters! Microsoft and NVIDIA Trained the Largest Generative Language Model
On October 11, Microsoft introduced the largest and “the most powerful monolithic transformer language model” trained to date, a 530 billion parameter GPT-3-style generative language model.
Scania and TuSimple Pilot Self-Driving Trucks in Sweden
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.
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).
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”.
Swedish Telecom Giant Ericsson: 5G Users are Expected to Reach 3.5 Billion in 2026
At the Mobile World Congress held in Shanghai on February 28, Telecommunications company Ericsson revealed numbers for the fast-paced development of 5G networks.
Self-Driving Truck Unicorn TuSimple Eyes Upcoming IPO Possibilities in the United States
TuSimple has submitted listing documents and plans to list in the United States as early as next month.
Toyota Constructs Smart City at the Foot of Mount Fuji
On February 3, Japanese automotive manufacturer Toyota has began to construct a high-tech city at the base of Mount Fuji.
South Korea Customs Service and IBS Delve into AI Analysis for Cross-Border Trade
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 Opens Global Innovation Facility in Singapore, the First Outside US
Dell Technologies has opened a new innovation facility in Singapore, to focus on R&D for edge computing, data analytics and augmented reality.
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.
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Daimler Subsidiary Torc Robotics Adopts Amazon Cloud to Develop Autonomous Driving
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’s HMS for Car Partners with Mercedes Benz
Huawei and Mercedes-Benz S-Class are cooperating to provide car owners with the HMS for Car Huawei smart vehicle solution.
L.E.K. Consulting: Drones to Account for 30% of Deliveries by 2040
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.
Goldman Sachs Launches Marcus Invest Robo-Adviser
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.
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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.
AAAI 2021 Best Papers Announced
The Thirty-Fifth AAAI Conference on Artificial Intelligence (AAAI-21) kicked off today as a virtual conference. The organizing committee announced the Best Paper Awards and Runners Up during this morning’s opening ceremony.
Chinese AI Firm 4Paradigm Raises $700M for Series D
On January 22, Beijing-based AI firm 4Paradigm announced USD 700 million series D investments from Boyu Capital, Primavera Capital and Hopu Investments.
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.
Tsinghua AI Report: China Applied for 389,571 AI Patents in the Past Ten Years
Analyzing papers and patent data collected from top AI journals and conferences, 44 in total from 2011 to 2020, Tsinghua University’s new AI development report revealed new statistical insights.
IBM Closes China Research Laboratory
IBM has closed off its Beijing-based China Research Laboratory (CRL) after 25 years of operation.
CHI 2021 | ‘AI as Play’ Challenges the Productivity-Based Human-AI Interaction Paradigm
Researchers from Drexel University, Northeastern University and IT University Copenhagen explore how humans interact with AI in such contexts, with a focus on computer games.
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.
McGill Researchers Use AI to Manage Extreme Weather Events
On January 18, in efforts to understand and manage extreme weather events, McGill University announced a new interdisciplinary project to combine deep learning (DL) with social network analysis (SNA).
‘Papers-With-Video’ Browser Extension Adds Video Access to arXiv
A Nepalese machine learning (ML) researcher has introduced a handy browser extension that lets users directly access videos related to research papers published on the popular preprint platform arXiv.
Trump Administration Cuts Off Licenses for Huawei Chips Suppliers Including Intel
According to a report from Reuters, the Trump administration has notified Intel among others, that their supplier licenses to Chinese telecommunication giant Huawei have been revoked.
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.
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.
Singapore Tops in AI Investment as Input Gaps Between ASEAN Countries Widen
Singapore is the number one among ASEAN countries to invest in AI, with $68 worth of AI investment per capita last year.
Usama Fayyad Appointed Head of Northeastern University’s Institute of Experiential Artificial Intelligence
Northeastern University’s Institute of Experiential Artificial Intelligence appointed AI guru and entrepreneur Usama Fayyad as the new executive director.
Beijing to Build the World’s First High-Level Autonomous Driving Demonstration Zone
On September 11, city official stated that Beijing plans to build the world’s first high-level autonomous driving demonstration zone, whichContinue Reading
NVIDIA Pockets ARM for $40 Billion Unveiling the Biggest Chip Company M&A
On September 13th, NVIDIA announced the acquisition of UK-based semiconductor startup ARM for US$40 billion, unveiling the largest acquisition dealContinue Reading
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.