Found in News & Content, with a score of 75.56
Baidu Apollo's ride-hailing service platform, Apollo Go, has launched in Shenzhen's Nanshan District on a trial basis. Beijing-based Baidu Inc. is a software services company that makes the leading Internet search engine in China. It was founded in 2000. Baidu Apollo is the company's autonomous vehicle platform, which it launched in 2017. Last month, JIDU closed $400 million in Series A funding, which the Baidu unit said will help it continue development of a smart car with the goal of…
Found in News & Content, with a score of 57.48
…vehicles. JIDU, the intelligent vehicle division of Baidu Inc., last week announced that it had closed a Series A round of almost $400 million (U.S.). The Beijing-based company plans to use the financing to continue research and development of its Robocar concept with the goal of launching a mass-produced model in 2023. Founded in March 2021, JIDU has been developing autonomous driving and human-machine interaction technology. Founded in 2000, Baidu is a leading artificial intelligence company, and its Apollo unit…
Found in News & Content, with a score of 12.00
…Formic, Farid was a founding partner of Baidu Ventures, a $600 million technology venture capital fund. He also founded Comet Labs, an early-stage artificial intelligence and robotics incubator and investment fund. Across his investment career, Farid has invested and sat on the boards of more than 30 AI and robotics companies. He has observed numerous trends in robotics. “Over time, we're seeing integrators specialize into different verticals, and we're trying to abstract more workforce complexities for factories,” Farid said. “As…
Found in News & Content, with a score of 24.05
…dynamic urban environments are challenges for developers. It also said that industry leaders include AutoX, Baidu, Cruise, Tesla, and Waymo.
Found in News & Content, with a score of 34.48
…Equity (CPE) Funds Management. Other investors included Baidu, Bosch, Huatai International Private Equity Fund, and ON Semiconductor. Baidu and Xiaomi are working with partners on electric vehicles, and Meituan is developing robots for indoor and outdoor deliveries. In addition, existing investors Lightspeed China Partners, Lightspeed Venture Partners, and Qiming Venture partners joined the latest round. “As the core sensor of autonomous driving, lidar directly affects the development speed and level of the autonomous driving industry,” said Huang Liming, partner and…
Found in News & Content, with a score of 18.97
…has been a key building block in Baidu's deployment of Apollo Intelligent Transportation City projects across cities such as Beijing, Changsha, and Cangzhou, according to the company. NIO invests in lidar for ET7 NAD Temasek, BAI Capital, and Joy Capital led Innuvision's Series B funding. Existing investors NIO Capital, Eight Roads Ventures, and F-Prime Capital also participated in the round. In 2018, Nio Capital led Innuvision's $30 million Series A round, with participation from Eight Roads Ventures, F-Prime Capital, and…
Found in News & Content, with a score of 16.72
…the second company in the world (after Baidu's Apollo Go) to do so without a safety driver in the vehicle. “The first 100 days have been a huge step forward for us and for the entire industry in China,” stated Prof. Jianxiong Xiao, founder and CEO of AutoX. “We have learned so much from the feedback from our passengers about how to continuously improve our service to make the driverless journeys a fantastic experience.” Dr. Xiao has more than 10…
Found in News & Content, with a score of 56.37
…provider for smart machines, has joined the Baidu Apollo autonomous driving partner ecosystem. Apollo is Baidu’s open-source full-stack software solution for driverless vehicles. The partner program includes OEMs, Tier 1 suppliers, developer platforms and startups, and was formed “to accelerate the development and adoption of autonomous driving on the Apollo driverless operating platform,” according to the company. In a statement, Wang Yunpeng, Senior Director of the Technology Department of Baidu’s Intelligent Driving Group, said that “as the world’s leading Industrial…
Found in News & Content, with a score of 14.99
…Chinese cloud AI conglomerates such as Alibaba, Baidu, Huawei, and Tencent have all made AI in smart manufacturing a key priority in their business strategy. Manufacturing giant Foxconn even spun out Foxconn Industrial Internet (FII), a company focusing on developing software and building hardware, including precision tools, servers for cloud services, and robots, to accelerate its digitalization effort. However, despite the government’s will to transform the industrial sector, small- and medium-size manufacturers, which represent a significant proportion of the manufacturing…
Found in News & Content, with a score of 8.44
…revenues of Apple, Amazon, Google, Microsoft, IBM, Baidu and then some (a lot) more. It is also a big employer: the US Bureau of Labour Statistics suggests that 1.79m people work in this sector driving 7.2m trucks for inter-city freight transport earning an average salary of 41.3 k$/year. No wonder this is a hot topic now then. Trucking is also potentially an easier target than general passenger cars. This is because it spends much of its time in intercity roads…