Found in Robotics News & Content, with a score of 22.26
August 17, 2022
…of 120.52% between 2020 and 2025. EqualOcean forecast growth to $52.3 billion in China alone by 2030. In April, Baidu Inc. and Pony.ai also said they had received permission to operate autonomous robotaxis in Beijing, but safety drivers are still required. In July, Baidu announced the Apollo RT6, an electric, production-ready model with a detachable steering wheel. Last week, the company said it had obtained the first permits for fully driverless ride-hailing services.
Found in Robotics News & Content, with a score of 61.38
July 18, 2022
AI company Baidu Inc. will virtually host its annual flagship technology conference Baidu World on July 21. The conference will center on the theme of “Deepening AI innovation for social growth” and explore the possibilities of AI across various fields. The Beijing-based company will discuss its latest developments in autonomous driving, AI Cloud, large-scale AI models, and more. Baidu to announce major advance in autonomous driving As the mass-production unit price of autonomous cars continues to decrease, robotaxi service is poised to begin large-scale deployment, the company argued. In June 2021, Baidu released its fifth generation robotaxi Apollo Moon, bringing…
Found in Robotics News & Content, with a score of 55.97
February 22, 2022
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 launching in 2023. Apollo Go makes orbit in major Chinese cities Shenzhen is the seventh city where Baidu has introduced…
Found in Robotics News & Content, with a score of 42.57
January 31, 2022
…increasingly autonomous 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 has been developing an autonomous minibus, advanced driver-assistance systems (ADAS), and robotic taxicabs. The Apollo Go robotaxi service…
Found in Robotics News & Content, with a score of 8.89
January 18, 2022
…Before founding 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 for interoperability and using human language to tell robots what to do, we're excited by the prospect, and…
Found in Robotics News & Content, with a score of 17.81
August 27, 2021
…and technical challenges with dynamic urban environments are challenges for developers. It also said that industry leaders include AutoX, Baidu, Cruise, Tesla, and Waymo.
Found in Robotics News & Content, with a score of 25.54
June 08, 2021
…Citic Private 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 head of software and hardware technology at Hillhouse Ventures. “With deep technical accumulation and years of deep cultivation,…
Found in Robotics News & Content, with a score of 14.05
May 11, 2021
…The sensor 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 Banyan Capital. The Series B round brings Innovusion’s total funding to over $100 million. “As a Silicon Valley…
Found in Robotics News & Content, with a score of 12.38
May 06, 2021
…making it 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 years of research and engineering experience in computer vision, autonomous driving, and robotics. He has degrees from the…
Found in Robotics News & Content, with a score of 41.75
August 27, 2020
…software framework 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 Internet of Things (IIoT) connectivity solution provider, RTI provides key solutions to enhance the robustness and stability for…
Found in Robotics News & Content, with a score of 11.10
October 09, 2019
…industrial manufacturing. 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 sector in the region, are less incentivized to follow the government guidance in adopting AI and automated operations.…
Found in Robotics News & Content, with a score of 6.25
July 31, 2017
…of combined 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 which are less congested and less sinuous than city ones. The driver may remain in the vehicle, but…
