Open Source Strategy Adopted By Amazon’s Alexa To Dominate Voice Assistant Segment In Cars Before Google

Adopting a strategy of open-source software is being followed by Amazon.com Inc. for its voice-based Alexa digital assistant so that car makers and others are able to easily place it in their cars and chose it before Google. A number of speech-recognition technologies are being targeted by Amazon so that a number of in-vehicle apps…

Chinese electric vehicle startup Nio preparing for $2 billion U.S. IPO: Sources

Nio has hired 8 banks for the planned U.S. IPO. According to sources with knowledge of the matter, Nio, a Chinese electric vehicle startup has hired 8 banks, including Goldman Sachs and Morgan Stanley for its planned U.S. stock market listing this year, worth up to $2 billion. The eight banks are, JPMorgan, Goldman Sachs,…