It has cited its weaponized drone, SkyStriker designed for long flight hours, unveiled in the recent Paris airshow to rave reviews, as an example of its innovation. So as to maintain its leading edge over its peers, Israeli defense electronics company Elbit Systems Ltd is moving swiftly to innovate as it faces increasing competition from…
Sensor laden drilling operations are going increasingly hi-tech. In the shale oil industry today, tiny sensors are being attached to production gear to harvest data on right about everything: from pumping pressure, rotational speed of drill bits, heat generated by drilling activity, almost every conceivable variable in the drilling operation is being captured. This sensor-laden…
As companies big and small continue to invest in it and develop their expertise, artificial intelligence has a bright future ahead even though it may still be in its nascent stage, says a senior executive at Chinese tech giant Tencent. He was very bullish about A.I. and a big proponent of offering A.I. as a service,…
Lattner’s resignation comes within 6 months of joining the company. In a troubling sign for electric luxury carmaker Tesla Inc, Chris Lattner, the head of its autopilot software, has left the company within six months of joining it. “Chris just wasn’t the right fit for Tesla, and we’ve decided to make a change,” said a…
Samsung – the world’s no. 1 chip manufacturer will not be effected by this crunch. With Apple set to launch its flagship, iPhone 8, later this year, electronics manufacturers across the globe are scrambling to stock up memory chips to keep production lines running. The iPhone 8 threatens to worsen the mismatch between supply and…
This collaborative effort will shift into production gear in 2021. On Tuesday Continental disclosed it would be join the self-driving platform pioneered by Intel, BMW and Mobileye in efforts aimed at integrating the handling of components and software. This integration of hardware and software data has accelerated the pace of development of self-driving vehicles and…
Samsung is well on its way to recapturing the title as the world’s no. 1 smartphone maker. On Tuesday, as per s source familiar with the matter at hand, Samsung Electronics Co Ltd plans on holding a launch event for its next Galaxy Note smartphone in New York City sometime in the second half of…
In order to better shield sensitive technologies seen as vital to U.S. national security, current and former U.S. officials told the media that the United States appears poised to heighten scrutiny of Chinese investment in Silicon Valley. The fields like artificial intelligence and machine learning have increasingly attracted Chinese capital in recent years and therefore…
The new fund will provide funding to both public and private firms for products that have already reached mid-stage Phase II clinical development, providing them with a new source of growth capital. In a move that underscores the wide net Google has cast across industries, the search engine giant has sunk in $300 million in…
The shared ledger technology is going to be a game changer for many industries. Here’s why. In a development that underscores the growing penetration of bitcoin technology, the American International Group Inc (AIG) has partnered with International Business Machines Corp (IBM) to develop a “smart” insurance policy which will use blockchain technology to manage complex…
