Baidu starts mass producing 2nd generation Kunlun AI chips

On Wednesday, Chinese tech giant Baidu said, it has started mass-producing its second-generation Kunlun artificial intelligence (AI) chips, as it races to become a major player in the chip industry with Beijing’s backing. In a statement Baidu said, the second-generation Kunlun AI chips, using 7 nm process technology, produced computational speeds of two-to-three times faster…

Toyota acquires US map and driverless data provider Carmera

On Thursday Toyota Motor Corp’s research arm said, it had acquired US based map and driverless vehicles data provider Carmera. The acquisition underscores Toyota’s push to bulk up its self-driving arsenal as traditional automakers compete with tech giants in the emerging autonomous vehicles sector. The acquisition will provide Toyota access to real-time, high-definition maps and crowdsourced…

Carro is Singapore’s latest unicorn following latest funding round

On Tuesday, Southeast Asian online automotive marketplace Carro said, it has raised $360 million in its latest funding round that was led by SoftBank Vision Fund 2, becoming the region’s latest unicorn. “The valuation for the company is well over a billion dollars,” said Carro, Aaron Tan, the CEO and founder of Singapore-headquartered Carro. Carro…

Japanese companies will collaborate with TSMC to gain chip making edge

In a report, Japan’s Nikkei newspaper said, around 20 Japanese companies, including electronic component maker Ibiden Co, will collaborate with Taiwan Semiconductor Manufacturing Co (TSMC) to develop chip manufacturing technology in Japan. Fifty percent of $337 million (37 billion yen), the cost of the research facility, will be borne by the Japanese government In February,…

Microsoft expands cloud solutions for healthcare customers, acquires Nuance for $16 billion

In a statement Microsoft Corp said, it would acquire artificial intelligence and speech technology firm Nuance Communications Inc for around $16 billion. The development sees Microsoft’s expands in the cloud solutions for healthcare customers. The deal comes in the wake of a 2019 partnership wherein both companies had partnered to automate clinical administrative work including…

Elon Musk’s brain-chip startup shows monkey playing Mind Pong

In a massive breakthrough, Elon Musk’s brain-chip startup Neuralink released video footage showing a monkey playing a simple videogame after getting implants of the new technology. The 3-minute video shows Pager, a male macaque with embedded chips on each side of its brain, playing ‘Mind Pong’ and controlling the paddle by simply thinking about moving…

Google names Black executive Marian Croak to oversea research of AI ethics

Alphabet Inc’s Google has named Marian Croak, a Black executive, to oversee research on responsible artificial intelligence (AI). The development comes midst weeks of internal anger over a firing of a prominent Black scientist. In a statement Google confirmed that Croak will manage 10 teams, including a dozen scientists studying the ethical considerations of automated…

Amazon.com to use Ai-powered video cameras in its branded delivery vans

In a statement Amazon.com said, it will install AI-powered video cameras in its branded delivery vans in order to improve the safety of both drivers and the communities in which it delivers. Recently Amazon has started rolling out camera-based safety technology across its delivery fleet. “This technology will provide drivers real-time alerts to help them…

Autonomous cars to hit the market after 2025: VW CEO Herbert Diess

In an interview, to Germany’s Wirtschaftswoche weekly magazine, Herbert Diess, Volkswagen’s CEO stated the carmaker expects autonomous vehicles to be ready for sale between 2025 and 2030. Improvements in artificial intelligence, as well as improvements in the performance of computer chips are speeding up the development of autonomous vehicles. “It is foreseeable that the systems…