While there are several competitors in the fray to provide internet access to underserved areas, SoftBank and Alphabet opine collaboration could be the key to their solution gaining wider traction and broader adoption. In a significant development, SoftBank Corp stated, it will be investing $125 million in one of Alphabet Inc’s spinoff working to find…
The project will also see the participation of South Korea’s OCI and China’s Longi. As per a statement from a Saudi official, Saudi Arabia plans on developing a $2 billion solar and carbon black integrated complex in partnership with South Korea’s OCI and China’s Longi. A feasibility study for the carbon black and solar project…
All 3 Chinese startups will base themselves on Nvidia’s Xavier platform which will allow them to add specific software to adapt their vehicles to local traffic and infrastructure situations. On Wednesday, U.S. chipmaker Nvidia Corp’s CEO Jensen Huang stated, the chipmaker has signed separate deals with 3 Chinese electric vehicle startups, SF Motors, XPeng Motors…
The alliance is weighing its options of extending their collaboration in various technologies including, autonomous vehicles, advanced batteries and mobility services. On Wednesday, Renault-Nissan and Daimler stated, they could possibly expand their cooperation to include autonomous cars, battery technology and mobility services. “The industry being in transformation in the area of connectivity, autonomous cars and…
The development marks a signs of thaw in what has been earlier a strained relationship. With Dara Khosrowshahi at its helm, Uber’s rough edges are getting more polish. In a development that marks the possibility of thaw in what was earlier a strained relationship, Uber’s CEO Dara Khosrowshahi stated, Uber Technologies Inc is in talks…
3D printed parts are likely to be a game changer for the auto industry. In GM’s case, the adoption of AI to make parts has resulted in creating a part which is 40% lighter and 20% stronger and has significant drop in the number of components required for the part to function. Its a giant…
The development comes in the wake of Geely, BAIC’s rival, seeking to tap Daimler’s technologies in the area of self-driving technology, battery technology and automated, autonomous vehicles. On Thursday, Stuttgart, Germany, headquartered Daimler AG stated it would deepen its collaboration with China’s BAIC Group in the area of new energy vehicles. Daimler stated it has…
Areas of convergence that have been identified by the trio include engineering, manufacturing, purchasing and supply chains. On Thursday, the Renault-Nissan-Mitsubishi alliance stated it would boost the speed of convergence of technologies between the trio as they collaborate on key areas as part of a bigger, broader strategy to boost profits and lower costs. The…
Companies across the global are pushing the advance of AI-based deep learning for facial recognition technology. The multi-billion dollar industry is seeing rapid adoption by China as it tries to enforce a rigid framework on its citizens much like its firewall which limits its citizens’ usage of the internet. On Wednesday, the SenseTime Group, a…
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