Articles Tagged with "AI"

China smart location service startup Wayz.ai raises $80 million in Series A round
China smart location service startup Wayz.ai raises $80 million in Series A round

Wayz.ai, a Chinese smart location and mapping service startup announced that it has raised nearly $80 million in the Series A funding round, which was invested by BlueRun Ventures and Lightspeed China Partners, etc.

Jul. 26 , 2018
Baidu, Daimler ink agreement to cement cooperation in autonomous driving, vehicle connectivity
Baidu, Daimler ink agreement to cement cooperation in autonomous driving, vehicle connectivity

Chinese Internet titan Baidu and German automaker giant Daimler AG signed an agreement to deepen strategic cooperation in autonomous driving and connectivity domains.

Jul. 25 , 2018
SAIC-Audi to sell cars without 4S stores, but market cars online
SAIC-Audi to sell cars without 4S stores, but market cars online

SAIC Volkswagen Automobile Co., Ltd. confirmed to set up Audi brand division, which will be led by Jia Mingdi, executive vice general manager of sales and market of SAIC-VW and general manager of SAIC Volkswagen Sales Co., Ltd.

Jul. 25 , 2018
Great Wall Motor predicts to gain 52% net profit surge to RMB 3.7 billion in H1
Great Wall Motor predicts to gain 52% net profit surge to RMB 3.7 billion in H1

Great Wall Motor (GWM) is expected to gain revenue of RMB 48.678 billion in the first half of 2018, jumping 17.99% from a year ago. Its net profit will reach RMB 3.7 billion, soaring 52.35% over the previous year.

Jul. 18 , 2018
Xilinx announces acquisition of China AI chip startup DeePhi Tech
Xilinx announces acquisition of China AI chip startup DeePhi Tech

Xilinx, the global leader in adaptive and intelligent computing, announced on July 18 that it has acquired DeePhi Technology Co., Ltd (DeePhi Tech), a Beijing-based startup with industry-leading capabilities in machine learning.

Jul. 18 , 2018
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance

On July 17, CATL announced that considering the long-term strategic partnership between CATL and BMW Brilliance, CATL signed a strategic cooperation agreement with BMW Brilliance and will further deepen cooperation with the joint venture.

Jul. 17 , 2018