Articles Tagged with "AI"

Baidu IDL scientist Xu Wei joins Horizon Robotics as chief scientist of General AI lab
Baidu IDL scientist Xu Wei joins Horizon Robotics as chief scientist of General AI lab

Xu Wei, a prominent scientist of Baidu’s Institute of Deep Learning, announced on July 24 that he has joined Chinese AI startup Horizon Robotics as chief scientist of the General AI lab that will be built in Silicon Valley under Xu’s leadership.

Jul. 24 , 2018
BAIC to stop making fuel-powered vehicles by July 31 in Beijing
BAIC to stop making fuel-powered vehicles by July 31 in Beijing

Xu Heyi, chairman of BAIC Group, disclosed that BAIC Group will fully stop producing traditional fuel-powered vehicles in Beijing by July 31.

Jul. 24 , 2018
Leapmotor, Mydadao join forces to develop tailored smart shared car
Leapmotor, Mydadao join forces to develop tailored smart shared car

Leapmotor and car-sharing operator Mydadao reached a strategic cooperation agreement on July 18 to jointly explore and develop bespoke intelligent shared cars and have in-depth talks on vehicle trusteeship and supporting monetary instrument.

Jul. 19 , 2018
BAIC Group reports profits growth of 17% year on year in H1
BAIC Group reports profits growth of 17% year on year in H1

BAIC Group reported a 9.5% revenue growth and a 17% profit increase in the first half of this year. Moreover, it delivered 1,203,000 vehicles in the first half with an increase of 7.6% from the previous year.

Jul. 16 , 2018
BMW said to be first to lift equity in China’s JV to 75%
BMW said to be first to lift equity in China’s JV to 75%

German media reported that BMW will lift its equity to 75% in its JV in China, which is a significant milestone in auto industry and will also exert great influence on the Chinese auto market.

Jul. 12 , 2018
Pony.ai completes 214 million worth of A round funding, the biggest for China self-driving startups
Pony.ai completes 214 million worth of A round funding, the biggest for China self-driving startups

Pony.ai, a Chinese autonomous driving startup, announced on July 11 that the company has closed a $102 million worth of funding round as the second stage of its A round financing.

Jul. 11 , 2018