Articles Tagged with "AI"

Geely denies using money from state-owned asset on Daimler stake acquisition
Geely denies using money from state-owned asset on Daimler stake acquisition

Yang Xueliang, vice president of Geely Automobile Group, restated that the Hangzhou-based company didn’t use domestic funds to acquire Daimler’s stakes as a response to the speculations on the fund sources.

Feb. 28 , 2018
Baidu’s former autonomous driving chief Wang Jing said to leave his own startup
Baidu’s former autonomous driving chief Wang Jing said to leave his own startup

On February 26, local media reported that Wang Jing, the founder and CEO of China’s autonomous driving startup JingChi, has already left the company he set up. The media guessed that Wang Jing’s leaving may be concerned with Baidu's lawsuit.

Feb. 27 , 2018
Former Baidu vice president's startup Kuandeng completes RMB 100 million series A financing
Former Baidu vice president's startup Kuandeng completes RMB 100 million series A financing

Recently, Kuandeng, a China’s high definition map (HD map) startup, announced that the company has closed a series A capital round of hundreds of million RMB, which was led by IDG Capital and followed by Chengwei Capital and LanTing Capital.

Feb. 27 , 2018
AIWAYS, DeepBlue sign cooperation agreement to co-develop intelligent vehicle
AIWAYS, DeepBlue sign cooperation agreement to co-develop intelligent vehicle

Recently, AIWAYS, a China’s intelligent EV startup, and DeepBlue Technology (DeepBlue), a shanghai-based AI technology provider, officially signed a strategic cooperation agreement in Shanghai to jointly develop intelligent vehicle technologies.

Feb. 26 , 2018
Geely, not Li Shufu, to be largest shareholder of Daimler
Geely, not Li Shufu, to be largest shareholder of Daimler

Geely Group Co., Ltd, owned by Li Shufu, announced that it has become the largest shareholder of the German group after the closing of the deal. The Chinese company promised to hold Daimler’s shares for long term.

Feb. 24 , 2018
BAIC BJEV vice general manager becomes president of EV startup Hozon Auto
BAIC BJEV vice general manager becomes president of EV startup Hozon Auto

After the Spring Festival, former vice general manager of BAIC BJEV Zhang Yong has officially joined Zhejiang Hozon New Energy Automobile Co., Ltd (Hozon Auto) as president, taking charge of the production and operation business of the new company.

Feb. 24 , 2018