Effects of artificial intelligence will surpass the industrial revolution, says SoftBank CEO

The chief executive of telecommunications giant SoftBank says the effects of artificial intelligence will take the world much further and have a more profound effect than even the industrial revolution. 

An old picture of Masayoshi Son, courtesy of Wikipedia

In an article accompanying a special edition of the CBS news magazine 60 Minutes, SoftBank CEO Masayoshi Son was quoted as saying the new “information revolution” is being partly driven by data collected through billions of sensors.

SoftBank has been buying up a variety of AI and robotics startups, most recently a company called Nauto, which is developing systems for driverless cars.

At the root of the technology, Son says, are microprocessors and microcontrollers. “Those who rule chips will rule the entire world,” he said. “Those who rule data will rule the entire world. That’s what people of the future will say.”

Nvidia developing self-driving technology with truckmaker Paccar

Nvidia is working with Paccar, a truck manufacturer, on developing solutions for autonomous vehicles. 

The collaboration was shared by Nvidia founder and CEO Jen-Hsun Huang during his keynote at the Bosch Connected World conference in Berlin.

Separately, he provided details of Nvidia’s partnership with Bosch, the world’s largest automotive supplier, on self-driving car technology.

“This is probably the largest single mass of a product that we’ve helped make,” said Huang, addressing a crowd of more than 2,000 executives, developers and others attending the event.  Continue reading Nvidia developing self-driving technology with truckmaker Paccar

US President Donald Trump pressures automakers to increase production in the US

Donald Trump and Mary Barra
Trump pulls out a chair for GM CEO Mary Barra as he hosts a meeting with US auto industry CEOs at the White House, on January 24, 2017. Reuters / Kevin Lamarque

By David Shepardson and Roberta Rampton, Reuters

US President Donald Trump pushed the chief executives of General Motors, Ford, and Fiat Chrysler to increase production in the United States and boost American employment.

Trump opened a meeting with GM CEO Mary Barra, Ford CEO Mark Fields and Fiat Chrysler CEO Sergio Marchionne at the White House by saying he wants to see new auto plants built in the United States.

The new Republican president vowed to cut regulations and taxes to make it more attractive for businesses to operate in the United States. He promised frequently during his election campaign to be a job-creating president and stressed that message in his inaugural speech last Friday.  Continue reading US President Donald Trump pressures automakers to increase production in the US

ATS wins $100m automation deal

ATS Automation Tooling Systems building
ATS Automation Tooling Systems building

ATS Automation Tooling Systems has received an enterprise order from a company which it would only describe as “a North American-based customer that is a global leader in its market”.

ATS adds that it has provided core manufacturing solutions to the customer for a number of years.

The “Order Booking” is valued at approximately $100 million and involves delivery and installation of systems at several locations that will enable the customer to roll out a new global product. Continue reading ATS wins $100m automation deal