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Top 25 AI chip companies: A macro step change inferred from the micro scale

One of the effects of the ongoing trade war between the US and China is likely to be the accelerated development of what are being called “artificial intelligence chips”, or AI chips for short, also sometimes referred to as AI accelerators.

AI chips could play a critical role in economic growth going forward because they will inevitably feature in cars, which are becoming increasingly autonomous; smart homes, where electronic devices are becoming more intelligent; robotics, obviously; and many other technologies.

AI chips, as the term suggests, refers to a new generation of microprocessors which are specifically designed to process artificial intelligence tasks faster, using less power. [Read more…] about Top 25 AI chip companies: A macro step change inferred from the micro scale

The 5 Best AI Companies to Consider in 2019

Artificial intelligence is without a doubt the future of the tech industry.

It is a transformative technology whose positive impact has been felt across all sectors ranging from health care, advertisement, retail video gaming, and urban development.

Almost every aspect of our contemporary life has been touched either directly or indirectly by AI and the stock market is no exception.

The purpose of this article is to help choose the best AI Company for your business.

Here is a list of 5 companies to consider in 2019. [Read more…] about The 5 Best AI Companies to Consider in 2019

Udelv unveils new autonomous delivery van and agrees ‘major contracts’ with Walmart, Baidu and others

Udelv has unveiled the latest version of its autonomous delivery van at the ongoing Consumer Electronics Show.

The company also announced what it described as “major contracts” with US supermarket giant Walmart and Baidu, which is like the Google of China.

Udelv’s autonomous delivery van says the latest model of its self-driving delivery vans feature “new state-of-the-art technology”. [Read more…] about Udelv unveils new autonomous delivery van and agrees ‘major contracts’ with Walmart, Baidu and others

BMW Group and Baidu join forces on autonomous driving in China

Baidu, Inc. and the BMW Group today announced they have signed a Memorandum of Understanding (MoU), under which the BMW Group will join Apollo, the open autonomous driving platform by Baidu, as a board member.

The partnership was made official during Chinese Premier Li Keqiang’s visit to Germany on July 10th to meet with German Chancellor Angela Merkel.

The MoU marks the beginning of a new partnership on autonomous driving between the BMW Group and Baidu. The two companies seek to work together to bring safe, convenient and intelligent mobility experiences for consumers in China.

Hyundai Motor agrees partnership with AI startup and signs deal with Baidu on driverless tech

Hyundai Motor has agreed a new partnership with Chinese startup DeepGlint, which provides artificial intelligence products and solutions for the security and transportation market.

Hyundai says the DeepGlint partnership will enable it to utilize AI technology in multiple layers of its business and improve product quality as well as customer experience.

Hyundai has also signed a separate deal with Baidu to jointly develop autonomous driving technology. [Read more…] about Hyundai Motor agrees partnership with AI startup and signs deal with Baidu on driverless tech

Infineon partners with Baidu on Apollo program for autonomous driving development

Infineon Technologies and Baidu have announced at the Consumer Electronics Show (CES) in Las Vegas that Infineon is joining the Apollo Program of Baidu.

Based on Baidu’s ability in AI and autonomous driving, as well as Infineon’s advantage in automotive electronics hardware platforms, both parties will cooperate in depth to promote rapid development of autonomous driving technology to improve people’s intelligent life.

Marking an important fusion of Infineon’s automotive electronics ecosystem and the Apollo automotive ecosystem built by Baidu, the cooperation will create more opportunities for both parties’ partners to join hands to promote the progress of the intelligent automotive industry. [Read more…] about Infineon partners with Baidu on Apollo program for autonomous driving development

Chinese search giant Baidu launches $1.5 billion fund for autonomous car tech

Baidu – China’s equivalent of Google – has launched a $1.5 billion fund for autonomous car technology.

The company’s newly established Apollo Fund will invest in 100 autonomous driving projects in the next three years.

Meanwhile, Baidu has unveiled the latest iteration of its Apollo open-source autonomous driving platform, Apollo 1.5. The Apollo platform has gathered 70 partner companies so far. [Read more…] about Chinese search giant Baidu launches $1.5 billion fund for autonomous car tech

Baidu opens up its software to accelerate development of self-driving technology with 50 other companies in ‘autonomous driving ecosystem’

Baidu self-driving car being showcased at a recent company conference

Baidu, which is China’s equivalent of Google, has accelerated the development of its self-driving technology by opening up its software to outside companies.

The Chinese internet search giant has been building its autonomous vehicle operating system for quite some time, testing it on a variety of vehicles in China.

Now it will give away that software for free, probably in an effort to steal a march on global competitors such as Google, Apple and a growing number of other tech companies which are developing artificial intelligence systems which can drive cars all by themselves. [Read more…] about Baidu opens up its software to accelerate development of self-driving technology with 50 other companies in ‘autonomous driving ecosystem’

Ford, Baidu invest in company that produces tech for self-driving cars

Ford Motor and Baidu, one of China’s premier search engines, have made a joint investment of $150 million in Velodyne LiDAR – a supplier of the technology that could create self-driving cars.

The investment was made in order to help Velodyne find ways of lowering the costs of producing the technology, which involves expensive light-sensitive radars that allow cars to see a 3D version of their surroundings for up to 200 meters at all times.

Velodyne was already able to lower the cost of its technology from $80,000 to $8,000. However, once the company focuses on mass production, Velodyne expects that the price would be much lower thanks to the R&D investments of both Ford and Baidu. [Read more…] about Ford, Baidu invest in company that produces tech for self-driving cars