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Groupe PSA carries out autonomous driving tests in L3Pilot project

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Since the start of April, Group PSA’s vehicles equipped with level 3 autonomous driving functions have been operating on open roads in France as part of the European L3Pilot project.

Six to eight vehicles will undergo intensive driving tests to validate autonomous functions on dual carriageways.

The project is strengthening Groupe PSA’s expertise in the development of autonomous vehicles, thanks to a global ecosystem of partners, including European carmakers, research centres and roads authorities.

[Read more…] about Groupe PSA carries out autonomous driving tests in L3Pilot project

Infographic: How AI is streamlining the supply chain

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Noodle AI has produced an infographic to show how artificial intelligence is changing commerce

Artificial intelligence is everywhere. In fact, you may have interacted with it today and you didn’t even know it.

AI can streamline a lot of our daily business operations, freeing us up to tackle more difficult tasks.

Within the world of e-commerce, AI may be the key to streamlining the supply chain. [Read more…] about Infographic: How AI is streamlining the supply chain

Sick demonstrates ‘smart logistics’ system for warehouse automation

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Sensors supplier Sick showcased a new “smart logistics” system at the recent ProMAT Show, one of the world’s largest material handling exhibitions.

Sick says its system demonstrates how to obtain greater efficiency throughout supply chain operations.

Sick presented its new innovations under the banner of “Logistics Gets Smart”, and says they are designed to provide “highly efficient solutions for intralogistics applications”. [Read more…] about Sick demonstrates ‘smart logistics’ system for warehouse automation

JPMorgan to employ trading robot because it’s more efficient than humans

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One of the world’s largest investment banks, JPMorgan, is preparing to employ a robot to work in its global equities business because it’s shown itself to be more efficient than traditional methods of buying and selling, according to a report on the Financial Times website. 

The artificial intelligence-based algorithm, which is called LOXM, has been tested in the US and Asia over the first quarter of this year, adds the FT.

The newspaper quotes David Fellah, of JPMorgan’s European Equity Quant Research team, as saying the work LOXM will do was previously done by humans, “but now the AI machine is able to do it on a much larger and more efficient scale”.

Electric power: Clean energy infrastructure driving switch from AC to DC

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nikola tesla
Nikoa Tesla, pictured in his Colorado Springs lab in 1899. Picture courtesy of Smithsonian.com

Nikola Tesla was a famous scientist who developed alternating current, the means of distribution for electricity for the vast majority of devices, appliances and machines in households and factories and just about every other electrified thing in the world today. 

But even as Tesla was inventing much of the technology used in the alternating current electricity supply system, another famous inventor, Thomas Edison argued that direct current was the best way to distribute electricity.

By the time Tesla tech came onstream, DC had already been in use for a decade, but within a relatively small area, and Edison lost that argument mostly because the components of an alternating current grid enabled electricity to be carried far and wide beyond the power generating facility.  [Read more…] about Electric power: Clean energy infrastructure driving switch from AC to DC