Company developments: Aptiv’s self-driving cars hit 50,000 ride milestone in Las Vegas – Jun. 14, 2019 (NBC) Their fleet currently offers ride-sharing options through Lyft, as users have the option to request the self-driving cars if they’d like to Facebook to open third London office with 100 new AI roles – Jun. 12, 2019 (VentureBeat)… Read More »
Interesting week in the AI world. In the U.S., top executives at Google met with top U.S. military generals to discuss Google’s work with China on AI research. Can’t help but notice that Google might be singled out here given Project Maven (Microsoft, Amazon and other U.S. tech giants also have AI operations in China).
Meanwhile, on the IPO front Megvii is looking to IPO later this year at an ~US$800mm valuation. As one of the top facial recognition startups in the world in the biggest facial recognition market (China), I’d flag this as one of the top IPOs in 2019 to watch.
Last weekly update for 2018. Thanks to all the readers and visitors here. Let’s all hope for continued positive progress in the AI world in the new year.
Busy week leading into Labor Day weekend. Highlights are centered around the autonomous vehicle world with one of Apple’s self-driving cars getting rear-ended, and Toyota investing $500mm into Uber. Very interesting move by Toyota given their own autonomous vehicle program and Uber’s have struggled compared to peers. Maybe this partnership provides synergies that aren’t immediately… Read More »
Company developments: Yandex shows off the first tests of self-driving cars on Moscow roads – Feb. 16, 2018 (TechCrunch) Russian search and internet services giant Yandex has been working on its autonomous driving program, and its most recent achievement is a public self-driving pilot of its self-driving test car in Moscow, the first such test… Read More »
Rare earth elements (REE) have grown in importance over the years due to their increased usage in producing many key technologies in today’s world. These elements, which are not actually that rare, can be mined through various methods. As the world increases its development of various technologies, the increase in demand for REE is expected to accelerate. Because of this, the REE industry now faces a problem of keeping up with future demand.