Pony.ai and Baidu have received licenses to operate L4 robotaxis in Beijing China, expanding their operations.
Best week ever for robotaxis?
In a normal week, Boston Dynamics being acquired by Hyundai Motors for nearly $1 billion would be the biggest story. But this week has been anything but normal. This has arguably been the best week ever for the development of autonomous vehicles. Robotaxis, in particular, marked new milestones. Waymo has officially opened up its robotaxi…
RTI brings communications software to Baidu Apollo autonomous driving ecosystem
RTI said its Connext Drive will provide performance and reliable communications as part of the Apollo Enterprise Platform, Baidu’s ecosystem for autonomous vehicle development.
China’s robotics market: A look ahead to 2020
The global robotics market will continue to be affected by China’s manufacturing slowdown and trade tensions with the U.S., says international analyst Georg Stieler as he looks ahead to 2020.
CARMERA builds HD maps for autonomous vehicles in Brooklyn
Self-driving cars are not yet a common sight in New York City, but CARMERA, a company building centimeter-level street maps, is part of autonomous vehicle trials in the Brooklyn Navy Yard.
Robotics investments recap: March 2019
Investments in robots, autonomous vehicles, and related systems totaled at least $1.3 billion in March 2019, down from $4.3 billion in February. On the other hand, automation companies reported $7.8 billion in mergers and acquisitions last month. While that may represent a slowdown, note that many businesses did not specify the amounts involved in their…
Chinese search engine leader Baidu loses another AI exec
Baidu (NSDQ:BIDU), the operator of China’s most popular online search engine, has lost another artificial intelligence expert. Lin Yuanqing, former director of Baidu’s institute of deep learning, confirmed reports that he resigned in September to launch his own AI company. The departure of Lin, who specializes in image recognition and human-computer interaction, provides the latest setback for…
Baidu announces $1.5B autonomous vehicle tech fund to drive development
Chinese internet search provider Baidu created a 10 billion yuan ($1.52 billion) fund to invest in autonomous vehicle projects and released the latest version of its open-source autonomous vehicle software, the company announced yesterday. The goal of the Apollo Fund, named for the software and NASA’s moon-landing program, is to fund 100 projects over the…