The topic has come up on many episodes of "The Marketing Garage" -- our podcast that talks to marketing executives about their technology -- as the tech marketers are most excited for in the future. "A lot of lead scoring is going to be improved significantly with AI," says Zhou. As an example, she points to Harley Davidson, which increased sales leads over 2000 percent by using a system that scored leads "in a much more intelligent way." "Toyota recently started to create AI-generated ads," she explains.
HONG KONG (Reuters) - China's Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars - a strategic pact that sent shares in Guangzhou Auto surging. Earlier this year, Tencent bought 5 percent of U.S. electric car maker Tesla Inc for $1.78 billion. Tencent and Guangzhou Auto will work together to develop internet-connected cars and artificial intelligence-aided driving, as well as explore investment in areas such as auto-related e-commerce, so-called new energy cars and auto insurance, the automaker said in a filing late on Monday. Hong Kong-listed shares of Guangzhou Auto were trading 5 percent higher on Tuesday morning.
Amid heated global competition over developing next-generation cars such as self-driving automobiles and electric vehicles, Toyota Motor Corp. unveiled Tuesday a new sports car brand inspired by its expertise in motor sports. Under the brand name GR, which comes from Toyota's motor sports brand Toyota Gazoo Racing, the auto giant unveiled seven cars remodeled as sports editions, including the Vitz compact, Voxy and Noah minivans, and the Prius and Mark X sedans. The main target of the new brand is younger customers, who are often said to have lost their passion for driving their own cars, Gazoo Racing President Shigeki Tomoyama said. Toyota's launch of the sports car brand apparently runs counter to the global focus on next-generation vehicles such as EVs.
"Our sense is management believes that investors still severely underestimates the impact of AI and the size of the potential market," Evercore analyst C J Muse wrote in a note on Friday after hosting Nvidia's management. Nvidia has been rapidly expanding into newer technologies including artificial intelligence, cloud computing and self-driving cars, away from designing graphics-processing chips for which the company was known for. Bank of America Merrill Lynch analyst Vivek Arya listed Nvidia a "top pick", basing his view "on (Nvidia's) underappreciated transformation from a traditional PC graphics vendor, into a supplier into high-end gaming, enterprise graphics, cloud, accelerated computing and automotive markets," according to Seeking Alpha. In May, Nvidia announced a partnership with Toyota Motor Corp through which the Japanese car maker would use Nvidia's AI technology to develop self-driving vehicle systems planned for the next few years.
SAE International has created the now-standard definitions for the six distinct levels of autonomy, from Level 1 representing only minor driver assistance (like today's cruise control) to Level 6 being the utopian dream of full automation: naps and movie-watching permitted. Many of the features of AI-assisted driving center around increased safety, like automatic braking, collision avoidance systems, pedestrian and cyclists alerts, cross-traffic alerts, and intelligent cruise control. A connected vehicle could also share performance data directly with the manufacturer (called "cognitive predictive maintenance"), allowing for diagnosis and even correction of performance issues without a stop at the dealer. Although it may not at first appear directly tied to automotive AI, the health and medical industry stands to experience some significant disruptions as well.
Self-driving cars are one example where AI can reduce accidents and save lives, but also be problematic. For example, Mercedes prioritises the safety of passengers over the safety of the pedestrian: a Mercedes self-driving car will swerve to hit a pedestrian rather than a pole or barrier which could kill the people it is transporting. It's the same with AI: the concentration of power in the hands of a very small group of people, whose biases may not be transparent and whose methods may be poorly understood. Malicious intent and private bias could easily be built into systems, and if these systems are autonomous and eventually "intelligent", it represents an immense threat to humanity.
The money puts Ford in the same company as AT&T, Toyota Motor North America and Toyota Research Institute as a founder of the 500 acre Willow Run autonomous vehicle testing campus located outside of Detroit in Ypsilanti Township. "As the convergence between the technological and manufacturing sectors continues to grow, it is very encouraging to see great Michigan companies like Ford leading the way toward our future," he said in the same release. LG recently announced it will open a factory outside of Detroit to manufacture EV parts, for example, and GM announced late last year that it would begin building and testing self-driving cars near Detroit as well. Tesla's first acquisition was a tool and die shop in Grand Rapids, where it makes automotive stamping parts.
The group, called Alliance 2022, will partner up on 12 electric cars and 40 vehicles with autonomous driving tech by, you guessed it, 2022. However, it did specify that it will launch four shared platforms with the aim of producing over 9 million vehicles on them. However, the group didn't unveil many details on those plans, either, merely saying that it would launch 40 self-driving vehicles with different levels of autonomy. In the last month, however, both companies have unveiled ambitious EV plans, Honda with the EV Clarity and Toyota via a Mazda alliance.
The carmakers -- who collectively sold more vehicles than any other company in the world in the first half of this year -- also announced plans to make "robo-taxis," driverless public transport vehicles and autonomous cars aimed at middle-class consumers. It wants 15 minutes of charging time to provide 230 km (140 miles) of range, up from 90 km (55 miles) of range now. Ghosn said electric car sales are growing by more than 50 percent annually in some European markets, and that his alliance is watching China's emissions policies closely. He said the carmakers aim to boost annual sales to $240 billion and to sell 14 million cars a year by 2022, up from 10 million in 2016.
There was a detailed and dedicated session about the digital economy at Huawei Connect 2017 that covered the below speeches and panel discussions about how digital economy helps in increasing the National Competitiveness, creates a new model for economic growth and brings new development opportunities The Future of Digital Economy Forum • The benefits and opportunities of digital economy • Preparing for the future digital economy Intelligent Technology, Digital Transformation, and the Role of ICT Providers • Industries that are likely to leverage smart technology and seize growth opportunities • Developing countries are using smart technology to achieve leapfrog development • The role of ICT providers in enabling the intelligent world The first keynote of second day was based on how connectivity and cloud together can lead us to faster digitization and its benefits. The speakers for the Connectivity Cloud: Faster Digitization were Mr. David Wang - President of Products & Solutions of Huawei; Prof. Dr. Suchatvee Suwansawat – President of King Mongkut's Institute of Technology Ladkrabang; Michael Nilles – CDO of Schindler Group, Jerry Li - Vice President, and Head of Business Development of ABB China The second keynote Huawei Cloud - Technology & Product Innovation also had lots of speakers as below; - Joy Huang, Vice President, IT Product Line, Huawei - Wang Xiaoping, Fellow, Software Development Center, Industrial and Commercial Bank of China - Jean-Christophe Marchal, Executive Deputy General Manager, Dongfeng Peugeot Citroen Automobile Company Ltd. Huawei organized a special session of international KOLs with Joy Tan and Walter Jennings, President and Vice President of Huawei's Global Media and Communications Department, respectively. Another special session organized for International KOLs was by Huawei's Consumer Business Group's Handset Business unit in which Mr. Li Changzhu, Vice President of Huawei Consumer Business Group's Handset Business interacted about the high-end series handset product strategy, research and development, and integrated operation and delivery. Yu Dong, President of Industry Marketing & Solution, Enterprise Business Group in Huawei shared some great stat like the latest AI can detect a face correctly among a billion input data and face recognition is improved 1000 times in last two years.