Chinese AI & Conversational Commerce Market Overview: Alibaba Enters Connected Car Market


Alibaba has enabled the AliGenie virtual assistant in Audi, BMW, Honda, Renault, and Volvo vehicles. This article in The Motley Fool identifies a range of services that AliGenie enables as the conversational commerce portal to Alibaba's Taobao and Tmall marketplaces as well as to Alipay: It also acts as a hub for a wide range of smart home devices. Last year, Alibaba introduced Tmall Genie Auto, a version for connected cars. BMW and Volvo initially agreed to install Alibaba's speakers in their cars, and the company recently added Volkswagen's Audi, Renault, and Honda to its customer list. However, China's smartphone shipments fell 14% last year, according to Canalys, due to the saturation of the market.

Toyota to cut managers' summer bonus by up to 5% due to high R&D costs

The Japan Times

NAGOYA - Toyota Motor Corp. will cut summer bonuses for some 9,800 managers by 4 to 5 percent, as it looks to tighten cost control in the face of high spending on developing technology for autonomous and electrified vehicles, a source close to the matter said Thursday. The decision comes even as the company expects a 19.5 percent rise in net profit in the current fiscal year, and reflects an uncertain business outlook due to the prolonged trade war between the United States and China, the source said. Toyota President Akio Toyoda said Thursday at an annual shareholders' meeting that his company is boosting efforts in developing zero-emission vehicles including fuel cell vehicles. "We are facing a once-in-a-century transformation. I hope to build a mobility society of the future with our shareholders," Toyoda said at the meeting at its headquarters in Aichi Prefecture.

The Strange Mating Rituals of Self-Driving Car Companies


The autonomous vehicle industry is looking a lot like a middle-school dance. Monday, Aurora and Fiat Chrysler Automobiles announced they would work together to put the startup's self-driving tech, called Aurora Driver, into FCA's commercial vehicles, including cargo vans and Ram pickup trucks. On Tuesday, word leaked that Aurora and Volkswagen had discontinued their 18-month joint effort to build an urban robotaxi system. Wednesday, Aurora and Hyundai said they're doubling down on their own partnership, with the South Korean company (and its conglomerate partner, Kia) pouring more money into Aurora's now $600 million Series B financing round. The companies will continue to work together to build Aurora's tech into Hyundai's hydrogen-powered Nexo.

IBM Celebrates Women Business Pioneers In Artificial Intelligence


IBM (NYSE: IBM) today announced the first recipients and list of global women leaders and pioneers in AI for business. The list recognizes and celebrates women across a variety of industries and geographies for pioneering the use of AI to advance their companies in areas such as innovation, growth, and transformation. IBM will celebrate the honorees during an inaugural recognition event on June 12, 2019 at the IBM Watson Experience Center in New York, New York where the women will share their experiences leading AI initiatives in their organizations. Students from IBM's P-Tech program will attend to hear from these leaders who have applied AI technology in diverse and meaningful ways to help drive business innovation. "Artificial Intelligence is poised to drive dramatic advances in every industry," said Michelle Peluso, SVP, Digital Sales & CMO, IBM, who also serves as Leader of IBM's Women's Initiative.

Elon Musk says Teslas will be able to drive themselves to work by the end of 2019

FOX News

Tesla CEO Elon Musk explained the reason for the Model 3's mysterious cockpit camera. Teslas will be able to drive themselves from their home garage to the parking lot at their owner's job by the end of the year, Elon Musk said on Tuesday. Speaking at the company's shareholder meeting, Musk said Tesla's Full Self-Driving system will be "feature complete" this year, but will still require supervision by a human driver prepared to take over. Musk said that the rapid development of the tech is made possible by the system's new in-house designed computer that is 21 times faster than the Nvidia unit it replaces, along with billions of miles of data collected from Teslas on the road today. All Teslas built since October 16 are compatible with the optional feature, and Musk predicted that unsupervised self-driving will be possible next year.

Tesla electric car demand is 'absolutely not' struggling, Elon Musk says amid investor concerns

USATODAY - Tech Top Stories

That's because Tesla has created "the best chip in the world." Tesla CEO Elon Musk on Tuesday dismissed suggestions that demand for the company's electric vehicles is flagging. Musk told investors at the automaker's annual meeting that "sales have far exceeded production, and production has been pretty good." "I want to be clear – there is not a demand problem. His comments came amid swelling concern that the number of consumers willing to pay for its electric cars is drying up. Encouraged investors drove Tesla shares up 5% in after-hours trading to $228. The stock had dipped below $180 briefly last week as worries mounted. The company lost more than $700 million in the first quarter and then raised money through a stock offering to shore up its financial position. Musk reiterated previous projections that the company would achieve fully self-driving capability with recently made vehicles in 2020. A link has been posted to your Facebook feed. "I think it's basically financially insane to buy anything other than an electric car that's upgradeable to autonomy," he said. He also said the company's forthcoming Model Y electric crossover would reach "volume production" by fall 2020. "Internally we're aiming for sooner than that but we want to have some margin on that timing," he said. Tesla Model Y electric SUV: Tesla CEO Elon Musk says'it will ride like a sports car' He also said he hopes to reveal the company's long-teased electric pickup truck sometime this summer. It will "look like it came out of a sci-fi movie," he said. "I think it's the coolest car I've seen.

Algorithm tells robots where nearby humans are headed


In 2018, researchers at MIT and the auto manufacturer BMW were testing ways in which humans and robots might work in close proximity to assemble car parts. In a replica of a factory floor setting, the team rigged up a robot on rails, designed to deliver parts between work stations. Meanwhile, human workers crossed its path every so often to work at nearby stations. The robot was programmed to stop momentarily if a person passed by. But the researchers noticed that the robot would often freeze in place, overly cautious, long before a person had crossed its path.

How Artificial Intelligence Influence In Automotive Industry


Artificial Intelligence has an immense influence on various industrial or manufacturing sectors, together with aviation, manufacturing, technology, and others. Because of the features of Artificial Intelligence like machine learning and deep learning will generate higher productivity. Artificial intelligence becomes a long way in the past few years, connecting the gap between technical conversations and what are now practical possibilities, and nowhere are the possibilities more exciting than in the automotive industry. Between the designs of the cars, we currently drive and the process of manufacturing them, there is a lot of opportunities for Artificial Intelligence to develop, create efficiencies and make the process of auto-making and driving safer overall. But one manufacturer which is already seeing exciting changes from Artificial Intelligence in the automotive industry.

Latest Automotive Artificial Intelligence Market 2019 Size and Share with Leading Players, Performing Regions and Forecast 2024 – The Pueblo Daily


Automotive Artificial Intelligence Market 2019 report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of Automotive Artificial Intelligence market. Furthermore, the study highlights current market trends and provides forecast. We also have highlighted future trends in the Automotive Artificial Intelligence market that will impact the demand during the forecast period. By Market Players: NVIDIA Corporation, Alphabet Inc., Intel Corporation, Microsoft Corporation, International Business Machines Corporation, Harman International Industries, Inc., Xilinx Inc., Qualcomm Inc., Tesla, Inc., Volvo Car Corporation, Bayerische Motoren Werke AG, Audi AG, General Motors Company, Ford Motor Company, Toyota Motor Corporation, Honda Motor Co. Ltd., Hyundai Motor Company, Daimler AG, Uber Technologies, Inc., Didi Chuxing, AImotive, Nauto, Inc., nuTonomy, Zoox Inc.,,