Time travel to the UK in 2025: Harry is a teenager with a smartphone and Pauline is a senior citizen with Alzheimer's who relies on smart glasses for independent living. Harry is frustrated his favourite online game is slow, and Pauline is anxious because her healthcare app is unresponsive. Forbes predicts that by 2025 more than 80 billion devices, from wearables and smartphones, to factory and smart-city sensors, will be connected to the internet. Something like 180 trillion gigabytes of data will be generated that year. Currently almost all data we generate is sent to and processed in distant clouds.
Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it continues to invest in new areas, such as bicycles, scooters and freight shipments. The company is still growing however, as revenue rose 38 percent from a year ago to $2.95 billion. Albeit, those gains are down 51 percent from the previous quarter, meaning that overall the speed of growth is slightly down. Uber earned $12.7 billion from gross bookings, or the money it makes after paying commissions to drivers and delivery people, which is up 34 percent from the previous year. This comes ahead of the company's anticipated initial public offering (IPO) next year, to which some are valuing the company at $120 billion, nearly double more its last reported private valuation of $62 billion.
Ford teamed up with Domino's last year to test out self-driving cars for pizza delivery. And while a hot cheesy pie is certainly delicious, the autonomous technology is now being put to even better use. On Wednesday, Ford announced that it is now using Postmates delivery service to bring Walmart products to customers' homes via self-driving Ford vehicles. Ford works with Argo AI to power the self-driving part of the car. SEE ALSO: Ford and Domino's team up for self-driving pizza deliveries Starting in the Miami area, where Domino's is still testing autonomous pizza delivery and Ford has developed a urban self-driving car proving ground, the service will kick off with Walmart employees putting groceries into the car.
Self-driving car collaborations are becoming increasingly commonplace. The latest team-up comes from Ford and Walmart -- two older-world companies using autonomous tech to combat nascent startup rivals and remain relevant in an ever-changing landscape. The eventual goal is to bring Walmart shopping items to customers in a self-driving Ford with the help of Postmates' delivery infrastructure. Initially, however, the venture will rely on human-driven cars designed to simulate how a self-driving vehicle would operate. Ford has already started testing its autonomous cars in Miami and Washington DC, with plans for commercial production by 2021.
Alphabet subsidiary Waymo will launch the world's first commercial self-driving taxi service within weeks, according to a report. The Google spin-off aims to begin accepting paying passengers in December, Bloomberg reported, with operations beginning in Phoenix, Arizona. A person familiar with the plans said that the self-driving car service will compete directly with Uber and Lyft, though will not operate under the name Waymo. Supercars that didn't make the showroom Supercars that didn't make the showroom The exact date of launch and the name of the service were not revealed, though it is expected to be a relatively quiet affair with a limited number of passengers. In an emailed statement to the publication, the company said: "Waymo has been working on self-driving technology for nearly a decade, with safety at the core of everything we do."
Waymo, the Alphabet-owned autonomous car company, plans to launch its first commercial self-driving car service within two months, Waymo's chief executive said Tuesday. When the service does launch, some of its biggest customers are expected to be other businesses that want to provide rides for their own customers. Since Waymo launched its Early Rider pilot program in Chandler, Arizona last year, a number of businesses including Walmart, Avis Budget Group and AutoNation have expressed interest in the self-driving car service, Waymo CEO John Krafcik said Tuesday at The Wall Street Journal's WSJ Tech D.Live conference. "This is a whole other channel of demand we really hadn't thought deeply about that could end up being a really significant driver of business," he said. Waymo's initial business will be limited to the Phoenix area, Krafcik said.
Waymo could be one step closer to launching its own ride-hailing service. The driverless car unit of Google parent company Alphabet is eyeing the launch of the world's first self-driving car service as soon as next month, Bloomberg reported, citing sources close to the situation. The service will operate under a name that's different from Waymo and compete head-to-head with Uber and Lyft. Waymo is eyeing the launch of the world's first self-driving car service as soon as next month. A Waymo spokesperson declined to confirm to Bloomberg whether or not the service was in development, as well as the timing of the launch.
As the Washington Post began to describe the findings of the drily-, slyly-titled Autonomous vehicles and the future of urban tourism, I worried about the article's bent. You see, it began by suggesting that driverless cars will "give people a new place to have sex. I fear the Post should get out more. People already have sex in cars. They've done it for quite some time, often in quite some discomfort. Also: MIT reveals who self-driving cars should kill: The cat, the elderly, or the baby? Now, however, researchers from the University of Surrey and Oxford University apparently foresee a whole new dawn of possibility. Starting in January, autonomous vehicles will be tested on UK roads in up to three cities. Taxis will be gone, say the researchers in a report to be published in January. Car manufacturers will create more spacious interiors, given that humans will be lolling around, doing nothing. Which leads these large brains to conclude: "It is just a small leap to imagine Amsterdam's Red Light District'on the move.'
It's been a long time in coming, but Waymo finally appears to be on the cusp of launching a commercial self-driving car service. Bloomberg sources claim that the Alphabet-owned brand will launch its autonomous transport option in the Phoenix suburbs sometime in early December. Many details are reportedly still under wraps, but it would operate under a new brand and "directly" challenge ridesharing companies like Uber and Lyft, right down to the pricing. It'd serve a roughly 100 square mile area and would initially rely on passengers from Waymo's Early Rider Program, but they would be free to talk about it take people from outside the program. There would initially be backup drivers in some cars to assuage customers and take over in a pinch, but the vehicles would drive themselves nearly the entire time.
This article is a follow up to my previous one talking about the rise of Artificial Intelligence in an Enterprise. In this article, I will talk about how enterprises in Transportation, Retail and Healthcare are transforming themselves using AI. The use cases vary from transforming back-office applications to bringing compassion back into healthcare to detecting fraud and into the future of autonomous cars. Although I talk about specific enterprises here, the use cases are pretty generic and horizontal. The fraud detection use case, for example, appeals to a large number of verticals where financial transactions and/or user behavior monitoring is essential, including eCommerce, financial and retail environments.