Canada is celebrating a technological milestone after its first official self-driving car test on public roads last week. The street test was conducted in Ottawa's west end using technology developed by Blackberry. The city of Ottawa announced a partnership with Blackberry's QNX team, the operating system arm of the company which is developing self-driving vehicle software. "With support from BlackBerry QNX and its Autonomous Vehicle Innovation Center and by working closely with all our partners, we are facilitating smart initiatives and research, and fuelling innovation and job creation in Ottawa," said the city's mayor, Jim Watson in a press release. The test was not run in real-life conditions as the roads were closed during the demonstration.
On Tuesday, NVIDIA unveiled the world's first artificial intelligence (AI) computer designed to drive fully autonomous vehicles by mid-2018. The new system, named Pegasus, extends the NVIDIA Drive PX AI computing platform to operate vehicles with Level 5 autonomy--without steering wheels, pedals, or mirrors. New types of cars will be invented, resembling offices, living rooms or hotel rooms on wheels. "The company hasn't claimed to have developed all the software, hardware, and data needed for automated driving; it's merely announced that it plans to market a chip that in theory could support the hardware and software envisioned for such a system," Walker Smith said.
Last week, General Motors Co. announced plans to release a fleet of new electric vehicles by 2023, laying the groundwork for an "all-electric future." But the technology's high price, complexity and limited performance has kept self-driving cars from being deployed on a larger scale, according to Kyle Vogt, chief executive of Cruise Automation, a subsidiary developing self-driving technology that GM bought last year. "To solve these problems we've acquired Strobe, a company that has quietly been building the leading next-generation lidar sensors," Vogt wrote in a blog post announcing the purchase of Strobe. In his blog post, Vogt said Strobe's lidar sensors can be coupled with a radar sensor to more accurately read road conditions and avoid wrecks for self-driving cars.
One of the major factors that will have a positive impact on the growth of this market includes the rising usage of deep learning technology among various industries such as automotive, advertisement, medical and others. Moreover, increasing acceptance of cloud based technology, high usage of deep learning in big data analytics, high R&D expansions for enhanced processing hardware for deep learning and rising applicability in healthcare and autonomous vehicles are fueling the market growth. Moreover, the market has tremendous growth opportunity such as utilization of deep learning technology in smartphones and medical image analysis. Depending on application, data mining segment is anticipated to grow at a highest CAGR during the forecast period attributed to growing utilization of deep learning in cybersecurity and database systems and data analytics.
Tesla Motors announced its bid to buy SolarCity, a solar power company where Tesla CEO Elon Musk is also the top shareholder. A preliminary investigation has begun for a fatal car crash involving a Tesla Model S.According to the National Highway Traffic Safety Administration, the electric model sedan had Autopilot mode engaged when a driver was killed. Tesla shares are lower in Wednesday's trading session after the company's shareholder meeting revealed that not every Tesla car owner will have free access to the company's Superchargers. Shares of Tesla are moving lower in after-hours trading on Wednesday after the electric car maker said it would sell more stock to raise money to ramp up production of the Model 3.
The transformation of BlackBerry from a bombed-out, loss-making smartphone maker to a new-look software firm appears to be working: the Canadian business has reported better-than-expected quarterly profits, boosting its shares by more than 12%. The company, which was famous for its tiny keyboard phones and in 2010 had more than a third of the US smartphone market, was almost driven to extinction by the iPhone. John Chen, chief executive, told analysts on Thursday that he expected BlackBerry to earn $5 to $25 a car as it expands into more advanced self-driving vehicles. Most of BlackBerry's revenue now comes from managing phone systems for other businesses, but it expects the car industry and industrial applications to drive future growth.
Ford will begin testing self-driving cars on ride-hailing company Lyft's network with human drivers at the wheel for backup, the companies said late Tuesday. Ford also plans to test self-driving cars on the Lyft network with no human in the driver's seat. Earlier this month, a Silicon Valley startup said it would partner with Lyft to test driverless cars in San Francisco, with human drivers at the wheel. Lyft offers automakers and technology companies millions of miles of experience, and in return the ride-hailing company gets to avoid the capital expense of building driverless cars itself.
"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.
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.
Windows introduces'Cortana': Your personal digital assistant Moon's shadow crosses from coast to coast during solar eclipse Fawn falls prey to eagle at Wisconsin's Lake Noquebay Hysterical woman is comforted'after watching Annabelle: Creation' Once completed in 2020, the factory is set to become one of the biggest buildings in the world, with a final size of 10 million square feet. 'We are still less than 30 percent done, and once complete, we expect the Gigafactory to be the biggest building in the world,' Tesla said The factory will initially produce a high performance cylindrical '2170 cell' which was jointly designed and engineered by Tesla and Panasonic to offer the best performance at the lowest production cost in an optimal form factor for both electric vehicles and energy products The factory will initially produce a high performance cylindrical '2170 cell' which was jointly designed and engineered by Tesla and Panasonic to offer the best performance at the lowest production cost in an optimal form factor for both electric vehicles and energy products. 'In 2017 alone, Tesla and Panasonic will hire several thousand local employees and at peak production, the Gigafactory will directly employ 6,500 people and indirectly create between 20,000 to 30,000 additional jobs in the surrounding regions,' said Tesla'In 2017 alone, Tesla and Panasonic will hire several thousand local employees and at peak production, the Gigafactory will directly employ 6,500 people and indirectly create between 20,000 to 30,000 additional jobs in the surrounding regions.' Windows introduces'Cortana': Your personal digital assistant Moon's shadow crosses from coast to coast during solar eclipse Fawn falls prey to eagle at Wisconsin's Lake Noquebay Hysterical woman is comforted'after watching Annabelle: Creation'