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Baidu’s self-driving car business has gone seven years without making money; it says it’s ready to stick with it for seven more
Since it started developing self-driving technologies in 2013, Baidu has yet to make money from autonomous driving. The company is committed to continuing to invest in the sector for at least the next seven years, the head of its autonomous driving unit Apollo says.
In a workshop that blends a corporate office with a tool-packed garage, around 20 South Koreans are looking to take on the multi-billion-dollar giants of Uber, Tesla and Google parent Alphabet with a self-driving car of their own.
Reflecting on seven years as the top technology executive at Uber Technologies Inc, Thuan Pham divides his time there into three “tours of duty”, as he describes them.
In his quest to expand US mobile broadband capacity, Federal Communications Commission Chairman Ajit Pai hasn’t been afraid to anger colleagues in government.
The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.
Volkswagen AG and Ford Motor Co are pushing ahead with plans to team up on electric and self-driving vehicles even as the coronavirus derails other projects, according to people familiar with the matter.
Nvidia Corp, whose semiconductors power datacentres, autonomous cars and robots, said on May 14 it plans to enter the market for technology that helps cars with automated lane-keeping, cruise control and other driver-assistance features.
Peter Daniels is one of the millions of Americans working from home because of the coronavirus. Daniels, 29, stopped commuting to his job at a delivery startup in mid-March.
The company’s ‘5G automotive ecosystem’ includes state-owned carmakers FAW Group, SAIC Motor, Dongfeng Motor and Chang’an Automobile. This initiative comes more than a year since Huawei released its 5G vehicle module, the MH5000.
Before the coronavirus consumed all of our attention, 5G was supposed to be the panacea for lagging economies, telecoms firms, keeping pace with China, autonomous cars, smart factories and plenty more besides.