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Posted inNews

Baidu, Ford Invest $150M In Detection Tech For Autonomous Cars

As tech giants like Baidu and Google refine the technology to make fully autonomous cars feasible, one important barrier still stands between research and mass production: affordability. On Tuesday, Baidu and Ford announced a $150 million USD joint investment in Velodyne LiDAR, Inc., a Silicon Valley-based company that develops laser-based LiDAR (Light Imaging, Detection, and Ranging) […]

Posted inNews

Baidu Announces New Autonomous Car Team In Silicon Valley

Chinese search engine Baidu Inc. announced on Friday the formation of a team in Silicon Valley focused on R&D for autonomous cars. The team will be part of Baidu’s newly-created Autonomous Driving Unit (ADU). With the announcement, Silicon Valley becomes Baidu’s home turf for both their self-driving car team and Baidu Research’s Silicon Valley AI Lab (SVAIL). Baidu has […]

Posted inNews

Marvelmind Robotics Walks Away With Top Honor At Slush Shanghai

Slush, one of the world’s most prestigious startup events from Finland, has just closed its first-ever summit in Shanghai yesterday, featuring a stellar lineup of speakers, entrepreneurs and investors. Along with the exciting talks on the main stage, fifty amazing startups from the fields of e-commerce, VR/AR, big data, education, healthcare and enterprise services appeared […]

Posted inNews

China’s Internet Giants Back A Smartphone On Four Wheels

Baidu earned a neat three percent bump in stock prices on Thursday after they recorder higher-than-expected revenues. One project that they’ll be spending the cash on is their driverless car unit, a research and development effort spanning between the U.S. and China. “We believe that the automobile is the next major computing platform,” said CEO Robin Li during […]

Posted inNews

We’re Shortening Development By Two Years: LeAutoLink CTO On LeEco, Aston Martin Super Car [Q&A]

Speculation over the LeEco-backed Aston Martin electric super car has been building since the two companies announced in January their intention to release the vehicle by 2018. While the US has led the development of connected, autonomous and electric vehicles, China is playing a hasty catchup game, backed by the country’s cashed-up tech giants. According to Rao […]

Posted inNews

The ‘Chinese SpaceX’ Will Test Space Balloon Flights With Animals This Year

Kuang-Chi Science Limited, a Shenzhen-based tech company, has drawn comparisons in Chinese media to Elon Musk’s SpaceX for its ambitious projects, ranging from exoskeleton power suits to spacecraft. While the company, founded in 2010, has yet to hold a flame to the achievements of SpaceX, they are attacking innovation with the hold-your-breath-optimisim that has become typical of China’s new […]

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