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"Baidu Inc said on Tuesday that it has launched its first venture capital firm focusing on artificial intelligence－the Chinese online search behemoth's latest effort to stake out a spot in the burgeoning technology field. Called Baidu Venture, the new company will focus on early-stage projects in artificial intelligence and other next-generation technologies, such as augmented reality and virtual reality, according to a statement from Nasdaq-listed Baidu.", news.asiaone.com
"Nvidia has unveiled its Drive PX 2 palm-sized artificial intelligence computer for automated and autonomous vehicles.Nvidia states that the new single-processor configuration of the Drive PX 2 for AutoCruise functions, including highway automated driving and HD mapping, consumes just 10 W of power, enabling “vehicles to use deep neural networks to process data from multiple cameras and sensors”.“A car using the small form-factor Drive PX 2 for AutoCruise can understand in real-time what is happening around it, precisely locate itself on an HD map and plan a safe path forward,” Nvidia states.The Drive PX 2 will be deployed by Chinese company Baidu for its self-driving car, with Nvidia and Baidu having recently announced a partnership to deliver a self-driving cloud-to-car system.“Bringing an AI computer to the car in a small, efficient form factor is the goal of many automakers,” Rob Csongor, Nvidia vice president and general manager of automotive,", www.channelnews.com.au
"THE BUSINESS TIMES Transport - [SAN FRANCISCO] Ford Motor Company and Chinese internet giant Baidu on Tuesday said they have invested a combined US$150 million in Velodyne, a US company specialising in laser sensors for self-driving cars.. Read more at The Business Times.", www.businesstimes.com.sg
"Ford Motor Co. is accelerating its development of self-driving cars by more than doubling the size of its Silicon Valley lab and taking a stake in Velodyne Lidar Inc., the leading maker of an advanced radar that is an essential sensor in autonomous driving.", www.bloomberg.com
"Bitauto Holdings Ltd., an online content and marketing services outfit, raised $300 million in its latest funding round. Leading technology companies such as JD.com, Tencent and Baidu participated, with each contributing $50 million.", www.chinatopix.com
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