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Medical Drone Delivery Startup Zipline Raises $190 Million In Funding
Healthcare drone delivery startup Zipline has raised $190 million in a new round of funding, taking its valuation to over $1 billion. The new funding will be used to further expand its reach across Africa, South Asia, Southeast Asia and the Americas. Zipline operates autonomous drones across remote areas that are hard to reach by road, airlifting medicines during emergencies.
Self-Driving Startup Einride Deploys Cab-Less Electric Truck In Sweden
Einride, the Swedish autonomous trucking company, has successfully deployed its first cab-less, autonomous and fully electric truck for freight hauling in DB Schenker's facility in Jönköping, Sweden. Named the "T-pod," it will transport cargo between a warehouse and a terminal at the facility, as part of daily commercial operations. The cargo capacity of T-pod is 15 standard pallets and it
Microsoft Opens Immense AI and IoT Lab in Shanghai
AI and IoT are set to boom in the Mainland, and from the looks of things, Microsoft will be in the thick of it. According to Xinhua, Washington-based tech giant Microsoft has opened its fourth – and largest – AI & IoT Insider Lab in Shanghai. The lab is located in a 2,800 square meter building in the Zhangjiang Hi-Tech
GM Autonomous Vehicle Subsidiary Cruise Nabs $1.15B Investment
Smart Cities
Cruise Automation, the autonomous vehicle startup acquired by General Motors GM in 2016, has secured an equity investment of $1.15 billion that values the company at $19 billion. The group of institutional investors included parent GM along with funds and accounts advised by T. Rowe Price Associates and existing partners SoftBank Vision Fund and Honda. "Developing and deploying self-driving vehicles
Tech Pioneer Levandowski Talks State Of Autonomous Trucking At Transparency 2019
Smart Cities
After a brief hiatus, technology pioneer Anthony Levandowski has reappeared on the autonomous vehicle scene, but has dialed back his initial vision for driverless trucks in favor of a new safety system designed to assist drivers behind the wheel. Levandowski sat down with John Kingston, editor-at-large of FreightWaves, on May 6, to talk about the future of autonomous vehicle technology.
2019 Marks The Year For The 5G Technology Market
Smart Cities
mohamed_hassan / Pixabay Highlights from Mobile World Congress (MWC) 2019 2019 is the year 5G networks will come to life and 5G smartphones will become commercially available. In this article, we will focus on the exhibitions regarding 5G technologies, from the hardware to vertical applications, at Mobile World Congress (MWC) 2019. More information can be found in the brand new
China to Build a ‘Blockchain City’ … in Malaysia
The Chinese government is reportedly aiding the construction of a “blockchain city” in Malaysia, smack-bang on one of Asia’s most important shipping lanes. Here’s Coin Telegraph: Construction and engineering company China Wuyi and investment network SWT International Sdn Bhd have jointly launched the Chinese government-backed project aimed at the development of the city of Malacca into a blockchain city called
AV, AI and Smart Cities: Exclusive Interview With Stefan Teuchert, President and CEO of BMW Group Russia
AI, Smart Cities
Autonomous vehicles are yet to take over the market, but artificial intelligence has already taken the automotive industry to another level by driving the development of level-4 and level-5 AVs. Most of the major automotive manufacturers are actively launching self-driving programs and conducting extensive on-road testing. At a conference named "How to make money with artificial intelligence in Russia", organized
5G Technology Market Size To Surpass US$248,462.4 Mn By 2028 End
Smart Cities
mohamed_hassan / Pixabay Future Market Insights (FMI) recently published a report titled ‘5G Technology Market – Global Industry Analysis and Forecast 2018–2028.’ 5G technology will play a crucial role in supporting governments and public organizations in transforming cities into smart cities, and will enable citizens and communities to realize and participate in the socio-economic benefits delivered by an advanced, data-intensive,
Autonomous Vehicles Make Their Move On Land And Sea
Smart Cities
O2, the second-largest mobile network operator in the United Kingdom, has teamed up with the Millbrook Proving Ground, McLaren Applied Technologies and Britain's Department for Digital, Culture, Media and Sport (DCMS) to test a 5G network that will support what they call connected and autonomous vehicles, as the maritime sector also stakes a claim for its own autonomous vessels. Network