Hyundai and Kia will invest $250 million into car sharing company Grab, aiming to push the adoption of electric vehicles (EVs) in Southeast Asia. The funding follows Hyundai’s $25 million investment in the firm, announced in January. The three companies will launch a series of EV pilot projects in 2019, starting with Singapore. The EVs… Continue reading Hyundai and Kia invest $250m in car-sharing Grab for EV adoption
Author: ZDNet Online News
AI startup Flex Logix touts vastly higher performance than Nvidia
Featured stories Twenty-eight years ago, Geoff Tate helped create a chip company called Rambus. Its technology is in every DRAM memory part that ships today. But Tate thinks he’s now found a bigger market in artificial intelligence and machine learning. “I think neural networks is going to be a bigger market than what we did… Continue reading AI startup Flex Logix touts vastly higher performance than Nvidia
Samsung posts Q3 record profit despite mobile setback
Samsung Electronics has posted its highest ever operating profits of 17.57 trillion won, up 21 percent from a year ago, in the third quarter of 2018, the company announced. Revenue was 65.46 trillion won, its second highest figure ever, the firm’s third quarter earnings report said. Its semiconductor business contributed operating profit of 14.56 trillion… Continue reading Samsung posts Q3 record profit despite mobile setback
Ericsson and Fujitsu partner on 5G
Ericsson and Fujitsu have announced a 5G partnership, with plans to combine their radio access and core network portfolios to deliver 5G mobile network services and solutions across Japan. “Ericsson and Fujitsu’s strength in research and development will ensure the best path for bringing global 5G solutions to Japan, as well as exploring a wider… Continue reading Ericsson and Fujitsu partner on 5G
MIT reveals who self-driving cars should kill: The cat, the elderly, or the baby?
It is a classic problem and a test of where our morality lies: if a runaway trolley is uncontrollably heading down a set of tracks and you have the ability to use a lever and choose between either five people or one, what would you do? Featured stories Extend this to cars: would we prefer… Continue reading MIT reveals who self-driving cars should kill: The cat, the elderly, or the baby?
Comroads launches first community for sharing dash cam footage
Featured stories Traffic accidents occur quickly and often the driver responsible for causing the crash leaves the scene of the incident before proper information can be exchanged. While a single dash cam can help catch some of the details, one dash cam is often not enough to provide a full picture of what happened. Tel… Continue reading Comroads launches first community for sharing dash cam footage
Australian government invests AU$6m in EV charging network
The Australian government has announced a AU$6 million investment in an “ultra-rapid” electric vehicle (EV) charging network powered by renewable energy across the nation under the Australian Renewable Energy Agency (ARENA). According to the federal government, the EV charging network will be deployed around Sydney and Melbourne; between Sydney, Melbourne, Canberra, Brisbane, and Adelaide; and… Continue reading Australian government invests AU$6m in EV charging network
Porsche & Hyundai behind AR hologram company’s $80M raise
WayRay, a Zurich-based AR company that makes holograms to augment driving, just closed an $80M C-round. The fundraising was led by Porsche and included Hyundai and Alibaba Group. That brings the seven-year-old company’s total funding to over $100M on a $500M valuation. The company is actually calling its shot with a projected $1B valuation by… Continue reading Porsche & Hyundai behind AR hologram company’s $80M raise
MWCA: ‘5G is a race that everybody should win’
5G Americas president Chris Pearson says “everyone” should win on 5G, but that this can only be achieved if the United States government ensures the two key ingredients of spectrum and infrastructure deployments are worked through. “5G is a race that everyone should win,” Pearson said while speaking with ZDNet during Mobile World Congress Americas… Continue reading MWCA: ‘5G is a race that everybody should win’
MWCA: Fixed, non-standard 5G a ‘waste of time’, says AT&T CTO
AT&T CTO Andre Fuetsch has said his carrier did not want to “waste time or effort” on the deployment of non-standardised, fixed 5G unlike its competition, instead waiting for industry collaboration to come through ahead of launching a pure mobile 5G offering. Speaking with ZDNet in an interview during Mobile World Congress Americas (MWCA) in… Continue reading MWCA: Fixed, non-standard 5G a ‘waste of time’, says AT&T CTO