CHICAGO, June 16, 2023 /PRNewswire/ — The autonomous last mile delivery market is valued at USD 0.9 billion in 2023 and is projected to reach USD 4.2 billion by 2030, at a CAGR of 22.7% according to a new report by MarketsandMarkets™. The market for autonomous last mile delivery has experienced remarkable growth in recent years,… Continue reading Autonomous Last Mile Delivery Market worth $4.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
Tag: Autonomous
Global Automotive Artificial Intelligence Strategic Business Report 2023: The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles
DUBLIN, June 16, 2023 /PRNewswire/ — The “Automotive Artificial Intelligence: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Automotive Artificial Intelligence Market to Reach $14.8 Billion by 2030 In the changed post COVID-19 business landscape, the global market for Automotive Artificial Intelligence estimated at US$3.2 Billion in the year 2022, is projected… Continue reading Global Automotive Artificial Intelligence Strategic Business Report 2023: The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles
Elon Musk says Tesla’s market cap is directly tied to whether it solves autonomous driving
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, June 16, 2023. Chesnot | Getty Images Tesla CEO Elon Musk thinks the automaker’s market capitalization is directly tied to whether the automaker is able to solve autonomous driving,… Continue reading Elon Musk says Tesla’s market cap is directly tied to whether it solves autonomous driving
Autonomous Last Mile Delivery Market worth $4.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, June 16, 2023 /PRNewswire/ — The autonomous last mile delivery market is valued at USD 0.9 billion in 2023 and is projected to reach USD 4.2 billion by 2030, at a CAGR of 22.7% according to a new report by MarketsandMarkets™. The market for autonomous last mile delivery has experienced remarkable growth in recent years,… Continue reading Autonomous Last Mile Delivery Market worth $4.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
The Dawn Project and major Tesla investor to test Tesla Full Self-Driving in Santa Barbara on 22 June
SANTA BARBARA, Calif., June 16, 2023 /PRNewswire/ — Public safety advocacy group The Dawn Project has announced an event in collaboration with renowned Tesla investor Ross Gerber, President and CEO of Gerber Kawasaki Wealth and Investment Management. On June 22, 2023, Ross will join Dan O’Dowd, Founder of The Dawn Project, to discuss AI/Autonomous driving system safety and… Continue reading The Dawn Project and major Tesla investor to test Tesla Full Self-Driving in Santa Barbara on 22 June
SunTrax: Modern proving ground in Florida
After around six years of construction, the Florida Transportation Authority (FDOT) opened the SunTrax test site in Auburndale together with the Florida Turnpike operator. SunTrax extends over 192 acres on Braddock Road, just off the Polk Parkway. The test track consists of a 3.6-kilometer oval test track around an 80-hectare infield. The multi-lane route makes… Continue reading SunTrax: Modern proving ground in Florida
Musk: Tesla’s value is based primarily on vehicle autonomy
PARIS, June 16 (Reuters) – Tesla’s (TSLA.O) market value is essentially based on vehicle ‘autonomy’, said Tesla CEO Elon Musk on Friday, and Musk added that he “did not expect that Tesla would be at this level” regarding the company’s stock market value. “The value of the company is primarily on the basis of autonomy,”… Continue reading Musk: Tesla’s value is based primarily on vehicle autonomy
Baidu Launches Commercial Fully Driverless Ride-Hailing Service in Shenzhen, Expanding Nationwide Operations
– Baidu’s Apollo Go robotaxis will be allowed to operate across an area of 188 square kilometers in Shenzhen from 7 a.m. to 10 p.m. daily. – Baidu’s Apollo Go experiences remarkable growth with high user satisfaction. Having provided a total of more than 2 million rides by Q1 2023, Apollo Go is the world’s… Continue reading Baidu Launches Commercial Fully Driverless Ride-Hailing Service in Shenzhen, Expanding Nationwide Operations
Fernride Raises $31M in Series A Funding
Fernride, a Munich, Germany-based autonomous, electric trucking company, raised $31M in Series A funding. Backers included 10x Founders, Promus Ventures, Fly Ventures, Speedinvest, and Push Ventures along with corporate investors, such as HHLA Next, DB Schenker via Schenker Ventures and Krone. The company intends to use the funds to accelerate the transition towards automated and… Continue reading Fernride Raises $31M in Series A Funding
WiMi Hologram Cloud to Introduce A 3D-CNN-based Hologram Classification Algorithm
BEIJING, June 16, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of a 3D-CNN hologram classification algorithm based on deep learning. This technique uses a convolutional neural network and computer vision to build classifiers for classifying targets… Continue reading WiMi Hologram Cloud to Introduce A 3D-CNN-based Hologram Classification Algorithm