Arbe and Weifu Group Announce Strategic Cooperation with DiDi Global’s KargoBot, Empowering Safety for L4 Autonomous Trucks

The Three Parties Established a Cooperation Platform in China to Jointly Promote the R&D and Commercial Application of 4D Imaging Radar for Autonomous Driving TEL AVIV, Israel, April 28, 2023 /PRNewswire/ — Arbe Robotics Ltd. (NASDAQ: ARBE) (“Arbe”), a global leader in perception radar solutions, today announced that Arbe and Weifu High-Technology Group signed a strategic… Continue reading Arbe and Weifu Group Announce Strategic Cooperation with DiDi Global’s KargoBot, Empowering Safety for L4 Autonomous Trucks

Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’

Ark Invest, arguably Tesla’s biggest bull with a $2,000 price target on the TSLA stock, put together a weighted average prediction for when Tesla would launch its robotaxi service. Recently, Tesla has made it clear that it is virtually betting the house on self-driving. CEO Elon Musk even went as far as to say that… Continue reading Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’

Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium

Dr. Cho elaborated on the “mobility platform provider” strategy at the 44th Vienna International Motor Symposium.  He presented the business expansion strategy being applied on new growth areas, such as UAM, robotics, and PBVs. Dr.  Cho said, “Advancement of the mobility technology will improve the quality of life and values of people.” VIENNA and SEOUL,… Continue reading Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium

Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium

Dr. Cho elaborated on the “mobility platform provider” strategy at the 44th Vienna International Motor Symposium. He presented the business expansion strategy being applied on new growth areas, such as UAM, robotics, and PBVs. Dr. Cho said, “Advancement of the mobility technology will improve the quality of life and values of people.” VIENNA and SEOUL,… Continue reading Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium

Japanese manufacturing leader Musashi Seimitsu and Israeli AI innovation powerhouse SIXAI partner for global launch of Industry 4.0 solutions

Musashi Seimitsu and SIXAI partner to combine Japanese industrial experience and Israeli innovation. 634AI deploys its MAESTRO platform globally with one of the largest autonomous robot orders and Musashi AI launches global rollout of visual inspection robot for automakers. NEVE ILAN, Israel and TOYOHASHI, Japan, April 25, 2023 /PRNewswire/ — 634AI, the Israeli developer of an… Continue reading Japanese manufacturing leader Musashi Seimitsu and Israeli AI innovation powerhouse SIXAI partner for global launch of Industry 4.0 solutions

Japanese manufacturing leader Musashi Seimitsu and Israeli AI innovation powerhouse SIXAI partner for global launch of Industry 4.0 solutions

Musashi Seimitsu and SIXAI partner to combine Japanese industrial experience and Israeli innovation. 634AI deploys its MAESTRO platform globally with one of the largest autonomous robot orders and Musashi AI launches global rollout of visual inspection robot for automakers. NEVE ILAN, Israel and TOYOHASHI, Japan, April 25, 2023 /PRNewswire/ — 634AI, the Israeli developer of an… Continue reading Japanese manufacturing leader Musashi Seimitsu and Israeli AI innovation powerhouse SIXAI partner for global launch of Industry 4.0 solutions

SparkCognition Government Systems (SGS) Defense Event Brings Together Global Leaders to Showcase AI Use in Modern Warfare

CTO at U.S. CDAO, CTO of U.S. Central Command, Defense Cyber Chief of Singapore, Former U.S. Deputy Secretary of Defense, and more gather to discuss AI, ChatGPT, computer vision, and autonomy as a deterrent to conflict. AUSTIN, Texas, April 27, 2023 /PRNewswire/ — SparkCognition Government Systems (SGS), a provider of trusted artificial intelligence (AI) solutions… Continue reading SparkCognition Government Systems (SGS) Defense Event Brings Together Global Leaders to Showcase AI Use in Modern Warfare

Visteon Announces First-Quarter 2023 Results

VAN BUREN TOWNSHIP, Mich., April 27, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported first quarter financial results. Highlights include: Sales of $967 million, up 22%1 from prior year 16th consecutive quarter of growth-over-market Net income of $34 million Adjusted EBITDA of $99 million or 10.2% of sales $1.5 billion in new business… Continue reading Visteon Announces First-Quarter 2023 Results

Japan: Autonomous truck test begins

A test run of a self-driving truck has begun on a highway near Tokyo. The test for autonomous truck rides is an important prerequisite for the automated transport of goods. A legislative change that came into force this month in Japan allows autonomous vehicles to operate under certain conditions. [embedded content] The test project is… Continue reading Japan: Autonomous truck test begins