Volkswagen Group expands its activities for Intelligent Transport Systems (ITS)

The Volkswagen Group is presenting its activities in the intelligent transport of people and goods at the 25th ITS World Congress in Copenhagen (17 – 21 September 2018). As a member of ERTICO – ITS Europe, a network of more than 100 partners, the Group and its brands are partnering actively with cities to implement… Continue reading Volkswagen Group expands its activities for Intelligent Transport Systems (ITS)

The BMW Vision iNEXT. Future focused.

iNEXT– the building blocks for the future of the BMW Group.At the BMW AG Annual General Meeting in May 2018, Harald Krüger, Chairman of the Board of Management at the BMW Group, described iNext as follows: “The iNEXT project will provide our building blocks for the future, from which the entire company and all of… Continue reading The BMW Vision iNEXT. Future focused.

BMW drives to cut battery costs, share costs on autonomous vehicles -exec

NEW YORK, Sept 15 (Reuters) – German luxury vehicle maker BMW AG plans more deals with mining companies to secure electric vehicle battery materials, and is open to forming alliances to share the costs of developing autonomous-vehicle systems, the automaker’s research and development chief told Reuters. BMW management board member Klaus Froehlich said automakers and… Continue reading BMW drives to cut battery costs, share costs on autonomous vehicles -exec

A message from the new CEO of comma.ai

A message from the new CEO of comma.ai Earlier this week, George Hotz, founder and former CEO of comma.ai, became the Head of Research Team and promoted me, Riccardo Biasini, from VP of Quality to CEO. Before joining comma, I received my master’s degree in automotive engineering from the University of Pisa, Italy, in 2010. I… Continue reading A message from the new CEO of comma.ai

BMW Group and Swiss Re develop ground-breaking car insurance concept

Munich. The BMW Group and Swiss Re, one of the world’s largest reinsurance companies, are working together to develop a vehicle-specific insurance rating that primary insurers worldwide can use to calculate car insurance premiums: The innovative assessment system takes integration of safety-relevant driver assistance systems into account. The automotive sector is in a period of… Continue reading BMW Group and Swiss Re develop ground-breaking car insurance concept

Baidu sets its sights on taking A.I. and self-driving cars outside China

Baidu sets its sights on taking A.I. and self-driving cars outside China

Online search provider Baidu — referred to as the Google of China — has been expanding aggressively into cutting edge technology such as artificial intelligence and autonomous vehicles.

The Chines tech titan is one of the largest internet companies in the world with a strong user base, thanks in no small part to China's massive population of 1.4 billion people.

About 70 percent of China's internet searches go through Baidu. The Chinese-language search platform is one of the most visited websites in the world, with its traffic surpassed only by Google, YouTube and Facebook, according to Alexa Internet, which measures web data and analytics.

Most of Baidu's revenue comes from online advertising. While its primary business is its search engine, it also offers maps, images, videos and news platforms to users. It's also a majority stakeholder in iQiyi, widely referred to as the Netflix of China.

But like other Chinese internet firms, Baidu is subject to Beijing's strict online censorship laws. The government has fined companies, including Baidu, for failing to properly censor content on its platforms.

Baidu is also investing heavily into its autonomous vehicle projects and has formed partnerships with the likes of Microsoft and Intel, and carmakers BMW, Ford and Daimler.

Leading the charge in China's push for driverless technology, Baidu has already developed and produced more than 100 self-driving buses. The autonomous vehicles will soon be deployed to the streets of Beijing and Shenzhen, and are due to enter Japan's self-driving market in early 2019.

The company has set its sights on markets outside China. It's next move would be to take its AI and self-driving technology to foreign markets, bringing it one step closer to becoming a global tech titan.

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