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Posts Tagged ‘Volvo’

Baidu’s video site iQiyi adds 37M subscribers in 2018 amid mounting losses

China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from rivals. The company’s latest financial results show its video streaming business iQiyi posted a net loss of 9.1 billion yuan or $1.3 billion in 2018, ...

Toyota’s new car subscription company Kinto is gamifying driving behavior

Toyota has officially launched Kinto, a company first revealed late last year that will manage a car subscription program and other mobility services in Japan, including the sale and purchase of used vehicles as well as automotive repair and inspection. Kinto is jointly funded by Toyota Financial Services, a wholly owned subsidiary of Toyota, and Sumitomo Mitsui ...

Audi, Mobileye, Waymo, other top automakers unite to spread the self-driving gospel

The self-driving vehicle evangelists are uniting. A number of major automakers, technology companies and organizations with a stake in autonomous vehicles, including Audi, Aurora, Cruise, GM, Mobileye, Nvidia, Toyota, Waymo and Zoox has formed a coalition to spread the word about advanced vehicle technologies and self-driving vehicles. Their message: this tech can transform transportation and ...

China’s Baidu says its answer to Alexa is now on 200M devices

A Chinese voice assistant has been rapidly gaining ground in recent months. DuerOS, Baidu’s answer to Amazon’s Alexa, reached over 200 million devices, China’s top search engine announced on its Weibo official account last Friday. To put that number into context, more than 100 million devices pre-installed with Alexa have been sold, Amazon recently said. Voice ...

Volvo Trucks teases the all-electric semi truck it’s bringing to California in 2019

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electric plans in the state. The attraction to California is no accident. The state has set aggressive targets to improve air quality and reduce ...

Baidu hits the gas on autonomous vehicles with Volvo and Ford deals

China’s search engine giant Baidu is continuing its partnership spree for Apollo, its open development platform for autonomous driving, after it inked a deal with Swedish automaker Volvo to develop level four self-driving passenger cars. “Autonomous driving has been our dream, but it’s coming true,” said Li Zhenyu, vice president and general manager of Baidu’s ...

Toyota invests $500 million into Uber

Toyota is investing $500 million into Uber. Under the agreement, Toyota vehicles will be equipped with Uber’s self-driving technology, an unnamed source familiar with the deal told TechCrunch. The investment was first reported by the WSJ. TechCrunch confirmed the Toyota-Uber agreement with a source familiar with the deal. Uber declined to comment on the deal. ...