Nvidia to acquire autonomous vehicles’ mapping startup DeepMap

Chip-maker Nvidia is acquiring DeepMap, a startup dedicated to building high-definition maps for autonomous vehicles (AV), for an undisclosed sum. DeepMap was founded five years ago by Wu and Mark Wheeler, veterans of Google, Apple and Baidu, among other companies. The US-based company has developed a high-definition mapping solution that has already been validated by…

How Will HCA Healthcare & Google Partnership Improve Next Generation Healthcare?

HCA Healthcare recently announced a new multiyear strategic partnership with Google Cloud focused on analytics-driven process improvement and digital transformation. Financial terms of the deal were not disclosed. Why It Matters The partnership between the cloud giant and Nashville-based HCA, with its 186 hospitals and 2,000 ambulatory sites nationwide, is aimed at building “next generation…

Tesla Full Self-Driving May Go To Wide Public Release By July

Tesla’s Full Self-Driving (FSD) software may go public before July, Elon Musk said on Twitter on Wednesday (US time). Tesla released its FSD beta program in late 2020, and when it is released publicly it is expected to allow a Tesla car to drive with almost no interventions – although a driver must pay attention…

Drone Startup Skydio Hits $1 Billion Valuation

Skydio, a drone startup cofounded by former MIT and Google unmanned aircraft scientists, has become the latest member of the unicorn club of $1 billion-valued businesses. It comes after a $170 million Series D round led by Andreessen Horowitz, taking the company’s total funding to $340 million. Based in Redwood City, California, Skydio has built…

Toyota, Denso Team With Aurora On Self Driving Cars For Uber

Toyota Motor Corp and longtime supplier partner Denso Corp will team up with self-driving car startup Aurora to develop and build autonomous minivans for ride hailing networks, the companies said on Tuesday. The deal gives San Francisco-based Aurora a clearer path to profitability as it competes with Alphabet Inc’s Waymo, General Motors Co’s majority-owned Cruise…

Ford And Google Sign Six-Year Deal For In Car Connectivity And Cloud Services

Ford and Google are entering a six-year deal that will make the tech giant responsible for much of the automaker’s growing in-vehicle connectivity. Google will also provide cloud computing and other technology services. The partnership announced Monday is designed to streamline Ford’s operations and accelerate an ongoing $11 billion restructuring plan. It marks a major…

Facebook Sets Up Libra Networks in Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide financial and…

Blockchain Is Making Waves In Media And Entertainment

Last January I wrote about how blockchain could make waves in media and entertainment in 2018. Here is an update, based on my own research, participation in conferences, and research by others. It is timely as last week we saw cryptocurrency bitcoin, the most popular application of blockchain technology, stumble below the $4,000 price floor…

Google Is Quietly Working on a Successor to Android : Project Fuchsia

For more than two years, a small and stealthy group of engineers within Google has been working on software that they hope will eventually replace Android, the world’s dominant mobile operating system. As the team grows, it will have to overcome some fierce internal debate about how the software will work. The project, known as…

China’s Payment Apps Give U.S. Bankers Nightmares

Wandering the streets of Shanghai to admire the architecture, the head of one of the largest U.S. consumer banks recently found himself surrounded by a gaggle of teenagers. Entranced by their phones, they hardly made way for the banker. The teens were messaging, shopping and sending money back and forth, all without cash. Instead, they…

Microsoft and Google Trying to Catch Amazon in the Cloud

It’s hard to think of a business Amazon.com Inc. dominates as convincingly as the market for cloud computing services. Andy Jassy, chief executive officer of the company’s cloud division, Amazon Web Services Inc., likes to brag that his outfit has several times as much business as the next 14 providers combined. Amazon’s next-largest cloud competitor,…