Baidu and Ford China team up to bring AI and connectivity to the driving experience
Posted on 27th June 2018 |
.jpg) |
| China’s Baidu continues to make inroads in the automotive space after it inked an agreement with Ford China that will see the two companies work together to make the driving experience smarter in China. The two companies have collaborated before, most notably by jointly investing $150 million into LiDAR sensors startup Velodyne, and this China initiative will bring help technologies like connectivity, artificial intelligence and digital marketing into the car. That will include a new in-vehicle system and services that are based on Baidu’s DuerOS Ai platform, which in turn is part of Baidu’s Apollo platform aka ‘the Android for cars’; it counts Ford as a founding member. Some of the more notable features of Duer in the car include voice recognition, natural language understanding and image recognition. In addition, the duo will establish “a joint connectivity lab to investigate innovation opportunities across their automotive and mobility businesses in China.” In particular, that will focus on cloud-based services which include AI and potential integrations with Transportation Mobility Cloud (TMC) which is being developed by Ford subsidiary Autonomic. |
|
|
|
|
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019 |
.jpg) |
Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
|
|
Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019 |
.jpg) |
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
|
|
LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019 |
.jpg) |
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
|
|
Apollo Hospitals rules out further stake sale
Posted on 13th September 2019 |
.jpg) |
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
|
|
World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019 |
.jpg) |
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
|
|
|
|
| Be the first person to write a business review for Baidu and Ford China team up to bring AI and connectivity to the driving experience |
|
|
|
