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Total0 WeRide, a Chinese L4 autonomous driving company, today announced the acquisition of MoonX.AI, an autonomous trucking startup in China. The transaction will help accelerate WeRide’s strategic development in autonomous driving technology, product innovation, commercial applications, and talent pool. Dr. Qingxiong Yang, Founder and CEO of MoonX.AI, will serve as vice president of WeRide and dean of WeRide Research Institute and bring over 50 experienced engineers from MoonX.AI to join WeRide. Established in June 2018, MoonX.AI is focused on transforming the freight industry through auto...

Share: SAN JOSE, Calif., Dec. 14, 2020 (GLOBE NEWSWIRE) -- EyeWay Vision Ltd., an Israeli company developing a wearable augmented reality (AR) platform, today announced the formation of subsidiary company EyeWay Vision Inc. ("EVI") in Silicon Valley, with Google exec and renowned AR/VR expert Dr. Nikhil Balram as CEO. Located in San Jose, EVI will focus on bringing to market products based on advanced immersive AR technology developed by EyeWay over the past six years. The market for virtual and augmented reality is forecast to reach more than $67 billion globally by 2024, according to AR/V...