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Artificial Neural Networks have reached ‘Grandmaster’ and even ‘super-human’ performance’ across a variety of games, from those involving perfect-information, such as Go ((Silver et al. (2016)); to those involving imperfect-information, such as ‘Starcraft’ (Vinyals et al. (2019)). Such technological developments from AI-labs have ushered concomitant applications across the world of business, where an ‘AI’ brand-tag is fast becoming ubiquitous. A corollary of such widespread commercial deployment is that when AI gets things wrong - an autonomous vehicle crashes; a chatbot exhi...

Horizon Robotics considers Hong Kong IPO next year Chinese AI chip startup Horizon Robotics is reported to be considering an initial public offering (IPO) ... Alibaba, Artificial Intelligence, Baidu, Beijing, France, Hangzhou, Hong Kong, Horizon Robotics, japan, Microsoft, startup, United States

Total0 Xiaomi acquires Chinese autonomous driving solution provider DeepMotion Xiaomi Inc. has recently acquired Chinese autonomous driving technology company DeepMotion and as many as more than 20 people in the startup would join in the Chinese leading smart phone maker. This will help Xiaomi initially complete management vacancies of various autonomous driving technology modules and may lay foundation for Xiaomi’s autonomous driving technology research and development. Xiaomi’s public relations team stated that it is not clear about the acquisition, and DeepMotion didn’t respond the r...

Total0 Manbang Group may plan to file for U.S. IPO as early as this week Chinese Uber-like truck logistics unicorn Manbang Group plans to file for a U.S. IPO as early as this week. According to people familiar with the matter, Manbang Group may raise approximately US$1.5 billion through this IPO, and its valuation will be between US$20 billion and US$30 billion. Manbang Group was formed by the merger of two truck service platforms, Yunmanman and Huochebang in 2017. In November last year, the group initially raised US$1.7 billion from investors such as Tencent Holdings. Nio will provide smart ...

Total5 Lalamove Launched new energy truck manufacturing project Lalamove has launched a new energy truck manufacturing project to create a closed-loop of logistics chain and the "digital intelligentization" of trucks. Currently, the Hong Kong-based on-demand logistics company has begun recruiting talents in the manufacturing of new energy trucks. Lalamove completed a US$515 million series E round financing in December last year. At the beginning of this year, it was reported to raise US$1.5 billion in Series F round financing, with a valuation of US$10 billion. Airwallex obtains EMI license i...