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Pony.ai
Pony.ai is an autonomous vehicle technology company co-located in Silicon Valley, Beijing, and Guangzhou. History The company was founded in December 2016 by James Peng and Tiancheng Lou who were formerly developers for Baidu in Silicon Valley. In April 2019, Pony.ai launched a pilot system covering in Guangzhou for employees and invited affiliates, serving pre-defined pick-up points. In November 2019, the company started a three-month trial in Irvine, California, with 10 cars and defined stops for pick-up and drop-off. In May 2021, California regulator, California Department of Motor Vehicles (DMV), gave Pony.ai permission to test six autonomous vehicles without human safety drivers on specified streets in Fremont, Milpitas and Irvine. The permit restricts operation to roads with speed limits not exceeding in clear weather and light precipitation. Testing was planned to start in Fremont and Milpitas on weekdays between 10 a.m. and 3 p.m. In June 2021, testing began in Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Self-driving Car Companies
A self-driving car, also known as an autonomous car, driver-less car, or robotic car (robo-car), is a car that is capable of traveling without human input.Xie, S.; Hu, J.; Bhowmick, P.; Ding, Z.; Arvin, F.,Distributed Motion Planning for Safe Autonomous Vehicle Overtaking via Artificial Potential Field IEEE Transactions on Intelligent Transportation Systems, 2022. Self-driving cars use sensors to perceive their surroundings, such as optical and thermographic cameras, radar, lidar, ultrasound/sonar, GPS, odometry and inertial measurement units. Control systems interpret sensory information to create a three-dimensional model of the surroundings. Based on the model, the car identifies appropriate navigation paths, and strategies for managing traffic controls (stop signs, etc.) and obstacles.Hu, J.; Bhowmick, P.; Jang, I.; Arvin, F.; Lanzon, A.,A Decentralized Cluster Formation Containment Framework for Multirobot Systems IEEE Transactions on Robotics, 2021. Once the technolog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robotaxi
A robotaxi, also known as robo-raxi, self-driving taxi or driverless taxi, is an autonomous car (SAE automation level 4 or 5) operated for a ridesharing company. Some studies have hypothesized that robotaxis operated in an autonomous mobility on demand (AMoD) service could be one of the most rapidly adopted applications of autonomous cars at scale and a major mobility solution in the near future, especially in urban areas, providing the majority of vehicle miles in the United States within a decade of their first introduction. Moreover, they could have a very positive impact on road safety, traffic congestion and parking. Robotaxis could also reduce pollution and consumption of energy, since these services will most probably use electric cars and for most of the rides, less vehicle size and range is necessary compared to individually owned vehicles. The expectable reduction of the number of vehicles means less embodied energy, however energy consumption for redistribution of e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Self-driving Car
A self-driving car, also known as an autonomous car, driver-less car, or robotic car (robo-car), is a car that is capable of traveling without human input.Xie, S.; Hu, J.; Bhowmick, P.; Ding, Z.; Arvin, F.,Distributed Motion Planning for Safe Autonomous Vehicle Overtaking via Artificial Potential Field IEEE Transactions on Intelligent Transportation Systems, 2022. Self-driving cars use sensors to perceive their surroundings, such as optical and thermographic cameras, radar, lidar, ultrasound/sonar, GPS, odometry and inertial measurement units. Control systems interpret sensory information to create a three-dimensional model of the surroundings. Based on the model, the car identifies appropriate navigation paths, and strategies for managing traffic controls (stop signs, etc.) and obstacles.Hu, J.; Bhowmick, P.; Jang, I.; Arvin, F.; Lanzon, A.,A Decentralized Cluster Formation Containment Framework for Multirobot Systems IEEE Transactions on Robotics, 2021. Once the technol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiancheng Lou
Tiancheng Lou (; born 1986) is a Chinese businessman who is the co-founder and chief technology officer of Pony.ai, an autonomous vehicle technology company. He is also a competitive programmer whose achievements include winning the Google Code Jam twice in 2008 and 2009, winning the TopCoder Open Marathon in 2015 and being a gold medalist at the 2004 International Olympiad in Informatics, coming third overall. In terms of prize money won in major competitions, Lou is currently the most successful competitive programmer from China. In 2017, Lou was included in the Innovators Under 35 list by MIT Technology Review magazine. In 2022, Business Insider named him as one of the 35 under 35 rising stars of the autonomous-vehicle industry. Early life and education Lou was born in 1986 in Jinan, Shandong province. When he was in sixth grade of primary school, he moved to Hangzhou, Zhejiang province due to his parents' work. Both of his parents worked at Zhejiang University where ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Unicorn Startup Companies
This is a list of unicorn startup companies. In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more, across technology centers throughout the world. Notable lists of unicorn companies are maintained by ''The Wall Street Journal'', ''Fortune Magazine'', CNNMoney/ CB Insights, TechCrunch, PitchBook/Morningstar, and Tech in Asia. History List Unicorns are concentrated in developed and some developing global regions, including a few dozen countries. As per CB Insights, as on October 7, 2022 the number of unicorn startups in some of the developed and developing countries were as follows: US (644), China (302), India (108), UK (46), Germany (29), France (24), Israel (22), Canada (19), Brazil (16), South Korea (16), Singapore (13), Indonesia (11), Australia (8), Mexico (8), Sweden (8), Hong Kong (7), Netherlands (7), Ireland (6), Japan (6), Switzerland (6), Norway (5), Spain (4), Belgium (3), Turkey (3), UAE (3), Austria (2) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DCM Ventures
DCM (also known as DCM Ventures) is a venture capital firm located in Silicon Valley, Tokyo and Beijing. It has approximately $4.2 billion under management. DCM was the first Silicon Valley firm to invest in the early-stage technology sector in China, beginning in 1999. Since 2019, DCM has had seven initial public offerings, which include Bill.com (NYSE: BILL), BlueCity (NASDAQ: BLCT), Freee (TYO: 4478), Life360 (ASX: 360), Sansan (TYO: 4443), UCloud (SHA: 688158), and VisasQ (TYO: 4490). DCM has over $200 billion in enterprise value. History DCM (formerly Doll Capital Management) was co-founded in 1996 as an investment firm targeting early-stage companies by David Chao and Dixon Doll. It now has operations in Silicon Valley, Tokyo and Beijing. The company has mostly invested in start-ups in the U.S., China, Japan and South Korea but does have additional investments in Europe, the Middle East and Latin America. DCM general partners include David Chao and Jason Krikorian in the U. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
5Y Capital
5Y Capital () is a Shanghai-based venture capital firm founded in 2008. It was previously known as Morningside Venture Capital before it rebranded in October 2020. Background 5Y Capital was founded in 2008 by Ken Shi and Richard Liu under the name, Morningside Venture Capital. Prior to founding the firm, Liu and Shi worked as investment professionals at the Morningside Group, a family office founded in 1986 by Gerald Chan and his family. The Chan family currently runs the Hang Lung Group in Hong Kong. As a gesture of support, Morningside Group authorized the firm to use the ‘Morningside’ brand in its operations as well as being a key investor in the firm. In October 2020, the firm rebranded to 5Y Capital. The name comes from 'Wuyuan Road' which is the street where the firm has been headquartered since its inception. 5Y Capital focuses on early-stage venture investments in different sectors. 5Y Capital is headquartered in Shanghai with additional offices in Beijing, She ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baidu
Baidu, Inc. ( ; , meaning "hundred times") is a Chinese multinational technology company specializing in Internet-related services and products and artificial intelligence (AI), headquartered in Beijing's Haidian District. It is one of the largest AI and Internet companies in the world. The holding company of the group is incorporated in the Cayman Islands. Baidu was incorporated in January 2000 by Robin Li and Eric Xu. The Baidu search engine is currently the sixth largest website in the Alexa Internet rankings. Baidu has origins in RankDex, an earlier search engine developed by Robin Li in 1996, before he founded Baidu in 2000. Baidu offers various services, including a Chinese search engine, as well as a mapping service called Baidu Maps. Baidu offers about 57 search and community services, such as Baidu Baike (an online encyclopedia), Baidu Wangpan (a cloud storage service), and Baidu Tieba (a keyword-based discussion forum). Baidu Global Business Unit (GBU) is respo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apolong
The Apolong (), sometimes referred to as the Baidu Apollo project, is a driverless vehicle developed by Baidu, Kinglong and a consortium of more than 40 companies. The Level 4 microcirculation Apolong bus commenced mass production in 2017. It is manufactured by a consortium consisting of Baidu, Kinglong and SB Drive (a subsidiary of Softbank). The driverless bus does not have a steering wheel, accelerator or brake, travels at speeds of 20 to 40 km/h and is able to sense and predict movement of pedestrians and vehicles in its vicinity. It uses Apollo 3.0, Baidu's open source driverless operating platform. The name ''Apollo'' is an English version of the Chinese name for the bus "Apolong". History In 2013, Baidu commenced development of autonomous driverless vehicles, through the baidu research institute. This project gradually expanded to including 10,000 developers working on an open platform, and more than 50 partners across the world, including Intel, BMW, Benz, Kinglong an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special-purpose Acquisition Company
A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process and the associated regulations thereof. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the United States, SPACs are registered with the SEC and considered publicly-traded companies; the general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds". The majority of companies pursuing SPACs do so on the Nasdaq or New York Stock Exchange in the United States, althoug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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