Since early 2017, there’s been a new trend in the U.S. where a number of Asian funds have been actively involved in early-stage crypto investing. Many folks in traditional tech have not heard of them before, but these funds will only be growing more important as cryptocurrency and blockchain solidify their position in the American […]
View More Cryptocurrency and blockchain bring Asia funds to the forefront of U.S. techCategory: Baidu
Gaming in Asia may be crypto’s killer dApp
As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app” that drives adoption for these nascent technologies? The answer may well be quite simple: gaming in Asia. That’s the theory for Cryptokitties, the notable purveyor of cute cats. The company has […]
View More Gaming in Asia may be crypto’s killer dAppY Combinator is launching a startup program in China
U.S. accelerator Y Combinator is expanding to China after it announced the hiring of former Microsoft and Baidu executive Qi Lu who will develop a standalone startup program that runs on Chinese soil. Shanghai-born Lu spent 11 years with Yahoo and eight years with Microsoft before a short spell with Baidu, where he was COO and […]
View More Y Combinator is launching a startup program in ChinaChinese Tesla rival Nio files to raise $1.8 billion in US IPO
Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online automotive services platform Bitauto. The company is backed by Chinese […]
View More Chinese Tesla rival Nio files to raise $1.8 billion in US IPOChinese tech stocks tumble from more than just trade tensions
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Reports of trade tensions between China and the US in the past few months have been hard to ignore. In early July, the US imposed $34 billion on Chinese goods, prompting the Shenzhen Component Index, dominated by technology and […]
View More Chinese tech stocks tumble from more than just trade tensionsDaimler deepens ties with China’s Baidu on automated driving
Daimler, the owner of the Mercedes-Benz brand, and China’s Baidu are expanding their partnership with plans to cooperate more closely on automated driving and connectivity services in the German automaker’s vehicles. The two companies have signed an agreement to collaborate in these two areas, specifically with Baidu’s Apollo program, an open-source autonomous driving platform. Both companies said […]
View More Daimler deepens ties with China’s Baidu on automated drivingDaimler can now test self-driving cars on public roads in Beijing
Daimler has been granted a license to test self-driving vehicles on public roads in Beijing, making it the first international automaker to receive such permission. The owner of the Mercedes-Benz brand was given the test permit by the Chinese government after extensive closed-course testing, the company said in a statement, adding that it marks a […]
View More Daimler can now test self-driving cars on public roads in BeijingBaidu and Softbank’s SB Drive are bringing an autonomous bus service to Japan
Chinese search engine giant Baidu have partnered with Softbank subsidiary SB Drive and manufacturer King Long to deploy a self-driving mini bus service to Japan early next year. The agreement was announced at Create Baidu, the company’s annual AI developer conference in Beijing. Under the agreement, a version of Baidu’s Apolong autonomous mini bus will be […]
View More Baidu and Softbank’s SB Drive are bringing an autonomous bus service to JapanBaidu just made its 100th autonomous bus ahead of commercial launch in China
Baidu is preparing to launch a driverless service in China — and elsewhere — with another update to its Apollo autonomous driving platform and the mass production of Apolong, an autonomous mini bus that seats up to 14 people. Baidu made the announcements at Baidu Create 2018, the company’s annual AI developer conference. Baidu has […]
View More Baidu just made its 100th autonomous bus ahead of commercial launch in ChinaTelevision content creation in China
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View More Television content creation in ChinaBaidu and Ford China team up to bring AI and connectivity to the driving experience
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 […]
View More Baidu and Ford China team up to bring AI and connectivity to the driving experienceIsraeli autonomous technology developer Innoviz is entering China’s car market
Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership with the Chinese automotive supplier HiRain Technologies. From offices in Beijing, Chicago, Detroit, Shanghai, Tianjin HiRain serves as a global supplier to some of China’s […]
View More Israeli autonomous technology developer Innoviz is entering China’s car market