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Techstars and Starburst Aerospace are launching a space industry accelerator in Los Angeles

sudshr47 February 12, 2019

With the help of NASA’s Jet Propulsion Lab, the U.S. Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace are launching an accelerator focused on the space industry in Los Angeles. Already a major hub for the space and aerospace startup industry, with companies like SpaceX, Relativity […]

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Tencent moves into automotive with $150M joint venture

sudshr47 January 31, 2019

China’s internet firms are getting pally with giant state-owned automakers as they look to deploy their artificial intelligence and cloud computing services across traditional industries. Ride-hailing startup Didi Chuxing, which owns Uber China, announced earlier this week a new joint venture with state-owned BAIC. Hot on the heels came another entity set up between Tencent and the […]

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what3words raisesfundsfrom saicandf1driver

sudshr47 June 28, 2018

What3words, a startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned three words to each one, has disclosed three new investors all from the automotive world. What3words announced Thursday that the venture arm of China’s largest auto group SAIC Motor, Formula 1 champion Nico Rosberg, and audio and navigation […]

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Intel and Mobileye partner with China’s SAIC on self-driving

sudshr47 January 9, 2018

Intel is making strides with its China business in the automotive and autonomous driving industry, with new partnerships announced today at CES 2018 with Chinese automaker SAIC, and also with the leading navigational map player in China, called N…