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SoftBank’s Vision Fund seeking to invest $1 billion in China’s AI startup

SoftBank Vision Fund is trying to put nearly $1 billion in China’s AI startup, SenseTime Group Ltd. SoftBank Group Corp., and SenseTime are still concluding the terms of the deal and the details could change. The organization has officially declared two other subsidizing rounds this year as it raised more than $1.2 billion. SenseTime, a […]

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Top-ranked automotive brand Genesis revealed G70 sedan car

Top ranked automotive brand Genesis revealed G70 sedan car

Genesis ranked in the top automotive brand’s list by Consumer Reports and again topped in JD Power’s Initial Quality overview in June. Industry specialists AutoPacific also ranked Genesis on top in vehicle satisfaction. Genesis is a young and still less known sedan car brand, with an entangled history, that is as of now going through

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China’s electric scooter startup Niu said to plan $300 million IPO

Niu, the Chinese startup that sells smart electric scooters with presence in 27 nations, is seeking public offering of stocks that could raise about $300 million. Established in 2014, Niu is working with guides on the potential IPO. Niu is planning about posting partakes in the U.S. this year. Arrangements for the deal are at

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Apple announced to invest $350 billion into the US economy

Apple announced to invest $350 billion in the US economy

Apple made a large number of declarations about its interest in and commitment to the U.S. economy to some degree on account of the new tax law. Apple will invest $350 billion in the US economy over the course of the following 5 years. The organization also promised to make 20,000 new employments and open another campus

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JPMorgan Chase invests in the AI startup Volley

JPMorgan Chase invests in the AI startup Volley

JPMorgan Chase & Co has come into news highlights, with their deliberate investment in Volley.com, a Silicon Valley AI startup, which exploits artificial intelligence (AI) to help large corporate organizations in spontaneously generating training content for their employees. Joseph Infozino, Head of learning platforms at JPMorgan Chase, said in a statement, “Volley’s innovative technology to

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Goldman Sachs Group Inc. reshaping strategy as Solomon confirmed as new CEO

Goldman Sachs reshaping strategy as Solomon confirmed as the new CEO

Goldman Sachs Group Inc. is pressing ahead with its new business strategy following an uneven second-quarter execution and a possible preview of difficulties approaching Chief Executive, David Solomon as he will hold the position of CEO. The bank affirmed that Solomon will take control from Lloyd Blankfein, who has held the position of CEO for 12 years.

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Macau Opens Major VR Gaming Facility

Macau Opens Major VR Gaming Facility

Virtual reality gets a lot of attention for having spread its influence beyond gaming over the past two years. It’s also been interesting, however, to see it spread out more within the realm of gaming. Most notably (though perhaps predictably), VR has been welcomed into the world of casino entertainment. This started with a few

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benefits of using ERP systems

6 proven benefits of using ERP systems for small businesses

SMBs in the manufacturing sector keep facing several challenges to stay competitive and relevant. They have to drive and demonstrate value to their business out of limited time, resources, skills, and budget. Things turn out the more cumbersome when the business has less involvement of technologies in the execution of its processes and operations. Many

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CATL will receive $420 million from BMW Brilliance.

CATL will receive $420 million from BMW Brilliance.

BMW Brilliance Automotive Ltd. intends to source 2.8 billion Yuan ($420 million) worth of battery cells from the Chinese battery producer, Contemporary Amperex Technology Ltd. (CATL) throughout the following couple of years. BMW is importing crude materials for the cells itself, to pass to the battery producers, specifically cobalt, and is at present arranging long term contracts with leading battery

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Mist and Shopper Media Group Partner to provide AI Services in Shopping Center

Mist and Shopper Media Group Partner to provide AI Services in Shopping Center

Mist, the pioneer in self-learning networks powered by Artificial Intelligence (AI), announced that it has partnered with Shopper Media Group, Australia’s fastest-growing retail out-of-home (OOH) media business. Using Mist, Shopper Media Group will offer superior Wi-Fi, analytics and location-based services across the company’s portfolio of Australian shopping centers. AI powered Wi-Fi, Analytics and Location Services

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