Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.
Amazon snaps up option to buy stake in AI truck-driving startup
Amazon.com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and has acquired the option to buy a stake of as much as 20 per cent, Plus said in a regulatory filing, confirming an earlier Bloomberg report.
PwC announces US$12 billion investment, creating over 100,000 new jobs
PwC has announced a US$12 billion investment over the next five years which will create over 100,000 new jobs while expanding its expertise in areas such as ESG and AI. Bob Moritz, Global Chairman of PwC International, talks about the strategy behind this move. He also gives his insight on what workplaces could look like post-pandemic, saying it will be important for businesses to focus on their employees as he expects turnover to increase with workers reevaluating their jobs.
After the COVID-19 pandemic turned travel demand upside down, Uber Technologies Inc. decided to hit the brakes on its six-year-old self-driving car venture, selling it to Silicon Valley startup Aurora.
WOMBO CEO on app that allows people to easily make deepfakes on their iPhone
WOMBO is a lip-syncing app that has been downloaded 49-million times since launching earlier this year. Investors include Ashton Kutcher's venture capital firm. Ben-zion Benkhin, co-founder and CEO of WOMBO joins BNN Bloomberg to discuss the popular app, and why Canada is a good location for AI development.
Apple loses several top managers from self-driving car division
Apple Inc. has lost multiple top managers of its self-driving car team in recent months, a sign of attrition at the division involved in what could become an important future product.
South Korea Wants China to Crack Down on ‘Illegal’ Trawlers
May.24 -- Chinese fishing is increasing security risks near South Korea’s tense nautical border, according to a top cabinet member in Seoul. In an exclusive interview with Bloomberg, South Korean Minister of Oceans and Fisheries Moon Seong-hyeok said illegal fishing must be completely eradicated, pledging to deploy advanced technology.
May.10 -- Kerry Craig, global market strategist at JPMorgan Asset Management, discusses the investment opportunities he sees. He also talks about Australia's budget and its implications for the country's markets with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Apple hires scientist Bengio, who left Google in wake of AI woes
Apple Inc. said it hired Samy Bengio, a respected research scientist who ended his 14-year career at Google after the company made the controversial decision to oust two women researchers who reported to him.
Lyft to sell self-driving unit in US$550 million Toyota deal
Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.