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Robotic Automations

HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest | TechCrunch

November 28, 2024 11:08 AM0


According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]

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Software Development in Sri Lanka

Robotic Automations

A Chinese lab has released a 'reasoning' AI model to rival OpenAI's o1 | TechCrunch

November 20, 2024 10:40 PM0


A Chinese lab has unveiled what appears to be one of the first “reasoning” AI models to rival OpenAI’s o1. On Wednesday, DeepSeek, an AI research company funded by quantitative traders, released a preview of DeepSeek-R1, which the firm claims is a reasoning model competitive with o1. Unlike most models, reasoning models effectively fact-check themselves […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Former TuSimple co-founder urges courts to block asset transfer to China | TechCrunch

November 19, 2024 12:53 AM0


Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Former TuSimple co-founder urges courts to block asset transfer to China | TechCrunch

November 16, 2024 5:17 AM0


Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

DeepRoute raises $100M in push to beat Tesla’s FSD in China | TechCrunch

November 14, 2024 12:27 AM0


DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from Great Wall Motor. The startup aims to get its automated driving systems into as many vehicles in China before Tesla takes off next year, according to a Reuters report. DeepRoute did not publicly disclose the name of its automaker backer, but reports in the […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

US finalizing rules to ban certain investments in AI tech in China | TechCrunch

November 4, 2024 11:28 PM0


President Joe Biden’s administration says it’s finalizing rules to curb investments in AI and other tech sectors in China, Reuters reports. The rules, which were first proposed in June by the U.S. Treasury and directed by an executive order President Biden signed in August 2023, cover certain AI systems, quantum information systems, and semiconductors and […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

DeepRoute raises $100M in push to beat Tesla’s FSD in China | TechCrunch

November 4, 2024 10:49 PM0


DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from an unidentified Chinese automaker. The company aims to get its automated driving systems into as many vehicles in China before Tesla takes off next year, according to a Reuters report. China lifted certain restrictions on Tesla vehicles in April, clearing a path for the […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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