As the self driving car industry works towards commercializing the autonomous vehicle technology, Pony.ai has plans to mass-produce its Level 4 self-driving system by 2023. The intent was shared by the company on its public WeChat account in Shanghai during the World Artificial Intelligence Conference (WAIC) held recently. SAE International, the US engineering standards group,…
Tag: beijing
South Korea Unveils $450 Billion Push For Global Chipmaking Crown
South Korea unveiled ambitious plans to spend roughly $450 billion to build the world’s biggest chipmaking base over the next decade, joining China and the US in a global race to dominate the key technology. Samsung Electronics Co. and SK Hynix Inc. will lead more than 510 trillion won of investment in semiconductor research and…
Iron Ore Giant Fortescue Bets On Green Hydrogen In Zero Carbon Push
Fortescue Metals Group, an iron ore heavyweight supporting carbon-intensive steelmaking, has dived into the green hydrogen business in a mad dash to achieve carbon neutrality by 2030. The world’s No. 4 iron ore producer plans to start making “zero-emission” hydrogen using renewable energy as early as 2023 for export to Japan and other energy-hungry economies….
Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens
Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…
Future of Science Fiction in China – Cixin Liu
“I’m so tired of the future.” It was late in the day at the Tsinghua University Art Museum, and I was getting whiny. My boyfriend and an acquaintance thumbed through some catalogues near the exit and managed to ignore me. We had reached the end of an exhibition of architectural models from the firm Foster…
Why China will not allow democracy in Myanmar
In Burma today, not only is the Chinese government involved in mega projects (such as the oil pipeline to Kunming in Yunnan province), but the Chinese Diaspora runs everything from grocery to retail shops or restaurants in all major cities as well as in remote provincial towns. It is true that China has no problems…
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