AUTO AI RACE
![AI begins ushering in an age of killer robots](https://img.etimg.com/thumb/msid-111509461,width-100,height-75,resizemode-4/tech/artificial-intelligence/ai-begins-ushering-in-an-age-of-killer-robots.jpg)
AI begins ushering in an age of killer robots
The latest iterations of technology enabling drones and other machines to operate autonomously owe their advancements to deep learning, an AI method utilising extensive data for pattern recognition and decision making. Although these systems aren't costly military-grade equivalents from the US, China, and Russia, their affordability, priced at just thousands of pounds or less, and widespread accessibility mark a significant development.
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Growth gems well positioned; large businesses to drive significant growth: Anish Shah, Mahindra Group
EV made a lot of sense because the expertise that we can get globally will help our businesses and which is why we were open to getting partners and they have added a lot of value in terms of what they bring and in other businesses, in growth gems in particular, we can look for global partners where we can get their insights and their guidance to be able to grow the business faster.
![Global car giants seek tech allies in China's cutthroat EV market](https://img.etimg.com/thumb/msid-109936434,width-100,height-75,resizemode-4/news/international/business/global-car-giants-seek-tech-allies-in-chinas-cutthroat-ev-market.jpg)
Global car giants seek tech allies in China's cutthroat EV market
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand. One major reason why foreign automakers are seeking partnerships with local tech firms is to benefit from their innovation, which Chinese automaking executives have attributed to the cutthroat competition in the industry.
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Strategy reset under new Tata Digital boss; subscription play for Ola, Uber autos
Handpicked by Tata Sons chairman N Chandrasekaran from their insurance arm, Tata AIA Life, Naveen Tahiliyani is fostering a collaborative spirit at Tata Digital and encouraging participation from other group companies, officials told ET. Meanwhile, Chandrasekaran is keeping a close eye on his progress.
![Nvidia expands ties with Chinese EV makers as auto AI race heats up](https://img.etimg.com/thumb/msid-108601362,width-100,height-75,resizemode-4/markets/stocks/news/nvidia-expands-ties-with-chinese-ev-makers-as-auto-ai-race-heats-up.jpg)
Nvidia expands ties with Chinese EV makers as auto AI race heats up
BYD, which overtook Tesla last year as the world's No. 1 electric vehicle manufacturer, will use Nvidia's next generation of in-vehicle chips, called Drive Thor, to enable increased levels of autonomous driving and other digital functions, Nvidia said.
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Investors bet on new-age food startups; ride-hailing apps up driver incentives
New-age food startups seem to have become appetising enough for investors to pump in money. This and more in today’s ETtech Morning Dispatch.
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Chinese EV maker Xpeng to hire 4,000, invest in AI
The additional employees would represent a 25% expansion of the Volkswagen-backed EV maker's workforce from the latest headcount of 15,829 at the end of 2022.
Nvidia chases $30 billion custom chip market with new unit
The dominant global designer and supplier of AI chips aims to capture a portion of an exploding market for custom AI chips and to protect itself from the growing number of companies interested in finding alternatives to its products.
CES trade show: AI to dominate this year even without Sam Altman's presence
From devices for the visually impaired, and safety systems involving guns at schools, to facial-recognition software that can assess vitals, and cabin-monitoring systems inside autonomous cars, dozens of companies have planned announcements for the show about how they are building AI into their gadgets.
What's in and what's out in 2024: Changes coming in workplace, travel, business and economy
In 2024, workplaces shift towards mandatory office presence, ending remote work era. Travel sees a rise in short trips to visa-free countries. Startups face funding challenges, emphasizing profitability. Hybrid cars dominate the auto industry, and premium experiences and personalised fitness gain traction in consumer trends.
AI’s Magic Call: how AI will make smartphones smarter
Artificial intelligence will unlock limitless possibilities in smartphones once they fully adopt the technology and make it a part of their offerings. Here's how AI will make smartphones smarter and unleash the next phase of growth for the industry
Tesla rival VinFast looks to make in India; Digital India Bill to add laws on online offences
Vietnam’s VinFast Auto, Tesla’s closest competitor in the electric car space, is looking to set up a manufacturing unit either in Tamil Nadu or Gujarat, sources told us. This and more in today’s ETtech Morning Dispatch.
Power companies plug into smart meters for sustainable solutions
Over the past few months, nearly a dozen companies have announced plans and won orders to implement the smart metering project across locations. Why? Consumption data from these smart meters will help power distributors make distribution more sustainable, curb losses, arrest power thefts and leakages, and balance the grid, directly addressing the climate emergency.
Groww may pip Zerodha in active user count; ETSA 2023 winner Gameberry Labs on its bootstrap journey
Talk about a growth story! Online stock broking platform Groww is all set to pip market leader Zerodha in terms of active investors next month. While Zerodha took almost a decade to achieve leadership status, Groww did it in just three years, having started in 2020. This and more in today’s ETtech Morning Dispatch.
Tata chief puts profits first for Neu; Zerodha cofounder Nikhil Kamath's latest bet
Black is beautiful and that’s the colour Tata Sons chairman N Chandrasekaran wants the salt-to-software conglomerate’s digital arm to focus on. ‘Chandra’ has ordered top leaders at Tata Neu to forget the existence of all else for the time being and focus solely and urgently on profitable growth, sources have told ET. This and more in today’s ETtech Morning Dispatch.
Aditya L1: young scientists, women trailblazers behind India’s solar mission
As India's first space-based solar observatory, Aditya L1, takes giant strides in its sun mission, what’s not much known is that it was a group of youngsters, and the country’s women in science back home, who made the endeavour a reality. This and more in today’s ETtech Morning Dispatch.
Germany plans to double AI funding in race with China, US
The target, announced by research minister Bettina Stark-Watzinger on Wednesday, is modest compared with the $3.3 billion that the US government spent on AI research in 2022 according to a Stanford University report.
Auto sector rally not over yet: Rohit Srivastava
Power sector's entry to this entire move is probably not new but today it is getting highlighted because in a weak market you are seeing almost all segments of power doing well.
Race towards 'autonomous' AI agents grips Silicon Valley
Experimental systems that run on GPT-4 or similar models are attracting billions of dollars of investment as Silicon Valley competes to capitalize on the advances in AI. The new assistants - often called "agents" or "copilots" - promise to perform more complex personal and work tasks when commanded to by a human, without needing close supervision.
2 top stock recommendations from Aditya Arora
Again IT is rebounding and that is bound to happen because now Fed is turning less hawkish and people expect that this could be the last rate hike so that is very bullish for the market.
Magnificent 7: What's behind the tearaway rally in US tech giants?
The tech-heavy Nasdaq 100 has surged 42% since January 1, its best half-year performance in over 20 years, fuelled by a rush for artificial intelligence (AI).
Penalty on electric two-wheeler makers guilty of wrongful subsidy claims; Eddie Wu is new Alibaba CEO
Caught with their hands in the till, electric scooter makers who wrongfully claimed subsidies under the Centre’s FAME II scheme are set to feel the government’s wrath.
An uncert(AI)n future: Bing's chatbot tried to gaslight people, even attempted to break up user's marriage
Surprisingly, Microsoft has not responded with any great concern.
'Paul Newman: Blue-Eyed Cool': Book reveals Hollywood star's car racing talent. Check out the details
A book 'Paul Newman: Blue-Eyed Cool' has been dedicated to the star. It has intimate snapshots of the actor showing Newman's talent and charm from behind the scenes.
Roborace features all-electric self-driving race cars, where programmers are the stars
World’s first driverless racing car runs on GPS system accurate enough for missile guidance.
Uber open to outside investment for self-driving unit
Uber is competing with Alphabet Inc.’s Waymo, Tesla Inc., and the world’s traditional auto manufacturers and startups, in the race to develop self-driving vehicles.
Who’s winning the self-driving car race?
In the next three years, almost all of these contenders will be able show off cars capable of navigating city streets at casual speeds along firmly fixed routes.
Pentagon to beat Uber, Tesla in race over self-driving vehicles
Technology and auto companies including Alphabet Inc.’s Waymo unit and General Motors Co. are racing to develop autonomous vehicles to deploy in ride-hailing fleets.
Artificial Intelligence: Nimble startups can develop breakthrough technologies
Companies across technology and automobile industries are pouring millions of dollars into using AI to drive new breakthroughs in this field.
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