Uber to buy Geometric Intelligence to strengthen its AI wing

For-Uber-Story_20161013_AK_Uber-Taxi-Cab-008_AUS- based ride-hailing app Uber Inc. on Monday made two significant announcements in its blog. The first was its creation of a new division for artificial intelligence (AI), called AI Labs, to be based in San Francisco. The second announcement was that Uber is acquiring an AI startup Geometric Intelligence. “Uber is in the business […]

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Now Chinese ride-hailing major Didi Chuxing wants to go global

For-China-Cab-Didi-Story_ThinkstockPhotos-5309857992Chinese taxi-hailing firm Didi Chuxing has expressed its ambitions to go global. Didi’s president Jean Liu made it clear at an event in the US that, “We are definitely going global.” “We are a big sponsor and a big believer in local players. If there are no existing local players, we will go there by […]

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Apple-backed Didi plans self-driven cars

TAXI_Thinkstock2The Chinese ride hailing firm Didi Chuxing is reportedly working on self-driving cars. According to Bloomberg Businessweek, Didi Chuxing, which recently took over world’s largest cab-hailing app Uber’s China business, is looking to hire data scientists and engineers from the Silicon Valley in US to boost its efforts. In May this year, iPhone maker Apple […]

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