POSCO DX to develop self-driving unmanned facilities

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding with Aiyoubot, the domestic LiDAR specialist to develop autonomous driving and collision prevention systems utilizing LiDAR sensors. The two companies aim to equip moving equipment such as automated guided vehicles (AGVs), […]

Applied Intuition lands $6 billion valuation for AI-powered autonomous vehicle software | TechCrunch

Image Credits: Applied Intuition Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition […]