Startups

Softbank Group To Invest $4B In Self-Driving Car Startup- Zoox

Softbank Group To Invest $4B In Self-Driving Car Startup- Zoox

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With discussions being in their early stages, Telecommunications group- Softbank is keen on funding autonomous vehicle startup Zoox. With Softbank openly admitting their interest in Zoox, the startup is also in talks with other unnamed potential investors.

Alongside a current valuation of more than $1.5 billion, sources say that Zoox’s … Read the rest

Ex Baidu Chief Scientist - Andrew Ng, Joins Silicon Valley's Startup Drive.AI

Ex Baidu Chief Scientist – Andrew Ng, Joins Silicon Valley’s Startup Drive.AI

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Silicon Valley-based Drive.ai announced Tuesday that, Andrew Ng has joined its board of directors. Ng was the chief scientist at Chinese tech giant Baidu until March, and previously founded and led the Google Brain project, an artificial intelligence effort. “This is one horse worth betting on,” Ng told CNN Tech. … Read the rest