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China's DeepRoute.ai says over 300,000 vehicles use its advanced driving systemIt expects that number to grow by an additional 1 million this year, CEO Maxwell Zhou told reporters on the sidelines of the Beijing auto...- US stock market | Wall Street’s new trade is dumping any stock in AI’s crosshairsWall Street is experiencing a sell-off in companies perceived to be at risk from AI advancements. Recent product launches, like Altruist's ...
- US dollar heads for weekly rise, yen slumps ahead of Japan's electionThe dollar retreated from two-week highs as risk assets rebounded, though it remained on track for a weekly gain. Concerns over AI spending...
- China's DeepRoute AI to team up with Qualcomm to develop advanced driver assistance solutionsDeepRoute AI is partnering with Qualcomm to develop cost-effective ADAS solutions using Snapdragon platforms, supporting features like urba...
- Mercedes to use Momenta software in 4 models, accelerate China comeback, sources sayMercedes-Benz is planning a $75-million investment in autonomous driving startup Momenta to enhance its market share in China. This partner...
- China's DeepRoute AI raises $100 million as smart driving adoption speeds upDeepRoute AI plans to launch more than 10 models with its automaker clients in 2025. The growing fleet will generate revenue for the compan...
- China self-driving firm DeepRoute raises $300 million from Alibaba, othersDeepRoute.ai, which is testing vehicles in the Chinese cities of Shenzhen and Wuhan, will use the funds to double the fleet of its test rob...
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