Blackstone CEO Stephen Schwarzman Gives Oxford University $189 Million for AI Studies
LONDON — American billionaire Stephen Schwarzman, CEO of the private equity firm Blackstone, has given Oxford University $188.6 million for a new institute that will study the ethical implications of artificial intelligence and computing technologies.
June 19, 2019Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Walmart Targets Automated ‘Middle-Mile’ Delivery to Cut Shipping Costs
Walmart Inc. came to dominate retailing through its mastery of logistics. But even the world’s biggest store doesn’t make money selling its wares online in the United States, largely due to runaway shipping costs. So the retailer is turning to robots.
June 19, 2019Tesla Downplays Defense Company’s Hack Into Model 3 GPS System
An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker’s latest Autopilot technology, sending the vehicle off its intended route.
June 19, 2019Volvo Group, Nvidia to Co-Develop Autonomous Vehicles
The Volvo Group announced it has expanded its relationship with Nvidia Corp. and the two companies will co-develop the decision-making system for Volvo’s autonomous commercial vehicles intended eventually for use on public roads and transportation facilities, among other applications.
June 18, 2019VW Steps Up Software Push With Own Operating System
Volkswagen AG is stepping up the pace of its digital transformation with a plan to pool some 5,000 digital experts into a single unit that will develop “vw.os,” a uniform software operating system across all new models.
June 18, 2019Target Takes a Hit From $50 Million Register Outage
The impact of Target Corp.’s weekend register glitch won’t show up until the retailer discloses quarterly revenue in August, but it could have cost the company about $50 million in lost sales, according to one analyst.
June 17, 2019ZF Showcases Steering Assistance as Next Advance in Truck Safety
EAST LIBERTY, Ohio — ZF Group recently showcased its latest automated steering technology, offering a preview of the next advances in driver assistance that will soon become available in commercial trucks.
June 17, 2019Domino’s Brings Self-Driving Pizza Delivery Pilot to Houston
Domino’s Pizza Inc. plans to test unmanned pizza delivery in Houston later this year. The chain, known as a technology leader in the restaurant industry, is teaming with Nuro, a Bay Area robotics startup run by two former Google employees.
June 17, 2019Amazon’s Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector
Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.
June 17, 2019Lanehub to Reward Shippers for Helping Fleets Secure Backhauls
Lanehub, a provider of freight lane matching services, said it will soon begin providing financial incentives to shippers that help their contract carriers find backhaul opportunities with other shippers in its collaborative freight network.
June 17, 2019