Saturday, February 4

Tag: TECH

Waymo bringing its autonomous driving technology to Los Angeles
Science

Waymo bringing its autonomous driving technology to Los Angeles

Waymo plans to bring its autonomous ride-sharing service to Los Angeles, joining behind Phoenix and San Francisco as the company looks for more cities to partner with. When it comes to miles traveled, Waymo leads the way with autonomous miles completed anywhere in the United States. 3VIEW GALLERY - 3 IMAGES Autonomous vehicles are becoming more prevalent, with automakers and tech companies partnering up to create safe, efficient vehicles to join regular drivers on the road.There are high expectations for Waymo in Los Angeles: 3 It makes sense Waymo wants to hit Los Angeles, which is the third largest ride-hailing service area in the country, with an estimated market opportunity of $2 billion this year alone.There are portions of the region well known for traffic safety issues and vehicle...
IBM hopes autonomous vessel technology can make waves in ship market
Science

IBM hopes autonomous vessel technology can make waves in ship market

Tech giant IBM expects its autonomous ship artificial intelligence technology used by commercial and research ships one day. The software is able to optimize decision-making by simulating different alternative choices and identifying possible issues while a ship is on the ocean. 2VIEW GALLERY - 2 IMAGES Earlier in 2022, the unmanned Mayflower Autonomous Ship (MAS) traveled 3,500 unmanned miles from Plymouth, United Kingdom to Halifax, Nova Scotia, Canada. The Atlantic Ocean crossing took 40 days and featured no human ship captain or onboard crew as it made the journey.Since naval companies tend to be slower to newer trends, fully autonomous ships probably won't happen for quite some time - but an AI-powered first officer might prove useful. The majority of marine accidents tend to involve...
Wall Street ends down as investors eye slowing economy
Business

Wall Street ends down as investors eye slowing economy

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 22, 2022. REUTERS/Brendan McDermidRegister now for FREE unlimited access to Reuters.comRegisterU.S. composite PMI at lowest since February 2021Zoom tumbles on weak forecastMacy's shares rise on earnings beatIndexes: S&P 500 -0.22%, Nasdaq flat, Dow -0.47%Aug 23 (Reuters) - Wall Street ended down on Tuesday as investors focused on data showing a slowing economy ahead of a U.S. Federal Reserve gathering later this week in Jackson Hole, Wyoming.The S&P 500 dipped after data showed private-sector business activity in the United States contracted for a second straight month in August, with particular softness in the services sector as demand weakened in the face of inflation and tighter finan...