Friday, May 08, 2015

China += robots, Segway

Chinese shopping for global robotics ventures | Robohub
  • "Beijing-based Ninebot, a Segway competitor, acquired Segway;
  • Chinese venture fund Cybernaut plans to invest $200 million into Russia’s Skolkovo Center to incubate Russian inventions manufactured and marketed in China;
  • China South Rail paid $190 million to acquire SMD, a UK deep-sea robot manufacturer;
  • and Chinese drone maker DJI is forecasting global 2015 sales of $1 billion and a market value of $10 billion as it seeks funds to scale up it’s operations."

"Ninebot, a Beijing-based 2012 startup, markets their device as a personal transportation robot. Segway has sued and accused Ninebot of patent infringement but all that is now water under the bridge because Ninebot acquired (for an undisclosed amount) all the intellectual property as well as the company and facilities of Segway."

"Andrew Ng, chief scientist at China’s search giant Baidu. Ng has taught AI at Stanford, led the Google Brain project, founded online education pioneer Coursera, and just last year took his post at “China’s Google” in hopes of figuring out how to teach computers to see and hear"

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