This self-driving start-up wants to do more than just deliver groceries to your doorstep

Users who download the AutoX app on their mobile phones can place orders for fresh produce and other goods. The company’s aim is to “democratize autonomy” and make self-driving cars universally applicable in areas such as logistics, transportation and delivery, according to Jianxiong Xiao, founder and CEO at AutoX. “For us, we’re creating an (artificial intelligence) platform,” Xiao told told CNBC’s Martin Soong on Tuesday. Those vehicles can transport human beings (and) can do delivery of goods


Users who download the AutoX app on their mobile phones can place orders for fresh produce and other goods. The company’s aim is to “democratize autonomy” and make self-driving cars universally applicable in areas such as logistics, transportation and delivery, according to Jianxiong Xiao, founder and CEO at AutoX. “For us, we’re creating an (artificial intelligence) platform,” Xiao told told CNBC’s Martin Soong on Tuesday. Those vehicles can transport human beings (and) can do delivery of goods
This self-driving start-up wants to do more than just deliver groceries to your doorstep Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, xiao, platform, selfdriving, wants, delivery, told, power, goods, cars, autox, groceries, doorstep, startup, deliver, vehicles


This self-driving start-up wants to do more than just deliver groceries to your doorstep

AutoX CEO: We want to ‘democratize’ self-driving cars 12:58 AM ET Tue, 23 April 2019 | 02:41

Self-driving cars are still a relatively new concept that’s being tested, but one start-up, AutoX, is thinking ahead and looking for different ways autonomous vehicles can be used.

Last year, the company launched a grocery delivery pilot program in San Jose, California. Users who download the AutoX app on their mobile phones can place orders for fresh produce and other goods. Those items will be delivered to them by one of AutoX’s driverless cars.

The company’s aim is to “democratize autonomy” and make self-driving cars universally applicable in areas such as logistics, transportation and delivery, according to Jianxiong Xiao, founder and CEO at AutoX.

“For us, we’re creating an (artificial intelligence) platform,” Xiao told told CNBC’s Martin Soong on Tuesday.

“That can power different vehicles. Those vehicles can transport human beings (and) can do delivery of goods,” he said at the Credit Suisse Global Supertrends Conference in Singapore. “We’re not choosing the vertical segment, but we’re providing the AI platform that can power all these self-driving cars.”

AutoX has raised around $43 million in funds, according to Crunchbase data. It includes an investment from China’s Dongfeng Motor Group.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, xiao, platform, selfdriving, wants, delivery, told, power, goods, cars, autox, groceries, doorstep, startup, deliver, vehicles


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This self-driving start-up wants to do more than just deliver groceries to your doorstep

Users who download the AutoX app on their mobile phones can place orders for fresh produce and other goods. The company’s aim is to “democratize autonomy” and make self-driving cars universally applicable in areas such as logistics, transportation and delivery, according to Jianxiong Xiao, founder and CEO at AutoX. “For us, we’re creating an (artificial intelligence) platform,” Xiao told told CNBC’s Martin Soong on Tuesday. Those vehicles can transport human beings (and) can do delivery of goods


Users who download the AutoX app on their mobile phones can place orders for fresh produce and other goods. The company’s aim is to “democratize autonomy” and make self-driving cars universally applicable in areas such as logistics, transportation and delivery, according to Jianxiong Xiao, founder and CEO at AutoX. “For us, we’re creating an (artificial intelligence) platform,” Xiao told told CNBC’s Martin Soong on Tuesday. Those vehicles can transport human beings (and) can do delivery of goods
This self-driving start-up wants to do more than just deliver groceries to your doorstep Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, autox, startup, groceries, xiao, delivery, cars, vehicles, goods, deliver, told, doorstep, power, wants, selfdriving, platform


This self-driving start-up wants to do more than just deliver groceries to your doorstep

AutoX CEO: We want to ‘democratize’ self-driving cars 12:58 AM ET Tue, 23 April 2019 | 02:41

Self-driving cars are still a relatively new concept that’s being tested, but one start-up, AutoX, is thinking ahead and looking for different ways autonomous vehicles can be used.

Last year, the company launched a grocery delivery pilot program in San Jose, California. Users who download the AutoX app on their mobile phones can place orders for fresh produce and other goods. Those items will be delivered to them by one of AutoX’s driverless cars.

The company’s aim is to “democratize autonomy” and make self-driving cars universally applicable in areas such as logistics, transportation and delivery, according to Jianxiong Xiao, founder and CEO at AutoX.

“For us, we’re creating an (artificial intelligence) platform,” Xiao told told CNBC’s Martin Soong on Tuesday.

“That can power different vehicles. Those vehicles can transport human beings (and) can do delivery of goods,” he said at the Credit Suisse Global Supertrends Conference in Singapore. “We’re not choosing the vertical segment, but we’re providing the AI platform that can power all these self-driving cars.”

AutoX has raised around $43 million in funds, according to Crunchbase data. It includes an investment from China’s Dongfeng Motor Group.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, autox, startup, groceries, xiao, delivery, cars, vehicles, goods, deliver, told, doorstep, power, wants, selfdriving, platform


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DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction.


DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction. Cached Page below :
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Keywords: news, cnbc, companies, eth, safe, stable, bitcoin, dragonex最安全稳定的比特币以太坊交易平台dragonex, platform, transaction



Company: cnbc, Activity: cnbc, Date: 2019-04-24
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GM wanted too much from EV start-up Rivian, opening door for Ford’s $500 million investment

The Rivian platform will be used for a different product line, said Joe Hinrichs, Ford’s president of automotive operations. Industry analysts say the Rivian platform could eventually be used for other electric vehicles at Ford to help maximize economies of scale. But there is at least one obstacle that could limit future applications, said Brinley, of IHS Markit, the potential capacity of Rivian’s assembly plant. The start-up last year acquired the old Mitsubishi assembly plant in Normal, Illin


The Rivian platform will be used for a different product line, said Joe Hinrichs, Ford’s president of automotive operations. Industry analysts say the Rivian platform could eventually be used for other electric vehicles at Ford to help maximize economies of scale. But there is at least one obstacle that could limit future applications, said Brinley, of IHS Markit, the potential capacity of Rivian’s assembly plant. The start-up last year acquired the old Mitsubishi assembly plant in Normal, Illin
GM wanted too much from EV start-up Rivian, opening door for Ford’s $500 million investment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: paul a eisenstein, adam jeffery, source, paul eisenstein cnbc
Keywords: news, cnbc, companies, gm, door, assembly, working, vehicle, platform, wanted, investment, fords, vehicles, ev, plant, ford, products, opening, electric, startup, million, rivian


GM wanted too much from EV start-up Rivian, opening door for Ford's $500 million investment

The first generation of Ford’s electrified vehicles, which includes full battery power and hybrids, sacrificed passenger and cargo space to make room for batteries and other components. That is a problem that the automaker aims to address as it gets ready to roll out a second generation of products that also will deliver more than 200 miles in range, or at least double what products like the current Ford Focus EV can manage between charges.

“Ford is going to use Rivian’s flexible skateboard platform to develop an all-new, next-generation battery-electric vehicle,” Hackett told reporters.

But neither he nor other Ford and Rivian officials would discuss specifically what sort of vehicle they are working on. They noted that Ford is already well along in the development of a high-performance electric SUV that is set to debut next year, as well as an all-electric version of the popular Ford F-150 pickup.

The Rivian platform will be used for a different product line, said Joe Hinrichs, Ford’s president of automotive operations. Industry analysts say the Rivian platform could eventually be used for other electric vehicles at Ford to help maximize economies of scale. But there is at least one obstacle that could limit future applications, said Brinley, of IHS Markit, the potential capacity of Rivian’s assembly plant.

The start-up last year acquired the old Mitsubishi assembly plant in Normal, Illinois. The facility has a production capacity of about 250,000 vehicles — or platforms — annually, according to Scaringe. Rivian itself is hoping to sell between 70,000 and 80,000 of its R1T and R1S models annually, and it is working up additional products that could eat up even more of that capacity.

Rivian is also developing vehicles for Amazon. It announced a separate, $700 million investment deal in February with a consortium led by the online retailer. Specific plans have not been revealed, but the electric car maker is believed to be working on some sort of delivery truck for Amazon, said Sam Abuelsamid, an analyst at Navigant Research. And they could use autonomous driving technology developed by two self-driving start-ups Amazon has also invested in.

Rivian will use its Normal plant to produce the platforms Ford plans to use. They will then be shipped to a Ford assembly plant for the rest of the assembly process — though the Detroit automaker did not offer further details. But the number of skateboard vehicle frames available to Ford could be limited unless Rivian expands capacity or lets Ford produce them elsewhere, analysts said.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: paul a eisenstein, adam jeffery, source, paul eisenstein cnbc
Keywords: news, cnbc, companies, gm, door, assembly, working, vehicle, platform, wanted, investment, fords, vehicles, ev, plant, ford, products, opening, electric, startup, million, rivian


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DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction.


DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction. Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23
Keywords: news, cnbc, companies, eth, bitcoin, transaction, platform, dragonex最安全稳定的比特币以太坊交易平台dragonex, safe, stable



Company: cnbc, Activity: cnbc, Date: 2019-04-23
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DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction.


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Company: cnbc, Activity: cnbc, Date: 2019-04-23
Keywords: news, cnbc, companies, platform, safe, bitcoin, dragonex最安全稳定的比特币以太坊交易平台dragonex, stable, eth, transaction


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DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction.


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Company: cnbc, Activity: cnbc, Date: 2019-04-23
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DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction.


DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction. Cached Page below :
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Company: cnbc, Activity: cnbc, Date: 2019-04-17
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If you invested $1,000 in Netflix in 2007, here’s how much you’d have now

All eyes are on video-streaming giant Netflix, which faces new competition from Disney’s highly anticipated streaming platform, Disney+, as it reported itsfirst-quarter earnings Tuesday. Still, investing in early 2007, when Netflix first began streaming, would have proved to be a good bet. CNBC: Netflix stock as of April 16, 2019″While other services may carve out valuable add-on positions, we do not expect the launch of new services from Apple, Disney, AT&T, or others to meaningfully impact Net


All eyes are on video-streaming giant Netflix, which faces new competition from Disney’s highly anticipated streaming platform, Disney+, as it reported itsfirst-quarter earnings Tuesday. Still, investing in early 2007, when Netflix first began streaming, would have proved to be a good bet. CNBC: Netflix stock as of April 16, 2019″While other services may carve out valuable add-on positions, we do not expect the launch of new services from Apple, Disney, AT&T, or others to meaningfully impact Net
If you invested $1,000 in Netflix in 2007, here’s how much you’d have now Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: shawn m carter, sopa images, getty images, andrew harrer, bloomberg, -bryan kraft
Keywords: news, cnbc, companies, services, significant, 1000, netflix, invested, stock, reported, youd, shares, platform, share, heres, streaming, early, 2007


If you invested $1,000 in Netflix in 2007, here's how much you'd have now

All eyes are on video-streaming giant Netflix, which faces new competition from Disney’s highly anticipated streaming platform, Disney+, as it reported itsfirst-quarter earnings Tuesday.

Its stock fell more than 1% in after-hours trading, after closing with a share price around $360.

Still, investing in early 2007, when Netflix first began streaming, would have proved to be a good bet. A $1,000 investment made on Jan. 15, 2007, would be worth more than $110,000 as of midday April 16, 2019, according to CNBC calculations, for a total return of about 10,000%. Over the same period, the S&P 500 was up just over 100%.

While the company’s stock took a slight dip after hours Tuesday, following its earnings release, it reported quarterly revenue that beat estimates and shares are up more than 34 percent as of Tuesday’s close.

Many investors relayed optimistic messages early this week. In a note, analysts at banking firm KeyBanc seemed skeptical that new streaming competition could pose a significant threat.

CNBC: Netflix stock as of April 16, 2019

“While other services may carve out valuable add-on positions, we do not expect the launch of new services from Apple, Disney, AT&T, or others to meaningfully impact Netflix,” they said. “We continue to view Netflix’s strategic positioning very favorably.”

Investment banking company Deutsche Bank raised its rating on Netflix shares from “hold” to “buy” early Tuesday, saying the service is becoming more like a “platform” every day.

“Platform status brings network effects not available to peers and competitors,” analyst Bryan Kraft wrote in a note. “Specifically, this is making Netflix even more of a go-to destination when consumers want to watch something, and it means having Netflix is becoming more of a cultural necessity for people around the world. It also makes Netflix a magnet for talent.”

That means “consumers stay captive within the Netflix walled garden for significant amounts of time,” Kraft added. “Aside from pay TV, which is losing audience share, there are no other competing platforms that approach Netflix’s reach.”


Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: shawn m carter, sopa images, getty images, andrew harrer, bloomberg, -bryan kraft
Keywords: news, cnbc, companies, services, significant, 1000, netflix, invested, stock, reported, youd, shares, platform, share, heres, streaming, early, 2007


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DragonEx-最安全稳定的比特币以太坊交易平台。DragonEx is a safe and stable platform for Bitcoin & ETH transaction.


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Keywords: news, cnbc, companies, bitcoin, eth, safe, stable, platform, dragonex最安全稳定的比特币以太坊交易平台dragonex, transaction



Company: cnbc, Activity: cnbc, Date: 2019-04-15
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