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Showing posts with the label zoox

Samsung Galaxy Fold 2, 5G Galaxy Z Flip will launch in August 2020

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Samsung is expected to launch two new foldable smartphones in the second half of the year. An affordable foldable handset model is expected to hit the market next year, industry insiders said on Sunday. Samsung is expected to present the Galaxy Fold 2 and the 5G variant of the Galaxy Z Flip together with its flagship phablet Galaxy Note 20 at an event in August, the news agency Yonhap reported, citing the industry sources. But his affordable foldable smartphone, probably called the Galaxy Fold Lite, is unlikely to make its debut at the event, they said.
The South Korean technology giant was said to have released a version of its foldable smartphone that costs almost half the price of a normal Galaxy Fold. Technical experts have predicted that the Galaxy Fold 2 will have a 7.7-inch screen and a 6.23-inch cover display when unfolded, both of which are larger than the 7.3-inch or 4.6-inch displays of the predecessor. Samsung is expected to use ultra-thin glass (UTG) for the Galaxy Fold 2,…

Amazon purchases the autonomous driving startup Zoox

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Amazon announced on Friday that it will take over Zoox, a self-driving startup founded in 2014 that has raised nearly $ 1 billion in funding and aims to develop autonomous driving technologies, including vehicles, to create a full-stack solution to provide for driving. Hail.
According to Amazon's announcement, Zoox will continue to exist as an independent company. Current CEO Aicha Evans, CTO and co-founder Jesse Levinson remain in their roles. Your general corporate mission will remain the same, the release notes say. The value of the deal is $ 1.2 billion. According to the Financial Times.
News reports have stated that Amazon considers Zoox a potential acquisition target and that the deal is about to end.
Zoox has chosen one of the most expensive ways in the autonomous driving industry to build from the ground up a functional self-driving car along with the software and the AI   end to provide its autonomous driving skills. Zoox has made some notable cost reductions over the past y…