page contents
Connect with us

Anttention Fresh

Grab CEO: “We’re targetting another $2 billion funding this year”😶

Published

on

Southeast Asia’s biggest ride-hailing firm “GRAB” said, just weeks after it announced funding of over $4.5 billion in the largest private financing round in the region ever that it expects to raise another $2 billion from strategic investors this year.

They were expecting to raise a total of $6.5 billion capital this year,”. The funding was going to be a combination of equity plus debt all in a bid to quickly expand their business lines in financial services and food delivery.

Grab is also looking to make at least six investments or acquisitions this year, said Tan, adding that the Singapore-headquartered company had no need for a stock market listing.

Grab’s massive financing round started shortly after it bought Uber’s Southeast Asian operations in March 2018 and, in return, Uber acquired a 27.5 percent stake in Grab’s business.

Continue Reading
Advertisement

24 Hours Across Africa

BMW and Tencent to team-up in developing self-driving cars

Published

on

(Reuters) – German automaker BMW (BMWG.DE) and Chinese online gaming giant Tencent Holdings (0700.HK) are teaming up to launch a computing center in China that will help develop self-driving cars in the world’s biggest auto market, the companies said on Friday.

The computing center, which will start operations by the end of the year, will provide cars with data-crunching capabilities to help them drive semi-autonomously and, eventually, autonomously.

The two companies did not disclose the investment in the center. Sources familiar with the deal said the center will be built in the eastern city of Tianjin.

The establishment of the center “will support BMW’s autonomous driving development and innovation in China,” Jochen Goller, head of BMW’s China operations, said in a statement.

“BMW can, therefore, develop autonomous driving solutions that fit better with the specific driving conditions in China.”

BMW said the new computing center will leverage Tencent’s cloud computing and big data, and provide the automaker with infrastructure needed to develop the autonomous cars.

The Munich-headquartered automaker says it will likely introduce semi-autonomous, or L3 classification, cars in China in 2021 which would need massive computing power to analyze real-time flow of digital information on road and traffic conditions.

Driverless cars need sophisticated data-crunching capabilities as they rely on so-called artificial-intelligence, or neuro-network technology, to help them “learn” from experience and could eventually drive themselves without human intervention.

BMW’s planned Chinese computing center follows the opening earlier this year of a similar computing center in Munich.

KINDLY FOLLOW US ON SOCIAL MEDIA & SHARE THIS STORY
INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

@ Anttention Fresh,We work hard to ensure that any news brought to you is legitimate and valuable so we leave out the noise. This material, and other digital content on this website, may be reproduced, published, broadcast, rewritten or redistributed in whole or in part BUT give us credit as your source. 

DOWNLOAD ANTTENTION FRESH NEWS ON THE GO APP
Submit Your Story: Click Here to Submit    Contact: allmails@antvt.com
Breaking News: SMS: +2347066663071, Whatsapp: +2347066663071, Email: allmails@antvt.com
TO UPLOAD & PROMOTE YOUR PRODUCTS CLICK IMAGE
JOIN AN ONLINE LEARNING COMMUNITY CLICK IMAGE

Continue Reading

Anttention Fresh

Costa Rica man pictured kissing crocodiles

Published

on

Source: Reuters – A man kisses a crocodile for a boat trip of tourists in Costa Rica.

Juan Cerdas said it is one of his “hobbies” to feed and kiss the creatures for tourists on the ‘crocodile river tour’ that sails the Tarcoles River.

The river, in the province of Puntarenas, has one of the highest crocodile populations in the world.

Many of them are American crocodiles, who are typically found in Florida and are one of the only species that can walk on four legs.

They can grow up to 17 feet long and weigh hundreds of pounds.

Don’t try this at home – Costa Rican Juan Cerdas feeds the local crocs (Image: REUTERS)
Crocodilians are surprisingly fast – especially in water – so stay as far away as possible (Image: REUTERS)

But Juan said they are “not as aggressive as they would have us believe”.

The river has become a huge tourist attraction in recent years.

Tourists flock there to visit a bridge over the Tárcoles River which has become known as “puente de cocodrilo,” or “crocodile bridge.”

Underneath it crocodiles sunbathe in the afternoon sun.

Juan said crocs are “not as aggressive as they would have us believe” (Image: REUTERS)

Meanwhile the Mirror recently reported on horrific scenes of animal cruelty as hundreds of  crocodiles have been beaten to  death  by a mob of angry villagers after a local was apparently eaten by one of the reptiles.

KINDLY FOLLOW US ON SOCIAL MEDIA & SHARE THIS STORY
INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

@ Anttention Fresh,We work hard to ensure that any news brought to you is legitimate and valuable so we leave out the noise. This material, and other digital content on this website, may be reproduced, published, broadcast, rewritten or redistributed in whole or in part BUT give us credit as your source. 

DOWNLOAD ANTTENTION FRESH NEWS ON THE GO APP
Submit Your Story: Click Here to Submit    Contact: allmails@antvt.com
Breaking News: SMS: +2347066663071, Whatsapp: +2347066663071, Email: allmails@antvt.com
TO UPLOAD & PROMOTE YOUR PRODUCTS CLICK IMAGE
JOIN AN ONLINE LEARNING COMMUNITY CLICK IMAGE

Continue Reading

Facebook

Advertisement
Flag Counter
Advertisement

Trending

Copyright © 2018 Anttention Media. All rights reserved