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TIER IV partners with Nihon Kotsu on data-sharing platform to boost AI development for autonomous driving

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TOKYO, July 17, 2024 /PRNewswire/ — TIER IV, the pioneering force behind the worlds’ first open-source software for autonomous driving, has partnered with Nihon Kotsu on a large-scale data-sharing initiative aimed at scaling AI development. From July 2024, the companies will jointly collect data from vehicles equipped with a data recording system (DRS) developed by TIER IV.

TIER IV spearheaded the Co-MLOps (Cooperative Machine Learning Operations) data-sharing initiative in 2023, and unveiled a proof of concept test at CES 2024 that featured data collected in collaboration with partner companies from eight global regions. The company has been driving data collection efforts in major areas of Japan, verifying the performance of its DRS and other features of the Co-MLOps Platform. With DRS-equipped vehicles on the road and the basic functionalities for efficient data collection using active learning frameworks in place, TIER IV is poised to expand its dataset significantly in collaboration with Nihon Kotsu.

DRS overview

TIER IV’s DRS includes multiple automotive-grade LiDARs, high-resolution cameras and electronic control units (ECUs), enabling it to capture comprehensive and precise data on a vehicle’s surroundings and operation. With seamless synchronization and calibration between sensors and ECUs, the system is equipped for the high-quality data collection necessary for AI development for autonomous driving.

Enhance efficiency with Co-MLOps Platform

Data uploaded to the cloud-based Co-MLOps Platform undergoes quality checks, anonymization for secure sharing, and tagging for efficient retrieval. Annotations are prioritized based on assessments from active learning frameworks, focusing on data that significantly enhances AI performance. This approach accelerates the MLOps process, fostering efficient AI development for autonomous driving.

“The data collected through this collaboration will have a wide range of applications, significantly enhancing the accuracy of autonomous driving AI while advancing efforts toward the deployment of robotaxis and the mass production of software-defined vehicles (SDVs),” said Shinpei Kato, founder, CEO and CTO of TIER IV. “We will continue to collaborate with partner companies around the world to conduct ongoing data collection, accelerating the development of a large-scale shared data platform.”

“We are very honored to be working with TIER IV to build “the future of mobility”,” said Ichiro Kawanabe, Director of Nihon Kotsu. “Nihon Kotsu will contribute to improve the safety of automated driving and its implementation by using our 96 years of operational know-how. And we are excited to participate in the mission to connect the next generation and create a legacy of society. All of us expect that the advancement of automated driving technology will improve hired cars and cabs, and will realize safer and higher quality transportation.”

Future plans

TIER IV will lead data collection efforts, using Nihon Kotsu vehicles, primarily in Tokyo through the end of 2024. The company aims to create an annotated dataset exceeding 200,000 frames by the end of 2024, building upon previously collected data. Looking ahead to 2025 and beyond, the company plans to expand its fleet, aiming to gather a diverse and comprehensive dataset across various regions to fuel advancements in autonomous driving technology. TIER IV will also explore opportunities for mass-producing DRS, adapting it for future data collection initiatives, and expand its network to cover a wider range of areas in collaboration with partners.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving, to empower intelligent vehicles worldwide. Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, our commitment to open-source software enables individuals and organizations to thrive in the evolving field of autonomous driving, reshaping the future of intelligent vehicles.
Autoware is a registered trademark of the Autoware Foundation.

About Nihon Kotsu

Company name: Nihon Kotsu Co.,Ltd.
Establishment: April, 1928
President: Yasuharu Wakabayashi
Headquater: 3-12 Kioicho,Kioicho Building, Chiyoda Ward, Tokyo, Japan
Business description: Taxi & amp; Limousine service
Website: https://www.nihon-kotsu.co.jp/

Media Contact
pr@tier4.jp

Business Inquires
co-mlops@tier4.jp

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SOURCE TIER IV, Inc.

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NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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