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Black Sesame Technologies
Black Sesame Technologies (BST; ) is a Chinese technology company headquartered in Wuhan. The company develops artificial intelligence (AI) chips used in self-driving cars and advanced driver assistance systems (ADAS). Background In 2016, BST was founded by Shan Jizhang and Liu Weihong. Shan had spent almost two decades working for OmniVision Technologies while Liu worked in the automotive industry for companies such as General Motors and Bosch. BST backers have included Tencent, Xiaomi, Geely, NIO, SK Group and Northern Light Venture Capital. In 2020, BST started generating revenue where it reported 165.4 million yuan in revenue for the year. At the end of March 2023, the Hong Kong Stock Exchange (HKSE) introduced the Chapter 18C rule which allowed early stage specialist technology companies with little to no revenue to list. In July 2023, BST used this rule to apply for a listing. According to its prospectus, BST had a market share of 2.2% which made it a small pla ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Northern Light Venture Capital
Northern Light Venture Capital (NLVC) () is a Chinese venture capital firm founded in 2005. It focuses on investing in companies in the technology and healthcare sectors. Background NLVC was founded in 2005 by Feng Deng, Jeffrey Lee and Yan Ke. Feng Deng and Yan Ke were previously co-founders of NetScreen Technologies, an IT Security company that went public on Nasdaq in 2001 and was later acquired by Juniper Networks in 2004 for $4.2 billion. New Enterprise Associates and Min Zhu (co-founder of WebEx) were initial backers of the firm when it was raising its first fund. Greylock Partners is another early backer of the firm. NLVC invests 70% of its funds into Series A rounds, 20% in Series B rounds and 10% into Seed rounds. Notable investments include Aerohive Networks, Meituan and VIPKid. NLVC has offices in Silicon Valley Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part o ...
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Self-driving Car
A self-driving car, also known as an autonomous car (AC), driverless car, robotic car or robo-car, is a car that is capable of operating with reduced or no human input. They are sometimes called robotaxis, though this term refers specifically to self-driving cars operated for a ridesharing company. Self-driving cars are responsible for all driving activities, such as perceiving the environment, monitoring important systems, and controlling the vehicle, which includes navigating from origin to destination. , no system has achieved full autonomy (SAE Level 5). In December 2020, Waymo was the first to offer rides in self-driving taxis to the public in limited geographic areas (SAE Level 4), and offers services in Arizona (Phoenix) and California (San Francisco and Los Angeles). In June 2024, after a Waymo self-driving taxi crashed into a utility pole in Phoenix, Arizona, all 672 of its Jaguar I-Pace vehicles were recalled after they were found to have susceptibility to cr ...
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Dongfeng Motor Corporation
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the smallest of the " Big Four" state-owned car manufacturers of China with 671,000 sales in 2023, below SAIC Motor, Changan Automobile and FAW Group. The company develops and markets vehicles under its own branding, such as M-Hero, Voyah, Aeolus, Forthing, as well as under foreign-branded joint ventures such as Dongfeng Honda, Dongfeng Nissan and Dongfeng Peugeot-Citroën (all via subsidiary Dongfeng Motor Group). In 2021, foreign-branded cars took 79% of sales. In addition to commercial and consumer vehicles, it also manufactures parts and cooperates with foreign companies. As a state-owned enterprise of China, Dongfeng is controlled and managed by SASAC, which under Chinese law performs the functions of an investor. History Background and founding During the Korean war, there was a need for trucks to be used on the battle ...
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Baidu
Baidu, Inc. ( ; ) is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market (via Baidu Search), and provides a wide variety of other internet services such as Baidu App (Baidu's flagship app for search and newsfeed), Baidu Baike (an online user created Wikipedia-like encyclopedia), iQIYI (a video streaming service), and Baidu Tieba (a keyword-based discussion forum similar to Reddit). Besides its core internet search business, Baidu has diversified into several high-growth areas. The company is a leading player in autonomous driving (Baidu Apollo), and smart consumer electronics (Xiaodu). With over a decade of investment in artificial intelligence, Baidu is one of the few tech companies globally to offer a full-service AI stack, including software, chips, cloud infrastructure, foundation models, and applications. The holding company of the group is incorpo ...
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TSMC
Taiwan Semiconductor Manufacturing Company Limited (TSMC or Taiwan Semiconductor) is a Taiwanese multinational semiconductor contract manufacturing and design company. It is one of the world's most valuable semiconductor companies, the world's largest Foundry model#Dedicated foundry, dedicated independent ("Pure play, pure-play") Foundry (electronics), semiconductor foundry, and Taiwan's largest company, with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. Although the government of Taiwan is the largest individual shareholder, the majority of TSMC is owned by foreign investors. In 2023, the company was ranked 44th in the Forbes Global 2000, ''Forbes'' Global 2000. Taiwan's exports of integrated circuits amounted to $184 billion in 2022, nearly 25 percent of Taiwan's GDP. TSMC constitutes about 30 percent of the Taiwan Stock Exchange's main index. TSMC was founded in 1987 by Morris Chang as the world's first dedicated semiconductor foun ...
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Frost & Sullivan
Frost & Sullivan is an American business consulting firm. It offers market research and analysis, growth strategy consulting, and corporate training. It has about 45 offices in the Americas, Africa, Asia and Europe; the principal office is in Santa Clara, California. History Frost & Sullivan was started by Dan L. Sullivan and Lore A. Frost VQIR.com 14 April, 2017 in New York City in 1961. In the 1970s it started a corporate training division, began sponsoring conferences and industry meetings, and opened an office in London. In 1982, it was publicly traded, and had annual revenues of $9.1 million. By 1987 revenue had grown to around $17.5 million, with $290,000 in net earnings. Theodore Cross acquired 53% of the stock in the mid-1980s. In January 1988 the company was taken private by merger with a subsidiary of FAS Acquisition Co., a company formed by Cross and Warburg Pincus Capital. It was sold to David Frigstad in 1993. A sales office in New York was damaged in the Septe ...
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System On A Chip
A system on a chip (SoC) is an integrated circuit that combines most or all key components of a computer or Electronics, electronic system onto a single microchip. Typically, an SoC includes a central processing unit (CPU) with computer memory, memory, input/output, and computer data storage#Secondary storage, data storage control functions, along with optional features like a graphics processing unit (GPU), Wi-Fi connectivity, and radio frequency processing. This high level of integration minimizes the need for separate, discrete components, thereby enhancing Performance per watt, power efficiency and simplifying device design. High-performance SoCs are often paired with dedicated memory, such as LPDDR, and flash storage chips, such as Universal Flash Storage, eUFS or eMMC, which may be stacked directly on top of the SoC in a Package on a package, package-on-package (PoP) configuration or placed nearby on the motherboard. Some SoCs also operate alongside specialized chips, such ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Presidency Of Joe Biden
Joe Biden's tenure as the List of presidents of the United States, 46th president of the United States began with Inauguration of Joe Biden, his inauguration on January 20, 2021, and ended on January 20, 2025. Biden, a member of the Democratic Party (United States), Democratic Party who Vice presidency of Joe Biden, previously served as Vice President of the United States, vice president for two terms under President Barack Obama from 2009 to 2017, took office after his victory in the 2020 United States presidential election, 2020 presidential election over the incumbent president, Donald Trump of the Republican Party (United States), Republican Party. Upon his inauguration, he became the List of presidents of the United States by age, oldest president in American history, breaking the record set by Ronald Reagan. Alongside Biden's presidency, the Democratic Party also held their slim majorities in the United States House of Representatives, House of Representatives under Sp ...
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Horizon Robotics
Horizon Robotics, Inc. () is a Chinese technology company headquartered in Beijing. The company develops artificial intelligence (AI) chips used in self-driving cars and advanced driver assistance systems (ADAS). Background Horizon Robotics was founded in 2015 by several former Baidu employees, including Yu Kai who previously led Baidu's self-driving car division. The company was funded by notable investors that included Intel, Hillhouse Investment, HongShan, Yuri Milner, Sinovation Ventures and Yunfeng Capital. Other backers include BYD, Chery and CATL. Due to the United States New Export Controls on Advanced Computing and Semiconductors to China, Horizon Robotics attracted more interest from investors who felt it could be an alternative to Nvidia in China which had to abide with selling restrictions. In December 2017, Horizon Robotics launched Journey 1.0, the first generation of its AI chips used in vehicles. It would help cars recognize external objects in a low power c ...
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Texas Instruments
Texas Instruments Incorporated (TI) is an American multinational semiconductor company headquartered in Dallas, Texas. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. TI also produces digital light processing (DLP) technology and education technology products including calculators, microcontrollers, and multi-core processors. Texas Instruments emerged in 1951 after a reorganization of Geophysical Service Incorporated, a company founded in 1930 that manufactured equipment for use in the seismic industry, as well as defense electronics. TI produced the world's first commercial silicon transistor in 1954, and the same year designed and manufactured the first transistor radio. Jack Kilby invented the integrated circuit in 1958 while working at TI's Central Research Labs. TI also invented the hand-held calculator in 1967, and intr ...
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