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Search results for 2015

Mobility

Tesla to build in-house maps and navigation system to address FSD limits

Tesla is moving to build its own mapping as it seeks to fix key problems in its Full Self-Driving (FSD) system. The company said it is developing an in-house maps and navigation framework to improve speed-limit recognition, parking and route selection. AI vice president Ashok Elluswamy said Tesla is building an AI map and navigation architecture based on data collected by its fleet and designed to learn driver preferences and respond to voice commands.

People

GPJ appoints Rich Jee as vice president and Korea country head

Experience marketing agency George P. Johnson (GPJ) has appointed Rich Jee as vice president and Korea country head, the company said on Wednesday. Jee has more than 20 years of sales and marketing experience across technology, retail, FMCG and professional services. Most recently, he served as CMO for AWS Korea and as a global programme leader for the Asia Pacific and Japan region. He previously held marketing and sales roles at Intel Korea, Tesco dunnhumby, Dell Computer Korea, Samjong KPMG and Kellogg Korea.

AI & Enterprise

Finda wins approval to buy 60% stake in Daewon Savings Bank, first fintech entry into savings bank sector

Finda, a fintech company, is entering the savings bank business through the acquisition of Daewon Savings Bank. The company said it won approval from South Korea\'s Financial Services Commission on Oct. 21 for a change of major shareholder. The deal totals 12 billion won, with Finda taking a 60% stake and Jeonbuk Bank holding 40%. Finda plans to develop its own financial products and build an AI-native banking system.