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World Intelligent Vehicle Conference 2021 Helps Shape the Future of the Vehicle Industry

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The World Intelligent Vehicle Conference 2021 was held in Nansha, Guangzhou on December 16-17. Organized by the International Cooperation Center of the National Development and Reform Commission, The People’s Government of Guangzhou Municipality, and Asia Digital Group, and undertaken by Guangzhou Municipal Development and Reform Commission, Nansha District People’s Government of Guangzhou Municipality, and ADG Expo Co., Ltd., the two-day World Intelligent Vehicle Conference 2021 drew over 100 domestic and foreign government representatives, experts and scholars, business leaders, investment representatives, etc. Centering on the theme of “A New Chapter of ICV”, participants delivered speeches at the opening ceremony and main conference, 10 parallel forums, and a range of outfield activities. Participants discussed the latest trends in the global intelligent vehicle field, and the future of the intelligent vehicle industry.

Join hands to create a blueprint for the future

We observe an irresistible trend in the evolution of the automotive sector when intelligent vehicles become the highlight, a hot topic and the focus. When resources are pooled together, accelerated exploration and development become a foregone conclusion. It becomes all the more important to pool wisdom and pick the best course of action.

At the opening ceremony and main conference of the World Intelligent Vehicle Conference 2021, the leaders of the National Development and Reform Commission and The People’s Government of Guangzhou Municipality delivered speeches. Liu Jianxing, deputy director of the International Cooperation Center of the National Development and Reform Commission; Dong Ke, director of Nansha District, GuangzhouHugo Shong, Founding Chairman of IDG Capital; Zhu Dongfang, president of Asia Digital Group; Ouyang Minggao, an academician of the Chinese Academy of Sciences, an expert in new energy power system; Shi Dinghuan, a former counselor of the State Council, former Secretary-General of the Ministry of Science and Technology, chairman of The Investment Association of China,IAC, chairman of the World Green Design Organization; Liu Yan, deputy Secretary-General of China Association of Automobile Manufacturers (CAAM); Gu Yu, a professor of the Goethe University Frankfurt in Germany and a foreign member of the Russian Academy of Natural Sciences (RANS); Dong YangChina EV100 Vice Chairman; Wu Song, executive vice president of GAC Group Co., Ltd.; Wang Xiaogang, president of Mobile Intelligence Group, Co-founder, SenseTime; Han Xu, founder & CEO of WeRide; Huang Hongsheng, founder of Skyworth Group and Chairman of Skywell New Energy Automobile Group; Liu Junfeng, vice president of iFLYTEK Co.Ltd.,general manager of Automotive BU, iFLYTEK,and general manager of Galaxy Autotech. Co.,Ltd; He Kaixin, vice-president & CTO of HYCAN Automotive Technology Co.,Ltd; Li Hengyu, vice president of Pony.ai and Head of Pony.ai’s Robotruck Business Unit; Jim Wunderman, president and CEO of the Bay Area Council; Karl Fuchs, vice president, Innovation & Technology China, Continental, and other important guests shared their opinions and suggestions for development.

Hugo Shong gave a keynote address via video link, stating that the intelligent vehicle industry has the characteristics of high capital and technology added value, strong influence on other areas, etc., and occupies an important strategic position in the global market. As an investor, IDG Capital aspires to foster more innovative unicorn companies. It is hoped that representatives would brainstorm and build consensus, as well as cooperate and work hard in areas such as building an internationally influential auto brand, enhancing chip supply, and application in certain scenarios.

Ouyang Minggao stated his hope in the speech that the concept of intelligent vehicles be extended to intelligent automobiles in a broad sense, promoting the intelligent revolution in an all-round way. Becoming intelligent is the most important means for all-round automotive innovation. The World Intelligent Vehicle Conference is held in Guangzhou, a city in the Greater Bay Area. It is a suitable location. The Greater Bay Area is the most dynamic place for technological innovation, as well as a prominent area for economic development, reform and opening up. It has benefits in terms of competent personnel and industries, especially in sectors related to intelligent vehicles. I believe that the World Intelligent Vehicle Conference held here will help the Greater Bay Area play a major role in promoting the development of intelligent vehicles and the application of artificial intelligence to vehicles.

Gu Yu delivered a speech entitled “The Evolution of Artificial Intelligence Technology: from ‘Perceptual Intelligence’ to ‘Cognitive Intelligence'”. Because smart devices are driven by the human mind, the vehicles are now called man-machine interaction, rather than man-machine fusion. The goal of man-machine fusion is to fully integrate the human and the machine. Perception is a type of perception that people obtain by gathering these things and processing with their brains. The process by which people use, comprehend, and develop knowledge is known as cognition. The two are not the same. The vehicle will be truly intelligent if we get from perceptual intelligence to cognitive intelligence one day.

In the speech entitled “The Selection of “Decarbonization” Track for Auto Enterprises to Achieve Dual Carbon Goals”, Wu Song remarked that the “dual-carbon” goals are promoting the automotive vehicles to become intelligent, connected and electrically powered. As vehicles become electrically powered, the industrial chain is decarbonized, necessitating a greater emphasis on a well-coordinated low-carbon supply chain. New energy vehicles are increasingly being integrated into the green energy ecosystem. GAC Group is forging ahead with the Green Low-carbon for Achieving Sustainable Success (GLASS) plan. The investment focus will shift from transforming traditional vehicles into hybrid vehicles to new energy intelligent connected vehicles.

The intelligent vehicle development and cooperation are discussed from a global perspective. Jim Wunderman gave a speech via video link. He pointed out that the Bay Area is not only one of the fastest-growing regions for new energy vehicle market, but also a region for the robust development of the new energy vehicle industry. The Bay Area is where the future of the intelligent vehicle industry lies.

Cornerstone of the industry

At the opening ceremony and the main conference, heavy-hitter attendees addressed the top-level plans for intelligent vehicles. Guests shared insights and views on different areas from different perspectives at the parallel forums.

At the ten parallel forums, that is, ” R&D and Application of Global Key Technologies of  ICV”, “Chinese Vehicles Stand Out the World by Auto Vision China”, “Softwares Boost International Competitiveness”, “Improve IOV with Data Security and Regulations”, “Explore the Development of Independent Brand Vehicles“, “Exploration of Business Application for Autonomous Driving”, “A New Journey of Dual Carbon Goals for Vehicles”, “Cooperative Vehicle Infrastructure Leads the Development of Autonomous Driving”, “Development Opportunity of ICV and Supply Chain in Greater Bay Area”, and “Evolution and Future Trend Market of New Energy Vehicles”, participates shared insightful thoughts about the intelligent vehicle industry, brainstormed solutions, and analyzed critical issues and important trend.

At the conference, we can sense the pulse of global development, and see Guangzhou’s development speed. Guangzhou is working to promote the large-scale development of intelligent vehicles and new energy vehicles. In 2020, Guangzhou ranked first in China in the automotive industry, with a total output value of 586.026 billion yuan. From January to November 2021, its total output value increased by 3.3 percent, to 538.303 billion yuan. Over 120,000 new energy vehicles were registered, an increase of 81.9 percent. Guangzhou boasts 13 national and provincial technology and manufacturing innovation centers in the automotive industry. It ranks top in China in terms of test open section mileage, road test licenses for autonomous driving, 5G base stations, among other things. It is the first Chinese city to recognize intelligent vehicle road test licenses from other regions. Nansha District in Guangzhou is in a league of its own in the automobile sector, with Huangge International Auto Town in the north, the Pearl Bay Intelligent Connected Vehicle Innovation Zone in the central region, and the Wanqingsha Intelligent Connected Vehicle Industrial Park in the south. It has formed a development pattern in which GAC Toyota is the leader, new energy vehicles are the extension, and intelligent networked vehicles are the expanded area. The car production capacity has topped 800,000 units, and the output value has surpassed 100 billion yuan for four straight years. It is stepping up a gear to establish a new 100 billion yuan-level new energy vehicle industrial cluster.

Furthermore, the Industrial Development Closed-door Meeting of the World Intelligent Vehicle Conference 2021 was also held. Experts, scholars, investors, entrepreneurs and others discussed the planning of the intelligent vehicle industry in Guangzhou in the areas such as intelligent vehicle ecosystem industry chain, and intelligent manufacturing, and made suggestions for the future development of Nansha automobile cluster.

A new chapter of ICV

World Intelligent Vehicle Conference is a multi-faceted platform, presenting ideas and wisdom, as well as opportunities.

At the conference site, the exhibits include the latest models, technologies, and products, presenting a wealth of innovative intelligent vehicle products with breakthroughs and high application value, such as electric vehicles, sensors, chips, computing platforms, autonomous driving solutions, V2X communications, and artificial intelligence. The ” Research Report of Intelligent Vehicle Industry 2021″ examines the current state and future trends of the intelligent vehicle industry in five sections: plan for the intelligent vehicle industry, intelligent vehicles application scenarios and business models, global development status of intelligent vehicles, industrial cooperation and investment, and outlook and practice towards 2030. Moreover, the Intelligent Vehicle Industry Awards 2021 was presented in five categories: WIV Intelligent Vehicle Technology Innovation Award, WIV Intelligent Networking Innovation Award, WIV Intelligent Transport Innovation Award, WIV Intelligent Vehicle Brand Innovation Award, and WIV Superior Service of Intelligent Vehicle Industry Award.

As an important outfield activity of the World Intelligent Vehicle Conference for attracting investment to Guangzhou, the Project Matchmaking Business Meeting aims to integrate and utilize project information, build a cooperation platform, increase services, facilitate the communications between governments, enterprises, and investment institutions, promote project cooperation, and attract more high-quality projects to Guangzhou. At the same time, this conference also demonstrates the introduction of competent personnel in the field of intelligent vehicles. Leading brands of intelligent vehicles expressed demand for high-end professional talents in the course of beneficial development.

The World Intelligent Vehicle Conference 2021 has concluded successfully, but it has provided ideas, clarified the development direction of the industry, promoted diverse exchanges, and fostered extensive cooperation, all of which give an impetus to the development of the intelligent vehicle industry.

SOURCE Asia Digital Group

Artificial Intelligence

Brainomix Achieves Breakthrough with FDA Clearance of e-Lung AI Software

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Established market leader in stroke AI imaging receives its first FDA clearance in the lung imaging space.With this expanded foundation of AI-driven healthcare solutions, the Oxford-based company remains committed to driving innovation and delivering impactful advancements in imaging biomarkers.OXFORD, England, and CHICAGO, May 17, 2024 /PRNewswire/ — Brainomix, a pioneer in artificial intelligence (AI) imaging solutions to enable precision medicine, is proud to announce the FDA clearance of its latest product, Brainomix 360 e-Lung. Brainomix’s entry into the lung imaging space follows a series of successful clearances and widespread clinical adoption of its Brainomix 360 Stroke platform in both the US and Europe.

The clearance of e-Lung marks a significant milestone in Brainomix’s journey to expand its footprint in medical imaging beyond stroke-related applications and represents a notable step forward in the quest for advanced lung imaging solutions. The company, with its rich academic heritage and record of scientific excellence, will expand its research collaborations in the pulmonology space to yield new insights to inform future iterations of e-Lung and chart a path towards continual improvements for the lung imaging technology.
Dr Deji Adegunsoye, Assistant Professor of Medicine and Scientific Director of the Interstitial Lung Disease Program at University of Chicago Medicine, said: “This is an exciting step for Brainomix, who have a demonstrated track record of developing novel AI-based solutions in stroke and are now applying that expertise to develop innovative tools in the lung space. The preliminary data for e-Lung is impressive and would indicate that we have a promising tool that could help to expedite healthcare delivery and improve clinically meaningful outcomes for patients with lung disease.”
Brainomix recently announced the publication of a new study1 in the prestigious peer-reviewed journal American Journal of Respiratory and Critical Care Medicine (AJRCCM), resulting from a research collaboration with AstraZeneca. The results showed that Brainomix’s proprietary lung imaging biomarkers, which include the weighted reticulovascular score (WRVS), stratified patients at risk of Idiopathic Pulmonary Fibrosis (IPF) progression, outperforming standard measures.
Dr Michalis Papadakis, CEO and Co-Founder of Brainomix, said: “We are harnessing our expertise in AI-powered imaging to develop novel biomarkers in other disease indications where AI can support imaging-based diagnostic and treatment decisions.
“This e-Lung FDA clearance reflects our focus on developing innovative solutions that empower healthcare professionals with cutting-edge tools for sophisticated disease evaluation, enhancing access to treatments that can ultimately work to improve patient outcomes.”
Brainomix will be presenting its latest e-Lung data at the American Thoracic Society (ATS) annual conference in San Diego May 17th – 22nd, including results from research collaborations with Heidelberg University and with Seattle-based Avalyn Pharma.
Am. J. Respir. Crit. Care Med.: 2024 Feb 16 – e-Lung CT Biomarker Stratifies Patients at Risk of IPF Progression in a 52-Week Clinical Trialhttps://www.atsjournals.org/doi/abs/10.1164/rccm.202312-2274LEAbout Brainomix
Brainomix specializes in the creation of AI-powered software solutions to enable precision medicine for better treatment decisions in stroke and lung fibrosis. With origins as a spin-out from the University of Oxford, Brainomix is an expanding commercial-stage company with offices in the UK, Ireland and the USA, and operations in more than 30 countries. A private company, backed by leading healthtech investors, Brainomix has innovated award-winning imaging biomarkers and software solutions that have been clinically adopted in hundreds of hospitals worldwide. Its first product, the Brainomix 360 stroke platform, provides clinicians with the most comprehensive stroke imaging solution, driving increased treatment rates and improving functional independence for patients.
To learn more about Brainomix and its technology visit www.brainomix.com, and follow us on Twitter, LinkedIn and Facebook.
Contacts
Jeff Wyrtzen, Chief Marketing & Business Development [email protected] +44 (0)7927 164210T +44 (0)1865 582730
Media enquiries
Charles ConsultantsSue [email protected] M +44 (0)7968 726585
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CUBE acquires global regulatory intelligence businesses from Thomson Reuters

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LONDON, May 17, 2024 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses.

The acquisition of these global businesses represents a major step forward in CUBE’s growth plans. It will deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s existing global customer base will be expanded to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s global employees will expand to 600, of which close to 250 are highly qualified regulatory subject matter experts, legal and compliance professionals.
Ben Richmond, founder and CEO of CUBE said: “Thomson Reuters is known to be the biggest and best in the industry for providing regulatory expert analysis and subject matter expertise, alongside world-leading journalism and news. The combination of CUBE’s purpose-built AI, with the years of content curated by Thomson Reuters Regulatory Intelligence and Oden expert analysts, will accelerate innovation. Together, we will deliver regulatory transformation capabilities for our global customers that could only have been imagined before.”
Richmond continues: “This combination will provide tremendous scale and depth across CUBE’s regulatory content and technology. It is a significant step toward creating an industry-defining regulatory compliance and risk platform that will benefit all customers and elevate the industry as a whole.”
Through this acquisition, CUBE will provide an expanded and comprehensive selection of specialized regulatory intelligence and regulatory change services, committed to excellence, quality, and highly contextualised and meaningful regulatory content for customers. By combining cutting-edge technology and subject matter expertise at scale CUBE will set a new bar for the industry in regulatory automation and content.
Chris Maguire, General Manager, Risk and Fraud, Corporates, Thomson Reuters said: “It was clear to us that CUBE had established itself as a leading regulatory intelligence provider for global enterprise clients in the financial services and insurance sectors. We wanted to ensure our customers and employees could work with an organisation that would continue to innovate and significantly invest in solutions like Thomson Reuters Regulatory Intelligence and Oden. We are working tirelessly to ensure a seamless and value-enhancing transition for customers and employees, and we are looking forward to working with the CUBE team during this transition.” 
Christopher Fielding, Hg, said: “We’re delighted to further extend our market reach, bringing in two high quality and complementary global businesses to the CUBE platform.”
Thomas Martin, Hg, added: “We see these acquisitions as enabling further innovation in the regulatory intelligence and change management sector, leading to strengthened demand for these quality solutions across the globe.”
The terms of the transaction will not be disclosed.
About CUBE
CUBE provides a highly comprehensive and robust source of classified, and meaningful AI-driven regulatory data to power its Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) solutions. CUBE’s purpose-built regulatory technology including its AI engine (RegBrain) and software platform (RegPlatform) tracks, analyses, and monitors laws, rules, and regulations in every country and in every published language to create an always up-to-date regulatory footprint that transforms visibility and compliance capability for customers across the globe.
With operations across Europe, North America, Canada, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes.
Following the strategic partnership with Hg in March 2024, CUBE announced the acquisition of US-based Reg-Room in May 2024.
About Hg
Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers.
This industry is characterised by digitisation trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.
With a vast European network and strong presence across North America, Hg’s 400 employees and around $70 billion in funds under management support a portfolio of around 50 businesses, worth over $140 billion aggregate enterprise value, with over 110,000 employees, consistently growing revenues at more than 20%.
About Regulatory Intelligence
Regulatory Intelligence is a proactive, connected, and comprehensive solution that tracks and analyses regulatory changes within ~2,000 regulatory bodies and rulebooks for more than 20 countries. It enables banking, financial services, and insurance (BFSI) sectors to manage exposure to operational, regulatory, and compliance risk.
About Oden
Oden State Rules and Regulations (SR&R), Oden Policy Terminator/Sentry PT, and OdenTrack provide repositories and automated solutions for complying with state rules and regulations on the provisioning of Personal and Business Insurance in the US.

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Cayman Enterprise City Publishes Socio-Economic Impact Assessment by Economist and Leading Advisor on the Caribbean, Marla Dukharan

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The Impact of Cayman Enterprise City’s Socio-Economic Development Project Nears USD $1 Billion
GRAND CAYMAN, Cayman Islands, May 16, 2024 /PRNewswire/ — Cayman Enterprise City (CEC) has released a Socio-Economic Impact Assessment by Marla Dukharan. The report illustrates that CEC is increasing its impact by supporting higher earnings for Caymanians and is driving a shift towards a knowledge-based economy by focusing on high productivity sectors. The release by Dukharan reads, “Caymanian resourcefulness and private sector-led innovation have been the driving force behind the islands’ outstanding socio-economic success. Cayman Enterprise City underpins the next generation of Cayman innovation and dynamism.”

With an economic impact of USD $130 million in 2023, contributing just under USD $1 billion to the local economic activity in 12 years since inception, “CEC is helping the nation to diversify economically, in terms of sectors and jobs, ensuring locals have economic and employment opportunities that match the nation’s progress,” the report reads.
The CEC socio-economic development project is now home to 352 Special Economic Zones Companies (SEZCos), many of which are globally recognised institutions led by top executives and industry experts. “CEC member companies are providing high-value employment with salaries exceeding those typically found outside of the special economic zone,” said Charlie Kirkconnell, Chief Executive Officer at CEC. “The CEC community is fully invested in Cayman and the report illustrates that the CEC socio-economic development project is making a very significant impact on Cayman’s economy and community.”
“As CEC continues to grow, it continues to create significant employment and entrepreneurial opportunities for Caymanians and we encourage anyone that might be interested in finding out how they might get involved, whether as a member of the community and/or as a volunteer in our Enterprise Cayman non-profit organisation (NPO).”
77% of Caymanian-held jobs at CEC member companies, are in sectors with high social returns and increasing global demand. “By putting skills first and prioritizing learning, CEC is enabling new industries to take root,” the release by Dukharan reads.
CEC, through its Enterprise Cayman NPO, is a first-mover in private sector-facilitated education and training in the Caribbean, making it a leading force to boost youth participation in the economy. By offering training in specialised skills, Enterprise Cayman is helping to close the gap in higher education and earnings for Caymanians. “Through Enterprise Cayman we’ve set out to strategically support meaningful employment and entrepreneurial opportunities for Caymanians, by providing internship and mentorship opportunities, by hosting skill-building and career focused training, and by providing invaluable networking and community engagement opportunities,” said Kirkconnell.
In 2023 individuals took advantage of 4,226 opportunities to participate in education, training, and career development events and, since launching entrepreneurial programming in 2021, Enterprise Cayman has worked with 41 new Cayman-born business ventures. “We’re helping to develop a local talent pool that meets the demand of Cayman’s growing digital innovation and technology sectors while, in parallel, offering exciting opportunities for individuals to launch new business ventures within an innovative business environment,” said Kirkconnell.  
With CEC’s new campus and state-of-the-art facilities, Signal House, the project “holds the promise of deep, continued economic impact,” the report concludes.
To access CEC’s economic impact assessments and Enterprise Cayman’s annual reports please visit https://www.enterprisecayman.ky/reports. For more information on how to get involved and for upcoming programmes and events visit www.enterprisecayman.ky. 
Website: www.caymanenterprisecity.com LinkedIn: @CaymanEnterpriseCityTwitter:  @CEC_CaymanInstagram: @CaymanEnterpriseCityFacebook: @CaymanEnterpriseCityYouTube: @ceccayman
About Cayman Enterprise City 
Cayman Enterprise City (CEC) is an award-winning development project which consists of three special economic zones (SEZs) focused on attracting knowledge-based and specialised-services businesses to set up a genuine physical presence in the Cayman Islands. The zones included within CEC are Cayman Tech City, Cayman Commodities & Derivatives Centre, and Cayman Maritime & Aviation City. With a dedicated Government Authority, licensing fee concessions and guaranteed fast-track processes, CEC enables international companies to quickly and efficiently establish a Cayman Islands office, which in turn enables them to generate active business income within a tax neutral environment.
About Enterprise Cayman 
Enterprise Cayman is a non-profit organisation (NPO) powered by Cayman Enterprise City in partnership with Cayman Islands’ special economic zone companies (SEZCos). The organisation, which applies the Theory of Change (TOC) methodology, provides Caymanians and residents with access to high-quality learning experiences and opportunities to develop and launch new business ventures, to pursue careers within the technology and innovation sectors, and to join a dynamic network of industry professionals. Let’s grow the next generation of Caymanian innovators and entrepreneurs with Enterprise Cayman!
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FOR MORE INFORMATION:Contact: Kaitlyn Elphinstone  Email: [email protected]  

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