Latest news with #LiDAR
Yahoo
2 hours ago
- Automotive
- Yahoo
Jim Cramer on Ouster: 'I'm Going to Say No to Speculative'
Ouster, Inc. (NASDAQ:OUST) is one of the stocks on Jim Cramer's radar. During the lightning round, a caller asked what Cramer thinks of the company, and he commented: 'Yeah, you know it's a LiDAR company… and the LiDAR companies have been losing a fortune. I don't think that there's anything investible in, honestly, in autonomous, other than Tesla. Waymo's not enough, of Alphabet. So I'm going to say no to speculative.' A group of robotic vehicles navigating a terrain autonomously utilizing the company's 3D vision technology. Ouster (NASDAQ:OUST) designs and supplies high-resolution lidar sensors and software solutions used in automotive, industrial, robotics, and smart infrastructure applications. The company's products include scanning and solid-state sensors, along with platforms for perception, traffic management, and safety. In May 2024, Cramer showed bearish sentiment toward the stock as he said: 'Oh man, that's a lidar play. I'll tell you — I've not been recommending any of those EV plays that are losing money. They do a lot of autonomous vehicles, but I can't go there because I'm not recommending stocks where they just have not been able to even get near a profit.' While we acknowledge the potential of OUST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Gizmodo
12 hours ago
- Business
- Gizmodo
If Cleaning Isn't Your Thing, the Roborock Q8 Max Is Going for Peanuts on Amazon
Roborock is synonymous with premium quality in the robot vacuum world, and almost all of its products integrate vacuuming as well as mopping functions for a comprehensive cleaning experience. Though the company has premium models that cost as much as $1,500, the one on offer right now is much more affordable. To be honest, it's the cheapest Roborock one can get their hands on today. The Roborock Q8 Max is now down to just $229 which is an incredible $170 off its original $399 price tag (43% off). It's a rare chance to get a powerful and intelligent vacuum and mop combo without investing anywhere near the cost of other high-end models. See at Amazon Beneath its gleaming exterior, the Q8 Max has a very efficient DuoRoller brush system designed to pick up maximum hair and reduce tangles (immensely helpful if you have pets with shedding all over your floors). The vacuum has up to 5500Pa of suction power so it does not just glide across surfaces but picks up dirt and dust from as far down as carpet fibers. It's able to move smoothly across hardwood floors and carpets so it's an excellent option if your home includes multiple types of flooring. You'll also like its LiDAR navigation tech which allows it to accurately map your home and navigate effectively from room to room. It learns your space in no time and avoids back-and-forth patterns that waste battery and time. The robot also has obstacle avoidance and it can detect and steer around things like charging cables, shoes or pet bowls. The Roborock Q8 Max can also mop as well: You receive a feature that combines cleaning to have your floors much cleaner in less time. The flow of water is electrically controlled to prevent puddling and the mopping mechanism is smart enough to be uniform across the entire floor. Multi-floor mapping means the robot is able to save maps of different floors in your home and recognize them automatically, which is great if you move the vacuum regularly between floors. Through the Roborock app, you can set no-go zones, schedule a cleaning, manage suction power and even order it around remotely when you are not in the house. You get voice control through Alexa, Google Assistant or Siri shortcuts if you prefer hands-free interaction. Everything regarding the Roborock Q8 Max is designed in such a manner that cleaning will be less bothersome. At today's Amazon discount that drops it to $229, it's a smart time to buy a robot vacuum that gets the job done. See at Amazon
Business Upturn
12 hours ago
- Business
- Business Upturn
Arctic Gateway Group Makes Significant Infrastructure Upgrades
WINNIPEG, Manitoba, July 15, 2025 (GLOBE NEWSWIRE) — Arctic Gateway Group (AGG) is currently undertaking major infrastructure improvements at the Port of Churchill and along the Hudson Bay Railway. With expanded freight operations, new construction at the Port of Churchill, and upcoming port modernization projects, AGG is investing in long-term strength for Canada's Arctic trade corridor. 'The Port of Churchill is primed to become a major Canadian trade asset,' said Chris Avery, CEO, Arctic Gateway Group. 'The investments we are making are setting the stage for a new era of growth and Northern economic activity, unlocking the trade and transportation potential of Canada's Arctic Trade Corridor to better serve the Canadian national interest.' Expanded Freight Operations Now in Effect A second weekly wayfreight train is now operating along the Hudson Bay Railway, following successful efforts to train and hire new conductors for the Northern workforce. This expansion has also been made possible by years of investment in railway rehabilitation and new technologies that keep the railway strong and safe. The Hudson Bay Railway is now in its best condition in more than 30 years. 'This marks a new level of service and reliability along the line,' said Avery. 'We've reached this point by investing in the people and technologies needed to operate safely and reliably in Canada's North.' AGG's investments in hiring and training local conductors and railway staff have deepened the company's workforce capacity, while partnerships with Canadian firms such as TrackSense by DecisionWorks and Aposys have brought new technologies into the field. These include ground-penetrating radar, LiDAR, drone inspections, GPS-tracked maintenance, land-based sensors, and artificial intelligence for data monitoring. New Critical Mineral Storage at the Port of Churchill Construction is now complete on a new critical mineral storage facility at the Port of Churchill. Once operational, it will triple the port's storage capacity for critical minerals, meeting growing demand from the Canadian mining sector and positioning Churchill as a key hub for resource exports. This facility can also support the storage needs of other commodities, such as certain types of potash. 'Manitoba, Nunavut and Western Canada hold vast amounts of critical minerals,' said Avery. 'With more storage capabilities at the Port of Churchill we can better meet the needs of Canadian critical mineral producers looking for new, reliable trade routes.' Port Modernization and Wharf Refacing In the coming months, major modernization work will begin at the Port of Churchill. Work this year includes the refacing of the wharf, ensuring long-term safety and operability as shipping traffic grows. These upgrades will enhance the Port's ability to handle bulk cargo efficiently and safely, and sets the Port up to further diversify export and import commodities. First Arctic Supply Ship The first Arctic supply ship of the 2025 season arrived at the Port of Churchill over the weekend, loading construction equipment, essential goods, and building materials to be exported to the Kivalliq region of Nunavut. AGG has a long-standing relationship with Kivalliq communities, with partnerships in place for expanded growth. 'We're focused on building a resilient transportation corridor that people in the Canadian North can rely on, one that also serves the trade, transportation, and security needs of a changing Arctic,' said Avery. About Arctic Gateway Group The Arctic Gateway Group is a proudly Indigenous- and community-owned Manitoba company that owns and operates the Port of Churchill, Canada's only Arctic seaport serviced by rail, as well as the Hudson Bay Railway, operating from The Pas to Churchill. Together this northern infrastructure forms the nexus of Canada's Arctic Trade Corridor, providing a reliable and efficient route for Canadian resources to access world markets. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Engadget
15 hours ago
- Automotive
- Engadget
Lucid will add hands-free driving options later this month
Lucid is about to roll out its first hands-free features. On July 30, Lucid Air sedan owners with the DreamDrive Pro add-on will get automated drive assist and lane-change features. If you have a Gravity SUV you'll have to wait until later this year. The features will arrive via an OTA update for vehicles with DreamDrive Pro hardware. The optional add-on has 32 sensors, including LiDAR, radar, ultrasonic sensors and cameras. DreamDrive Pro already supports semi-autonomous features like lane change assist and curve control. The new drive assist and lane-change features take the automation further, letting you go hands-free. (Your eyes will still need to be on the road, of course). The features will only work on compatible divided highways. Lucid joins a growing pack of EV makers with hands-free options. It's a list that now stretches far beyond Tesla's Autopilot and Full-Self-Driving. Rivian, GM, Ford and Nissan each have automated options. As for Lucid, it's been a rocky ride lately, reflecting the industry's broader turbulence. It had two rounds of layoffs, cutting 400 people last year after reducing its workforce by 1,300 in 2023. On the bright side, its Gravity SUV has had a positive reception. (It's rolling out now, joining the Air sedan in the lineup.) Lucid is also expanding its real estate. Earlier this year, the automaker acquired an Arizona plant previously owned by the bankrupt Nikola.
Business Standard
20 hours ago
- Automotive
- Business Standard
Sparsh CCTV, Innoviz Technologies and Cron AI partner to offer Security and Intelligent Transport System (ITS) Solution Across India
PRNewswire New Delhi [India], July 15: Sparsh CCTV, one of India's leading manufacturers of smart cameras and integrated surveillance solutions with multiple government and enterprise clients in India, Innoviz Technologies Ltd. (NASDAQ: INVZ), a global automotive leader in LiDAR solutions, and Cron AI, a leading deep learning 3D perception provider, announced today the collaboration to offer an integrated LiDAR-camera-vision perception platform, purpose-built for large-scale deployment across transport, perimeter security, railways and critical infrastructure. The announcement comes at a time when India's perimeter security sector is valued at USD 3.23 billion (2022) and projected to grow at a CAGR of 14% through 2030¹. The intelligent transport market, currently worth USD 1.44 billion (2024), is expected to more than double by 2033². Meanwhile, railway modernization and infrastructure investments exceed USD 1.3 billion³, driven by national programs like DFCCIL and Kavach. Together, these sectors represent over USD 1 billion⁴ in addressable opportunity for edge-native LiDAR-camera systems -- with massive scaling potential through 2030. With a footprint across 120+ cities, a network of 2,000+ partners and an annual production capacity of 500,000+ security devices, Sparsh will lead go-to-market efforts, support integration and explore local manufacturing for the unified sensing platform. The edge-native perception nodes -- combining high-performance LiDAR, deep-learning perception, and vision analytics -- are expected to be a part of security infrastructure upgrade project which is planned to go live at critical infrastructure across India. These systems are intended to deliver real-time insights into vehicle movement, pedestrian safety and perimeter activity -- all processed on the edge, without reliance on cloud compute or high-power infrastructure. "This partnership marks a major leap in how India can deploy high-performance, real-time sensing at scale," said Sanjeev Sehgal, Founder and MD of SparshCCTV. "By integrating global best-in-class LiDAR and 3D perception into our portfolio, we're equipping our customers across cities, industries, and government with intelligent systems that are built for Indian conditions and ready to scale." The integrated platform takes into account the complexities of Indian outdoor environments -- heat, dust, glare, fog, and electrical instability and delivers continuous, low-latency awareness at the edge. - InnovizSMART LiDAR delivers long-range, high-resolution, uniform 3D coverage, built to perform in harsh weather and lighting conditions - Cron AI's senseEDGE processes every point in the LiDAR cloud using deep learning -- not clustering -- for greater accuracy, richer context, and consistent performance. It runs at just 8 watts, with no GPU or external infrastructure - Sparsh's vision systems contribute intelligent classification, layered redundancy, and real-time visual analytics -- enhancing overall system reliability Together, they create a true sensor fusion platform, where 3D point cloud, video vision and edge-native AI combine to deliver next-gen situational awareness, deployable in the near future. "India's infrastructure needs intelligence that's fast, reliable, and frictionless," said Tushar Chhabra, Founder and CEO - Cron AI."We built senseEDGE for exactly this kind of real-world complexity. With Sparsh and Innoviz, we are making 3D perception truly scalable across India's cities and critical infrastructure." "Innoviz is proud to bring our rugged, automotive-grade LiDAR technology to one of the world's fastest growing infrastructure markets," said Omer Keilaf, CEO and Co-founder - Innoviz Technologies. "Paired with Cron AI's powerful edge-native perception and Sparsh's national reach, we are going to enable real-time intelligence for India's transport, security, and smart city initiatives." From intersections, railways to critical infrastructure and perimeters, this is the future of sensing in India -- real-time, intelligent, and built for deployment at scale. About Sparsh CCTV Sparsh is India's first STQC-certified CCTV camera brand and a leader in vision-based security. With operations in 120+ cities, exports to 10+ countries, and a partner network of 2,000+, Sparsh manufactures and deploys over half a million devices annually across sectors like law enforcement, transport, and critical infrastructure. About Cron AI Cron AI is a deep tech company transforming 3D perception for real-world infrastructure. Its platform, senseEDGE, uses deep learning to interpret every point in a LiDAR cloud -- delivering accurate, robust insights on just 8 watts of edge compute. Offered via a Data-as-a-Service (DaaS) model, Cron AI makes real-time 3D intelligence easy to deploy and scale. About Innoviz Technologies Innoviz is a global leader in LiDAR technology, serving top-tier automotive and industrial partners. Its solid-state LiDAR sensors and software meet the highest standards for safety, performance, and reliability -- and are trusted worldwide across transport, defense, and autonomous systems. Footnotes & Sources 1. Grand View Research - India Perimeter Security Market Outlook 2. Astute Analytica via GlobeNewswire - India ITS Market Forecast 3. See: Indian Railways CapEx Budget, DFCCIL Project, Kavach - PIB 4. Cron AI internal market sizing estimate based on infrastructure deployment potential and edge native perception opportunity Photo:
