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      <p>
        Resilience, a cyber insurance provider, announced the launch of a cyber risk platform to provide customers a holistic view of their cyber risk across the entire organization.
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        The solution offers cyber risk quantification, assessment, control, and financing features, and will be available in three tiers based on an organization&rsquo;s cyber risk complexity. Each customer will receive the following benefits: an AI risk management platform, a cyber risk decision and mitigation action plan, responsive insurance coverage, expert support, and a cyber advocacy programme.
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  <p>
    <a href="https://www.globenewswire.com/news-release/2023/05/01/2658435/0/en/Enhancing-Cyber-Risk-Management-with-the-New-Resilience-Solution.html">
      Company press release
    </a>
  </p>
  <p>
    <a href="https://www.insurancebusinessmag.com/us/news/cyber/resilience-launches-new-cyber-risk-solution-444508.aspx">
      Insurance Business
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Cyber Insurance

Resilience launches a cyber risk solution

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>NVIDIA, a tech company, has established a partnership with Chery Automobile, a Chinese car manufacturing giant, to create an intelligent driving platform. This platform will be based on NVIDIA's "DRIVE Thor," a centralized car computing technology, and will be initially employed in Chery's high-end vehicle models.</p>
 <p>The advanced AI capabilities of DRIVE Thor chip will be integrated into the future models of Chery to enhance the driving experience.</p>
 <p>Notably, this collaboration is an advancement from NVIDIA’s existing "DRIVE Orin" platform, utilized in Chery's latest model, "EXEED STERRA ET." This model offers features like automated driving assistance and intelligent parking.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> NVIDIA's Drive Thor chip introduced <a href="https:<br>
//sp-edge.com/updates/13215"> in September 2022 </a> is anticipated to power a range of next-generation vehicles, including robotaxis, autonomous delivery vehicles (ADVs), and long-haul trucks. ADV developer <a href="https:<br>
//sp-edge.com/companies/454812"> Nuro </a> and autonomous truck manufacturer <a href="https:<br>
//sp-edge.com/companies/1410679"> Waabi </a> have already integrated Drive Thor into their driving systems. Other Chinese automakers like <a href="https:<br>
//www.teslarati.com/nvida-drive-thor-chip-autonomous-vehicles/"> BYD, Li Motors, and Xpeng </a> also plan to incorporate Drive Thor into their upcoming vehicle models, highlighting the chip's broad adoption and pivotal role in advancing autonomous transportation technologies.</p>

NVIDIA to offer 'Drive Thor' platform to Chery to develop intelligent driving functions

Automation and robotics are finally creating solutions for the complexities of doorstep deliveries.

Last-mile Delivery Automation

<div>
 <p>Alphabet's drone delivery division, Wing, is partnering with the National Health Services (NHS) in the UK to test drone-based blood sample deliveries between London hospitals. They will be working alongside Apian, a medical logistics firm and this project will be financially supported by the NHS.</p>
 <p>The service is set to roll out in summer of this year, and is planned to run for six months, with potential expansion if successful. The drones will be used to transport high-priority samples between Guy’s and St Thomas’ hospitals in South London. The goal is to make 10 daily deliveries during weekdays from 9 a.m. to 5 p.m. during the trial period.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Alphabet Wing’s upcoming UK trial would mark the company’s first drone-based delivery operations in the country. This positions the company to potentially launch ahead of <a href="https:<br>
//sp-edge.com/companies/203208"> Amazon </a> <a href="https:<br>
//sp-edge.com/updates/22843"> this year. </a> Furthermore, Wing has previously collaborated with Apian <a href="https:<br>
//sp-edge.com/updates/21053"> in August 2023 </a> for drone deliveries in Ireland. On a separate note, NHS is already experienced in drone-based deliveries, having previously conducted UK trials in partnership with startups including <a href="https:<br>
//sp-edge.com/companies/69024"> Zipline </a> <a href="https:<br>
//sp-edge.com/updates/25057"> (December 2023), </a> &nbsp; <a href="https:<br>
//sp-edge.com/companies/865738"> Skyports </a> <a href="https:<br>
//sp-edge.com/updates/20818"> (August 2023), </a> and <a href="https:<br>
//sp-edge.com/companies/1311070"> Skyfarer </a> <a href="https:<br>
//www.commercialdroneprofessional.com/coventry-universitys-medical-drone-start-up-skyfarer-takes-flight/"> (September 2020). </a></p>

Alphabet's Wing partners with NHS and Apian for drone-based blood sample deliveries between London hospitals

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience.

Neo Insurance

<div>

<p>Akur8, an AI-driven pricing solutions provider for insurers, has been chosen by Tokio Marine HCC for its pricing platform. Tokio Marine HCC plans to boost its pricing abilities using Akur8's ML technology. This technology will provide quicker model building, clear GLM outputs, and data-backed underwriting. Also, it plans to use this technology to initiate mature model implementations, streamline pricing processes, simplify rate plan changes, and enhance data comprehension.</p>

</div>

Akur8 partners with Tokio Marine HCC to enhance pricing processes with ML technology

<div>
 <p>California is considering a bill, AB1777, to introduce new regulations for autonomous vehicles (AVs). These requirements include an emergency telephone line for first responders, installing two-way communication devices in every AV, and enabling officials to control AVs using geofencing in emergency situations.</p>
 <p>The legislation would also obligate AV manufacturers to report collisions within five days and address current issues with citing driverless cars for traffic violations.</p>
 <p>The proposed bill if passed will grant the state the power to place conditions on AV usage based on several factors like location, timing, type of road, speed limit, and weather after evaluating previous violations and crashes.&nbsp;</p>
 <p>Another relevant bill, SB915, stipulates the need for local jurisdictions to enforce their own rules on AVs, such as requiring permits, setting vehicle limits, and determining operating hours before AVs can run in their areas.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Public sentiment towards AVs in California is deteriorating, highlighted by vandalism and protests. For instance, a Waymo vehicle was recently <a href="https:<br>
//www.cnbc.com/2024/02/11/crowd-sets-waymo-self-driving-car-ablaze-in-san-francisco.html"> attacked and set on fire. </a> Additionally, GM Cruise reintroduced self-driving vehicles with safety drivers <a href="https:<br>
//sp-edge.com/updates/28329"> earlier this month </a> in Phoenix, after its license was suspended in California <a href="https:<br>
//sp-edge.com/updates/23027"> in October 2023 </a> due to safety concerns and misrepresentation of safety data by the company, which subsequently led to the <a href="https:<br>
//sp-edge.com/updates/23186"> withdrawal of its robotaxi operations </a> nationwide.</p>

California regulators propose bill to restrict AV operations within state

Using AI to automate, enhance and optimize marketing activities

Marketing Automation

<div>
 <p>AdTech company, GumGum, known for its contextual analytics intelligence platform, has incorporated ad media from Playground xyz into its operations in the Asia-Pacific region. This move completes the global rollout of its Mindset Platform, which had previously been launched in North America and Europe. This platform is devised to understand user mindsets and to deliver advertisements that are most likely to resonate with users.&nbsp;</p>
 <p>The Attention Intelligence Platform (AIP) of Playground xyz will continue to operate as a distinct data solution. It will measure attention for GumGum's media business across a variety of different platforms, such as Display, YouTube, Facebook, Instagram, TikTok, and OLV.&nbsp;</p>
</div> <p><b>Analyst QuickTake</b> :<br>
 The integration of Playground xyz's media portfolio into GumGum's APAC business is part of the company's strategy to solidify its position as a leader in digital advertising innovation. Building on the successful launch of The Mindset Platform in North America and Europe and the introduction of the <a href="https:<br>
//sp-edge.com/updates/24563"> Mindset Index </a> for enhanced audience engagement measurement, this integration allows GumGum to leverage technology to deliver actionable insights and enhanced advertising solutions tailored to the unique needs of the APAC market.</p>

GumGum integrates Playground xyz's media portfolio into APAC business

Conservation Tech

<div>
 
 <p>Marine technology firm, Kraken Robotics, has raised CAD 17.5 million (USD 12.8 million) in a public offering, led by a consortium of investment dealers headed by Cormark Securities. In this investment round, these dealers agreed to purchase 18,422,000 common shares at a rate of CAD 0.95 (USD 0.70) per share.</p>
 <p>The funding secured will be used to advance the company's long-term strategy, which includes potential investment in new facilities, expansion of manufacturing capacity, and increasing the scope of single-award programs. Additionally, the funding will bolster the company's balance sheet, preparing it for future large-scale projects and for general corporate purposes. The closing of this investment round is projected to happen by May 16, 2024.</p>
 
</div>

Kraken Robotics raises CAD 17.5 million in common shares funding

Next-gen packaging solutions for enhanced product tracking, inspection solutions and freshness monitoring

Smart Packaging Tech

<div>
 
 <p>FUJIFILM Integrated Inkjet Solutions has launched the DE1024 Digital Embellishment Printbar System and the FUJIFILM 42X Printbar System for enhancing high-speed, drop-on-demand print technology across multiple applications.</p>
 <p>The DE1024 system is specifically designed to add digital embellishments like spot varnish, to various kinds of packaging materials, thus ensuring their seamless integration with label presses and related machinery.</p>
 <p>The FUJIFILM 42X Printbar System, as claimed by FUJIFILM, facilitates easy-to-use controls for four-color edge-to-edge printing. This system enables businesses and brand owners to add advanced digital printing capabilities to their existing setup conveniently.&nbsp;</p>
 
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Fujifilm introduces new integrated inkjet products to enhance high-speed print technology

Electrifying passenger and commercial travel

EV Economy

<div>

 <p>Honda Motors has announced an investment of CAD 15 billion (~USD 11 billion), supported by joint venture partners, aimed at establishing an electric vehicle (EV) value chain in Ontario, Canada. </p>
 <p>The company's plans include the creation of an EV plant and a dedicated Honda EV battery plant in the region. The value chain will also incorporate a plant for cathode active material and precursor (CAM/pCAM) processing, in a joint venture with POSCO Future, and a separator plant, in a joint venture with Asahi Kasei Corporation.</p>
 <p>These developments are slated to start production in 2028. The capacities of these facilities will be as follows: the EV plant will be capable of producing 240,000 units annually, and the battery plant will have a capacity of 36 GWh.</p>

</div>

Honda plans to invest CAD 15 billion to create EV value chain in Canada

<div>

 <p>Toyota has announced an investment of USD 1.4 billion in its Indiana plant, aiming to assemble a new battery electric SUV in the US. The allocated funds will be utilized to acquire plant infrastructure required to construct the Battery Electric Vehicle (BEV), and to introduce a new battery pack assembly line at the facility.</p>

</div>

Toyota to invest USD 1.4 billion in EV plant to assemble electric SUV

Clean, congestion-free air travel gets liftoff

Passenger eVTOL Aircraft

Joby Aviation, a NYSE-listed eVTOL developer, has agreed to a Memorandum of Understanding (MoU) with various Abu Dhabi governmental departments to expand air taxi services across the region. The MoU sets the stage for zero-emission air taxi operations between Dubai and Abu Dhabi from 2025, an initiative that is expected to augment the quality of experiences for locals and visitors by offering green transportation options. Joby Aviation's aircraft is capable of carrying a pilot and four passengers at speeds up to 200 mph and a maximum range of 100 miles. This aircraft will be featured in Abu Dhabi at the DRIFTx event and overseen by the UAE General Civil Aviation Authority.

All Updates