Bengaluru: Ride-hailing service Ola on Tuesday announced the acquisition of ‘pikup.ai’, an artificial intelligence (AI) start-up based out of Bangalore, for an undisclosed sum. As part of the deal, the team at pikup.ai will join Ola. Co-founded by Inder Singh and Ritwik Saikia, pikup.ai uses autonomous technologies like AI, computer vision and sensor fusion to provides seamless AI-powered solutions for businesses. “As we advance on our mission to build mobility for a billion people, we are investing in futuristic technology solutions that will shape the future of mobility in India and the world,” said Ankit Bhati, co-founder and Chief Technology Officer, Ola. Also Read – Thermal coal import may surpass 200 MT this fiscal “We are very excited to welcome the pikup.ai team to Ola and we look forward to co-creating innovative technology that will help redefine the mobility experience in the times to come,” Bhati said. Ola is increasing its focus on using advanced analytics and deep technology to build futuristic mobility solutions for India and the world. Earlier this year, Ola announced its intent to set up an Advanced Technology Centre in the San Francisco Bay area to focus on developing next-generation technologies in mobility like electric, connected and autonomous vehicles. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost By bringing deep domain expertise to Ola, this ‘acquihire’ will also deliver innovations that continue to improve safety and transform customer experience, the company said. “We are looking forward to joining Ola on its mission to build mobility for a billion people and are very excited about building meaningful technology solutions that have a deep impact on the lives of millions, every single day,” said Inder Singh, co-founder of pikup.ai.
Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, May 1, 2017 – Providenciales – Startling figures coming from the Commissioner of Police yesterday indicate a reduction in crime by 14 percent, despite numerous daily reports of an increase in home invasions, aggravated assaults and escalating violence and other criminal activity. During a press conference on Thursday, Commissioner of Police, James Smith sought to provide a breakdown of the crimes reported for the year 2016/2017, stating a total of 2, 626 crimes were reported for all islands, with a 23 percent detection rate, one percent lower than last year.The report indicates seven murders in the last year, one murder less from the previous year. In defending this figure, the Top Cop described it as a “fairly standard detection rate”, when compared to the bigger crimes committed. He says while ideally detection rate should be 100 percent, his law agency is focused on solving the bigger crimes as the TCI enjoys fewer large crimes.He calls for the public to take more responsibility, in securing their homes, securing their valuable and to stop walking around with large sums of cash. Police Commissioner went on to tell the public to “think about their behaviors and to trust the police in giving them the information needed to tackle the crimes.”#MagneticMediaNews#crimeratedownsaysPoliceCommissioner#cctvcomingforProvo Related Items:#cctvcomingforProvo, #crimeratedownsaysPoliceCommissioner, #magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsApp