Partnership

Visual representation of how quantum computing will improve Hyundai Motor's future mobility systemsNew Delhi: Hyundai Motor Company and IonQ, a quantum computing company have today announced a new project designed to apply quantum machine learning to image classification and 3D object detection for future mobilities.With this collaboration, IonQ and Hyundai will improve computational functionality through more efficient machine learning on quantum computers, as they can process enormous amounts of data faster and more…

New Delhi: Automotive industry giant, Bosch Group and Astrata, a provider of enterprise management software and advanced location-based IT services (telematics), have signed a 5-year partnership today for the manufacturing of Astrata’s advanced fleet management system for HGV and LCV hardware. With this partnership, Bosch will reduce the risk of shortages and will enable Astrata to further improve the flexibility and scalability of its supply chain to meet global demand. Test benches and quality assurance equipment were…

Electric vehicle (EV) charging network platform Statiq on Friday announced that it has recently partnered with leading electric scooter manufacturer Ather Energy to enhance the combined network in north India.With this alliance, Statiq and Ather Energy are set to share EV charging locations in the north.“The EV industry is collaborative in nature and requires leading players to partner together to propel it forward into the future," Raghav Arora, co-founder of Statiq, said in a statement.“The brand name of EV maker Ather…

Volkswagen has set up a years-long partnership with U.S. chipmaker Qualcomm to develop automated driving technology, with the contract set to run until 2031, the German daily Handelsblatt reported on Monday.The car giant will use Qualcomm’s system-on-a-chip (SoC), developed specifically for automated driving, across all brands worldwide starting in 2026, the newspaper said citing company sources.Volkswagen CEO Herbert Diess travelled to Qualcomm’s headquarters in San Diego in mid-April, where they agreed to the conditions…

Hyundai logo. Representational image. (Photo: Reuters)Quantum computer maker IonQ Inc said on Wednesday that it is partnering with Hyundai Motor Co to use quantum computers to develop more effective batteries.Quantum computer maker IonQ Inc said on Wednesday that it is partnering with Hyundai Motor Co to use quantum computers to develop more effective batteries. The partnership will create a battery chemistry model to simulate the structure and energy of lithium oxide, to help improve the performance, costs, and safety of…

Digital services company Jio Platforms on Monday announced a joint venture with Luxembourg-based SES to provide satellite-based broadband services in India, a joint statement said.The two companies have formed a joint venture, Jio Space Technology Limited, in which Jio Platforms (JPL) and SES will own 51 percent and 49 percent equity stake respectively."The joint venture will be the vehicle for providing SES's satellite data and connectivity services in India, except for certain international aeronautical and maritime…

Bharti Airtel and Axis Bank on Monday announced a collaboration for offering financial services, starting with a co-branded credit card for subscribers of the telecom services company. Under the partnership, the companies will provide pre-approved instant loans, 'buy now pay later' offerings, and other services. The collaboration will provide Axis Bank support to penetrate deeper into tier 2 and 3 markets, a statement said.Bharti Airtel MD and CEO for India and South Asia, Gopal Vittal said Airtel is building a financial…