BLACK SESAME's Huashan A2000 Chip Completes US Evaluation and Officially Launches in Global Market
Chip Approval: BLACK SESAME's Huashan A2000 intelligent driving chip has received approval from the US Department of Commerce and Department of Defense for global sales and application.
Performance and Technology: The A2000 chip, built on 7nm technology, integrates high-performance CPU, GPU, and NPU, and is comparable to leading autonomous driving chips, supporting various precision calculations and equipped with the AI toolchain BaRT for efficient development.
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BLACK SESAME Partners with Apollo Go to Create Autonomous Driving Ecosystem
Stock Performance: BLACK SESAME (02533.HK) and BIDU-SW (09888.HK) experienced slight declines in their stock prices, with short selling activity reported for both companies.
Strategic Cooperation: BLACK SESAME and Baidu's Apollo Go have entered a strategic partnership to develop an autonomous driving ecosystem aimed at enhancing China's intelligent driving industry.
Focus on Industry Chain: The collaboration will leverage both companies' technological and operational strengths to accelerate the development of the L4 autonomous driving industry chain.
Analyst Outlook: Citi maintains a "Buy" rating on Baidu (BIDU.US), citing its comprehensive technology capabilities in the sector.
BLACK SESAME Initiates Intelligent Ship Inspection Robot Initiative in Collaboration with COSCO Shipping Subsidiary
BLACK SESAME Partnership: BLACK SESAME has entered into an agreement with Qingdao COSCO Shipping Digital Technology to develop embodied intelligence inspection robots for marine vessels, enhancing its robotics business in the maritime industry.
Market Performance: The company's stock is currently experiencing a slight decline, with a short selling amount of $2.18 million and a short selling ratio of 0.836%.
