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Seyond's Unit Partners with Giga.AI for Intelligent Freight Upgrades

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Seyond's (HKG:2665) unit Tudatong (Suzhou) and Giga.AI Technology entered into a three-year MOU for long-term strategic cooperation in intelligent freight transportation, intelligent driving, and physical artificial intelligence (AI).

The parties will advance the intelligent upgrade of trunk-line logistics, autonomous freight transportation, and smart logistics infrastructure, as well as expedite the deployment of physical AI technologies in the freight logistics industry, according to a Tuesday filing.

This will be done by combining the company's competency in high-performance LiDAR and three-dimensional sensing technology with Giga.AI's expertise in the R&D of autonomous driving systems for commercial vehicles and AI algorithms.

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