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JIDU Auto unveils its new V2.0 software: China’s exclusive and global’s unique pure vision intelligent driving

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CHENGDU, China, Aug. 30, 2024 /PRNewswire/ — On August 28, JIDU Auto unveiled its all-new V2.0 software at an AI driving conference themed “Evolution: AI Reshaping Intelligent Driving” in Chengdu. The newly launched software will debut on the JIDU 07 model. Powered by Baidu Apollo’s Level 4 autonomous driving atomic capabilities and safety framework, JIDU Auto has achieved the milestone to offer pure vision technology for advanced intelligent driving, which is China’s exclusive and one of only two such offerings worldwide, maintaining the company’s leading position in the industry.

The V2.0 software is the most significant update for all JIDU Auto models, encompassing over a dozen key modules for up to 947 new features including end-to-end large-scale model smart driving, a large-scale model smart cockpit, and intelligent vehicle connectivity. Following the upgrade from PPA intelligent driving to ASD (Apollo Self Driving), JIDU Auto has taken a major step towards the era of end-to-end large-scale models on its pure vision technology for advanced intelligent driving, positioning the company as the first global smart EV brand to adopt Baidu Apollo ADFM—the Level 4 autonomous driving large-scale model.

“This marks a significant achievement as Level 4 autonomous driving technology is integrated into consumer cars for the first time. Thanks to the deep integration between Baidu’s ADFM and JIDU Auto, this is the world’s first large-scale autonomous driving model supporting fully unmanned driving applications,” said Joe Xia, CEO of JIDU Auto. “Baidu’s 10+ years of continuous R&D in AI and autonomous driving, coupled with investments exceeding RMB150 billion, has been instrumental in maintaining JIDU Auto’s leadership position.”

JIDU Auto’s fully-upgraded ASD: A giant leap in pure vision end-to-end technology

2024 is poised to be a breakthrough year for intelligent driving technology, as it increasingly becomes a key factor for consumers when choosing cars. End-to-end large models utilize two distinct data processing and transmission methods: one-stage and two-stage. Tesla’s one-stage approach prioritizes lossless transmission and direct information processing. However, this method presents challenges like unpredictable outputs, high debugging costs, and difficulties in guaranteeing a consistent minimum performance level. While the two-stage end-to-end model simplifies system design and implementation by processing data in phases, separating perception and decision-making. Each component performs its specific function, making test and maintenance more straightforward. By processing data in segments, it also allows for optimization at each stage, contributing to the overall system’s stability.

Considering safety, user experience, and other factors, JIDU Auto has opted for a two-stage end-to-end approach. While both JIDU Auto’s ASD and Tesla’s FSD are intelligent driving assistance systems based on pure vision technology, ASD is developed in China and has a deeper understanding of Chinese road conditions, which makes ASD a more suitable intelligent driving assistance system for the country’s specific traffic environment.

“Businesses will make their decisions between one-stage and two-stage models based on specific needs, recognizing the tangible benefits that end-to-end models offer. For us, the potential of intelligent driving technology is full of surprises,” said Wang Liang, Chair of Baidu Intelligent Driving Group Technical Committee. “Theoretically, using one-stage model to address the lower bound challenges is more difficult, requiring us to collect an exceptionally large amount of data with fast growth at an exponential rate compared to the two-stage model, as well as manage a large scale model and handle large amount of data.”

With the newly launched V2.0 software, JIDU Auto’s ASD has achieved a breakthrough by combining pure vision with an end-to-end large-scale model, which places ASD a generation ahead of the industry. Leveraging the Level 4 autonomous driving model Apollo ADFM, ASD strikes a balance between safety and generalizability, offering more safety to human drivers and encompasses the entire range of high-speed and complex urban scenarios.

Baidu is a global leader in AI large-scale models and autonomous driving technology, with over a decade of experience in AI and autonomous driving. Its technological capabilities are among the best in the world. Currently, Apollo’s Level 4 autonomous driving has surpassed 100 million kilometers in mileage and has established a high-performance training cluster with over 5.5 EFLOPS of computing power. Based on Joe Xia’s introduction, JIDU Auto will utilize a high-performance computing cluster exceeding 5.5 EFLOPS to enable efficient model training and rapid iteration. Meanwhile, through its “monthly evolution” approach, JIDU Auto will deliver increasingly advanced, intelligent, and safe intelligent driving experiences.

JIDU Auto’s pure vision technology for advanced intelligent driving surpasses mainstream LiDAR technology in perception capabilities. It achieves centimeter-level 3D precision, offering a perception range of up to 250 meters. Remarkably, it can even identify a mineral water bottle at a distance of 200 meters and maintains a recognition accuracy of moving obstacle speeds within 0.1 meters per second. JIDU Auto’s ASD introduces 106 new features and upgrades, including pilot assistance, valet parking, advanced lane keeping, and active safety, enhancing driving, safety, and parking capabilities.

Large-scale model smart cockpit evolves again: industry’s first lip movement recognition

At the press conference, JIDU Auto also unveiled the industry’s first native AI large-scale model cockpit. Built on an all-new native AI architecture, this cockpit redefines core functionalities by incorporating an innovative end-cloud AI agent system. Perception, comprehension, and execution are now model-driven, enabling both rapid local responses and leveraging the cloud’s powerful understanding and decision-making capabilities.

As early as October 2023, SIMO led the way by integrating Baidu’s ERNIE Bot, becoming the world’s first voice assistant powered by AI large-scale model. This enabled control of nearly all vehicle functions, delivering a more human-like and natural interaction. The newly upgraded SIMO 2.0 is even smarter and more human-like, revolutionizing the traditional command-based interaction of voice assistants. SIMO 2.0 boasts capabilities such as exploration, role-playing, and scene modes. It can assume the role of a family tutor, a car expert, or a travel guide, and it supports over 10,000 user-defined scene settings. Integrated with a multi-modal large-scale model, SIMO 2.0 achieved the industry’s first lip movement recognition function. By recognizing the user’s lip movement trajectory, speech recognition accuracy in noisy environments is increased to 90%. With the addition of features such as simultaneous recognition of multiple commands, multi-zone group chats, and voice commands inside and outside the car, it creates a truly immersive and futuristic intelligent cockpit experience.

As a premium intelligent automotive robot brand, JIDU Auto is always at the forefront of AI advancements, setting new standards for the future of AI mobility.

About JIDU Auto

JIDU is a joint-venture between Geely and Baidu. We stand at the forefront of the AI-driven mobility revolution, crafting premium intelligent robocars that integrate Baidu’s advanced AI capabilities, Apollo’s Level 4 autonomous driving technologies, and Geely’s SEA Platform.

With a commitment to innovation, JIDU’s robocars feature leading-edge autonomous driving, smart cabin technology, and digital services designed to redefine the future of mobility.

Our mission is to create revolutionary Robocars, making safer and more efficient mobility experience, so people have more time and space to go further.

 

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SOURCE JIDU

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Light AI Announces Closing of C$5,000,000 Secured Convertible Debenture Unit Financing

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, June 19, 2026 /CNW/ – Light AI Inc. (“Light AI” or the “Company”) (CBOE CA: ALGO) (FSE: OHC) (OTCQB: OHCFF), a digital healthcare technology company focused on developing artificial intelligence (“AI”) health diagnostic solutions, is pleased to announce that it has completed its previously announced private placement of secured convertible debenture units of the Company (the “Units”) at $1,000 per Unit for aggregate gross proceeds of $5,000,000 (the “Financing”) pursuant to an investment agreement (the “Investment Agreement”) with MV Capital LP (the “Investor”).

Pursuant to the Investment Agreement, the Investor subscribed for and purchased from the Company 5,000 Units. Each Unit is comprised of (i) a 12.0% secured convertible debenture of the Company in the principal amount equal to $1,000 (each, a “Convertible Debenture”) with interest compounded quarterly and payable on the earlier of the Maturity Date (as defined hereafter), prepayment or upon conversion and maturing 24 months from the closing of the Financing (the “Maturity Date”), and (ii) 8,000 common share purchase warrants (each, a “Warrant”) exercisable for 36 months from the closing of the Financing (the “Closing Date”) to purchase one common share of the Company (each, a “Warrant Share”) at an exercise price of $0.25 per Warrant Share, subject to adjustment in certain events.

Each Convertible Debenture allows the Investor to convert the outstanding principal thereof into common shares of the Company (the “Debenture Shares”) at a price of $0.125 per Debenture Share (the “Conversion Price”) at the option of the Investor at any time prior to the earlier of (i) the Maturity Date; and (ii) the business day immediately preceding the date specified for prepayment of the Convertible Debenture, subject to acceleration in certain events. The Company may elect to pay any accrued and unpaid interest in either (i) cash, (ii) common shares of the Company (the “Common Shares”) at the Conversion Price, subject to the approval of Cboe Canada Inc. (the “Exchange”), or (iii) any combination of the foregoing. The Convertible Debentures will be secured by a security interest over all present and after-acquired property and assets of the Company.

The Investor has agreed not to convert any Convertible Debenture or exercise any Warrants if doing so would result in the Investor holding greater than 19.9% of the issued and outstanding Common Shares, without the Company obtaining the requisite approval of its shareholders and the Exchange.

The Convertible Debentures, the Warrants, the Conversion Shares and Warrant Shares are subject to a statutory hold period of four months and one day from the closing date in accordance with applicable Canadian securities laws.

The proceeds of the Financing will be used for general working capital purposes, and to support ISO 13485/QMS audit completion and Health Canada registration submission.

In connection with the Financing, the Company and the Investor have entered into an investor rights agreement (the “Investor Rights Agreement”), which includes the following key elements:

The Investor will have the right to participate in future financings of the Company to maintain its pro rata percentage of Common Shares following the completion the Financing; andThe Investor shall have the right to nominate one member to the board of directors of the Company.

The Investor Rights Agreement shall terminate on the earlier of: (i) the closing of any take-over bid of the Company, acquisition, arrangement, amalgamation, merger or other similar business combination transaction involving the Company; and (ii) the later of either of the following: (A) the date the Investor no longer maintains at least a 10% equity interest in the Company, and (B) the date on which the principal amount of the Convertible Debenture owed to the Investor is less than $250,000.

About Light AI Inc. (CBOE CA: ALGO / FSE: OHC / OTCQB: OHCFF)

Light AI Inc. is a technology company focused on developing artificial intelligence health screening and diagnostic solutions. Light AI QuickScan™ is a technology platform which represents the next generation of patient management: it applies AI algorithms to compatible smart device images, starting with images of Strep A and anticipated expansion with other medical conditions, to identify the disease in seconds. Its patented, app-based solution requires no swabs, lab tests or proprietary hardware of any kind as its computing platform includes the 4.5 billion smartphones that exist in the world today. Light AI is at the forefront of developing innovative screening and diagnostic solutions aimed at improving healthcare delivery worldwide. Their cutting-edge AI powered technology offers rapid, accurate, and cost-effective screening and diagnostic tools designed to address critical healthcare challenges.

In pre-FDA validation studies, Light AI’s algorithm demonstrated remarkable accuracy in differentiating between viral and bacterial pharyngitis, specifically targeting Group A Streptococcus (“GAS”). The algorithm achieved a 96.57% accuracy rate and attained a Negative Predictive Value of 100%, indicating its high reliability in confirming the absence of Streptococcus A infection. Viral and GAS pharyngitis affects over 600 million people annually worldwide. If left untreated, GAS pharyngitis can lead to serious complications such as Rheumatic Heart Disease (“RHD”), which imposes a global economic burden exceeding $1 trillion annually. Light AI’s technology offers a significant advancement in the accurate and timely identification of GAS pharyngitis, potentially reducing the incidence of RHD and its associated costs. Light AI’s approach to applying AI to smart device images can be expanded to other medical conditions, as well as other areas of analysis. Light AI’s vision is to combine the Light AI QuickScan™ software platform with AI in-the-Cloud to create a Digital Clinical Lab that provides quick and accessible diagnosis for countless conditions that today require expensive and time-consuming imaging or lab processes.

ON BEHALF OF THE COMPANY

“John R. Luna”
Chief Executive Officer
Telephone: 1-(888) 804-9459
Email: jluna@light.ai

For more information, please contact the Company at investors@light.ai or visit https://light.ai/.

Website: https://light.ai/
LinkedIn: LinkedIn/company/Light AI 
X (Formerly Twitter): @lightaihealth

Forward-Looking Information:

This news release contains statements and information that, to the extent that they are not historical fact, constitute “forward-looking information” within the meaning of applicable securities legislation, including statements relating to the use of proceeds of the Financing, the anticipated appointment of a board nominee of the Investor, and the advancement of the Company’s ISO 13485/QMS audit and Health Canada registration. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company’s financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

SOURCE Light AI Inc.

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EasySpanishTax.com Launches Simple DIY Modelo 210 Filing Solution for Non-Resident Property Owners in Spain

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Founder Björn Ingbrant introduces a faster, easier and more affordable way for foreign property owners to meet their Spanish tax obligations online.

MANILVA, Spain, June 19, 2026 /PRNewswire/ — The EasySpanishTax.com has launched a practical online solution designed to help non-resident property owners in Spain file their annual Modelo 210 tax declaration quickly, easily and at a lower cost.

Created by founder and developer Björn Ingbrant, EasySpanishTax.com is built specifically for international property owners who want to manage their Spanish non-resident tax obligations without unnecessary complexity, delays or high professional fees.

Modelo 210 is a tax declaration required for non-resident property owners in Spain, including owners who use their property privately, rent it out, or keep it as a holiday home. For many foreign owners, the process has traditionally felt difficult and confusing, often requiring external assistance.

EasySpanishTax.com has been developed to change that.

“Many non-resident owners are fully capable of completing their Modelo 210 declaration themselves when the process is explained clearly,” says Björn Ingbrant, founder of EasySpanishTax.com. “Our goal is to make Spanish property tax filing simple, transparent and affordable.”

The platform guides users through the filing process step by step. Property owners enter the required information online, create an account and can manage their declarations in one secure place. The service is designed to save time, reduce costs and make annual tax filing more accessible for owners living abroad.

According to Ingbrant, the need for a simplified solution became clear after years of working with international property owners in Spain.

“Many owners were paying high fees every year for a declaration that could be made much easier with the right digital system,” he explains. “We wanted to create a platform where the owner remains in control, the process is faster, and the cost is reasonable.”

In addition to Modelo 210 filing, EasySpanishTax.com has introduced a property document storage feature for registered users. This allows clients to upload and store important property documents directly in their account, including title deeds, NIE certificates, passport copies, home insurance policies, water and electricity contracts, IBI tax receipts, community documents and previous tax declarations.

The new feature transforms the platform into more than a tax filing service. It gives property owners a central digital hub for managing key documents related to their Spanish property.

“For non-resident owners, having all property documents in one place is extremely useful,” says Ingbrant. “Whether they need a document for a future tax declaration, a lawyer, a bank, an insurance company or a property sale, everything can be stored and accessed from one account.”

EasySpanishTax.com is aimed at holiday home owners, second-home owners, retirees, investors and landlords who own property in Spain but live abroad. The platform is especially useful for owners in the UK, Ireland, Sweden, Norway, Denmark, Germany, France, Belgium, the Netherlands and other countries with a high number of Spanish property owners.

The company’s mission is to make Spanish property administration easier for non-residents by combining simple online tax filing with practical document management.

“Owning a property in Spain should be enjoyable,” says Ingbrant. “Tax filing and paperwork should not be a source of stress. EasySpanishTax.com is designed to give owners a simple, affordable and reliable way to stay organised and compliant.”

About EasySpanishTax.com

EasySpanishTax.com is an online platform created for non-resident property owners in Spain. The website helps users prepare and file Modelo 210 tax declarations through a simple do-it-yourself process. The users can also store and manage important property-related documents in their personal account, making EasySpanishTax.com a practical administration hub for Spanish property owners living abroad.

The platform is owned by the real estate company Enova Estates S.L. in Manilva, Costa del Sol, Spain.

Contact:
Enova Estates SL
Björn Ingbrant
***@enovaestates.com

Photo(s):
https://www.prlog.org/13153344

Press release distributed by PRLog

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SOURCE Enova Estates

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Geographic Solutions Named in the Top 100 for the North America Inspiring Workplaces Awards

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PALM HARBOR, Fla., June 19, 2026 /PRNewswire/ — Geographic Solutions, the nation’s leading provider of workforce development software for state and local government agencies, is proud to announce that it has been named in the Top 100 for the 2026 North America Inspiring Workplaces Awards for the third consecutive year.

The Inspiring Workplaces Awards recognize organizations that prioritize their people by fostering a culture built on trust, purpose, and belonging. These are more than just great places to work – they are environments where individuals are encouraged to grow and succeed. This year’s winners represent a diverse range of organizations that are redefining what it means to put employees first in today’s complex and rapidly evolving workplace.

“Achieving Top 100 Inspiring Workplaces winner status for the third year in a row is a testament to the culture we’ve built together,” said Paul Toomey, President and Founder of Geographic Solutions. “This recognition reflects our ongoing commitment to empowering employees, fostering inclusion, and ensuring every team member has the opportunity to thrive.”

Independent judges recognized the company’s strong core values, intentional approach to growth, and ability to maintain a flourishing culture. Judges also highlighted impressive employee retention, commitment to diverse hiring practices, and leadership representation, underscoring continued focus on building an inclusive, values-driven workplace. 

In 2024 and 2025, Geographic Solutions was named in the Top 50 North America Inspiring Workplaces Awards and received recognition in the Culture and Purpose category. In 2024, Geographic Solutions was named to the Top 50 of the Top 100 Global Inspiring Workplaces Awards, standing out as one of the few North America–based organizations recognized at the global level.

For more information on this achievement, visit www.inspiring-workplaces.com/company/geographic-solutions.

About Geographic Solutions

Geographic Solutions is the nation’s leading provider of integrated software for state and local workforce agencies, serving more than 40 states and U.S. territories. The company’s online platforms support all federally funded workforce and partner programs, including WIOA, labor exchange, labor market information, education, reentry, human services, and unemployment insurance. Geographic Solutions’ software is currently being utilized by over 1,100 American Job Centers and is accessible to over 211 million individuals across the country. For more information, visit www.geographicsolutions.com

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SOURCE Geographic Solutions, Inc.

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