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China Telecom’s TeleNavi: Voice-Only Intelligent Location Technology Helps to Break Through ‘The Digital Travel Dilemma’ For the Elderly

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HONG KONG, Jan. 10, 2025 /PRNewswire/ — 

The ‘Digital Travel Dilemma’ of the Elderly

The internet is evolving at an unprecedented pace, significantly enhancing convenience for young people, while the elderly are increasingly find themselves unfamiliar with smartphones. Services like e-map navigation and online ride-hailing, which seem commonplace, have become a digital divide that restricts the travel of the elderly. They face a competitive disadvantage in hailing rides and often struggle to find a taxi on the roadside for extended periods. According to a recent survey, only 24.1% of elderly individuals in China are able to use smartphones to assist with their daily lives, 74% of the elderly still hail taxis on the roadside, and 25% of the elderly travel less than one kilometer in their daily outings.

To address the digital travel barriers for the elderly, several initiatives have been implemented. The Ministry of Transportation of China has launched the 95128 ride-hailing service hotline. However, challenges remain regarding user location accuracy and the high costs and low efficiency of human customer service, making both usage and promotion of the service very challenging.

A New Way of Locating

Without Internet traffic, GPS, e-maps or smartphones, can precise positioning be achieved by voice only? In order to solve this problem, China Telecom have developed “Voice-Only Location and Navigation Tech”. Based on the Open Gateway APIs of GSMA and the LLM ‘TeleChat’ developed by China Telecom, the world’s first voice-only positioning and navigation large model ‘TeleNavi’ is trained, which effectively filling a critical gap in the market. Through secondary training of the large model, a series of specific downstream tasks, including User Intent Recognition, Location Keywords Extraction and Address Verification have been effectively addressed. The positioning accuracy can reach within 5 meters, with an average time consumption of 25 seconds.

In alignment with the commitment of “people-oriented, AI for good”, China Telecom applies this technology to provide accurate and timely car-hailing service and real-time companion navigation for the elderly.

Commercial Implementation

Currently, pilot commercial operations is carried out in Rizhao City of Shandong Province and Shangzhi City of Heilongjiang Province, with an average daily use of 80-10,000 orders in a single third-tier city and an estimated annual revenue of 7 million CNY, significantly reducing human customer service costs and significantly improving the efficiency of car-hailing operations and the satisfaction of both drivers and passengers, which has received commendations from the government transportation departments, taxi companies, drivers, and passengers. So far it has served about 600,000 users, and driven 7 million CNY of accumulated revenue from value-added services such as Special Lines, IOT Cards, SMS, Voice DICT and so on.

Future Prospects

As articulated in the company’s corporate mission: “Let customers fully enjoy the new life of information,” this project represents a significant effort by China Telecom to innovatively serve users through Open Gateway API capabilities and AI, having won the runner-up position in the MWC24 GSMA Open Gateway Hackathon and invited to the 2024 World Internet Conference. These accolades reflect the company’s dedication to social responsibility, value creation and promotion of digital innovation within age-friendly service and silver economy.

TeleNavi helps the elderly overcome the travel dilemmas of the digital age, share the benefits of technological development, and enables those who are increasingly left behind by the smart era to truly perceive and use AI, bridging the digital divide and staying connected with the intelligent era.

It also provides a new approach to complement existing positioning methods, which has broad application prospects and important value in the fields of aging navigation and emergency search and rescue.

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SOURCE China Telecom Global

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Fun88 India Unveils 2.0 Update: Faster, Bigger, Better!

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January 23, 2025

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HYDERABAD, India, Jan. 23, 2025 /PRNewswire/ — Fun88, a leading name in online gaming and entertainment, is thrilled to announce the launch of its most exciting update yet: Fun88 2.0. With a host of new features, improved functionality, and unbeatable promotions, Fun88 reaffirms its commitment to providing the ultimate gaming experience.

Unveiling the Upgrades

Fun88 2.0 brings a wealth of enhancements to elevate the user experience:

Enhanced Promotions: Players can now enjoy a “388% Welcome Bonus” to kickstart their journey, a 5% refill bonus on every deposit, and weekly cashback of up to 5%. As well as 24% Referral Bonus when you refer your friends to Fun88.New VIP System: Designed to reward loyalty, the revamped VIP system offers exclusive perks and rewards for dedicated players.Faster Transactions: Deposits and withdrawals are now quicker than ever, with instant withdrawals ensuring seamless access to winnings.Improved UI/UX: The platform has been upgraded for smoother navigation, faster load times, and real-time odds display, allowing users to enjoy a one-click betting experience across all exchanges.Expanded Game Library: Fun88 has partnered with industry-leading vendors such as Aviatrix, Galaxsys, Spribe, Red Tiger, Evo Play, Vivo Games, and Split the Pot, introducing a range of new instant games to keep the excitement flowing.

Spreading the News

Popular cricketer Dale Steyn recently shared his enthusiasm for Fun88 2.0, highlighting its upgraded features and exclusive promotions with his fans on social media. The buzz around Fun88 2.0 is already taking the gaming community by storm.

Join the Fun Today!

Fun88 invites players to experience the next level of online entertainment. Whether you’re a fan of casino games, sports betting, Instant games, or Slots, Fun88 has something for everyone. Don’t miss out on the opportunity to win big with Fun88 2.0. Register and start your journey today.

About Fun88

Fun88 is a premier online gaming platform known for its versatile offerings, including casino games, sports betting, instant games, and slots. Committed to responsible gaming, Fun88 combines innovation with reliability to deliver a superior user experience.

Contact Information:
Email: Marketing@fun88.games 
Website: https://link.fun88-india.com/fun88
Instagram: https://link.fun88-india.com/fun88indofficial-is
Telegram: https://link.fun88-india.com/fun88indofficial-tg
Twitter: https://link.fun88-india.com/fun88indofficial-tw
YouTube: https://link.fun88-india.com/fun88indofficial-yt
Facebook: https://link.fun88-india.com/fun88indofficial-fb

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Ati Motors Raises $20M Series B for Global Expansion of its AI-Powered Robotics Workforce

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January 23, 2025

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Walden Catalyst Ventures and NGP Capital Lead Investment to Fuel Ati Motors Global Expansion Across North America and APAC.

SAN FRANCISCO and BENGALURU, India, Jan. 23, 2025 /PRNewswire/ — Ati Motors, a leader in AI and autonomous robotics, today announced a $20 million Series B investment led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP) with participation from current investors including True Ventures, Exfinity Venture Partners, Athera Venture Partners and Blume Ventures. The funding comes on the heels of Ati Motors exceptional performance, marked by a tripled order book in Q4 2024 and the addition of nine industry leading clients.

Ati Motors expertise in robotics, artificial intelligence, and manufacturing, is revolutionizing how the industrial sector approaches automation. It has deployed hundreds of its Sherpa robots across 40 leading manufacturers (30% Fortune 500), including Forvia and Hyundai with multiple scaled deployments in North America.

The capital will enable the company to accelerate the development and deployment of its robotic workforce, which leverages one of the largest and most diverse factory datasets for autonomous movement. Ati Motors autonomous robots have been deployed globally in dynamic and complex manufacturing environments, delivering industry-leading uptime and helping customers achieve exceptional productivity gains.

Manufacturers around the world are keen to adopt robots as part of their workforce given that people no longer want to put up with dull, dirty and dangerous tasks. However, the adoption has been constrained by availability of robots that perform as well as people in real world scenarios. Solving this gap has been Ati Motors’ success.

“Since our founding, Ati Motors mission has been to create advanced, reliable products that enhance both productivity and efficiency in industrial settings,” said Saurabh Chandra, Founder and CEO of Ati Motors. “This funding will accelerate our ability to leverage our extensive real-world dataset to develop next-generation AI models and further advance our industrial autonomy platform. The rapid growth we’re experiencing validates our approach of focusing on manufacturing as a vertical and conceptualising these robots as purpose-built self-driving vehicles.”

“Ati Motors represents the future of industrial automation,” said Shankar Chandran, Partner at Walden Catalyst Ventures. “Their unique combination of advanced AI capabilities and robotics, along with a deep understanding of manufacturing environments, positions them perfectly to lead the next wave of industrial automation. The impressive growth they’ve achieved validates their approach and demonstrates the strong market demand for their solutions.”

“We’re excited to co-lead this investment in Ati Motors,” said Upal Basu at NGP Capital. “The company’s ability to successfully deploy fully autonomous mobile robots across diverse industrial environments, combined with their rapidly growing customer base, makes them a standout in the industrial automation space. We believe their unique approach to combining Edge AI, LIDAR, and robotics will help address a critical need in the manufacturing sector.”

The funding will be used to accelerate product development, expand Ati Motors market presence both in North America and APAC, and strengthen its position as a leading provider of industrial automation solutions at the intersection of AI and robotics. The company recently established operations in Mexico and has strengthened its presence across US, India and Southeast Asia. The company is currently expanding its North America headquarters in Detroit, MI.

Media kit: https://drive.google.com/drive/folders/1UUxwax7T_c5eN6BOaAawJ_A4Fqz_1Mw9

YouTube link: Ati Motors – Sherpa Product Portfolio

Recommended press release photo: Ati Product Portfolio.jpg

Or Ati Product Portfolio Transparent.png

About Ati Motors

Ati Motors is a leading autonomous mobile robot manufacturer, revolutionizing industries with AI-powered robotics inspired by self-driving cars. Specializing in manufacturing facilities, Ati’s product range includes Tugs, Bin Movers, Pallet Movers, and Lifting Platforms. Their flagship Sherpa Tug, featuring 3D navigation and outdoor capabilities, has logged over 500,000 kilometers across 50+ factories. Serving global leaders in automotive, appliances, aerospace, and electronics sectors, Ati Motors has secured over $37M in funding.

About Walden Catalyst Ventures

Walden Catalyst is a venture capital firm helping early-stage companies in the U.S., Europe, and Israel build the next generation of category-defining businesses in deep-tech. The firm is led by Young Sohn and Lip-Bu Tan, deep-tech industry pioneers who between them have invested in more than 600 startups across the globe, of which 138 have gone on to IPO. Walden Catalyst is focused on deep-tech investments and their team of innovators and entrepreneurs are passionate about disruptive technologies and committed to excellence. This translates into unparalleled access to operational expertise, global reach, and a network of industry captains eager to help build and scale the companies of the future.

About NGP Capital

NGP Capital backs early-stage B2B companies from Series A onwards in the U.S., and Europe,  within enterprise software, industrial tech, cybersecurity, and infrastructure. Through its $400m fifth fund launched in 2022, NGP Capital invests in companies driving the convergence of the physical and virtual. Founded in 2005, NGP Capital has over $1.6B in AUM and has invested in over 100 companies of which 18 became unicorns and 11 went on to IPO.

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Vijay Nirani named Co-Chairperson of India Alliance on Sustainable Aviation Fuel (SAF) to propel Nation’s decarbonization goals

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January 23, 2025

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NEW DELHI, Jan. 23, 2025 /PRNewswire/ — The Carbon Market Association of India (CMAI) has announced the appointment of Vijay Nirani, Founder & Managing Director of TruAlt Bioenergy, as the Co-Chairperson of the India Alliance on Sustainable Aviation Fuel (SAF). This groundbreaking initiative will be officially launched at the maiden India Climate Week (ICW) 2025, scheduled for February 3-7, 2025, at Le Meridien, New Delhi. ICW 2025 is expected to be a major gathering of policymakers, industry leaders, and environmental advocates, highlighting India’s progress in climate action.

The India Alliance on SAF initiated by CMAI aims to accelerate the adoption of sustainable aviation fuels across the country and to foster collaborative efforts towards achieving India’s climate goals. The Alliance will bring together key stakeholders ranging from government representatives and industry innovators to sustainability advocates to drive progress in decarbonizing India’s aviation sector.

Vijay Nirani will Co-Chair the Alliance alongside Chairperson Jimmy Olsson. The initiative represents a significant step in India’s efforts to reduce aviation emissions, with ambitious targets of a 1% SAF blend by 2027, 2% by 2028, and 5% by 2030. These goals are aligned with the global framework of CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) framework, which aims to reduce emissions from international aviation.

Through his company, TruAlt Bioenergy, Vijay Nirani aims to establish an Ethanol-to-SAF facility, which is likely to become the world’s largest Ethanol-to-SAF production facility. This initiative will play a key role in positioning India as a global leader in advancing sustainable aviation fuel production and promoting decarbonization within the aviation sector.

Vijay Nirani, Co-Chairperson, India Alliance on Sustainable Aviation Fuel, said: “The Alliance is firmly aligned with India’s climate goals, as articulated by Hon’ble Prime Minister Narendra Modi ji in the ‘Panchamrit’ vision. Through collaborative industry efforts, streamlined SAF production processes and a strong focus on sustainability, we aim to support India’s leadership in achieving global climate objectives, including our commitments under the CORSIA framework. This initiative marks a significant step toward building a greener and more sustainable aviation future.”

About TruAlt Bioenergy:

TruAlt Bioenergy is one of India’s largest biofuels producers, strategically positioned as a prominent and diversified player in the biofuels industry, particularly in the ethanol sector. The company holds the distinction of being the largest ethanol producer in India by installed capacity. Through its subsidiary, Leafiniti Bioenergy, TruAlt Bioenergy is one of the first producers of Compressed Biogas (CBG) under the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme, introduced by the Government of India in 2018.

For more information or media enquiries, please contact:

Ms. Shivaaneey Rai, TruAlt Bioenergy
+91-9545850823 / avpcomms@trualtbioenergy.com 

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