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TuSimple Holdings Inc. (OTCMKTS: TSPH) is a global autonomous driving technology company based in San Diego, California. Established in 2015, TuSimple is focused on developing a fully autonomous (SAE Level 4) driving solution for long-haul heavy-duty trucks. The company's cutting-edge AI technology allows trucks to operate autonomously, drastically improving efficiency and safety in the trucking industry. TuSimple made history with the world's first fully autonomous semi-truck run on public roads in the U.S. and China and the creation of the Autonomous Freight Network (AFN). With a commitment to innovation and regulatory compliance, TuSimple continues to lead the way in autonomous driving technology.
TuSimple Holdings Inc. (OTCMKTS: TSPH) has announced a partnership with Shanghai Three Body Animation Co. to develop an animated feature film and video game based on the science fiction novel series 'The Three-Body Problem'. This marks TuSimple's expansion into generative AI applications for animation and video games, leveraging its existing AI capabilities developed for autonomous driving.
The company's new business segment, approved by its Board of Directors, aims to commercialize TuSimple's technology in the $600 billion global animation and video game market. TuSimple plans to use its generative AI technology, including large models with transformers and neural radiance fields, to enhance the production process and potentially shorten development timelines in the industry.
TuSimple Holdings (OTCMKTS: TSPH), a global autonomous driving technology company, announced a settlement with the Committee on Foreign Investment in the United States (CFIUS) regarding events from 2022. These included temporary vacancies in key security positions and potential improper transfer of intellectual property under a national security agreement. The settlement resolves these issues without TuSimple admitting any fault. CEO Cheng Lu emphasized the company's commitment to compliance and future development.
TuSimple Holdings Inc. announced the appointment of Albert Schultz and Jianan Hao to its Board of Directors. Schultz, an independent director with extensive experience, will enhance governance practices. Hao, the COO, will provide valuable insights for growth. The Company also announced the transition of Mike Mosier off the Board.
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