This is Dr. Jianxiong Xiao. He’s quite an accomplished man.
For starters, he received a PhD from MIT, then became a professor of computer science at Princeton. Then he left Princeton to become the CEO of AutoX, a self driving car company that is competing against the likes of Google and Uber.
His team of 20 employees, mostly engineers, is quite small, but he believes they have a significant advantage: they have a knowledge of computer vision and artificial intelligence that the other big companies simply can’t match. In other words, he saying they’re actually smarter than the competition.
According to Business Insider, their team was able to build a prototype in just six months, using their own technology. This is a big bonus because they don’t need to rely on anyone else, and that’s a good way to avoid being sued over copyright/IP infringement. In fact, the cameras that they used for their prototype only costed $50 each, and were bought from Best Buy.
Xiao eventually wants to create a product that can be used by existing car manufacturers (like an add-on), rather than manufacturing whole cars like Tesla.
Check out the video of the AutoX prototype in action: