Artificial intelligence is one of the top five topics on the agenda of many CIOs and CDOs in the auto industry. It’s not unusual for them to sit down with Wolfgang Wahlster, the head of the German Research Center for Artificial Intelligence (DFKI), and get first-hand information on the latest technologies. Then they jointly develop ideas for innovative Read More..
Samsung plans to invest $22.3 billion over the next three years in areas such as artificial intelligence, 5G communication, automotive electronics components and biopharmaceuticals. Overall investments, aimed at making the Korean electronics conglomerate a global technology leader, are set to total more than $160 billion. That will include spending on future growth businesses and a Read More..
Magneti Marelli, part of the FCA Group, has signed an agreement to buy SmartMeUp, a French start-up developing perception software for autonomous driving, smart cities and safety technologies. The agreement sets out the acquisition of 100pc of SmartMeUp shares, and the purchase is expected to take effect in the last quarter of 2018. SmartMeUp’s specialty Read More..
Faraday Future has joined MOBI, the Mobility Open Blockchain Initiative, a consortium which already includes ZF, Ford, Denso, Groupe Renault, BMW, GM, IBM, Bosch, Accenture and Context Labs. The initiative is exploring blockchain and distributed ledger technology for application in a digital mobility ecosystem, using open source software and standards. FF will initially work with Read More..
Faurecia Ventures has made an investment in audio firm SubPac, which has developed an acoustic experience to “capture the physical dimension of sound”. The SubPac hardware and software platform will be integrated into the seating of Faurecia’s Cockpit of the Future, adding the chance to really feel low frequencies when using the personalized audio bubble Read More..
Denso has announced a partnership with Plug and Play, and will work with its network of start-ups to accelerate developments in connectivity, autonomous driving, shared mobility and electrification. Plug and Play is now operating in 26 global locations, connecting start-ups and industry stakeholders; Plug and Play Japan has already partnered with the Japan-based Denso Corporation Read More..
Automakers use their Silicon Valley offices to stay ahead of the curve in high-tech innovation. The local automotive centers are playing a bigger role in car companies’ investment and technology strategies. And, as they grow, they need to attract more highly qualified staff. The last 18 months have seen huge automotive deals moving in and Read More..
With offices in Beijing and San Diego, TuSimple LLC is developing a full stack software solution for autonomous trucks using computer vision algorithms, millimeter radars and 3D HD mapping technology. In an interview with automotiveIT, Co-Founder & CTO Xiaodi Hou explains why autonomous trucks make more sense than self-driving cars and talks about the challenges Read More..
Hyundai Motor has teamed up with Autotalks, a company that plans to develop the next generation chipset for connected cars. The Korean carmaker said that, through its investment in Autotalks, it hopes to speed up development and deployment of such a chipset, which it sees as vital to the realization of autonomous driving. “Connectivity is Read More..
Experts say artificial intelligence (AI) can add tremendous value, but automakers should, in particular, look at production and logistics. In these areas, they say, efficiency boosts and cost savings can be realized in a relatively short period of time. A new McKinsey study calls AI a future value-adding machine for the auto industry. By 2025, Read More..