Blickfeld wants to give autonomous vehicles the gift of sight. Using cheaper components and deploying micromechanics to reduce size and weight, the Munich-based startup hopes to play an important role in speeding up the mass-market rollout of driverless cars. Once Level 5 autonomy comes into play, fully automated driverless cars will need 360 degree vision Read More..
In a newly formed research lab,artificial intelligence is training neural networks. The researchers see major benefits in the development of electric powertrains. Powertrain developers see challenging times ahead. Even today, they are not just designing a gasoline or diesel engine to deliver the best possible performance and efficiency. They are also giving classic internal combustion Read More..
Most companies and organizations are either implementing blockchain or testing the technology as a key tool to boost efficiency and security in their operations, according to a new study. A report by consultants PwC finds that a quarter of executives are piloting a blockchain implementation and almost a third have projects in development. Around 20 Read More..
Audi CIO Frank Loydl has been on the job since February of this year. One of the first decisions he made was to launch an IT transformation project called NEXT:IT. It centers around a reorientation of the IT organization at Volkswagen Group’s premium brand. With a restart planned for January 1, the pace is high. Read More..
Hyundai Mobis has invested 8 billion Korean won (around $7,130,000) in StradVision, a Korean firm specialising in deep learning-based image detection using artificial neural networks. The co-operation will develop advanced camera detection technologies for self-driving systems, with a view to launching a self-learning, artificial intelligence camera by 2020. StradVision, founded in 2014, has a software Read More..
Companies don’t yet reap sufficient benefits from the growing availability of data, according to a new survey. A study by Sopra Steria Consulting, which polled companies in German speaking countries, found that 43 pc of managers cite deficits in their understanding of the subject matter, while 31 pc say they lack expertise when it comes Read More..
As alternatives to traditional urban transport gain traction, bike sharing schemes are growing 20 pc a year, according to a new report by Roland Berger. The consultants project that the global market for bike sharing programs will grow to anywhere between 3.6 billion and 5.3 billion euros by 2020. They also say bike sharing can Read More..
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..