Startups & Venturing – Page 2
-
ArticleOEM and Tier One venture divisions invest in start-ups: BMW for machine intelligence and cybersecurity, Faurecia for cognitive science, Toyota for robotics
BMW i Ventures in Silicon Valley BMW’s i Ventures capital fund, based in Mountain View, California [HQ pictured], is investing in two-year-old machine intelligence company Graphcore, based in Bristol, UK, and with offices in London, Oslo, Palo Alto and Beijing. Graphcore is said to be developing a ...
-
FeatureThe future of auto cyber security lies in a centralised platform
OSR’s Orit Shifman explains how to protect a car from attacks with AI and single digital control center
-
FeatureCluno sees vehicle subscription model as opportunity for dealers
Cluno, a Munich-based company, has been marketing cars under a subscription model since 2017. Maximilian Ehrlich, the startup’s head of data science, talked to automotiveIT about digital business models, the use of artificial intelligence and big data, and cooperation with traditional car dealers.
-
FeatureAutonomous driving is not just about technology, says Dutch ITS expert
It’s not just technology that holds the key to the autonomous-vehicle revolution. Automakers, suppliers, IT companies and telecommunications service providers are hard at work to create vehicles that will, one day, take the driver out of the equation.
-
ArticleVeniam and Denso to collaborate on connected vehicle software
Image: Veniam Veniam, a young provider of networking software for connected vehicles and mobility systems, has signed a memorandum of understanding with Japan’s long-established Denso. The planned joint project will explore the integration of Veniam’s intelligent data networking features into Denso’s communication management systems: this will, says Veniam, ...
-
ArticleNuance spins off its automotive division as a separate company, specializing in conversational AI
Image: Nuance Communications Nuance Communications is planning to spin off its automotive business division and activities into an independent, publicly-traded automotive software company, Nuance Auto. The formation of this company and share transactions are expected to be completed by the end of the 2019 fiscal year. Nuance specializes ...
-
ArticleHyundai Cradle invests in allegro.ai for deep learning, autonomous decision-making
Image: allegro.ai Hyundai’s corporate venture division has made an investment in Israeli technology firm allegro.ai, which specializes in deep learning-based computer vision. It aims to accelerate its deployment of artificial intelligence across various business areas, as well as to use AI to enhance the safety of the driving ...
-
ArticleHyundai Cradle invests in Perceptive Automata
Image: Perceptive AutomataHyundai’s corporate venture business, Hyundai Cradle, is taking a stake in Perceptive Automata, a developer of AI software for autonomous vehicles. The start-up, which recently joined the Renovo AWare ecosystem, uses rich sensor data and deep learning models to gain an understanding of how people – other ...
-
ArticleNvidia CEO sees “gigantic opportunities" for auto industry
Nvidia CEO Huang says current level 2 vehicle technology is “not very good” (Photo: Nvidia) MUNICH – Jensen Huang isn’t bothered by the differences between the five levels of autonomy that the US-based Society of Automotive Engineers (SAE) has defined for driverless cars. “As long as it works,” ...
-
Article“Get ready for the data age”
Next January’s CES will underscore the growing importance of data for the automotive industry and other business sectors, executives of the US Consumer Technology Association (CTA) say.
-
ArticleVW Brazil launches new logistics portal, 20 services available from the cloud
Volkswagen Truck & Bus is to launch a digital logistics portal in Brazil in tandem with the group’s digital brand, Rio.The Rio portal, which is based on vehicle data intelligence and stored in the cloud, will offer up to 20 services, which are currently purchased individually. These range from ordering ...
-
ArticleAudi wins Red Dot and German design awards for digital planning tool, implements Virtual Reality Software Development Kit and applications will be rolled out into wider VW Group
Audi digital planning assistant recognised with Red Dot Design Award and German Design Award NewAudi SDK developed in partnership with Munich start-up Innoactive SDK to be integrated by the end of 2018 into wider Volkswagen Group VR platform, the Digital Reality Hub Audi has won a Red Dot Design ...
-
ArticleDenso invests further in ThinCI for semiconductors, deep learning and vision processing
Image: DensoDenso Corporation, via its NSITEXE subsidiary, is investing further in AI hardware start-up ThinCI to accelerate commercialization of semiconductors with deep learning capabilities. ThinCI, based in El Dorado Hills, California, is said to be in the final phase of developing an adaptable series of hardware platforms and software ...
-
ArticleBlickfeld wants to give AVs better, more affordable vision
Blickfeld says its lidar systems, which use off-the shelf components, will be cheaper and better (Image: Blickfeld)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 ...
-
ArticlePowertrain development gets help from AI
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 ...
-
ArticlePwC: Blockchain in focus at most companies
(Image: IBM) 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 ...
-
ArticleHyundai Mobis invests in StradVision, aims for self-learning AI cameras by 2020
Image: StradVisionHyundai 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, ...
-
ArticleSopra Steria report: Companies don't yet benefit enough from data
The consultants say companies need to create conditions to to get more value out of data 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 ...
-
ArticleRoland Berger study: Bike sharing has "enormous" potential
Bike sharing is catching on worldwide, particularly in China (Photo: Ford Motor) 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 ...
-
Feature“The human being continues to be at the center of Industry 4.0”
Wolfgang Wahlster, the head of the German Research Center for Artificial Intelligence (DFKI) and inventor of the term ‘Industry 4.0’, talks about how artificial intelligence is changing the automotive industry.
