Startups & Venturing – Page 3
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Samsung launches major investments to become global tech leader
Samsung plans to invest heavily in AI, 5G and other new technologies (Photo: Samsung)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, ...
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Magneti Marelli agrees to buy perception software start-up SmartMeUp
Image: Magneti MarelliMagneti 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 ...
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Faraday Future joins Mobility Open Blockchain Initiative
Image: Faraday FutureFaraday 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 ...
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Faurecia invests in SubPac for immersive audio experience
Faurecia Ventures has made an investment in audio firm SubPac, which has developed an acoustic experience to “capture the physical dimension of sound”.
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Denso joins Plug and Play, HDBaseT Alliance
Image: DensoDenso 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 ...
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TuSimple CTO has a vision of driverless trucks
TuSimple Co-founder and CTO Xiaodi Hou: “What kills people are AV accidents caused by bad implementation” (Photo: TuSimple)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 ...
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Hyundai partners with V2X chipset maker
Hyundai is one of the main sponsors of the 2018 World Cup soccer tournament (Image: Hyundai)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 ...
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AI set to give boost to automotive manufacturing and logistics
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.
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Faurecia CIO: "In three to five years everyone will work in IT"
Dr Rene Deis, chief information officer and digital transformation leader at Faurecia, explains how the fundamental role of IT and software development in the automotive industry is changing.
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Softbank invests in GM's Cruise driverless-car unit
GM acquired Cruise in 2016 to speed up development of autonomous cars (Photo: GM)Softbank will invest $1.1 billion in GM Cruise Holdings, adding more financial muscle to General Motors' plan to ready autonomous-driving technology for commercial implementation in 2019.The US automaker is also committing an additional $2.25 billion of ...
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Waymo to buy an additional 62,000 Chrysler Pacificas
Waymo already operates 600 driverless Chrysler Pacificas (Photo: Waymo)Waymo will buy an additional 62,000 Chrysler Pacifica minivans from Fiat Chrysler Automobiles, as the Google affiliate ramps up its driverless transportation service. The first of the new batch of Pacificas will be delivered later this year.FCA said in a press ...
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Tenneco, Schaeffler plan to make "dumb" components smart
Executives from automotive tier suppliers at the automotiveIT International conference in Atlanta explain how, with the help of sensor technology, traditional mechanical car components can be equipped with new digital functionality.
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Nvidia exec: simulation technology can play key role in AV testing
Norman marks, Nvidia’s automotive chief, sees a bigger role in digital simulations.
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Volkswagen opens Konnect co-working campus in Tel Aviv to support tech start-ups
Konnect, the new Volkswagen Group Campus in Tel Aviv, Israel, has been opened to provide a co-working space for local tech start-ups and to support collaborations. Themes for the work to take place there include connectivity, smart navigation, sensors, simulators, cybersecurity, e-mobility and big data, with a view to pushing ...
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VW CIO: Quantum computing being readied to address real issues
Quantum computing could one day provide the huge boost in processing power that is needed to make future autonomous cars reliable, safe and secure. Volkswagen CIO Martin Hofmann says the technology is moving closer to commercialization.
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Faurecia invests in PowerSphyr to enhance cockpit connectivity tech
Source: Faurecia PowerSphyr’s wireless charging pad is compatible with different devices Faurecia has made an investment in Silicon Valley start-up PowerSphyr, a provider of wireless charging solutions that can be applied to many types of electronic devices as well as sensors and actuators. These will augment Faurecia’s ...
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GM using Autodesk software, AI and cloud computing for vehicle lightweighting
3D-printed seat bracketImage: GMGeneral Motors has described how it is using generative design software from Autodesk in its next-generation lightweighting programme, and how this is helping the development of more efficient alternative-propulsion and zero-emission vehicles.Using cloud computing and AI-based algorithms, multiple permutations of a component can be explored and ...
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Amazon Key unlocks Volvo and GM vehicles for parcel deliveries
Amazon Prime in-car delivery (Image: Volvo)Both Volvo Cars and General Motors have announced the addition of the Amazon Key app to their respective connected services in the USA. This will be available to customers in 37 US cities and their surrounding areas, with more locations to follow.For Volvo customers, ...
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Former Opel CEO Neumann joins Evelozcity
Karl-Thomas Neumann will join the EV start-up in May (Photo: Opel)Former Opel CEO Karl-Thomas Neumann is joining the senior management team of electric-vehicle startup Evelozcity.Neumann will be in charge of mobility and will develop the company's connected car strategy, launch mobility concepts and oversee customer experience, branding and marketing.He ...
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SF Motors to open new Californian R&D center
Trial production of the SF5 (pictured) and SF7 will start later this year (Image: SF Motors)SF Motors is to add a new research and development facility in Milpitas, California, to bolster its ties with tech talent and suppliers in Silicon Valley. This will be at the new McCarthy Creekside ...