Startups & Venturing – Page 3

  • samsung.automotiveIT
    Article

    Samsung launches major investments to become global tech leader

    2018-08-08T15:23:55Z

    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 ...

  • MagnetiMarelli_NAIAS 2018[1]
    Article

    Magneti Marelli agrees to buy perception software start-up SmartMeUp

    2018-08-03T14:02:08Z

    Image: Magneti Marelli 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 ...

  • faraday future ff91
    Article

    Faraday Future joins Mobility Open Blockchain Initiative

    2018-07-26T16:28:03Z

    Image: Faraday Future 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 ...

  • subpac
    Article

    Faurecia invests in SubPac for immersive audio experience

    2018-07-24T18:36:00Z

    Faurecia Ventures has made an investment in audio firm SubPac, which has developed an acoustic experience to “capture the physical dimension of sound”.

  • denso
    Article

    Denso joins Plug and Play, HDBaseT Alliance

    2018-07-20T09:58:44Z

    Image: Denso 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 ...

  • tusimple slider
    Article

    TuSimple CTO has a vision of driverless trucks

    2018-07-05T11:30:53Z

    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 ...

  • hyundai.automotiveIT
    Article

    Hyundai partners with V2X chipset maker

    2018-07-04T15:45:12Z

    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 ...

  • AI.automotiveIT
    Feature

    AI set to give boost to automotive manufacturing and logistics

    2018-06-29T09:45:00Z

    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.

  • faurecia.automotiveIT
    Feature

    Faurecia CIO: "In three to five years everyone will work in IT"

    2018-06-06T16:22:00Z

    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.

  • softbank.automotiveIT
    Article

    Softbank invests in GM's Cruise driverless-car unit

    2018-06-01T09:17:36Z

    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 ...

  • waymo.automotiveIT
    Article

    Waymo to buy an additional 62,000 Chrysler Pacificas

    2018-05-31T20:04:12Z

    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 ...

  • tenneco.automotiveIT
    Article

    Tenneco, Schaeffler plan to make "dumb" components smart

    2018-05-29T18:13:00Z

    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.

  • nvidia.automotiveIT
    Article

    Nvidia exec: simulation technology can play key role in AV testing

    2018-05-29T17:45:00Z

    Norman marks, Nvidia’s automotive chief, sees a bigger role in digital simulations.

  • Konnect logo_600
    Article

    Volkswagen opens Konnect co-working campus in Tel Aviv to support tech start-ups

    2018-05-25T15:42:06Z

    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 ...

  • vw.automotiveIT
    Feature

    VW CIO: Quantum computing being readied to address real issues

    2018-05-16T14:57:00Z

    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.

  • faurecia powersphyr_scale
    Article

    Faurecia invests in PowerSphyr to enhance cockpit connectivity tech

    2018-05-14T13:03:00Z

    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 ...

  • GM-seat_bracket_crop
    Article

    GM using Autodesk software, AI and cloud computing for vehicle lightweighting

    2018-05-09T12:47:30Z

    3D-printed seat bracket Image: GM General 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 ...

  • volvo amazon key_crop
    Article

    Amazon Key unlocks Volvo and GM vehicles for parcel deliveries

    2018-04-30T11:50:26Z

    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 ...

  • evelozcity.automotiveIT
    Article

    Former Opel CEO Neumann joins Evelozcity

    2018-04-27T13:48:13Z

    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 ...

  • SF Motors SF5
    Article

    SF Motors to open new Californian R&D center

    2018-04-27T11:17:27Z

    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 ...