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Mobileye taps Luminar to supply lidar for its robotaxi fleet

Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary Mobileye with lidar for its fleet of autonomous vehicles. The deal, announced Friday, will see a rising star paired with a company that has long dominated the automotive industry. While the supplier agreement is nowhere near the scale of Mobileye’s core computer vision business, it is an important collaboration that extends beyond a few pilot prog...
Tags: Transportation, Tech, Intel, Automotive, Volvo, Daimler, Russell, Mobileye, LUMINAR, Austin Russell, Dubai Tel Aviv Paris China, Daegu City South Korea Mobileye, Mobileye CEO Ammon Shashua


Mobileye signs driver-assistance deal with Geely, one of China’s largest privately-held auto makers

Mobileye’s computer vision technology will be used in a new premium electric vehicle called Zero Concept from Geely Auto Group, one of China’s largest privately-held automobile manufacturers. Mobileye’s owner Intel made the announcement today at the Beijing Auto Show. Zero Concept is produced by Lynk & Co., the brand formed as a joint venture between Geely Auto and Volvo Car Group, and uses Mobileye’s SuperVision driving-assistance system. Intel also announced that Mobileye and Geely Auto hav...
Tags: TC, China, Israel, Tech, General Motors, Intel, Automotive, Electric Vehicles, Mobility, EVs, Geely, Mobileye, Geely Auto, Volvo Car Group, Amnon Shashua, Lynk Co


OrCam Technologies co-founder Amnon Shashua to speak at Sight Tech Global

If the measure of progress in technology is that devices should become ever smaller and more capable, then OrCam Technologies is on a roll. The Israeli firm’s OrCam MyEye, which fits on the arm of a pair of glasses, is far more powerful and much smaller than its predecessor. With new AI-based Smart Reading  software released in July, the device not only “reads” text and labels but also identifies people by name and describes other important aspects of the visual world. It also interacts with...
Tags: TC, Mobile, Wearables, Hardware, Tech, Diversity, Intel, Accessibility, Artificial Intelligence, Tel Aviv University, Massachusetts Institute of Technology MIT, Mobileye, NLP, Amnon Shashua, Ziv Aviram, Shashua


How Moovit went from opportunity to a $900M exit in 8 years

Omar Téllez Contributor Share on Twitter Omar Téllez is a private investor in several tech companies based in LatAm and Silicon Valley. A member of Niantic’s executive team, he was previously president of Moovit. More posts by this contributor Top VCs Are Chasing Digital Companies In Latin America Why Ed Tech Is Taking Off In Latin America In May 2020, Intel announced its purchase of Moovit, ...
Tags: Apple, Google, Startups, TC, Transportation, Apps, Column, Entrepreneurship, Israel, Tech, Intel, Colombia, Automotive, Chile, M&a, Brazil


Sight Diagnostics raises $71M Series D for its blood analyzer

Sight Diagnostics, the Israel-based health-tech company behind the FDA-cleared OLO blood analyzer, today announced that it has raised a $71 million Series D round with participation from Koch Disruptive Technologies, Longliv Ventures (which led its Series C round)and crowd-funding platform OurCrowd. With this, the company has now raised a total of $124 million, though the company declined to share its current valuation. With a founding team that used to work at Mobileye, among other companies, S...
Tags: Health, Startups, TC, New York, London, Medicine, Cancer, Israel, Artificial Intelligence, United States, President, Healthcare, Food And Drug Administration, Disease, Machine Learning, Fda


Buildots raises $16M to bring computer vision to construction management

Buildots, a Tel Aviv and London-based startup that is using computer vision to modernize the construction management industry, today announced that it has raised $16 million in total funding. This includes a $3 million seed round that was previously unreported and a $13 million Series A round, both led by TLV Partners. Other investors include Innogy Ventures, Tidhar Construction Group, Ziv Aviram ( co-founder of Mobileye & OrCam) , Magma Ventures head Zvika Limon , serial entreprene...
Tags: Fundings & Exits, Startups, Cloud, Japan, Technology, London, Enterprise, Medicine, Finance, Israel, Tel Aviv, Tech, United Kingdom, Agriculture, Cyber, Poland


Ford Touts Expanded Partnership With Mobileye for Next-gen Driver Assist

Despite urging buyers to venture far from the beaten path with its new Bronco, Ford knows the bulk of its customers will want to keep their tires planted firmly on blacktop, and chances are they’d like the car to handle some of the responsibilities, too. With that in mind, Ford reached a deal with Mobileye […] The post Ford Touts Expanded Partnership With Mobileye for Next-gen Driver Assist appeared first on The Truth About Cars.
Tags: Technology, Safety, Ford, Autos, Suppliers, Mobileye, News Blog, Driver Assist, Bronco Ford


Experts rank Tesla, Apple, Nvidia and 7 other companies building the most powerful tech for autonomous vehicles

The research firm Guidehouse Insights ranked 10 companies that are developing computing hardware that could be used to run autonomous-vehicle software. Companies were evaluated on a variety of criteria related to their strategy and execution, including production strategy and product performance, reliability, and quality. Nvidia placed first on the list, followed by Intel-Mobileye and Qualcomm. Do you work in the autonomous-vehicle industry? Do you have an opinion on your company's technology ...
Tags: Apple, Google, China, Trends, Tesla, Intel, Nvidia, Pegasus, Toyota, Volvo, Gpu, Qualcomm, Daimler, Garrett Camp, Morgan, Xavier


BMW, Mercedes Benz end ‘long term’ automated driving alliance, for now

BMW Group and Mercedes-Benz AG have punted on what was meant to be a long term collaboration to develop next-generation automated driving technology together, less than a year after announcing the agreement. The German automakers called the break up “mutual and amicable” and have each agreed to concentrate on their existing development paths. Those new paths may include working with new or current partners. The two companies also emphasized that cooperation may be resumed at a later date. The pa...
Tags: Tech, Intel, Companies, Automotive, San Jose, Automotive Industry, Bmw, Mercedes Benz, Driver, Mercedes, Here, Daimler, Marketwatch, Bosch, Daimler AG, BMW Group


5 self-driving car companies that are primed to survive the wave of consolidation slamming the industry

A trend in the autonomous-vehicle industry toward consolidation will accelerate in the wake of the novel coronavirus, three industry experts told Business Insider. Waymo, Ford Autonomous Vehicles, Cruise, Baidu, and Intel's Mobileye are in the best position to weather the fallout from the coronavirus, said Guidehouse Insights research analyst Sam Abuelsamid. Small startups and larger companies that haven't made much visible progress on self-driving tech — like Uber, BMW, and Nissan — will be i...
Tags: Apple, Google, Amazon, San Francisco, Trends, General Motors, Intel, Cruise, Porsche, Ford, Washington Dc, Gm, Dallas, Silicon Valley, Toyota, Bmw


An autonomous-vehicle expert reveals the 5 companies best positioned to survive the wave of consolidation headed for the self-driving car industry

A trend in the autonomous-vehicle industry toward consolidation will accelerate in the wake of the novel coronavirus, three industry experts told Business Insider. Waymo, Ford Autonomous Vehicles, Cruise, Baidu, and Intel's Mobileye are in the best position to weather the fallout from the coronavirus, said Guidehouse Insights research analyst Sam Abuelsamid. Small startups and larger companies that haven't made much visible progress on self-driving tech — like Uber, BMW, and Nissan — will be i...
Tags: Apple, Google, Amazon, San Francisco, Trends, General Motors, Intel, Cruise, Porsche, Ford, Washington Dc, Gm, Dallas, Silicon Valley, Toyota, Bmw


Experts rank Tesla, Waymo and 16 other power players in the world on self-driving cars

Waymo topped Guidehouse Insight's 2020 ranking of companies that are working on autonomous-driving technology and mobility services. The Alphabet subsidiary was followed by Ford Autonomous Vehicles, General Motors-owned Cruise, and Baidu. Companies were ranked according to a number of criteria related to their strategy and execution, including vision, partners, technology, and product capability. Do you work in the autonomous-vehicle industry? Do you have an opinion on how your company or the ...
Tags: Google, Amazon, Florida, Russia, Singapore, Israel, San Francisco, Trends, Tesla, Intel, Ces, Beijing, Cruise, Vw, Ford, Gm


The Station: Uber has a taste for Lime, Tesla drama, Moovit gets acquired

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station, I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. If you’re interested in all the future and present ways people and packages move from Point A to Point B, you’re in the right place. As I mentioned in the last edition, “how” our society opens back up is as important as “when” i...
Tags: Google, TC, Transportation, Lyft, Uber, Texas, Israel, San Francisco, Tech, Tesla, Ukraine, Intel, Atlantic, Automotive, Ford, Port Of Los Angeles


Confirmed: Intel is buying urban mobility platform Moovit in a $900M deal

On the heels of a spate of reports over the weekend, today Intel confirmed its latest move to grow its automotive division. The chip giant is acquiring Moovit, an Israeli startup previously backed by Intel that analyses urban traffic patterns and provides transportation recommendations with a specific focus on public transit. The deal values Moovit at $900 million, although Intel says that the growth of its existing stake in the startup effectively means that Intel paying $840 million in this tr...
Tags: TC, Tech, Intel, Ford, Moovit, Lvmh, Mobileye, Waymo, Amnon Shashua, Bob Swan, Shashua, Israel Sequoia Israel, Nir Erez Moovit


Intel to buy smart urban transit startup Moovit for $1B to boost its autonomous car division

Some big M&A is afoot in Israel in the world of smart transportation. According to reports and sources that have contacted TechCrunch, chip giant Intel is in the final stages of a deal to acquire Moovit, a startup that applies AI and big data analytics to track traffic and provide transit recommendations to some 800 million people globally. The deal is expected to close in the coming days at a price believed to be in the region of $1 billion. We have contacted Nir Erez, the founder and CEO of ...
Tags: TC, Uber, Israel, Tech, Intel, Moovit, Lvmh, Cto, Intel Capital, Mobileye, Amnon Shashua, Nir Erez, David Bedussa, Wadi Ventures, BMW Sound Ventures Gemini Israel Sequoia Israel


In the self-driving car competition, it's a 2-horse race between Cruise and Waymo — but the companies have differing objectives (GM, GOOGL)

In the development of autonomous-mobility businesses, Cruise and Waymo are staking out clear leadership positions. Waymo announced a $2.25-billion funding round this week, and Cruise is already valued at nearly $20 billion. Cruise is also showing dramatic progress with the testing of its ride-sharing service in San Francisco, ahead of a commercial launch in the city. Cruise and Waymo are definitely in something of a two-horse race, but they have somewhat different business models and objective...
Tags: Google, Facebook, California, US, San Francisco, Trends, General Motors, Tesla, Intel, Cruise, Ford, Arizona, Gm, Honda, Hyundai, Cto


Electrical tape on speed limit signs tricks Tesla vehicles into violations

Security researchers were able to trick Tesla vehicles into breaking speed limits by placing tape on a sign.
Tags: News, Cars, Trends, Tesla, Self-driving Cars, Mobileye


Researchers Trick Tesla Into Accelerating 50 Miles Per Hour

mrwireless writes: Security researchers were able to get multiple Tesla cars to accelerate to 85 miles per hour on a road with a speed limit of 35. They did this by simply modifying the speed limit sign with some black tape, turning a "3" into an "8." Mobileye, the company that produces the Mobileye Eye Q3 for many of Tesla's cars, downplayed the research by suggesting that the modified sign would fool even a human into reading 85 instead of 35. "Autonomous vehicle technology will not rely on se...
Tags: Tech, Tesla, MIT Technology Review, Mobileye


How electrical tape on a sign tricked a Tesla into speeding

By Ryan Beene, Bloomberg Researchers were able to trick a Tesla Inc. vehicle into speeding by putting a strip of electrical tape over a speed limit sign, spotlighting the kinds of potential vulnerabilities facing automated driving systems. Technicians at McAfee Inc. placed the piece of tape horizontally across the middle of the “3” on a 35 mph speed limit sign. The change caused the vehicle to read the limit as 85 mph, and its cruise control system automatically accelerated, according to researc...
Tags: Business, Tesla, Sport, Soccer, Automakers, McAfee, Duke University, Mobileye, RYAN BEENE, Missy Cummings, McAfee Inc, Tesla Inc, Steve Povolny, Bloomberg Researchers, Mobileye Inc, Intel Corp Mobileye


Tesla's biggest problem with self-driving cars is that it actually has to sell them to customers (TSLA)

Unlike Cruise and Waymo, Tesla has created a business around building cars and selling them to consumers. This business model has been wildly successful for Tesla, now valued as highly as three of General Motors. But Tesla is hamstrung by this model, as far as the potentially $8 trillion autonomous ride-hailing and ride-sharing business is concerned. Tesla is trapped, having created great products that consumers want and love, but also watching as competitors design all-new businesses optimize...
Tags: Apple, Facebook, China, US, San Francisco, Trends, General Motors, Tesla, Ford, Gm, TSLA, Michigan, Bmw, Volkswagen, Detroit, Mercedes


The delivery startup Nuro just became the first self-driving vehicle company to get permission from the US government to ditch side mirrors and windshields

The autonomous-delivery startup Nuro just became the first self-driving vehicle company to receive an exemption from federal safety standards. That means Nuro can make self-driving delivery vehicles without side mirrors or windshields. Nuro's new delivery vehicle, the R2, has two compartments for goods, but no steering wheel or seats.  Nuro has delivered groceries and pizzas to customers of Kroger and Domino's, and has announced a grocery-delivery pilot with Walmart. Visit Business Insider's h...
Tags: Google, Transportation, India, Softbank, US, Trends, General Motors, Tesla, Walmart, New Jersey, Gm, Ferguson, Houston, United, Business Insider, Doordash


The CEO of Mobileye explains why self-driving cars can't be too cautious (INTC)

Acquired by Intel in 2017, Mobileye is developing software and hardware for self-driving cars, including computer chips and maps. Mobileye CEO Amnon Shashua told Business Insider that autonomous vehicles (AVs) can't be too cautious. If AVs take too long to get to their destinations, people won't want to ride in them, Shashua said. To increase reliability, Mobileye is developing a self-driving system that can operate with only cameras and a system that needs only lidar and radar, then putting t...
Tags: Google, France, Israel, Jerusalem, Tel Aviv, Trends, Intel, Ford, Gm, Nissan, Cto, Business Insider, China Korea, Mobileye, Mustang Mach, Amnon Shashua


Mobileye takes aim at Waymo

Mobileye has built a multi-billion-dollar business supplying automakers with computer vision technology that powers advanced driver assistance systems. It’s a business that last year generated nearly $1 billion in sales for the company. Today, 54 million vehicles on the road are using Mobileye’s computer vision technology. In 2018, the company made what many considered a bold and risky move when it expanded its focus beyond being a mere supplier to becoming a robotaxi operator. The upshot: Mobil...
Tags: Apple, TC, Transportation, Lyft, Uber, South Korea, China, Jerusalem, Tel Aviv, San Francisco, Tech, Intel, Automotive, Transport, Volkswagen, Self-driving Cars


Experts say these were the 19 most consequential enterprise tech acquisitions of the last decade, transforming companies like Dell, Microsoft, and Google for a new era

We asked analysts their picks for the smartest enterprise technology acquisitions of the past decade. The list ranges from Dell's $67 billion acquisition of EMC and its major subsidiary VMware – the largest pure-tech deal of all time – to Google's acquisition of the artificial intelligence startup DeepMind. Read below for the 21 smartest enterprise technology acquisitions from 2009 to 2019, according to analysts. Click here to read more BI Prime stories The last decade saw some massive upheav...
Tags: Apple, Google, Amazon, Japan, London, Microsoft, Softbank, Trends, Linkedin, Cisco, European Union, Intel, Larry Ellison, Gartner, Sun, Ibm


These are the 19 smartest enterprise tech acquisitions from 2009 to 2019, according to analysts

We asked analysts their picks for the smartest enterprise technology acquisitions of the past decade. The list ranges from Dell's $67 billion acquisition of EMC and its major subsidiary VMware – the largest pure-tech deal of all time – to Google's acquisition of the artificial intelligence startup DeepMind. Read below for the 21 smartest enterprise technology acquisitions from 2009 to 2019, according to analysts. Click here to read more BI Prime stories The last decade saw some massive upheav...
Tags: Apple, Google, Amazon, Japan, London, Microsoft, Softbank, Trends, Linkedin, Cisco, European Union, Intel, Larry Ellison, Gartner, Sun, Ibm


Qualcomm's autonomous vehicle platform is a direct challenge to Intel and Nvidia

This story was delivered to Insider Intelligence Connectivity & Tech subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Qualcomm launched a direct challenge to Intel and Nvidia in the autonomous vehicle (AV) space with the Snapdragon Ride Platform. The platform — available for pre-development to automakers in 2020 and expected to be in production in 2023 — includes scalable chipsets and develo...
Tags: Trends, Tesla, Intel, AV, San Diego, Nvidia, Qualcomm, Fiat Chrysler, Mobileye, NXP Semiconductors, Waymo, Intel Mobileye, Insider Intelligence, Insider Intelligence Connectivity Tech, Connectivity Tech Pro Insider Intelligence, Toyota Volvo


Mobileye expands its robotaxi footprint with a new deal in South Korea

Mobileye announced Tuesday an agreement to test and eventually deploy a robotaxi service in Daegu City, South Korea, the latest example of the company’s strategy to expand beyond its traditional business of supplying automakers with computer vision technology that power advanced driver assistance systems. Under the agreement, which was announced at CES 2020, Mobileye will integrate its self-driving system — a kit that includes visual perception, sensor fusion, its  , software algorithms and its ...
Tags: TC, South Korea, Technology, France, China, Israel, Jerusalem, Tech, Intel, Automotive, Automation, Paris, Autonomous Vehicles, Volkswagen, Self-driving Car, Robotaxi


Qualcomm unveils its Snapdragon Ride platform for all levels of automated driving

Qualcomm today unveiled a new automotive platform called Snapdragon Ride that’s designed to power all levels of automated driving, from today’s active safety systems in passenger cars to the robotaxis that may someday ply city streets. The scalable platform consists of a Snapdragon Ride system-on-chip, accelerator and autonomous stack. Qualcomm might be best known for supporting mobile phones, but it also has a family of automotive products, including semiconductors for the telematics systems...
Tags: Startups, TC, Intel, Nvidia, Gpu, Qualcomm, Mobileye, ADAS, Duggal, Nakul Duggal, CES 2020, Snapdragon Ride


After 2019’s reality check, what’s ahead for driverless cars in 2020?

If 2018 was when the industry was shocked into sobriety, 2019 would be a year when pragmatism and the challenges of trying to develop and scale a technology got a lot more real.  The upshot: the industry is in the midst of its adolescent years, where change can occur suddenly, causing confusion and awkward encounters. It’s a time when others develop far faster than their peers. And this coming year promises some of the same. Cracks in the autonomous vehicle industry — concealed by quixotic zeal...
Tags: TC, Transportation, Tech, Intel, Automotive, Gartner, Nvidia, Las Vegas, Edmunds, Continental, Bosch, Jensen, Mobileye, Tempe Arizona, ADAS, Jeremy Acevedo


Tesla and rivals like Waymo and GM are locked in a battle over the future of self-driving cars (TSLA)

In recent years, many of the companies developing self-driving cars have backed off from the aggressive timelines they had previously set to introduce fully driverless vehicles for personal or commercial use. And they are increasingly using investments and partnerships with competitors to share the immense research-and-development costs driverless cars require, as did General Motors with its investment in Cruise Automation. But Tesla has bucked both of those trends, saying that fully driverles...
Tags: Google, Elon Musk, California, Softbank, US, Trends, General Motors, Tesla, Mit, Ford, Gm, Nvidia, Jaguar Land Rover, Toyota, Bmw, Volkswagen