This project may be Apple's fallback to building its own car. From 2014 to 2019, roughly, Apple's Project Titan was a ground-up autonomous, electrified vehicle project. Apple found out that building a car is enormously complex, there are regulatory hurdles to clear far tougher than for phones or PCs, and you can't build a world-class auto factory in a couple of years. Apple also found out that not everyone wants to run a contract factory for Apple, including BMW and Daimler, and if there was an agreement, divorce court would have followed closely. Too many egos and everyone would want the final say.
A robotic exoskeleton developed by Korean car manufacturer Hyundai has helped a paraplegic sportsman walk over and hug his mother for the first time in 10 years. Korean para-athlete and pro-archer Jun-beom Park was confined to a wheelchair in 2008 after being involved in an accident as a school boy. He damaged his thoracic vertebrae – the small bones that form the spine – in an incident that left him unable to walk. Now, 11 years on, the archery star has taken his'second first steps' thanks to an'exoskeleton suit' developed by Hyundai Motors Robotics Lab in Seoul, South Korea. In a heartwarming video produced by Hyundai, Jun-beom, 28, is seen putting his weight on his legs to stand up from his wheelchair, aided by the Hyundai Medical Exoskeleton (H-MEX).
Toyota Finance New Zealand Limited (TFNZ), a regional subsidiary of Japan-based automotive finance company Toyota Financial Services Corporation, has selected Ephesoft, a content capture and data discovery solutions provider, to accelerate its automotive loan application and settlement processing. Stephen Blay, General Manager Operations, Toyota Finance New Zealand said, "For a financial organization like TFNZ, the digital transformation of loan processes is most importantly a customer service initiative." He further added, "Ephesoft will enable us to integrate an innovative, cloud-enabled solution that uses machine learning for enhanced document and data management, ultimately making it simpler for our staff to help customers secure financing for a new vehicle. This partnership will also enable our loan operations team to shift their focus on manual data handling to strategic customer support." The approach is expected to serve as a best practice for financial service providers globally.
A FUTURISTIC city designed by Danish architecture practice Bjarke Ingels Group (BIG) and featuring autonomous cars, smart homes, artificial intelligence and other technologies is set to be constructed at the base of Japan's Mount Fuji. Above: The city will have substantial public spaces (image courtesy of Toyota). The so-called "City of the Future" prototype will be constructed on a 175-acre site by Toyota. Toyota will use its technologies to create a fully connected ecosystem powered by hydrogen fuel cells. The city will house over 2,000 full-time residents and researchers.
This month, the European Advances Studio for Toyota and Lexus revealed seven new designs offering a glimpse at what the luxury car manufacturer's products might look if there was a commercial market for space vehicles. The designs were part of a new issue of Document Journal, which commissioned ten designers to create a'Lunar Portfolio,' imagining what life would be like on the moon. The featured design is called'Zero Gravity,' a single-rider style vehicle that uses a speculative magnetic levitation technology to power the vehicle as it speeds along just above the surface of the moon. 'The design reinterprets the signature Lexus spindle grille and uses the motorcycle-style of driving to employ the new concept of Tazuna (which mean "reins" in Japanese): the fundamental human-centered philosophy,' Lexus explained in a statement released alongside the new portfolio of designs. 'Inspired by how a single rein can be used to achieve mutual understanding between horse and rider, the steering control provides active driving enjoyment created by the direct communication between human and machine.'
The Genesis GV80 luxury SUV has a lot riding on its broad shoulders. The BMW X5 and Mercedes-Benz GLE rival carries the future of Hyundai's fledgling luxury offshoot in Australia and beyond. Expected to arrive locally mid-year, it joins the new Genesis G70 and G80 sedan duo to fill an important void for Hyundai's luxury brand. Its bold exterior design cues, including a bluff grille, 22-inch wheels and split LED lights will appear on its more conservative four-door cousins in the near future. The interior brings a choice of five or seven seats in the South Korean home market, along with a whopping 14.5-inch digital display stacked with technology to rival Europe's best.
Tesla's customers are also test drivers amassing an unprecedented dataset that the company hopes to use to design its self-driving cars. And it hopes to do this before other car companies test their own self-driving technology with paying customers. So far, the strategy seems to be working. Sterling Anderson, director of Tesla's Autopilot program, told MIT Technology Review's EmTech Digital conference this week that the company had recorded data from Tesla drivers who covered 780 million miles in the last 18 months. The company's Autopilot program, launched in 2014, is not fully autonomous, but it uses a suite of ultrasonic sensors, radar and cameras to steer, change lanes and avoid collisions, and has been described as the predecessor to the full automation Tesla says it will release in 2018.
Preferred Networks is migrating its deep learning research platform from its own open source framework Chainer to PyTorch. The Japanese artificial intelligence startup unveiled the plan last week, assigning its new Chainer V7 to a "maintenance phase" in advance of the move. Preferred Networks will provide documentation and a library for Chainer users to facilitate the transition to PyTorch. According to a Nikkei survey, Preferred Networks ranks No.1 on estimated corporate value among 181 Japanese startups, with an estimated valuation of JP￥351.5 billion (US$3.24 Japanese auto maker Toyota has been working closely with Preferred Networks since its founding in 2014 and has pumped more than JP ¥11 billion (US$101 million) into the company's deep learning, robotics and self-driving R&D.
SAN FRANCISCO – Toyota Motor Co. is making a $394 million (¥43.3 billion) investment in Joby Aviation, one of the handful of companies with the seemingly implausible goal of making electric air taxis that shuttle people over gridlocked highways and city streets. Toyota is the lead investor in Joby's $590 million Series C funding, alongside Baillie Gifford and Global Oryx and prior backers Intel Capital, Capricorn Investment Group, JetBlue Technology Ventures, SPARX Group and its own investment arm, Toyota AI Ventures. The deal, for now, makes the Santa Cruz, California-based Joby the best-funded "eVTOL" (electric vertical take-off and landing) startup in a booming category that must overcome significant regulatory hurdles and concerns about passenger safety and noise, bringing the total money it has raised to $720 million. "Air transportation has been a long-term goal for Toyota, and while we continue our work in the automobile business, this agreement sets our sights to the sky," said Toyota President and Chief Executive Officer Akio Toyoda. "As we take up the challenge of air transportation together with Joby, an innovator in the emerging eVTOL space, we tap the potential to revolutionize future transportation and life."
Carmaker Toyota has unveiled plans for a 2,000-person "city of the future," where it will test autonomous vehicles, smart technology and robot-assisted living. The ambitious project, dubbed Woven City, is set to break ground next year in the foothills of Japan's Mount Fuji, about 60 miles from Tokyo. Announcing the project at the Consumer Electronics Show (CES) in Las Vegas, Toyota's CEO Akio Toyoda described the new city as a "living laboratory" that will allow researchers, scientists and engineers to test emerging technology in a "real-life environment." A digital mock-up shows small autonomous vehicles operating alongside pedestrians. "With people buildings and vehicles all connected and communicating with each other through data and sensors, we will be able to test AI technology, in both the virtual and the physical world, maximizing its potential," he said on stage during Tuesday's unveiling.