If you've been out on the streets of Silicon Valley or New York City in the past nine months, there's a good chance that your bad driving habits have already been profiled by Nexar. This U.S.-Israeli startup is aiming to build what it calls "an air traffic control system" for driving, and has just raised an extra 10.5 million in venture capital financing. Since Nexar launched its dashcam app last year, smartphones running it have captured, analyzed, and recorded over 5 million miles of driving in San Francisco, New York, and Tel Aviv. The company's algorithms have now automatically profiled the driving behavior of over 7 million cars, including more than 45 percent of all registered vehicles in the Bay Area, and over 30 percent of those in Manhattan. Using the smartphone's camera, machine vision, and AI algorithms, Nexar recognizes the license plates of the vehicles around it, and tracks their location, velocity, and trajectory.
Jun-16-2016, 01:15:35 GMT