Ford to invest $4 bln in new self-driving vehicle unit

Daily Mail - Science & tech

Ford said it would invest $4 billion through 2023 in its newly formed autonomous vehicle unit, Ford Autonomous Vehicles, as it looks to produce self-driving cars in the next three years. The No. 2 U.S. automaker said the new unit would include self-driving systems integration, autonomous vehicle research and advanced engineering. It will go up against Google parent Alphabet's Waymo, Uber, Tesla and doxens of other into the lucrative market. Ford recently announced a collaboration with Miami-Dade County in Florida to test its self-driving vehicle business model on the streets of Miami and Miami Beach. The No. 2 U.S. automaker said the new unit would include self-driving systems integration, autonomous vehicle research and advanced engineering.


Intel to acquire self-driving firm Mobileye for $15 billion

Boston Herald

Intel announced Monday it will acquire Mobileye in a deal worth about $15 billion, as the tech giant makes a deeper push into the growing self-driving vehicle market. In a statement, Intel says it plans to acquire Mobileye for $63.54 per share in cash. The equity value of the deal is $15.3 billion, while the enterprise value of the acquisition is $14.7 billion. "Mobileye brings the industry's best automotive-grade computer vision and strong momentum with automakers and suppliers," Intel CEO Brian Krzanich said in a statement. "Together, we can accelerate the future of autonomous driving with improved performance in a cloud-to-car solution at a lower cost for automakers."


Intel to acquire self-driving firm Mobileye for $15 billion

USATODAY - Tech Top Stories

Intel announced Monday it will acquire Mobileye in a deal worth about $15 billion, as the tech giant makes a deeper push into the growing self-driving vehicle market. In a statement, Intel says it plans to acquire Mobileye for $63.54 per share in cash. The equity value of the deal is $15.3 billion, while the enterprise value of the acquisition is $14.7 billion. "Mobileye brings the industry's best automotive-grade computer vision and strong momentum with automakers and suppliers," Intel CEO Brian Krzanich said in a statement. "Together, we can accelerate the future of autonomous driving with improved performance in a cloud-to-car solution at a lower cost for automakers."


Samsung secures self-driving car permit in California

Daily Mail - Science & tech

Samsung has received a permit to test self-driving vehicles in California, marking the entry of the world's largest smart phone maker four months after iPhone maker and arch rival Apple Inc received a permit. Its parent company in May secured permission from South Korean authorities to test a self-driving car fitted with its own sensors and software systems. At that time, South Korean officials said the company planned to use the car to develop a self-driving car algorithm that could drive in adverse weather. In a statement to Reuters, Samsung did not say what precisely what it planned to test in the United States but said it secured the permit'in pursuit of a smarter, safer transportation future.' The company, part of a massive conglomerate that makes everything from washing machines to heavy machinery, said it has'no plans to enter the car-manufacturing business.'


Indeed.com says self-driving vehicle job listings are way up and so is interest in them

ZDNet

A few years ago, autonomous vehicles were barely known outside of tech circles, but now even your grandmother is considering self-driving features for her next car. Dozens of companies are developing autonomous vehicles, and many additional businesses are hiring engineers to build the sensors, software, and other components that turn automobiles into robots. Indeed shared some data with us, and we spoke with economist Daniel Culbertson for more insight. He is part of a team that analyzes Indeed's web metrics. Culbertson identified two major trends: a wide variety of companies are posting positions related to engineering self-driving vehicles, and website's visitors are showing an unusually high level of interest in these positions.