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Tesla crash raises stakes for self-driving vehicle startups

#artificialintelligence

DETROIT/SAN FRANCISCO, July 12 (Reuters) - Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said. Goldman Sachs forecasts the market for advanced driver assistance systems and autonomous vehicles will grow from about 3 billion last year to 96 billion in 2025 and 290 billion in 2035. More than half of that revenue in 20 years, Goldman estimates, will come from radar, cameras and lidar, a sensor that uses laser - all tools considered essential to building vehicles that can pilot themselves. The May 7 death of Ohio technology company owner Joshua Brown in a Tesla Motors Inc Model S while the car's semi-automated Autopilot system was engaged highlighted the limitations of current automated driving systems. Tesla's Autopilot system uses cameras and radar, but not lidar.


Tesla crash raises stakes for self-driving vehicle startups

#artificialintelligence

DETROIT/SAN FRANCISCO (Reuters) - Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said. Goldman Sachs forecasts the market for advanced driver assistance systems and autonomous vehicles will grow from about 3 billion last year to 96 billion in 2025 and 290 billion in 2035. More than half of that revenue in 20 years, Goldman estimates, will come from radar, cameras and lidar, a sensor that uses laser – all tools considered essential to building vehicles that can pilot themselves. The May 7 death of Ohio technology company owner Joshua Brown in a Tesla Motors Inc Model S while the car's semi-automated Autopilot system was engaged highlighted the limitations of current automated driving systems. Tesla's Autopilot system uses cameras and radar, but not lidar.


Top self-driving car firms join forces to deliver fully autonomous system by 2019

ZDNet

Mobileye and Delphi Automotive have teamed up to work on autonomous vehicle technology. Two of the world's top self-driving tech firms are joining forces to deliver a fully autonomous, ready-to-install system for vehicles by 2019. Driven to distraction: Why IBM's Watson is getting onboard with self-driving vehicles and impatient passengers IBM has teamed up with Local Motors for a new autonomous vehicle. Here's how it will handle difficult passengers - and why you won't be able to buy one. Mobileye, the Israeli software firm that until recently supplied chips to support Tesla's Autopilot system, is teaming up with UK-headquartered Delphi Automotive, which counts GM and VW among its major customers.


Mobileye Accelerates Self-Driving Car Technology With Delphi Deal

#artificialintelligence

The road to self-driving cars got a little more crowded Tuesday, as Mobileye (MBLY) announced it will partner with General Motors (GM) supplier Delphi Automotive (DLPH) to jointly develop off-the-shelf autonomous driving technology for automakers. Mobileye, a Tesla supplier of advanced driver-assistance systems (ADAS), last month disclosed that its partnership with Tesla was ending. Mobileye is a leader in the development and production in computer vision systems, mapping and machine learning, while Delphi, a General Motors spinoff, is a leader in automated driving software, sensors and systems integration. Mobileye recently announced that it would team with BMW (BMWYY) and Intel (INTC) to develop a fully automated driving system, a partnership that one analyst called a "turning point" for autonomous vehicles.


Mobileye Accelerates Self-Driving Car Technology With Delphi Deal

#artificialintelligence

The road to self-driving cars got a little more crowded Tuesday, as Mobileye (MBLY) announced it will partner with General Motors (GM) supplier Delphi Automotive (DLPH) to jointly develop off-the-shelf autonomous driving technology for automakers. The two companies announced they will co-develop "the market's first turnkey Level 4/5 automated driving solution," which carmakers could begin integrating into vehicles starting in 2019. Level 5 is totally self-driving, while Level 4 is close to complete autonomy. All the major automakers and a number of the largest tech companies are working to develop self-driving cars, mostly through joint ventures. This month, General Motors said it was testing self-driving cars in Scottsdale, Ariz.