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.
Intel, long the most dominant chip vendor for PCs, is making a high-profile transition away from them and toward such growth markets as the internet of things (IoT), drones, the cloud, artificial intelligence (AI) and machine learning, virtual and augmented reality, network connectivity and the data center. Essentially, the company wants the billions of connected devices that will make up the IoT to run on Intel technology, and for its products to drive the systems that connect them to the cloud. "We are transforming into the company that is powering the cloud, connecting smart devices and making new experiences possible based on all that today," Intel CEO Brian Krzanich told the more than 6,000 people who traveled to San Francisco last week for the annual Intel Developer Forum (IDF). In the past, the show had been packed with new PCs and servers powered by the company's latest and greater processors. However, this year's IDF had a decidedly different vibe to it, with fewer PCs on display and more drones, cars and other connected devices on the floor.
ARM on Tuesday announced the release of a new chip, called the Cortex-R5, that's designed for real-time embedded systems with critical safety needs, such as autonomous driving or surgical automation. STMicroelectronics is the first ARM partner to announce it's licensing the new processor to build highly integrated SoCs for the automotive market. The new chip was developed to meet the requirements of the most stringent industrial safety standards (IEC 61508 SIL 3) and automotive safety standards (ISO 26262 ASIL D), making it easy to adopt. It also uses hardware to simplify its integration into complex real-time software environments, as well as to separate software tasks to protect and isolate safety-critical code. This allows the hardware to be managed by a software hypervisor.
In the Internet of Things (IoT), formerly unconnected devices are wirelessly linked to the Internet so that they can report and collect data or automate systems. It's fairly clear that the IoT will soon be a multitrillion-dollar business, with estimates of its size reaching 11 trillion to 19 trillion a year by 2025, according to McKinsey and Cisco. And one of the most important industries for IoT is the automotive market. Connected cars, autonomous driving systems, artificial intelligence, cloud computing, and a host of other technologies are driving huge changes for carmakers, and the IoT has a hand in them all. By 2020, consultancy Gartner estimates that nearly 250 million cars will be connected to the Internet, and PriceWaterhouseCooper forecasts that the connected car market will be worth 149 billion by that year.
Even if self-driving cars aren't part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one fifth of all autos on the road, and great majority of new vehicles being produced worldwide will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today. That's where Otonomo, a startup based in Herzliya, Israel comes in. The company's systems gather up driver and vehicle data from disparate automakers and original equipment manufacturers.