The Apple Car could be in the works after all. Longtime Apple analyst Ming-Chi Kuo of TF Securities has predicted that the iPhone maker could release its an Apple-branded car between 2023 and 2025. Insiders and Apple fans have predicted that the company will release a car at some point in the near future, but so far, the only firm details that have emerged surround its self-driving car program. Kuo, who has correctly predicted several Apple products in the past, believes an Apple Car could be the firm's next'star product.' It has the potential to revolutionize the auto industry, just like the iPhone did for the smartphone industry when it was first released in 2007, Kuo noted.
Investors have told Uber Technologies Inc it would be wise to sell off its self-driving car unit. The calls come after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue. Uber did not immediately respond to a Reuters request for comment. Uber is due to release its second-quarter earnings to investors later on Wednesday. Uber is only just getting its autonomous vehicles back on the road for the first time since one of its driverless cars fatally wounded a pedestrian.
Robert Bosch Venture Capital GmbH (RBVC), the venture capital arm of global automotive parts supplier Bosch Group, has completed an investment in mapping startup DeepMap Inc, a start-up based in Palo Alto, California that is building high definition maps specifically for self-driving vehicles. DeepMap is focused on solving the mapping and localization challenge for autonomous vehicles. The investment amount was not disclosed. "Maps explicitly designed to be read by machines are a critical enabling technology for safe autonomy. DeepMap fills a vacuum in the market.
Just when you thought Apple's top secret car project was dead, the rumor mill has once again started back up. This time, TF International Securities analyst Ming-Chi Kuo (aka the guy who's often eerily spot-on with his predictions about unreleased Apple products) believes Apple will release its "Apple Car" between 2023 and 2025. SEE ALSO: Apple's 2018 iPhones have a serious naming problem In his latest investor note (via MacRumors), Kuo says he believes the Apple Car will be the company's "next star project" and cites several reasons why producing its own car makes sense. The most obvious reason to release its own car is industry disruption, says Kuo. With new technologies such as augmented reality, autonomous-driving technology, and electrification already bringing about rapid change to cars, the automobile industry is ripe for transformation.
Elon Musk has responded after rapper Azealia Banks made a series of lurid claims about him. The Tesla founder was tweeting while on drugs and may have invited the musician to his house to have sex with him and his girlfriend Grimes, she suggested. But Mr Musk told Gizmodo he had has "never even met [Banks] or communicated with her in any way". The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.
After raising $35 million to develop driverless car technology and a strategy to build a fleet of shared vehicles, UK startup FiveAI is announcing its first on-street trial: a service aimed at commuters in the London outer boroughs of Bromley and Croydon. Projected to begin in late 2019, it will kick off first with a 10-month "data gathering" exercise, which will see five FiveAI vehicles, with drivers, collect information about road conditions, the movement of pedestrians and various vehicles, and other variables to help train its AI platform. The new trial will be the first on-street effort from the UK startup, which has up to now been testing its technology primarily in Bedfordshire, at automotive testing centre Milbrook Proving Ground, according to Ben Peters, FiveAI's VP of product who is also a co-founder of the company (alongside Stan Boland, Steve Allpress, John Redford and Simon Walker). The news of the London trial comes as TechCrunch has learned that FiveAI is also in the process of raising a new round of funding. While the $35 million FiveAI has raised to date is considered the highest amount of funding for an autonomous car company in Europe, it is a very modest figure when compared to startups in the US and China.
In 2014, Honda added driver-assist technology called Sensing to its higher-end trim packages on select models. The system is part of the automaker's plans to bring Sensing to all its vehicles by 2022 and perfect self-driving cars by 2025. This year, however, the company will include Sensing safety features for all trim levels of the Civic Sedan and Coupe. The updated autos will arrive as the 10th-generation of the Civic line of cars launches next year. The company promises updated styling and a new Sport trim for both sedan and coupe along with the Sensing technology.
A Californian metropolis will soon become pilot city for fully-automated and driverless driving -- thanks to Bosch and Daimler who are speeding up the SAE Level 4/5 tech in the city. The chosen city will see a fleet of autonomous shuttle service on selected routes in the San Francisco Bay in Silicon Valley, which will be operated by Daimler Mobility Services. The pilot project will demonstrate how mobility services, such as car sharing (car2go), ride-hailing (mytaxi) and multi-modal platforms (moovel), can shape the future of mobility. Both have selected Nvidia as the AI platform supplier as part of their control unit network. This network will also be used in the fleet vehicles wherein both companies will put on the Californian roads in Q2/2019.
Diagrams explaining the fourth industrial revolution, like this one by Christoph Roser, are OK as far as they go. What they mean is that physical systems are becoming digital. Think of the Internet of Things (IoT) supercharged by artificial intelligence (AI). But according to Distinguished Professor Genevieve Bell, these diagrams are missing something rather important: Humans and their social structures. "Now for those of us who've come out of the social sciences and humanities, this is an excellent chart because of the work it does in tidying up history," Bell said in her lecture at the Trinity Long Room Hub at Trinity College Dublin in July.
Tesla's Model S sedan, the car company's flagship vehicle, was first shown as a prototype in 2009, has been on sale since 2012, and, barring one small change to remove the fake grille at the front, has looked exactly the same for nearly a decade. This is notable because most manufacturers fully redesign their cars every four to six years to keep them fresh--and to keep buyers buying. For Tesla, tech upgrades are the selling point. The company pushes software updates several times a year, adding features like summon, where a car pulls in and out of a garage with nobody inside, or camper-mode, for sleeping in the car with the heating on. Tesla's biggest claim is that one day, all the cars it's currently building will be capable of full-self driving.