Showing posts with label deal. Show all posts
Showing posts with label deal. Show all posts
Saturday, March 4, 2017
BMW strikes autonomous car deal with Intel Mobileye
BMW strikes autonomous car deal with Intel Mobileye
HI
BMW has announced a partnership with Intel and Mobileye, dedicated to building autonomous cars that are capable of a fully driverless mode.
The alliance, announced on Friday at a joint news conference, shows the power dynamics shifting in the automotive industry. Instead of BMW requesting parts and software or sourcing it internally, as it would have in the past, it is now using a more open and collaborative approach.
All three companies plan to work together to launch a fully driverless car by 2021. BMW will show a prototype sometime in the future, with an Intel chip inside and Mobileye camera sensors and software inside. “Highly autonomous cars and everything they connect to will require powerful and reliable electronic brains to make them smart enough to navigate traffic and avoid accidents,” said Intel CEO Brian Krzanich at the news conference.
Intel has been desperate to enter new markets, investing millions into wearables, machine learning, and the Internet of Things. BMW could provide the chip giant entry into one of the largest emerging markets, the driverless car. BMW is open to having more companies join the partnership, though the other two in the alliance might not see the value of having potential competitors working to build the next generation of cars.
It is not the only marriage of automotive and technology that has happened this year, General Motors acquired Cruise Automation for $1 billion a few months ago and invested $500 million into Lyft as a portal for self-driving taxis.
Tesla accident casts a shadow
The announcement was plagued by questions about the safety of self-driving cars, following the first Tesla’s Model S crash while in AutoPilot. BMW CEO Harald Krueger said: “The accident is very sad … We believe today the technologies are not ready for series production … For BMW, safety comes first.” Mobileye has already thrown some shade at Tesla for its emergency braking systems, saying that weren’t designed for “lateral turn across path” action and won’t be until 2018. Tesla rebuked that claim, stating that the system should, in theory, have been able to recognize the car and press the brakes. The crash may have thrown the self-driving industry, which was rapidly becoming more accepted in parts of the world, into disarray. Questions about who is to blame for a crash and if a car can make the moral choice may become more prevalent in the media cycle, which could create a disconnect between car drivers and autonomous systems.
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Monday, January 30, 2017
Auto driving Google and Honda to sign deal
Auto driving Google and Honda to sign deal
Google is multiplying partnerships. After announcing a collaboration with the Fiat-Chrysler Group, Google has just entered into talks with Honda.
Independent driving is one of the great challenges of the contemporary automobile. After officially recorded in mid-July a partnership with the Fiat-Chrysler group , Google (through its subsidiary Waymo ) entered into talks with the Honda automobile manufacturer. He explained that the partnership aims to test on American roads vehicles equipped with technologies Waymo reports Le Figaro .
This win-win collaboration will also allow Google to increase its testing and Honda to improve its expertise. The latter will continue to develop its own independent car technology. This strategy should allow Google to market its platform to medium or even short term. Many manufacturers have set the deadline of 2020; To say that the race is launched.
The first vehicles developed in collaboration with Chrysler will be operational from 2017. Waymo has also published a first photo of the final rendition. If the agreement is reached, a Honda autonomous fleet should quickly travel the US roads.
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Friday, January 20, 2017
Obafemi Martins Signs N4B Shanghai Deal
Obafemi Martins Signs N4B Shanghai Deal
Former Eagles striker Obafemi Martins has extended his contract with Chinese Super League club Shanghai Shenhua.
The former Inter Milan, Newcastle United and Wolfsburg star first penned a one-season deal with the Gregorio Manzano-led side, but will now stay with the club until the end of the 2017 season based on the new agreement.
Martins has averaged 0.5 goals per game (15 goals from 30 appearances) this season, a feat that helped him to get the new improved pay cheque.
The 32-year-old will pocket $9 million in wages (equivalent of N4.1 billion) in the new deal that he signed, $2.4 million more than his last deal.
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