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Autonomous cars to quadruple vehicle software revenues to $1.2 trillion by 2030: Continental
The need for advanced safety features in automated and autonomous cars will see vehicle software revenues more than quadruple to $1.2 trillion a year by 2030, the head of auto parts supplier Continental said on Tuesday. Ensuring an autonomous car can avoid an accident will require it to process signals from radar, camera and laser sensors, leading to a massive increase in demand for sophisticated software, Elmar Degenhart, chief executive of Continental, one of the world’s biggest auto parts’ suppliers, said. “Software competence is mission critical for successful car companies but the industry lacks scale in this competence,” Degenhart told the Auto Motor und Sport industry congress in Stuttgart, Germany on Tuesday. (Fonte: Reuters)
Lyft cade ulteriormente dall’IPO dopo aver ricevuto il primo rating “sell”
Lyft Inc’s stock sank further below its IPO price on Tuesday after receiving its first negative review from an analyst who is skeptical that consumers will give up car ownership in favor of relying on ride-hailing services. Shares of the money-losing San Francisco company fell as much as 4.2 percent to $66.10 on Tuesday, their second straight session of losses after a hotly anticipated $72 initial public offer on Friday. The stock was down 2.3 percent at $67.41 early on Tuesday afternoon on the Nasdaq. (Fonte: Reuters)
Brain Corp. debuts an autonomous delivery robot for factories and retail
Brain Corp. has generated some serious funding in recent years, including a $114 million Series C, led by SoftBank back in 2017. The company’s been putting that money to work, announcing today the launch of an in-store autonomous delivery robot. AutoDelivery, which is currently still “proof of concept,” is built on the startup’s own BrainOS navigation platform, which is currently powering products from a number of companies, including Tennant, Minuteman, ICE, Nilfisk and SoftBank Robotics. Brain Corp.’s system is an interesting one designed to fulfill a fairly wide range of case uses, from stores to factories to warehouses. That could mean everything from inventory stocking to delivery fulfillment. (Fonte: TechCrunch)
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