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Israeli Tech Start-Ups Find Open Lane in New Automotive World


(Financial Times-UK) John Reed - The high-tech functions in which Israeli companies excel - cyber security, artificial intelligence, machine learning - are increasingly being deployed in cars. Ford Motor said in August that it was buying SAIPS, a machine learning and computer vision company based in Tel Aviv, as part of its plan to put a self-driving car on the road by 2021. General Motors has an advanced technical center in Herzliya that covers "non-traditional automotive technologies" including autonomous driving, data analytics, AI, machine learning, and sophisticated sensors. BMW in July teamed up with chipmaker Intel and MobilEye, the Nasdaq-listed Israeli pioneer of autonomous driving technology, to help the German carmaker begin producing fully automated vehicles by 2021. All are based on the shift of cars from works of primarily mechanical engineering to "smart' computers on wheels.
2016-09-16 00:00:00
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