Toyota, Intel and others form big data group for automotive tech

A collection of prominent names in the tech industry have teamed up with Toyota to work on developing big data systems to support self-driving cars and other future automotive advances.

Denso, Ericsson, Intel and NTT Docomo joined hands with the Japanese car giant to announce the Automotive Edge Computing Consortium today. The group said it has plans to add “relevant global technology leaders” to its membership this year.

The companies have come together to tackle concerns around data usage in connected cars of the future, a critical component to making real-time mapping, driving assistance and other services go from theory to working in practice. Handling the huge volumes of data in a reliable and secure manner is critical.

“It is estimated that the data volume between vehicles and the cloud will reach 10 exabytes per month around 2025, approximately 10,000 times larger than the present volume. This expected increase will trigger the need for new architectures of network and computing infrastructure to support distributed resources and topology-aware storage capacity,” the group said in a statement.

To give an idea of scale, 10 exabytes is 10 billion gigabytes — a lot of data indeed.

Toyota has been pretty busy in the connected car space, to say the least. Last week, it took a stake in Mazda to advance its AI and autonomous tech push, and other notable advancements this year have included a connected car partnership with NTT, a move into the blockchain, and a $100 million fund to invest in AI startups.

More@ https://www.technapping.com

Source: Techcrunch

Comments

Walmart expands its grocery delivery business, powered by Uber

Walmart is expanding a test of its grocery delivery service, powered by Uber, the company announced this week. The retailer is now offering grocery delivery in two new markets — Dallas and Orlando — which join Tampa and Phoenix as locations where consumers can shop online for grocery items, then opt to have them come to their home for an additional $9.95 fee. Grocery delivery has been something Walmart has experimented with for years, starting with tests in Denver and San Jose of grocery delivery using its own service and trucks. The tests involving Uber are newer, however. In June, 2016, Walmart began a trial in Phoenix, which expanded to Tampa this March. In those locations, Walmart offers grocery delivery at five local stores per market. This week’s Dallas test is larger, with 8 stores participating. In Orlando, there are four stores involved. The grocery delivery service is available via the same online grocery shopping website where customers can place their pick-up orders — a s...

This 23-year-old just closed her second fund — which is focused on aging — with $22 million

Laura Deming is not your typical venture capitalist. Then again, she isn’t typical in many ways. For starters, the 23-year-old, New Zealand native was home schooled, developing along the way a love of math and physics and, perhaps most interestingly, the biology of aging. In fact, she became so preoccupied with the latter that at age 11, Deming wrote to Cynthia Kenyon , a renowned molecular biologist who specializes in the genetics of aging, asking if she could visit Kenyon’s San Francisco lab during a family trip to the Bay Area. Kenyon said yes. When, soon after the visit, Deming asked if she could work in the lab, Kenyon said yes again. Deming’s family moved to the U.S. to make it possible, and it’s highly doubtful they regret the decision. Indeed, by age 14, Deming was a student at MIT, and two years after that — at the tender age of 16 — she was a college drop-out, having been accepted into Peter Thiel’s two-year-old Thiel Fellowship program, which gives $100,000 to young people ...

Lilium, a German company building an electric ‘air taxi,’ makes key hires from Gett, Airbus and Tesla

Left to right: VP of Production Dirk Gebser, Head of Recruitment Meggy Sailer, CCO Dr. Remo Gerber and co-founder CEO Daniel Wiegand Lilium is almost as ambitious as European startups come. The Munich-based company is developing an all-electric vertical take-off and landing (VTOL) jet, which it hopes will one day power an on-demand “air taxi” service, arguably making flying cars a reality. And although it’s still early days — the two-seater Lilium Jet prototype only took its first public (and successful) test flight in April — the startup is announcing a number of key hires from notable companies in the transportation space. They are Dr. Remo Gerber, former MD for Western Europe at Gett, who joins Lilium as chief commercial officer; Dirk Gebser, who takes up the position of VP of Production and previously held manufacturing executive roles at Airbus and Rolls Royce; and Meggy Sailer, who joined Lilium as Head of Recruitment in February and was formerly Tesla’s Head of Talent EMEA. (...

Technapping

Search This Blog