Continental invests in Israeli start-up Cartica AI

Continental has acquired a minority stake in Israeli artificial intelligence start-up Cartica AI for an undisclosed amount. Cartica AI develops algorithms to accelerate machine learning. Continental already uses technologies from the field of artificial intelligence for object recognition in advanced driver assistance systems. The sensor data and images are used to identify road traffic objects […]

SIAM hails Indian Finance Minister’s announcement

Society of Indian Automobile Manufacturers (SIAM) has Welcomed Indian Finance Minister  Nirmala Sitharaman’s second set of announcements for reviving growth to become a five trillion economy. “A robust banking system is a necessity for the growth of an economy. PSB consolidation, growth-oriented recapitalisation and governance reforms are all progressive decisions to strengthen the banking system and give […]

Renault Nissan Tech centre India signs MoU with ICAT

International Centre for Automotive Technology of India (ICAT) has signed a memorandum of understanding (MoU) with Renault Nissan Technology and Business Centre India (RNTBCI) for In-Depth Data collection of Road Traffic Accidents. The project aims to reduce traffic fatality by scientifically understanding the factors involved in serious and fatal accidents in India. The project will […]