Category: Autonomous vehicles

8m autonomous vehicles by 2025

ABI Research expects eight million consumer vehicles shipping in 2025 will feature SAE Level 3 and 4 technologies, where drivers will still be necessary but are able to completely shift safety-critical functions to the vehicle under certain conditions, and SAE Level 5 technology, where no driver will be required at all.

SenseTime becomes most valuable AI company

China-based SenseTime Group has become the world’s most valuable artificial intelligence (AI) startup following a US$600 million from Alibaba Group Holding and other investors for a valuation of more than US$3 billion.

ANSYS to acquire OPTIS

Pittsburgh-based engineering simulation software maker ANSYS has agreed to acquire France-based optical simulation software provider OPTIS with the transaction expected to be completed in Q2.