14 septembre 2017

UK’s FiveAI gets $35M to build a taxi service powered by its own self-driving car platform

UK’s FiveAI gets $35M to build a taxi service powered by its own self-driving car platform The race is on for autonomous vehicle technology, and now a startup out of the U.K. is the latest to throw its hat into the ring to help build it. Cambridge-based FiveAI — a partner in the U.K.’s StreetWise self-driving project — has raised £14 million ($18 million) and £12.8 million ($17 million) in two tranches to fill out its plans for a two-part business in the world of self-driving services. First, FiveAI is building its own autonomous... [Lire la suite]
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01 décembre 2016

FiveAI ‘Driverless Car Project’ Ventures To Compete With Google, Tesla

FiveAI ‘Driverless Car Project’ Ventures To Compete With Google, Tesla UK based engineering-manufacturing start-up FiveAI has entered the ‘driver less car projects’ to give a strong challenge to Google, Tesla in the sector. FiveAI plans to develop an artificial intelligence (AI) system which can drive the ‘driver less car’, reported Forbes on Sunday. The company has tied up with Amadeus Capital and pumped an investment to the tune of $2.7 million in equity funding for the artificial intelligence system, added Forbes. Reportedly,... [Lire la suite]