Market trends and business perspectives
Applied Intuition, a provider of a simulation platform for autonomous vehicle development, has raised $40 million in Series B financing.
The funding round was led by General Catalyst with participation from Kleiner Perkins, M12 (Microsoft), Sozo Ventures, and La Famiglia.
Previous investors, Andreessen Horowitz, Lux Capital, and Floodgate, also participated in this round. [Read more…] about Autonomous vehicles simulator Applied Intuition raises $40 million in funding
Three ways entrepreneurs can bring the rate of progress we’ve seen in computing and communication to car tech.
Throughout much of early-to-mid 20th century, cutting-edge design and technology found its way into cars. Following the invention of the integrated circuit, chips and bits started displacing pistons and gears in the hearts and minds of engineers.
Silicon Valley’s gravitational force began stripping Motor City of its talent, compounding with the success of every tech startup. Not long after the birth of the Internet, Silicon Valley experienced unencumbered prosperity, while Detroit struggled to hold on for dear life.
Full article: http://www.oreilly.com/pub/cpc/20765
Penton’s TU-Automotive has announced the agenda and speaker line-up for TU-Automotive Detroit 2016 (June 8-9, Nov, MI), the world’s largest conference and exhibition dedicated to innovation in automotive technology, covering connected cars, autonomy and mobility.
At TU-Automotive Detroit 2016, the city’s automakers (Ford, General Motors and Fiat Chrysler Automobiles) will join international OEMs such as Jaguar Land Rover, Nissan and Mercedes-Benz to discuss their vision for how the car can become the leading “node” of the Internet of Things.
Leading technology disruptors such as Zipcar, Amazon, Via and Renovo Motors will also take center stage during discussions as the ecosystem widens to embrace new players.
The 80+ session agenda and 150+ speaker line-up can be viewed at TU-Automative. [Read more…] about TU-Automotive Detroit conference and exhibition returns for 2016
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