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Denso leads $65 million funding round in autonomous car developer ThinCI

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Denso says it led the $65 million Series C funding round in ThinCI in order to “make autonomous cars a reality”.

Denso, the main supplier to Toyota, says the investment speeds development of semiconductor devices with deep learning capabilities required for next-generation autonomous and electric vehicles.

Denso, which is a $50 billion company and one of the world’s largest automotive suppliers of technology and components, says it is continuing to search for new ways to support the development of future mobility solutions that will “revolutionize how society moves”. [Read more…] about Denso leads $65 million funding round in autonomous car developer ThinCI

Denso invests in deep learning and vision processing startup Thinci

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Robotics and automation giant Denso says it’s become the lead investor in Thinci

Denso says its investment in startup will help accelerate next-generation automotive technology, using innovative deep learning and vision processing silicon and software. 

The company adds that its investment will lead to advancements in driver assistance and autonomous driving, improve the efficiency of thermal systems, and optimize the productivity of the vehicle’s powertrain.

Tony Cannestra, Denso International America’s director of corporate ventures, says: “Denso has been researching new developments in the area of computer vision processing. We strongly believe that Thinci’s technology will soon become a key component of next generation autonomous driving systems that require advanced computing techniques combined with deep learning capabilities.  [Read more…] about Denso invests in deep learning and vision processing startup Thinci