​Samsung accelerates self-driving car tech plans | ZDNet

Samsung has accelerated its involvement in automative technology but says it won’t be building its own self-driving cars.

The tech giant has set up a $300m fund that will invest in connected car and autonomous technologies, such as smart sensors, machine vision and other forms of artificial intelligence, high-performance computing, connectivity, safety systems, security, and privacy.

The fund’s first investment is $75m in TTTech, a networking and safety controls company that is working on the complex software integration for automated driving platforms.

Samsung has previously made investments in other automotive startups: including AImotive and Renovo for automated driving; Quanergy, TetraVue, and Oculii for sensors; Autotalks and Valens for connectivity; and Graphcore for high-performance computing.

Samsung has already clearly signalled its interest in this area, through its acquisition earlier this year of infotainment and connected car technology company Harman for $8bn.

Read more: ​Samsung accelerates self-driving car tech plans | ZDNet

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Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future. He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.

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​Samsung accelerates self-driving car tech plans | ZDNet

by Mike Rawson time to read: 1 min
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