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Seoul to Finance Project for Autonomous Car AI Chips

Seoul to Finance Project for Autonomous Car AI Chips

SEOUL, May 8 (Korea Bizwire) — South Korea’s science ministry said Wednesday that it will spend 14.3 billion won (US$12.2 million) in the next three years to help develop artificial intelligence (AI) chips that can be used in self-driving cars. Asia’s fourth-largest economy views autonomous vehicles as one of the industrial sectors for further growth [...]

Samsung No. 1 in Number of Patents Filed for Self-driving Cars

Samsung No. 1 in Number of Patents Filed for Self-driving Cars

SEOUL, Dec. 31 (Korea Bizwire) – Samsung Electronics Co. filed the largest number of patents related to self-driving cars in Europe, data showed Monday, far above traditional automobile manufacturers. According to the data compiled by the European Patent Office (EPO), the number of applications related to self-driving cars filed in Europe came to 3,998 in [...]

Gov’t to Revise Laws, Regulations to Embrace Self-driving Cars

Gov’t to Revise Laws, Regulations to Embrace Self-driving Cars

SEOUL, Nov. 8 (Korea Bizwire) – The government will revise laws and regulations in a way that facilitates the use of self-driving cars, such as changing the definition of drivers, officials said Thursday. The move is part of efforts to preemptively remove regulations that could impede the development and commercialization of self-driving cars, considered one [...]

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

SOMERVILLE, Mass., Oct. 9 (Korea Bizwire) — Perceptive Automata, the leading provider of human behavior prediction software for machines, announced today that it has raised $16 million in Series A funding. The oversubscribed round was led by JAZZ Venture Partners with participation from Toyota AI Ventures, Hyundai Motor Company, and existing investors First Round Capital [...]

FLIR Releases High-Resolution Thermal Camera Development Kit for Self-Driving Cars

FLIR Releases High-Resolution Thermal Camera Development Kit for Self-Driving Cars

WILSONVILLE, Ore., Jan. 8 (Korea Bizwire) — FLIR Systems, Inc. (NASDAQ:FLIR) today announced the availability of a high-resolution Thermal Vision Automotive Development Kit (ADK™) featuring the high-performance FLIR Boson™ thermal camera for automakers, tier-one automotive parts suppliers, and innovators of advanced driver assistance systems (ADAS). The new FLIR ADK allows developers to add an affordable, [...]

For Future Drone Delivery, Bridges, Tunnels, Bldg Suites to Get Individual Addresses

For Future Drone Delivery, Bridges, Tunnels, Bldg Suites to Get Individual Addresses

SEOUL, Dec. 28 (Korea Bizwire) – To set the stage for a future where drones, self-driving cars and AI-controlled robots serve as delivery workers, the Ministry of Interior and Safety has unveiled a five-year plan to bestow unique addresses to over 300,000 buildings. Specifically, what this entails is each room or suite will be designated [...]

Self-Driving Bus to Hit the Streets by the End of the Month

Self-Driving Bus to Hit the Streets by the End of the Month

SEOUL, Sept. 22 (Korea Bizwire) – A temporary permit issued to conglomerate KT by the Ministry of Land, Infrastructure and Transport (MOLIT) has cleared the path for a locally developed self-driving bus to be tested on the road. KT highlighted the momentous impact of the occasion in a public statement: “Until now, the Ministry of [...]