TechTaffy

tech:

taffy

Fiat Chrysler joins BMW, Intel, Mobileye to build driverless cars

By TechTaffy Desk

Fiat Chrysler is joining BMW, Intel and Mobileye to build driverless cars. The companies have signed a memorandum of understanding on autonomous driving, which makes Fiat Chrysler the first automaker to join the BMW-Intel-Mobileye alliance.

Financial terms of the agreement were not disclosed.

BMW, Intel, and Mobileye joined forces in July last year to work on self-driving vehicles. The cooperation remains on-track to deploy 40 autonomous test vehicles on the road by 2017 year-end, say the companies.

[Image courtesy: FCA]

Just in

Industry

Intel appoints Kevin O’Buckley as senior VP and GM of Foundry Services

Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.
Industry

Squarespace to be acquired by Permira for $6.9B

Squarespace will be acquired by global private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion.
AI

OpenAI introduces GPT-4o: A free multimodal AI model for real-time audio, vision, and text

OpenAI has announced the release of GPT-4o, a new flagship AI model that can process and generate a combination of text, audio, and images in real-time.
Industry

Microsoft plans to invest $4B in France

Microsoft announced its largest investment in France, a $4.3 billion (€4 billion) package designed to accelerate the adoption of artificial intelligence (AI) and cloud technologies in the country.
Industry

Microsoft to build $3.3B data center in Wisconsin

Microsoft announced a $3.3 billion investment package in Southeast Wisconsin. The investment, to be rolled out by the end of 2026, includes the development of a datacenter campus in Mount Pleasant.