
(Photo Credit: Tesla)
Tesla aquiring Deepscale
Elon Musk, the founder of Tesla, has been promising to put driverless cars on the road by 2020. Tesla took a step toward making that dream a reality by acquiring the start-up company DeepScale, a company that provides computer vision technology to automakers.
Forrest Iandola, the CEO of DeepScale, announced the merger with Tesla in a post on his LinkedIn page.
“I joined the Tesla #Autopilot team this week. I am looking forward to working with some of the brightest minds in #deeplearning and #autonomousdriving,” Iandola wrote.
At a private event in Palo Alto earlier this year, Elon Musk said driverless vehicles were the way of the future, and anyone who didn’t buy a Tesla would be left in the dust as technology advances. He even compared drivers who buy non-Tesla cars to people who “buy horses.”
“The fundamental message consumers should be taking today is that it’s financially insane to buy anything other than a Tesla,” Musk said. “It’ll be like owning a horse in three years. I mean, fine if you want to own a horse, but you should go into it with that expectation.”
However, Musk has been overly enthusiastic in his predictions in the past: He previously vowed to bring driverless cars to the market in 2018.
Tesla currently sells a car that can “navigate on autopilot,” but it comes with a warning that states, “Navigate on Autopilot does not make your Model 3 autonomous. Like other Autopilot features, the driver is still responsible for the car at all times.”
-
Wall Street kicked off the second quarter with one of its strongest opening sessions in months, delivering a sharp...
-
Where it begins There is a particular kind of developer in Philadelphia that does not announce itself loudly. Rather,...
-
Samsung is not slowing down in the foldable space. With the upcoming Galaxy Z Fold 8 lineup, the company...
-
Indian stock markets posted strong gains on March 25, signaling renewed confidence among investors after a period of volatility...
-
The idea of a foldable iPhone has been floating around for years, but now it feels closer than ever....
-
The latest Federal Reserve meeting landed right in the middle of a sensitive moment for markets. On March 18,...
-
Apple generated major excitement in early March with a series of announcements and invite-only hands-on events that gave media...
-
Technology stocks staged a notable rebound in early March as investor confidence returned to the artificial intelligence sector. Strong...
-
Global experts in artificial intelligence believe the coming decade will dramatically reshape how humans interact with machines. Some predict...
-
Several universities in Hong Kong have expressed support for a government plan to launch short term study tours designed...
-
Credit: Shutterstock When Albert Einstein reportedly called compound interest the “eighth wonder of the world,” he wasn’t talking about...
-
Credit: Shutterstock The team behind Claude is speaking out. Anthropic has revealed what it describes as a large-scale and...