Bosch and Conti are working together. Both join Recogni, an AI company from Silicon Valley, for an unspecified amount. In this way, the companies want to drive forward developments in the field of autonomous driving.
Continental has been working with Recogni for a year and a half, and now the investment is pending. In addition, the Hanoverians also maintain partnerships, for example in sensor technology. Conti and Bosch do not name the exact extent to which they will join Recogni. In total, the financing round has a volume of almost 50 million dollars. The new chips still only exist as a concept – the simulations so far have convinced, according to Conti.
Strong investments in electronics, networking and software
At Continental, electronics, networking and software are playing an increasingly central role, which is why we are investing and hiring heavily. With technology from the US company Nvidia, the DAX company has been operating a supercomputer since last summer, which is also used in the development of robot car programs. Classic areas such as mechanics and hydraulics, on the other hand, are losing importance in the ongoing restructuring of the company, and numerous jobs are being cut here.
In Germany, the first regular operation with autonomous cars is to start gradually from next year, according to the Federal Government. In addition to the suppliers, the car manufacturers themselves invest a lot of money in the technology. Apple and Google are also investing. The automotive industry is currently lacking supplies for the important semiconductors that are found in all microelectronics. The companies hope that the supply will stabilize again soon.
Source: com! professional by www.com-magazin.de.
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