Tesla’s AI Acquisition: A New Way For Autonomous Driving? The new acquisition of DeepScale by Tesla is the latest deal made by the electric car company. This week Tesla acquired DeepScale, which is a startup that focuses on developing computer vision technologies (the price of the deal was not disclosed). There are at least five others which include Maxwell Technologies from early this year and Solarcity in 2016. Tesla acquired Deepscale, a California-based startup, in its efforts to build a fleet of robotaxis by 2020.
But unlike Maxwell, the purchase of DeepScale is firmly rooted in the in-car driving (or perhaps, riding) experience. Tesla Inc. has reportedly acquired computervision startup DeepScale Inc. . The firm noted that Tesla ... Tesla’s DeepScale acquisition. ... DeepScale acquisition: Fast-forwarding Tesla self driving. CNBC cited unnamed sources who said the Mountain View business had been acquired but no price was disclosed. Tesla this week closed the acquisition of DeepScale, an organization that makes use of subtle “deep neural networks” and different facets of artificial intelligence to assist a car’s in-car autonomous driving expertise extra successfully “see” what’s round it. Deepscale is Tesla's sixth acquisition, including Maxwell Technologies in May 2019. Tesla has quietly acquired an artificial intelligence firm to construct out its Autopilot autonomous driving system. Tech giant Tesla announced buying of DeepScale, a computer vision start-up that the company hopes to help in further evolving of fully driverless vehicles.. The acquisition deal included a position for DeepScale founder and CEO Forrest Iandola as a senior machine learning specialist working the Autopilot team, which is where DeepScale… The firm has a target price of $300 on the stock, implying an upside of nearly 23% from its last closing price. On October 30, in a tweet, Tesla CEO Elon Musk confirmed that the price of Tesla’s full self-driving package would rise by $1,000. About DeepScale Stock. Tesla makes small acquisitions from time to time, but DeepScale appears to be its most significant acquisition since February, when the company announced that it would acquire Maxwell Technologies to improve its battery technology.
DeepScale Stock. October 4, 2019 October 4, 2019 by Tom Taulli.
Based on Tesla’s last closing price, those shares are worth over $22 million. Electrek’s Take It confirms that Hibar and Deepscale were relatively small acquisitions for Tesla. Deepscale in the Press “Machine learning solutions will be the key driver for autonomous driving. ... Tesla’s AI Acquisition: A New Way For Autonomous Driving? Besides the reporting of the acquisition, this new deal has been kept quiet. Forbes - Oct, 4 2019. DeepScale is a technology company that develops perceptual systems for semi-autonomous and autonomous vehicles. What Tesla’s Grab Of DeepScale Is All About.
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