Continental’s Hohm: AV Market to ‘Dual-Stream’ – TU Automotive “it would take a long time for the latter (driverless) market to become anything more than a niche segment.”

from Twitter

Uber’s Q3 financials

  • Uber’s net losses increased 32% quarter over quarter to $939M
  • Revenue for Q3 up 5% QoQ at $2.95B and up 38% YoY
  • Adjusted EBITDA = 4.1% of gross bookings (down from 6.4% in 3Q17)
  • Gross cash: $6.55B, not including the $500M from Toyota or the $2B from debt offering
  • Uber’s self-driving car operation is said to be losing as much as $200M a quarter



Streetdrone Xenos

Xenos in-vehicle offers a combination of software and hardware which allows different vehicle controllers to communicate with autonomous applications, such as AI or functional safety.

– Hardware: ruggedized real time computer units
– Data Type: safety critical, deterministic
– Applications: drive-by-wire, functional safety, AI self-driving stack, vehicle dynamics
– Security: controlled access, encryption, data loss prevention, advanced analytics
– Interfaces: to OEM vehicle via header file, interface to applications via open source API

Xenos on-demand provides a secure, semi-structured database within the cloud which allows autonomous vehicles to communicate with cloud-based solutions, or provides non-real time connectivity to the AI systems

– Hardware: 5G/WiFi connected mobility router
– Data Type: real and non-real time
– Applications: fleet management, telematics, optimisation, data aggregation, remote mission control, targeted advertisement
– Security: IoT features data loss prevention, advanced analytics
– Interfaces: to OEM vehicle via header file, interface to applications via open source API

Technology dubbed Xenos will allow any vehicle to safely connect to artificial intelligence systems for autonomous driving. The Xenos platform, developed by Oxford-based self-driving test vehicle specialist StreetDrone, allows the car and the AI system to safely communicate with each other. A combination of software and hardware, the platform allows different vehicle controllers to communicate [?]



Developing solid-state LiDAR.

Previously raised $2.8 million (Aug 2017)

Sense Photonics Inc. (Durham, North Carolina), a startup founded in 2016 to produce lidar and 3D sensors, has raised $14.4 million in equity finance, according to a Securities and Exchange Commission filing.


Guardian raises $2.5M pre-seed B funding

Investors include Union Ventures, B&E Equities, and other private investors. The investment is part of a pre-B round that totals $5.6M.

TEL AVIV, Israel, Nov. 12, 2018 /PRNewswire/ — Guardian Optical Technologies today announced that it received an additional investment of $2.5 million from…


Quanergy Closes Series C Financing; Valued at Over $2 Billion

Quanergy Systems, Inc., a Sunnyvale, Calif.-based leader in the development and manufacture of LiDAR sensors and smart sensing solutions, secured Series C funding at a valuation exceeding $2 billion.

An undisclosed global top-tier fund was the lead investor.

Quanergy Systems, a developer of LiDAR sensors and smart sensing solutions, secured Series C funding at a valuation of over $2 billion


Even just a few self-driving cars reduce traffic jams

In the figure eight scenario, replacing just one of the 14 “human”-driven cars with a self-driving car doubled the average car speed,

In the merge scenarios, replacing 10% of the regular cars with self-driving cars also increased overall traffic flow, in some cases doubling the average car speed.

In a Manhattan-style traffic grid increased the number of cars passing through by 7%.

Artificial intelligence?powered cars can put the brakes on stop-and-go traffic coming out of stealth announced a $15.5M Series A round led by Canaan with participation from Lightspeed Venture Partners, which invested in’s seed round. competes with the likes of Renovo, which unveiled AWare OS designed for Level 4 autonomous driving earlier this year.



Personal experience with Ford and Argo AI in Miami

Examples in the article:

…beginning to change lanes to the right and detected a car coming up in the adjacent lane at a higher speed. The AV aborted the lane change, moving back left into the current lane and let the other car pass.

Another car coming from our right made a right turn against a red light directly in front of us. The AV braked fairly hard, avoiding a collision

Making At an unprotected left turn near midtown Miami

Detecting a pair of pedestrians jaywalking across its path

Ford is on its way to creating what seems to be as good an AV system as any out there with smoother operation than much of what I’ve felt from several of its top competitors.  Even a good human driver would be challenged by multiple unprotected left turns, jay walkers, cyclists going the wrong way and more.

Ford plans to have expanded into multiple cities beyond Miami and Washington DC and we will likely hear more announcements through 2019 and 2020.

Ford and Argo AI give their look at how they are building a business around automated driving in Miami