SAIPS News
3 articles
growth-negative
"Fully automated cars still just a dream"
SAIPS AV director Asaf Kagan spoke at a conference on innovation in Tel Aviv about the challenges and limitations of autonomous driving. He stated that fully autonomous driving is still a distant dream and that most companies in the field are focusing on mapping roads and planning. Kagan also discussed the future of AI/AV and the need for vehicles to communicate with each other. The article also mentions Taranis, a company in the field of drones and autonomous aerial vehicles, and their monitoring system for agricultural fields. The conference was held in memory of Yoel Amir, one of the founders of the Dimona nuclear reactor.
Acquired-by
growth-positive
Ford to Boost Israeli Computer Vision Subsidiary with $12.5 Million Investment
Ford Motor Company is investing $12.5 million in its Israeli subsidiary SAIPS AC Ltd. to establish a new unit focused on designing a decision-making system for autonomous vehicles. The investment aims to help Ford meet its aggressive goals in smart vehicle operations. SAIPS, acquired by Ford in 2016, specializes in computer vision and machine learning algorithms. The new unit will be led by Shie Mannor, a professor at Technion Israel Institute of Technology.
Investment
growth-positive
Ford acquires SAIPS for self-driving machine learning and computer vision tech
Ford has acquired SAIPS, an Israeli company specializing in machine learning and computer vision, to enhance its autonomous vehicle technology. SAIPS expertise in image and video processing algorithms, as well as deep learning technology, will help with the interpretation of data captured by sensors on Fords self-driving cars. Ford has also partnered exclusively with Nirenberg Neuroscience to improve the machine learning components of its driverless car systems. The partnership aims to bring more humanlike intelligence to the technology. Additionally, Ford has invested in Civil Maps to enhance its 3D mapping capability, which is crucial for self-driving efforts.
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