TomTom unveils in-car AI assistant, will it be more than a gimmick?
Generative AI will soon descend on the car. TomTom and Microsoft are joining forces to provide drivers with an in-car AI assistant. It promises to offer more than just a gimmick, provided car makers play along.
TomTom has built a "conversational automotive assistant" using Microsoft's AI suite. ... Read more
Automotive and industrial sectors show chip industry’s fractured status
Interest in AI masks the current rickety nature of the chip industry. While AI-related companies ventures are showing some impressive quarterly figures, revenue from the automotive and industrial sector are lagging behind.
The chip sector has many sides and is currently moving in many directions... Read more
BlackBerry launches automotive operating system QNX on AWS
BlackBerry has made QNX OS available on AWS. Users can now run the operating system on EC2 instances to test automotive software.
QNX OS is installed in cars to run and manage onboard instruments and subsystems. The operating system ensures that computing and processing tasks are completed with... Read more
NXP records strong revenue growth in third quarter
The Netherlands-based chip manufacturer NXP posted revenue of about €3.5 billion ($3.45 billion) in the third quarter of this year.
NXP achieved 20 percent more revenue than in the same period last year. The growth follows a great quarter in the automotive industry.
Revenue in the automotiv... Read more
Providence to acquire A2Mac1 for $1.3 billion
Providence Equity Partners has secured a bid of $1.3 billion to acquire A2Mac1 amidst a tough European financial market.
Providence Equity Partners is to acquire French automotive data firm A2Mac1 after outbidding rival bids at $1.36 billion. The owner of A2Mac1, Five Arrows Principal Investmen... Read more
Sony accelerates push into automotive sector
Sony plans to invest heavily in electric and autonomous cars. The Japanese tech group is initially partnering with Honda to supply sensors to car manufacturers, as reported by the Financial Times.
Sony forecasts great growth in the market for automotive sensors and processors. In its recent corp... Read more
Qualcomm closes mega-deal with Stellantis, storms automotive industry
Starting in 2024, Qualcomm will provide the technology for self-driving cars from Opel, Peugeot, Citroen and every other Stellantis brand.
Today, Qualcomm and Stellantis announced a multi-year agreement. Starting in 2024, all fourteen Stellantis brands will use the Qualcomm Snapdragon Chassis, a... Read more
NXP achieves record sales in 2021
NXP managed to book record sales of over 10 billion euros ($11.6 billion) in 2021. This was 28 percent more than in 2020. Chipsets for the automotive sector brought in the most revenue last year.
The Dutch chip manufacturer is performing well, its 2021 results show. In the fourth quarter of 2021... Read more
AWS strives for automotive dominance, sees an opportunity in Infor
Infor and AWS are strengthening their partnership. Infor CloudSuite Automotive, an industry-focused ERP solution, joins the ranks of AWS for Automotive, an umbrella term for AWS' industry-focused infrastructure and software. The move suggests a trend.
At a glance, the organizations deliberately ... Read more
Cognizant acquires ESG Mobility
IT service provider Cognizant has announced the acquisition of ESG Mobility. With this, the company wants to gain more expertise in the world of automotive.
When the acquisition is completed, about 1,000 specialists in engineering and R&D will join Cognizant, the company says in a press rele... Read more