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Toyota, BMW, Allianz to partner with autonomous vehicle startup Nauto

Autonomous vehicle technology company Nauto has entered into strategic agreements with BMW i Ventures and Toyota Research Institute, as well as with Allianz Ventures, part of financial service provider and insurance company Allianz Group. These companies have invested in Nauto and are working with the company on autonomous vehicle development using the Nauto cloud-based data learning platform. Nauto has developed deep learning capabilities that run both in the cloud and on retrofit devices that can be mo
October 11, 2016 Read time: 2 mins
Autonomous vehicle technology company Nauto has entered into strategic agreements with 6279 BMW i Ventures and 1686 Toyota Research Institute, as well as with 6027 Allianz Ventures, part of financial service provider and insurance company Allianz Group. These companies have invested in Nauto and are working with the company on autonomous vehicle development using the Nauto cloud-based data learning platform.

Nauto has developed deep learning capabilities that run both in the cloud and on retrofit devices that can be mounted in any vehicle, which the company says are already deployed in commercial passenger, logistics and delivery fleets and enables these fleets to manage vehicle and driver safety and operate more efficiently.

Under the agreements, Nauto and its auto and insurance industry partners will licence data and technologies, including Nauto’s artificial intelligence-powered vehicle network. As more vehicles deploy Nauto, its connected car network will be populated with greater volumes of precise information on how drivers and vehicles behave and perform. The resulting insights will improve fleet safety and operations near term to save lives and reduce liability and expenses.

Nauto-equipped vehicles began gathering and learning street and driving patterns in more than 24 cities around the world, from Bangalore and Vienna to Mexico City and Boston, and are now in commercial deployments in the San Francisco Bay Area and New York City.

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