Apple cuts 200 staff from Project Titan AV programme
Tech giant Apple has cut 200 staff from its autonomous vehicle (AV) programme, Project Titan, according to US media reports.
Apple is said to describe the changes to Project Titan as a restructuring move.
CNBC quotes a company spokesperson as insisting: “We continue to believe there is a huge opportunity with autonomous systems, that Apple has unique capabilities to contribute, and that this is the most ambitious machine learning project ever.”
The Apple representative continues: “We have an incre
January 24, 2019
Read time: 1 min
Tech giant 493 Apple has cut 200 staff from its autonomous vehicle (AV) programme, Project Titan, according to US media reports.
Apple is said to describe the changes to Project Titan as a restructuring move.
%$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000link-external CNBCfalsehttps://www.cnbc.com/2019/01/24/apple-lays-off-over-200-from-project-titan-autonomous-vehicle-group.htmlfalsefalse%> quotes a company spokesperson as insisting: “We continue to believe there is a huge opportunity with autonomous systems, that Apple has unique capabilities to contribute, and that this is the most ambitious machine learning project ever.”
The Apple representative continues: “We have an incredibly talented team working on autonomous systems and associated technologies at Apple. As the team focuses their work on several key areas for 2019, some groups are being moved to projects in other parts of the company, where they will support machine learning and other initiatives, across all of Apple.”
Spanish firm Ficosa is to put €500m into R&D over the next four years to provide new technology for connected and autonomous vehicles (C/AVs).
The firm believes that revenue from its technology systems will rise from €100 million to €800 million over the next five years.
Assisted driving and e-mobility are other areas of interest, and the company has already put its money where its mouth is, showing off a new e-mobility development centre last year.
The company had overall revenues of €1.28 billion
The USDOT will hold its next two connected vehicle PlugFests on 13-15 May in Farmington Hills, Michigan and on 24-26 June in Palo Alto, California. PlugFests provide venues for vendor-to-vendor connected vehicle device testing to help ensure that devices and systems meet the base standard requirements and level of interoperability necessary for the Southeast Michigan Connected Vehicle Test Bed Deployment 2014 Project.