Mexican Media Brands
Tesla Acquires DeepScale
Tesla Inc. reportedly has acquired DeepScale Inc., a Mountain View, Calif.-based startup that specializes in machine learning technology for autonomous vehicle systems.
#hybrid
Share
Tesla Inc. has acquired DeepScale Inc., a Mountain View, Calif.-based startup that specializes in machine learning technology for autonomous vehicle systems, according to multiple reports.
The deal, which was first reported by CNBC, is said to give Tesla full ownership of the tech company. Tesla declined to comment.
Deepscale co-founder and CEO Forrest Iandola confirms that he is joining Tesla in a LinkedIn post. He lists himself as a senior machine-learning scientist on Tesla’s Autopilot team, which is responsible for the company’s autonomous driving technology.
Founded in 2015, Deepscale previously raised about $15 million in Series A funding. The company says it has developed a deep neural network system that can use existing low-wattage processors to cut the cost of advanced perception systems needed for self-driving cars.
Tesla CEO Elon Musk has said the company aims to launch a robo-taxi service in coming years. Tesla’s controversial Autopilot system currently is considered a Level 2 autonomous technology. But the carmaker says its latest in-house hardware can support full autonomy once compatible software is refined and validated.
Besides giving Tesla access to Deepscale’s technology, the acquisition helps the carmaker replenish its engineering staff. Several key executives have left Tesla in recent months. Among them is engineering vice president Stuart Bowers, who joined Tesla in 2018 to oversee Autopilot and other projects.
RELATED CONTENT
-
Can You Drive an EV in the Rain?
Although there is a veritable fleet of electric vehicles coming on the global market within the next few years, it seems that if the results of research in the United Kingdom track in any way with the rest of the world then the OEMs are in for a whole lot of electric vehicles sitting unsold in dealer lots.
-
Hyundai Shops for a Partner to Make Electric Scooters
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
