Posts tagged with "tata"

Hyundai Invests in New Technology

Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business announced today its strategic investment in allegro.ai, a leading technology company specializing in deep learning (DL) – based computer vision. This partnership with allegro.ai will allow to speed up deployment of AI technology in many business areas. This will improve the quality of Hyundai’s products, thereby increasing customer satisfaction while creating a safer driving environment.

Founded in 2016, allegro.ai offers the first end-to-end DL lifecycle management solution focused on deep learning as it applies to computer vision. The company’s platform simplifies the process of developing and managing deep learning-powered solutions – such as autonomous vehicles, drones, security, logistics and others.

“Deep learning computer vision is one of the core technologies that can be applied to autonomous driving to navigate roads and make quick decisions in real-time – and allegro.ai is clearly an innovation leader in that field,” said Ruby Chen, Head of Investment at Hyundai CRADLE Tel Aviv. He added, “Our investment in allegro.ai is a further step in enhancing our presence in the Israeli market, a global leader of technological innovation in the fields of automation, artificial intelligence and deep learning. This is our fifth investment in an Israeli company and our activities will continue to grow the coming year”.

“We are proud to partner with Hyundai and share Hyundai’s belief that AI empowers the industry to provide greater road safety, autonomy, to better understand customers’ needs and to help broaden their experiences,” said Nir Bar-lev CEO and Co-founder of allegro.ai. “Whether a company is developing autonomous vehicles, drones, security, or other types of applications, allegro.ai makes it easy for them to manage their data-sets and build deep learning-based solutions while guaranteeing complete and confidential control of their data.

Check out their website HERE

JAGUAR XE SV PROJECT 8 SEDAN

Jaguar Land Rover Special Vehicle Operations (SVO) has revealed the most powerful, agile and extreme performance Jaguar road car ever produced – the 200mph1, 592HP Jaguar XE SV Project 8 sedan.

 

Following the successful F-TYPE Project 7 of 2014, the XE SV Project 8, the second Collector’s Edition by SVO, is a hand-built four-door sedan with supercar performance – designed to thrill driving enthusiasts, with an extraordinary combination of explosive power, dynamic agility and all-wheel-drive traction. No more than 300 examples will be created for global sale, each to be assembled at the SVO Technical Center in Coventry, England.

 

“SVO’s raison d’être is to produce halo vehicles that push the boundaries in terms of luxury, performance and all-terrain capability. Project 8 is a great example of what happens when enthusiastic designers, engineers and manufacturing specialists are given the opportunity to create an extreme performance sports car without compromise,” said John Edwards, Jaguar Land Rover Special Operations Managing Director. “Project 8 will be assembled by hand in the new SVO Technical Center, and we’re confident that our enthusiastic and demanding clients will love driving Project 8 as much we do!”

 

The Project 8 exclusively features the most powerful version of the Jaguar Land Rover 5.0-liter Supercharged V8 gasoline powertrain. The 592HP power unit, which has a Titanium Variable Active Exhaust, is complemented by a standard All Wheel Drive (AWD) system4 and motorsport-derived aerodynamics to deliver a 200mph top speed and 0-60mph in 3.3sec1, making Project 8 the fastest accelerating Jaguar yet.

 

Fundamental to the performance of the most track-focused car SVO has ever produced, Project 8 features a number of purposeful modifications to the lightweight aluminum body panels of the award-winning Jaguar XE sports sedan.


http://jaguarusa.com