Drive AI, a start up that focuses on “brains” for self driving cars, recently announced the company raised $50 million in order to funds to develop and manufacture the innovative technology.
Unlike Tesla and other automotive brands, Drive AI does no intend on manufacturing self-automated cars, but rather creating technology that can retrofit current vehicles. Developed in Stanford’s AI labs, the brain is a retrofit kit that will use off-the-shelf sensors, such as radar, to transform traditional cars to self automated vehicles.
Deep Learning Software will allow the start up’s modules to learn how to handle various driving conditions a person may encounter at a faster rate. This type of AI technology allows the vehicles to learn as they drive, much like an ordinary driver, and will hopefully create safer roads with advanced self-driving vehicles. This technology will help these retro kits handle various driving situations faster than typical firmware updates.
CEO Sameep Tandon said,"What we are building at Drive.ai is the brains for self-driving cars." He continued "We think self-driving cars are going to make roads safer, give us our time back, and re-imagine our cities."
Since these retrofit kits can be installed on various vehicles such as cargo vans and delivery trucks, the start up differs from its competitors by aiming their technology to businesses rather than consumers. The company aims specifically for businesses that operate fleets of vehicles on a daily basis.
"We want vehicles that are constantly moving, constantly being used," the CEO stated. "Over time, we do think that this is something that will make its way into consumer vehicles, but we want to focus on getting them out into the world as soon as possible."
Drive AI expects to implement its technology with specific companies to deploy its kits in pilot tests by the end of the year.