logo
Honda-backed Helm.ai unveils vision system for self-driving cars

Honda-backed Helm.ai unveils vision system for self-driving cars

CNA7 hours ago

Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles.
Helm.ai is working with the Japanese automaker to integrate its technology in the upcoming 2026 Honda Zero series of electric vehicles, which will allow users to drive hands-free and take their eyes off the road.
"We're definitely in talks with many OEMs and we're on track for deploying our technology in production," Helm.ai CEO and founder Vladislav Voroninski told Reuters.
"Our business model is essentially licensing this kind of software and also foundation model software to the automakers."
The California-based startup's vision-first approach aligns with Elon Musk's Tesla, which also relies on camera-based systems as alternate sensors such as lidar and radar can increase costs.
However, Voroninski said while Helm.ai has foundation models that work with other sensors, its primary offering remains vision-focused.
Industry experts say other sensors are critical to safety as they can act as backup for cameras, which are known to underperform in low-visibility conditions.
Robotaxi companies such as Alphabet's Waymo and May Mobility use a combination of radar, lidar and cameras to perceive their surroundings.
Helm.ai has raised $102 million to date and counts Goodyear Ventures, Korean auto parts maker Sungwoo HiTech and Amplo among its investors.
Helm.ai Vision combines images from multiple cameras to create a bird's-eye view map, which helps improve the vehicle's planning and control systems, the company said.
The system is optimized for several hardware platforms made by the likes of Nvidia and Qualcomm.
This enables automakers to incorporate Helm.ai Vision into their existing vehicle systems, which include their own technologies for predicting and planning vehicle movements.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Honda-backed Helm.ai unveils vision system for self-driving cars
Honda-backed Helm.ai unveils vision system for self-driving cars

CNA

time7 hours ago

  • CNA

Honda-backed Helm.ai unveils vision system for self-driving cars

Honda Motor-backed on Thursday unveiled its camera-based system to interpret urban environments, dubbed Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles. is working with the Japanese automaker to integrate its technology in the upcoming 2026 Honda Zero series of electric vehicles, which will allow users to drive hands-free and take their eyes off the road. "We're definitely in talks with many OEMs and we're on track for deploying our technology in production," CEO and founder Vladislav Voroninski told Reuters. "Our business model is essentially licensing this kind of software and also foundation model software to the automakers." The California-based startup's vision-first approach aligns with Elon Musk's Tesla, which also relies on camera-based systems as alternate sensors such as lidar and radar can increase costs. However, Voroninski said while has foundation models that work with other sensors, its primary offering remains vision-focused. Industry experts say other sensors are critical to safety as they can act as backup for cameras, which are known to underperform in low-visibility conditions. Robotaxi companies such as Alphabet's Waymo and May Mobility use a combination of radar, lidar and cameras to perceive their surroundings. has raised $102 million to date and counts Goodyear Ventures, Korean auto parts maker Sungwoo HiTech and Amplo among its investors. Vision combines images from multiple cameras to create a bird's-eye view map, which helps improve the vehicle's planning and control systems, the company said. The system is optimized for several hardware platforms made by the likes of Nvidia and Qualcomm. This enables automakers to incorporate Vision into their existing vehicle systems, which include their own technologies for predicting and planning vehicle movements.

Japan's TDK acquires US-based smart glasses company SoftEye
Japan's TDK acquires US-based smart glasses company SoftEye

CNA

time10 hours ago

  • CNA

Japan's TDK acquires US-based smart glasses company SoftEye

TOKYO :Japan's TDK said on Thursday it has acquired U.S.-based SoftEye, which makes software and hardware for smart glasses, as the smartphone battery maker looks for growth drivers linked to artificial intelligence. SoftEye, based in San Diego, California, develops technology that facilitates eye tracking and object recognition. Its founder and CEO, Te-Won Lee, was an executive at Samsung Electronics and Qualcomm. The deal is worth less than $100 million, a source familiar with the matter said. Technology firms are looking to hardware beyond smartphones, with Facebook owner Meta and others focusing on smart glasses that use AI to facilitate interaction between users and the environment. Social media company Snap has said it will launch smart glasses for consumers next year, and last month Alphabet's Google demonstrated smart glasses at its developer conference. Chipmaker Qualcomm also demonstrated a processor for smart glasses this month. TDK, which was once well known for its cassette tapes, is a major manufacturer of electronic components and supplies batteries for smart glasses.

Nippon Steel CEO sees no risk to management plans from US golden share
Nippon Steel CEO sees no risk to management plans from US golden share

CNA

time12 hours ago

  • CNA

Nippon Steel CEO sees no risk to management plans from US golden share

TOKYO :The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action that it deems appropriate, the Japanese steelmaker's CEO said on Thursday. Eiji Hashimoto spoke at a press conference in Tokyo a day after Japan's top steelmaker closed its $14.9 billion acquisition of U.S. Steel, confirming Nippon Steel had agreed to give the U.S. government unusual power to help end its 18-month battle to reach a deal. The national security agreement inked with the Trump administration hands the government a non-economic golden share and gives the president the authority to name a board member. "We won't be constrained in pursuing anything we aim to do," Hashimoto said, when asked how the golden share would influence management freedom. "We retain sufficient managerial freedom," he said, noting that the Japanese company accepted the U.S. government's desire to oversee the execution of the investment and proposed a golden share structure as a straightforward way to reflect it. The ultimate agreement with the U.S. government represents an unusual level of control conceded by the companies to save the deal, after a rocky path to approval spurred by high-level political opposition. "We struggled to complete this deal, but our global strategy is starting to take shape," Hashimoto said, adding that the company will consider further global expansion. The golden share gives the U.S. government a veto over a potential relocation of U.S. Steel's headquarters from Pittsburgh, a transfer of jobs overseas, a name change, and any potential future acquisition of a rival business. "We have spent 2 trillion yen ($14 billion) to acquire U.S. Steel ... We have no intention of relocating its headquarters or shifting production or jobs overseas," he said. The agreement inked with the administration also stipulates that Nippon Steel must make capital investments of about $11 billion in the U.S. by 2028. Hashimoto said he saw no issue with that requirement because the company intended to expand investments beyond its current plans. The Trump administration's policy shift towards imposing higher tariffs had increased the strategic importance of the U.S. Steel acquisition, he said. "This deal is not only a necessary and effective strategy to restore our company to the number one position globally, but also the only path for U.S. Steel to revitalize and grow,' Hashimoto told reporters. Nippon Steel will consider a capital raising among other options as it weighs how to fund its U.S. investment plans, Vice Chairman Takahiro Mori, the lead negotiator of the deal, said. "The increased leverage from acquisition debt remains a clear credit negative," Roman Schorr, senior analyst at Moody's Ratings, said in a report. "However, this is counterbalanced by the strategic benefits of expanding into the U.S. market, which enjoys tariff protection. U.S. Steel brings a strong asset base following recent investments, complementing Nippon Steel's portfolio," Schorr said, adding the company's investments and cost control would be closely watched. Nippon Steel shares rose 2.1 per cent by midday to 2,762 yen, outperforming the broader Nikkei 225 index, which fell 0.7 per cent. ($1 = 145.1700 yen)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store