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Volkswagen is roughly two years behind Waymo in terms of development say CEO Diess
•Volkswagen has earmarked almost 44 billion euros ($50 billion) for developing autonomous driving.
Alibaba Group confirms it is working on fully autonomous, artificial intelligence-enabled self-driving technology
Ians •Alibaba has conducted regular road tests of its self-driving vehicles and the company was looking to hire an additional 50 experts to boost the technology.
Volkswagen showcases the stunning I.D. Vizzion at Geneva Motor Show: an autonomous, electric concept car with AI
Afp Relaxnews •The Volkswagen I.D. Vizzion already uses facial recognition to prevent unauthorized users from taking the controls (gestures and voice commands).
Samsung and Harman International unveil first set of components for autonomous driving and infotainment solutions at CES
•Samsung unveiled an automotive camera system featuring collision warning, lane-departure warning, and adaptive cruise control, developed with Harman.
Chinese AI start-up SenseTime Group planning an IPO and US R&D center
Ians •SenseTime provides applications for facial recognition, video analysis and other areas including autonomous driving.
Siemens agree to buy Dutch self-driving software specialist Tass International
•Tass makes software that can simulate complex traffic scenarios, validate autonomous driving and advanced driver assistance systems
Fiat joins BMW, Intel and Mobileye for developing an autonomous driving platform
•Fiat and other automakers are seeking alliances to share the high costs of developing self-driving vehicle technology.
Intel completes its $15.3 billion deal to acquire Israeli company Mobileye
Ians •Intel Corp further extended its offer to buy out remaining shareholders of Mobileye NV after securing 84 percent of the acquisition target's shares.
Mazda claims to become the first automaker to commercialise more efficient petrol engine
•The engine is called SKYACTIV-X and Mazda had no plans to supply the engine to other carmakers.
Industry experts have claimed that self-driving cars may not live up to the initial profit expectations
•Carmakers are increasingly looking to forego outright ownership of future self-driving systems in favor of spreading the investment burden and risk.