Source: Knorr-Bremse announcement
Munich – Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, has invested approximately $25 million in Israeli start-up Autobrains in return for a minority share of about five percent of the company.
Autobrains supplies video perception technology for realizing system solutions for advanced driver assistance (ADAS) and automated driving.
“Today, we are delighted to announce our partnership with the Artificial Intelligence (AI) start-up Autobrains. Autobrains proven ‘self-learning AI’ technology has the potential to disrupt ADAS and HAD development in the truck industry”, said Dr. Jan Mrosik, CEO of Knorr-Bremse AG.
The Autobrains video perception software operates in a fundamentally different way from traditional deep learning systems. Self-learning AI requires less data and computing power, which can significantly reduce development times and costs. In addition, it is independent from the underlying hardware.
“This enables Knorr-Bremse to react quickly and flexibly to the various requirements in the commercial vehicle business, which is characterized by a wide variety of vehicle types with different installation situations and newly upcoming legislation. This flexibility is especially needed for certain markets in Asia. That’s why this strategic investment fits well into our ADAS and HAD strategy for the commercial vehicle sector,” added Dr. Peter Laier, Member of the Executive Board of Knorr-Bremse AG, responsible for the Commercial Vehicle Systems division.
The cooperation is complementary to Knorr-Bremse and Continental’s existing partnership regarding radar and camera systems for driver assistance and automated driving.
Autobrains’ self-learning AI successfully interprets video data and navigates safely in all driving scenarios – even in unusual situations and edge cases where traditional supervised learning systems are least reliable.
This improves traffic safety and helps accelerate the adoption of ADAS, as well as building the base for the utilization of Autobrains technology in the arena of automated driving. It also increases the accessibility of ADAS across market segments at a time when regulations are requiring more driver assistance capabilities in commercial vehicles.
To view the entire announcement, click HERE.