Providing automotive engineering services including electrics/electronics, software, consulting, service testing and validation, and vehicle development Ingolstadt-based ASAP Group has been acquired in an almost entirely all-cash deal worth $279.72 million according to BSE filings.\nThe BSE (formerly Bombay Stock Exchange) filing notes India’s third-largest IT services firm, HCLTech as the new owner, and the deal will be conducted through the firm’s UK subsidiary.\nASAP Group counts over 1,600 employees working from nine locations across Germany.\n“We are delighted to align our growth journey with HCLTech's purpose of bringing together the best of technology and people to supercharge progress for all stakeholders,” commented ASAP Group CEO Michael Niesen.\n“We are confident that the combination of HCLTech and ASAP's engineering and technology performance will bring best-in-class advantages to the automotive industry worldwide.\"
"}}}},{"node":{"postTitle":"Kia Seltos facelift Vs Honda Elevate: Specs, design, features comparison","slug":"kia-seltos-facelift-vs-honda-elevate-specs-design-features-comparison","publishDate":"None","createdLocal":"2023-07-13 14:30:53.672551","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Two of the most highly anticipated launches in this segment in the near future are Honda Elevate and the facelifted Kia Seltos.\nKia Seltos facelift Vs Honda Elevate: DesignBoth the Seltos facelift and the Honda Elevate receive unique exterior design.\nKia Seltos facelift Vs Honda Elevate: FeaturesThe updated Seltos and Honda Elevate both boast of a rich equipment with common features such as wireless phone charger, all-LED illumination, automatic headlamps, panoramic sunroof, connected car tech, 10.25-inch touchscreen infotainment display, Android Auto and Apple CarPlay connectivity, auto IRVM, etc.\nKia Seltos facelift Vs Honda Elevate: DimensionsWhile Seltos is longer and taller than Elevate, the latter is marginally taller than the former.\nMeasurements Kia Seltos Honda Elevate Length 4,365mm 4,312mm Width 1,800mm 1,790mm Height 1,645mm 1,650mm Wheelbase 2,610mm 2,650mm Boot space 433 litres 458 litresKia Seltos facelift Vs Honda Elevate: Engine specsHonda Elevate comes with a single 1.5-litre naturally aspirated petrol engine that kicks out 119 bhp and 145 Nm of peak torque.
"}}}},{"node":{"postTitle":"The dark side of AI","slug":"the-dark-side-of-ai","publishDate":"None","createdLocal":"2023-07-13 14:30:53.237087","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"“As AI continues to expand its influence, there are growing concerns regarding its potential cybersecurity implications,” he said.\nFilpo said the rapid adoption of AI systems has expanded the attack surface for cybercriminals.\n“AI systems are seen as lucrative targets for hackers given the vast amounts of data they generate.\nHe also warned that AI systems can be targeted in adversarial attacks, such as attempts to manipulate AI algorithms, inject malicious data or poison training datasets to compromise the integrity and reliability of AI-driven systems, causing harm to businesses.\nWe believe a proactive approach to cybersecurity is essential in mitigating the risks associated with AI adoption,” he said.
"}}}},{"node":{"postTitle":"HCL Acquires German Autonomous Vehicle Tech Firm ASAP Group","slug":"hcl-acquires-german-autonomous-vehicle-tech-firm-asap-group","publishDate":"2023-07-13 08:55:31+00:00","createdLocal":"2023-07-13 14:30:52.980220","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Listen to this storyIndian IT giant HCL has recently acquired a 100% stake in German autonomous vehicle tech company ASAP Group, according to media reports.\nThis deal is poised to enhance the IT giant’s portfolio and strengthen its presence in the automotive industry.\n“Core engineering is at the heart of HCLTech’s DNA and truly differentiates our services portfolio.\nASAP has developed some exciting capabilities in automotive engineering, and we share their vision for the future of mobility.\n“This agreement will enable us to scale these capabilities and innovations across our global network,” Hari Sadarahalli, Corporate Vice President, Engineering and R&D Services, HCL Tech said.
"}}}},{"node":{"postTitle":"Automotive Cybersecurity: Opportunities and Challenges","slug":"automotive-cybersecurity-opportunities-and-challenges","publishDate":"2023-07-13 13:32:29+00:00","createdLocal":"2023-07-13 14:30:52.830282","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"As the automotive industry moves towards a future of connected and autonomous vehicles, ensuring robust cybersecurity is of paramount importance.\nOpportunitiesAdvanced Security Systems: The growing concern for automotive cybersecurity has led to the development of advanced security systems.\nCollaboration and Partnerships: The need for expertise in cybersecurity has opened up opportunities for collaboration between automotive manufacturers, technology firms, and cybersecurity companies.\nHuman Factors: Human error remains one of the weakest links in automotive cybersecurity.\nTo conclude, as the automotive industry moves towards a future of connected and autonomous vehicles, ensuring robust cybersecurity is of paramount importance.
"}}}},{"node":{"postTitle":"Autonomous Vehicles Market to grow at a CAGR of 38.45% from 2022 to 2027 | Historical and current forecast analysis research report-Technavio","slug":"autonomous-vehicles-market-to-grow-at-a-cagr-of-38-45-from-2022-to-2027-historical-and-current-forecast-analysis-research-report-technavio","publishDate":"None","createdLocal":"2023-07-13 14:30:51.960886","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Autonomous Vehicles Market - Regional Market OutlookThe market is segmented by geography (North America, Europe, APAC, South America, and the Middle East and Africa).\nSignificant Challenge- High driver distraction with an increase in vehicle automation is the major challenge restricting the market growth.\nThe rise in the adoption of autonomous vehicles is a key factor driving the market growth during the forecast period.\nThe near-autonomous passenger car market Size is estimated to grow by USD 294.81 billion between 2022 and 2027 at a CAGR of 38.23%.\nThe Increasing popularity of semi-autonomous vehicles is a key factor driving the market growth during the forecast period.
"}}}},{"node":{"postTitle":"Bunnings shopper spots controversial ‘number plate recognition’ detail on new store sign","slug":"bunnings-shopper-spots-controversial-number-plate-recognition-detail-on-new-store-sign","publishDate":"2023-07-13 03:23:45+00:00","createdLocal":"2023-07-13 14:30:51.158403","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"A Reddit user spotted this store sign at Bunnings’ new store in Preston, Melbourne.\nHowever while the reference to facial recognition technology has been included on old and new signage in stores, the mention of “number plate recognition technology” in a new addition.\nPhotos of store signage in circulation last July made no mention of number plate recognition software, however the new notice states that it is in use.\nThe sign stated that ‘number plate recognition technology’ was in use at Bunnings.\nAn old store sign, seen in July 2022, makes no reference to number plate recognition technology.
"}}}},{"node":{"postTitle":"How an “AI-tocracy” emerges","slug":"how-an-ai-tocracy-emerges","publishDate":"None","createdLocal":"2023-07-13 14:30:49.756589","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"The open-access paper, also called “AI-tocracy,” appears in the August issue of the Quarterly Journal of Economics.\nTo catalogue instances of political unrest in China, they used data from the Global Database of Events, Language, and Tone (GDELT) Project, which records news feeds globally.\nBut as one way of getting at that question, they studied the relationship between weather and political unrest in different areas of China.\nCertain weather conditions are conducive to political unrest.\n“We examine if this leads to greater innovation by facial-recognition AI firms, and indeed it does,” Beraja says.
"}}}}]}},"pageContext":{"limit":8,"skip":3248,"homeNumPages":1077,"currentPage":407}}}