Gigaom Minute – June 12

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Intel’s views on and recent investment in self-driving cars, Stan - France’s Robot Valet, and a $12 billion biotech startup regrowing hair, are making news in today’s AI Minute.

Transcript

  • US tech giant Intel forecasts self-driving cars will create a new “passenger economy” as new businesses rise to engage commuters who have newfound time on their hands. The research, conducted for Intel by Strategy Analytics, predicts the worth of this new economic sector to be $800 billion a year by 2035, rising to $7 trillion by 2050. Read more.
  • In related news, The Jerusalem Post reports Intel has recently invested $15 billion in the purchase of Mobileye, a Jerusalem-based autonomous driving company. Mobileye CEO Ziv Aviram told The Jerusalem Post, “Autonomous cars are not a dream anymore. It’s not a matter of if. It’s matter of when.” Read more.
  • France’s first automated valet service is at your service at Paris-Charles de Gaulle Airport. Developed by Stanley Robotics, Stan the valet robot uses special sensors to slip under your vehicle, lift it gently by the wheels, and park it in a secured area until your return. Paired with flight details, Stan will have your car ready upon your return. Read more.
  • A private biotech has attracted $300 million in funding to support their mission to regenerate hair, skin, bones, and joints. Samumed, a $12 billion private biotech startup is working on regrowing hair on balding heads, reducing wrinkles, and regenerating cartilage. Initial study results saw a seven to 10 percent increase in hair growth. Read more.
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