BMW announced on Tuesday a partnership with Chinese tech firm Momenta to jointly develop a new generation of intelligent driving assistance solutions exclusively for the Chinese market, News.az reports citing Xinhua. The collaboration aims to leverage artificial intelligence (AI) and automotive engineering expertise to create a safe, reliable and practical system tailored to local road…
BEIJING (Reuters) -BMW Group announced on Tuesday that it would join hands with Chinese autonomous driving firm Momenta to develop advanced driving assistance technology specifically for the China market. The co-developed system will cover highways and urban roads and be used in multiple models, BMW said in a statement. (Reporting by Beijing newsroom; Editing by…
Liva Healthcare, a Copenhagen, Denmark-based provider of a digital health technology platform, acquired Discover Momenta a London, UK-based company that provides and licenses digital, virtual, and in-person healthy lifestyle programmes to National Health Service (NHS) organisations, local authorities and other third parties across the UK, including subsidiary Momenta Newcastle. The company also closed a funding…
SHANGHAI/BERLIN (Reuters) -Mercedes-Benz is betting on China’s Momenta to help it win back market share in the world’s biggest auto market, with plans for fresh investment and at least four future models to use the autonomous driving startup’s software, three sources with knowledge of the matter said. The plans, which have not been previously reported,…