Intel Buys 15% of Here Mapping Business | Crunch Report | Summary and Q&A

TL;DR

Mayfield robotics creates a voice-responsive robot, Intel invests in mapping company HERE, and Proera receives $130M funding for its electric buses.

Key Insights

• 🤖 Mayfield robotics, funded by Bosch, introduces Curry, a voice-responsive robot.
• 😨 Intel's investment in HERE signifies their focus on developing autonomous positioning systems for smart cars.
• 👨‍💼 Proera's electric buses are gaining popularity, accounting for 1% of new bus orders in the US in 2015.
• 👨‍💼 Electric buses are becoming increasingly attractive, with Proera's buses able to travel up to 350 miles on one charge.
• 🌍 Mayfield robotics' Curry combines the features of Eve from Wall-E and Amazon Alexa.
• 😨 Intel CEO believes cars are becoming some of the world's most intelligent and connected devices.
• 💦 Proera has received significant funding of $280 million and has been working on their technology for 12 years.

Transcript

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Questions & Answers

Q: What features does Mayfield robotics' robot, Curry, have?

Curry, a voice-responsive robot, has an HD camera, range of sensors, and is similar to Google Home or Amazon Echo.

Q: What is the purpose of Intel's investment in HERE?

Intel aims to collaborate with HERE and its automotive partners to develop important technology foundations for smart and connected cars in the future.

Q: How many vehicles has Proera sold and what portion of new bus orders in the US did they account for in 2015?

Proera has sold over 300 vehicles and their buses accounted for 1% of new bus orders in the US in 2015.

Q: How far can Proera's electric buses travel on a single charge?

Proera's electric buses can travel up to 350 miles on a single charge, even on city streets.

Summary & Key Takeaways

• Mayfield robotics, funded by Bosch, introduces Curry, a voice-responsive robot similar to Amazon Alexa.

• Intel confirms a 15% stake in HERE for the development of autonomous positioning systems for smart cars.

• E-bus manufacturer Proera secures $130M funding for their zero-emission electric buses that can travel up to 350 miles on a single charge.