Lexus LS+ Concept Is a Flagship Focused on Automated Driving

– There are three things auto manufacturers are pretty much required to develop now to stay relevant: electric vehicles, crossovers, and autonomous-driving technology. As to that last one, the industry has decided it’s no longer a question of if driverless cars are coming; it’s a matter of when. Dozens of recent concept cars from all parts of the globe have […]

Oracle announces a new automated database that can patch cybersecurity flaws itself (ORCL)

Larry Ellison didn’t wait long after coming onto the Oracle OpenWorld conference stage in San Francisco on Sunday before announcing a new set of cybersecurity-oriented products. In his first keynote of Oracle’s annual use conference, the executive chairman announced a new autonomous database that can patch itself from cybersecurity flaws without having to go offline.  The automated […]

2018 Nissan Altima Priced, Adds Automated Emergency Braking and Forward-Collision Warning

– As the saying goes, everything has its price, and that includes the 2018 Nissan Altima. Nissan has trimmed last year’s seven-model Altima lineup to five, ditching the base car as well as, at the other end of the spectrum, the V-6–powered 3.5 SR. The five Altima trim levels that remain haven’t changed much, but […]

Automated mortgage broker Habito raises $24 million from Atomico, others

Habito, a U.K.-based online mortgage broker, has raised £18.5 million ($ 24 million) in a series B round of funding led by Atomico, the venture capital (VC) giant set up by Skype cofounder Niklas Zennström. Existing investors Ribbit Capital, Mosaic Ventures, and Revolutionary (Ad)Ventures also participated in the round. Founded out of London in 2015, Habito […]

THE EVOLUTION OF ROBO-ADVISING REPORT: How automated investment products are disrupting and enhancing the wealth management industry

BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. Startups with robo-advisor products are failing to live up to their initial promise. As solutions proliferate and consumer adoption remains slower than expected, many firms are re-examining and updating their strategies […]

AR will drive the evolution of automated cars

GUEST: In the next 7 years, true augmented reality will not become mainstream anywhere except the automotive industry — and here’s why. Despite the explosive growth, AR software and content is now mostly created for small-screen devices: smartphones and tablets. True AR presumes that virtual objects will be integrated with the real environment and visible […]

Metromile debuts Ava, an automated assistant that uses car sensor data to verify insurance claims

Pay-per-mile car insurance service Metromile is touting a new “first of its kind” automated claims system designed to speed up the process of verifying and paying out claims. Metromile’s new artificial intelligence (AI)-powered claims assistant, dubbed Ava, promises to reduce the manual processes traditionally required to collect a claimant’s details and issue payments. Founded in 2011, Metromile […]

Nissan to Make Automated Emergency Braking Standard on Most 2018 Models

– Most of Nissan‘s 2018 model year vehicles sold in the United States will have automated emergency braking as a standard feature, the automaker announced Thursday. It said about a million of the company’s cars and trucks will have the advanced safety technology, up from its current count of about 450,000 vehicles for 2017. Based on […]

Microsoft invests in Agolo, a startup that’s fighting information overload with automated summarizations

Agolo, a New York-based startup that’s setting out to help help companies fight information overload through AI-powered summarizations, has closed a $ 3.5 million seed round of funding co-led by Microsoft’s corporate investment fund, Microsoft Ventures, and CRV, with participation from Point72 Ventures and Franklin Templeton. Founded in 2012, Agolo in its original guise was all about […]