By John Glenday

Samsung is seeking to diversify into the nascent autonomous driving industry through establishment of a $300m fund to invest in start-up businesses specializing in self-driving cars.

The Samsung Automotive Innovation Fund will be geared toward furthering the development of related technologies such as sensors, machine vision and safety features required to make the autonomous vehicle dream become a reality.

Outlining its objectives Samsung said its goal was to foster technologies that “make cars safer while creating a more comfortable and convenient mobility experience,” but is at pains to stress that it has no intention of building a self-driving Read full story ›

Source: The Drum