• Contact Us
  • About Us
Tuesday, August 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Companies and Markets

BMW, Tencent to open computing center in China for self-driving cars

metro by metro
July 19, 2019
in Companies and Markets, Economy
0
0
SHARES
0
VIEWS

BMWGerman automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center in China that will help develop self-driving cars in the world’s biggest auto market, the companies said on Friday.

The computing center, which will start operations by the end of the year, will provide cars with data-crunching capabilities to help them drive semi-autonomously and, eventually, autonomously.

Read Also

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

ECOWAS Targets $294bn Climate Finance Gap, Moves To Unlock West Africa’s Carbon Market

The two companies did not disclose the investment in the center. Sources familiar with the deal said the center will be built in the eastern city of Tianjin.

The establishment of the center “will support BMW’s autonomous driving development and innovation in China,” Jochen Goller, head of BMW’s China operations, said in a statement.

“BMW can, therefore, develop autonomous driving solutions that fit better with the specific driving conditions in China.”

BMW said the new computing center will leverage Tencent’s cloud computing and big data, and provide the automaker with infrastructure needed to develop the autonomous cars.

The Munich-headquartered automaker says it will likely introduce semi-autonomous, or L3 classification, cars in China in 2021 which would need massive computing power to analyze real-time flow of digital information on road and traffic conditions.

Driverless cars need sophisticated data-crunching capabilities as they rely on so-called artificial-intelligence, or neuro-network technology, to help them “learn” from experience and could eventually drive themselves without human intervention.

BMW’s planned Chinese computing center follows the opening earlier this year of a similar computing center in Munich.

Tags: BMWTencent
Previous Post

Japan implements 170 projects with $12m in Nigeria

Next Post

CBN tries to force banks to lend, not buy bills

Related Posts

More Nigerians Go Hungry As Food Prices Soar beyond Average Consumers
Economy

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

August 17, 2026
ICPC Arrests NSCDC Deputy Commaandant Over Alleged N3bn Fraud
Economy

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

August 13, 2026
Leadership Deficit And Political Crises Rocking ECOWAS Region
Economy

ECOWAS Targets $294bn Climate Finance Gap, Moves To Unlock West Africa’s Carbon Market

August 12, 2026
Nvidia, Wall Street Giants Launch $500bn Push To Finance Ai Infrastructure
Companies and Markets

Nvidia, Wall Street Giants Launch $500bn Push To Finance Ai Infrastructure

August 11, 2026
Next Post
CBN

CBN tries to force banks to lend, not buy bills

Redefining Work For The AI Era

August 24, 2026

Rwanda Highlights Potential for Migration to Drive Jobs, Skills and Regional Growth: IOM Chief

August 21, 2026
UK Finance Minister Says Govt To Cut Cost By 15%

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version