• Contact Us
  • About Us
Wednesday, August 5, 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

Oyedele Justifies Nigeria’s Reforms Amid Worsening Living Conditions, Says Subsidy Savings Absorbed By Debt Costs, Higher Spending

Transcorp Power’s H1 Pre-tax Profit dips 6.37% to N54.99bn Amid High Expectations

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

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

Ahead Of Agreed Minimum Wage, President Tinubu To Send Bill To NASS, Takeaways From Anniversary Broadcast
Economy

Oyedele Justifies Nigeria’s Reforms Amid Worsening Living Conditions, Says Subsidy Savings Absorbed By Debt Costs, Higher Spending

July 30, 2026
Transcorp Power’s H1 Pre-tax Profit dips 6.37% to N54.99bn Amid High Expectations
Companies and Markets

Transcorp Power’s H1 Pre-tax Profit dips 6.37% to N54.99bn Amid High Expectations

July 19, 2026
CBN
Economy

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

July 19, 2026
Apple Overtakes Nvidia As World’s Most Valuable Company As AI Investor Focus Shifts
Companies and Markets

Apple Overtakes Nvidia As World’s Most Valuable Company As AI Investor Focus Shifts

July 17, 2026
Next Post
CBN

CBN tries to force banks to lend, not buy bills

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

August 3, 2026
Anger As Fuel Consumption Drops From 64.9m To N52m Daily After Subsidy Removal

NNPC Issues Another Tender To Sell Cawthorne Crude

August 3, 2026
Oil Prices Up After OPEC+ Maintains output Cuts, But Shaky Demand Caps Gains

Petrol Prices May Fall  In Nigeria As Trump Eases Iran Tensions

August 3, 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