Toyota, Uber’s $500m deal to strengthen future mobility
Facts have emerged that Toyota and Uber’s new $500 million deal strengthen the future of mobility globally. The car maker and the ride-hailing app’s tie-up will make self-driving technology safer, more reliable, and enable the prediction of demand ahead of time.
This is because the combination of Toyota’s purpose-built vehicles combined with Uber’s vast customer base and continuous data is set to make self-driving technology safer, more reliable, and enable the prediction of demand ahead of time.
Auto analysts believe the deal which has seen Toyota commit $500m (£385m) investment in Uber’s self-driving car programme a great endorsement in the future of mobility and sets an exciting precedent.
Self-driving vehicles are a data-first problem. The more data you have, the more accurate the decisioning models can be, but also the more complex this data becomes to handle and process.
The data used for autonomous vehicles is often petabyte (or more), so unless data processing technology exists to accommodate this extreme-data at sub-second response time, companies will be unable to effectively bring self-driving cars or fleets to market.