Mobileye acquires humanoid robot startup Mentee Robotics for $900 million | TechCrunch

Mobileye has made its name and money by supplying automakers with millions of computer vision chips designed to support in-car safety features and advanced driver assistance systems. Intel’s subsidiary and publicly traded company later expanded to tackle autonomous driving through its chips and software. Now co-founder and president Amnon Shashua is taking the company into […]

Japan’s Tsugami opens assembly plant and foundry in Chennai

K Balasubramanian, Founder of Tsugami Precision India, and Chairman and MD of Proteck at Tsugam’s new factory in Oragadam. US$700 million Japanese machinery manufacturer Tsugami on Thursday inaugurated its precision engineering assembly and foundry plant in the Oragadam automotive cluster near Chennai. Tsugami has invested ₹300 crore in the facility to produce specialized, high-precision CNC […]