October 20, 2017- bloomberg.com
Canada, a Leader in AI, Is Now Taking Aim at Driverless Cars
Having built an impressive lead in artificial intelligence, Canada is keen to do the same in driverless cars―specifically the LiDAR (laser radar) technology that lets these vehicles see where they’re going.
The nation’s main contender is LeddarTech Inc. The Quebec City-based company makes solid-state technology it says is better and cheaper than earlier versions of LiDAR and sells it to parts makers, which in turn bake it into their hardware. LeddarTech has attracted big-name industry backers including Delphi Automotive, Germany’s Osram Licht and Fiat Chrysler’s parts division, which last month participated in a $101 million fundraising round.