Isuzu Motors Invests in Israeli AI Startup Foretellix to Enhance Autonomous Truck Safety Amid Driver Shortage
The logo of Isuzu Motors Ltd.
14:25 JST, December 9, 2023
Isuzu Motors Ltd. has invested in Israeli startup Foretellix, which verifies the safety of autonomous driving through using artificial intelligence, to accelerate the development of unmanned driving technology due to a growing shortage of drivers in the trucking industry.
Foretellix uses AI to simulate dangerous scenarios, such as people suddenly appearing, that are difficult to test in real life. By improving the efficiency and accuracy of these simulations, it can increase the safety of autonomous driving. The company has also received investments from Woven Capital, a venture fund affiliated with Toyota Motor Corp., and the American semiconductor giant Nvidia Corp.
Isuzu is conducting demonstration experiments on autonomous driving for Level 4 trucking, where the system operates under specific conditions such as on highways. The company has determined that collaboration with companies that have AI technology is essential to ensure high safety standards. The amount Isuzu invested is estimated to be in the hundreds of millions of yen.
In the trucking industry, there are high expectations for autonomous driving trucks. Isuzu plans to invest a total of ¥1 trillion in advanced technologies such as autonomous driving and electrification by the fiscal year 2030.
Top Articles in Business
-
Japan, U.S. Name 3 Inaugural Investment Projects; Reached Agreement After Considerable Difficulty
-
Japan’s Major Real Estate Firms Expanding Overseas Businesses to Secure Future Growth, Focusing on Europe, U.S., Asia
-
Transport Companies See Opportunity in Narita Expansion; Airlines, Railways Prepare to Meet Expected Growth in Demand
-
Sony’s Entertainment Focus Becomes Even Clearer; Shift Away from Consumer Products Marks Move Toward Entertainment
-
Amid Strait of Hormuz Blockade, Shipping Companies Scramble to Get Japan-Linked Vessels out of Persian Gulf
JN ACCESS RANKING
-
Producer Behind Pop Group XG Arrested for Cocaine Possession
-
Japan PM Takaichi’s Cabinet Resigns en Masse
-
Man Infected with Measles Reportedly Dined at Restaurant in Tokyo Station
-
Videos Plagiarized, Reposted with False Subtitles Claiming ‘Ryukyu Belongs to China’; Anti-China False Information Also Posted in Japan
-
iPS Treatments Pass Key Milestone, but Broader Applications Far from Guaranteed

