Tag Archives: request

Feds Tell Google: AI Brain Can Be ‘Driver’ In Self-Driving Car

Hold onto your seats — the whole self-driving car revolution just accelerated. Feds have told Alphabet ’s ( GOOGL ) Google Car chief that under federal law, a computer can count as the “driver” in vehicles that lack things like steering wheels and brakes built for humans to control. “We agree that Google’s Self-Driving System may be deemed to be the driver” for purposes of compliance with certain provisions of law, the feds’ letter to Google says, “given that there will be no foot (or even hand) control to be activated, indeed, given that the SDS will have neither feet nor hands to activate brakes.” The Feb. 4 Google Car letter from the National Highway Transportation Safety Administration  amounts to an abrupt shift in thought after years of carmakers’ developing autonomous cars by focusing on the human driver as final decision maker on the road (which actually means semi-autonomous cars). The letter makes a fork in the road, with both paths likely going forward. Will cars free of human drivers get a final go? Some issues still “must be resolved through rule-making or other regulatory means,” the letter notes. Besides Alphabet,  Apple ( AAPL ) is rumored to be working on self-driving cars in its Project Titan. Electric carmaker Tesla Motors ( TSLA ) has rolled out advanced semi-autonomous driving and inched into full autonomy. The Tesla Summon feature even lets cars maneuver largely alone to pick up owners in their driveway as owners keep an eye on what’s happening. BMW has a Remote Control Parking function on its 7 Series cars, too. Automakers  Toyota ( TM ), Volkswagen ( VLKAY ), Ford ( F ), Volvo, Daimler ( DDAIF ) and others have been testing self-driving cars. Tech firms working on aspects of the innovations include Nvidia ( NVDA ), NXP Semiconductors ( NXPI ), Mobileye ( MBLY ) and others, in partnership with carmakers. How Does A Google Car Work? Google’s approach has stood largely alone, sans humans. Addressed to Chris Urmson, director of the Self-Driving Car Project at Google, the NHTSA letter responds to the company’s November request for interpretation of federal motor vehicle safety standards. “According to Google, those self-driving vehicles (SDVs) are fully autonomous motor vehicles, i.e., vehicles whose operations are controlled exclusively by a Self-Driving System (SDS). The SDS is an artificial-intelligence (AI) driver, which is a computer designed into the motor vehicle itself that controls all aspects of driving by perceiving its environment and responding to it. Thus, Google believes that the vehicles have no need for a human driver,” the letter says. It goes on to say, “In this response, NHTSA addresses each of Google’s requests for interpretation and grants several of them.” A Reuters report Wednesday delved into the details of the NHTSA letter to Google . Safety Worries In Human-Computer Handoff So what happens with insurance when AI is driving? “The insurance aspects of this gradual transformation are at present unclear,” the Insurance Information Institute (III) said in a February 2015 topic paper on self-driving cars . It summed up the special case with Google at the time this way: “Google, the company that has been the public face of self-driving cars in the United States for the past few years, announced in May 2014 that it is building a fleet of vehicles without a steering wheel or role for a driver because its technology has not been able to successfully switch control back and forth from automated driving to the driver in an emergency and does not expect to be able to accomplish that soon. The prototype will have a top speed of 25 mph and will be summoned by a smartphone, in effect serving as an automated taxi service.” The III went on, “Other companies building autonomous cars said that they will continue to work on vehicles that will be able to safely make that switch.” But before mass production of such cars would be possible, it added, the size and cost of sensors powered by lasers used to steer the cars must come down. In the NHTSA response to Google this month, the agency says that Google has been concerned that giving human occupants controls to operate things like steering and braking “could be detrimental to safety” amid human attempts to override a self-driving system. Feds Budget Billions For Autonomous Car Tests Tuesday,  President Obama’s $4.1 trillion federal budget proposal for fiscal 2017 lays out $3.9 billion to test, over 10 years, how connected cars and self-driving cars can operate with infrastructure and each other. The budget, which would levy a $10.25-a-barrel tax on oil, “calls for a 21st Century Clean Transportation initiative ,” Obama said in his budget message, “that would help to put hundreds of thousands of Americans to work modernizing our infrastructure to ease congestion and make it easier for businesses to bring goods to market through new technologies such as autonomous vehicles and high-speed rail, funded through a fee paid by oil companies.” Autonomous car testing is planned, the Department of Transportation said last month, in “corridors throughout the country” in order to accelerate development and adoption of “safe vehicle automation through real-world pilot projects.”

Virtual Reality Wars Heat Up With Facebook Oculus PCs Coming

Facebook ( FB ) is closer to engaging in a virtual reality battle with the announcement that PCs optimized for its Oculus Rift headset are around the corner. Virtual reality gear was a star of the CES consumer electronics game show in Las Vegas last month, with at least three VR systems coming this year. The Oculus Rift will be joined by the Vive from China-based HTC, which also needs a souped-up PC, along with Sony ( SNE ) PlayStation VR goggles, which work with the PlayStation 4 game console. Oculus, which Facebook acquired for $2.1 billion in cash and stock almost a year ago, announced that orders for PCs optimized for the Oculus Rift headset begin Feb. 16. The initial batch of PCs will be in limited quantities and ship in April. Facebook has priced its Oculus Rift headset at $599. Oculus-ready PCs will cost roughly $1,100 to $1,600. Makers include Alienware, Asus and Dell. Also in the game is Alphabet ( GOOGL ), which is working on VR eyewear through its Google Glass platform. Alphabet already offers a virtual-reality experience through its Cardboard VR headset, designed mainly as a companion for YouTube videos. Apple ( AAPL ) is getting its VR game on through the acquisition of companies in the virtual reality space, the most recent being Flyby Media, an image recognition company used by Alphabet. Apple has not yet announced a VR device. Apple has also filed a patent for a head-mounted display apparatus. Microsoft ( MSFT ) also is pursuing virtual reality with its HoloLens headset. Microsoft HoloLens enables holographic computing that can be used for things like creating movie creatures to designing cars. In some cases, the new devices  will be pure virtual reality. The Facebook Rift, for example, immerses viewers into a new world. Others fit the category of augmented reality, where computer-generated images are superimposed on the real world, such as with Microsoft’s HoloLens or Google Glass. Consulting firm Deloitte says VR hardware sales will reach about $700 million this year, with another $300 million in software sales. Analysts estimate Facebook’s VR headsets revenue this year at roughly $350 million to $400 million. RELATED: Alibaba Invests Big In Magic Leap, A Move Beyond Virtual Reality

CTI-Baxalta Drug Withdrawn, Removing Potential Incyte Rival

The stock price of biotech CTI BioPharma ( CTIC ) fell to pennies Wednesday after the company said late Tuesday that it had withdrawn its FDA application for pacritinib, a blood-cancer drug that it was developing in partnership with Baxalta ( BXLT ). CTI and Baxalta had filed for approval of pacritinib for myelofibrosis on Jan. 5, but clinical trials of the drug were still underway. On Monday, CTI said that the FDA had placed a partial clinical hold after it had seen “excess mortality and other adverse events in pacritinib-treated patients compared to the control arm” in one of the trials, according to a press release. On Tuesday, CTI said the FDA had placed a full clinical hold on the trials, inducing the companies to withdraw the application and “decide next steps.” The application covered a fairly narrow range of patients — specifically those with intermediate and high-risk myelofibrosis with low platelet counts of less than 50,000 per microliter. However, it did present some potential competition to Incyte ‘s ( INCY ) Jakafi, both in its target and in its class, as both drugs are Janus kinase (JAK) inhibitors. “While we didn’t view CTI/Baxalta’s pacritinib as a significant threat to Incyte’s Jakafi franchise in myelofibrosis, we think the unfortunate and surprising setback of a potential competitor should remove a small overhang on Incyte shares,” wrote Leerink analyst Michael Schmidt in a research note. Incyte stock was up 3% in early afternoon trading on the stock market today , near 74. CTI BioPharma, already beaten down by Monday’s news, was off 40% to 30 cents. Baxalta was up about 2%, perhaps because its future acquirer, Shire ( SHPG ), received an unrelated upgrade from RBC Capital Markets. Analyst Douglas Miehm lifted his rating to outperform from sector perform, writing that the competitive threat to Baxalta’s hemophilia portfolio has been more than accounted for in Shire’s 42% drop in share price since last August. Shire stock also was up about 2%, near 154, early Wednesday afternoon. Image provided by Shutterstock .