Get 40% Off
🤑 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Softbank, Honda - Sit back, relax, let the car do the talking

Published 21/07/2016, 08:31
© Reuters. SoftBank Group Corp Chairman and CEO Masayoshi Son speaks at SoftBank World 2016 conference in Tokyo
ARM
-
HMC
-
9984
-

TOKYO (Reuters) - On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp (T:9984) founder Masayoshi Son is embarking on another "crazy idea": talking cars that can read a driver's emotions.

The Japanese telecommunications and internet corporation said on Thursday it was teaming up with Honda Motor Co (T:7267) to look at ways of applying SoftBank's humanoid robotic technology to cars so they can communicate with drivers, perhaps helping them park or offering company on long trips.

The announcement comes after SoftBank on Monday agreed to buy British chip designer ARM Holdings (L:ARM), which Son believes will play a central role in the tech industry's shift to the 'internet of things' (IoT).

Speaking at an event in Tokyo, Softbank and Honda described a future in which Honda cars could speak and interact with their drivers via cloud-based technology based on SoftBank's "Pepper" robot, a life-sized robot that can read human emotions.

"Imagine if robots, with their super intelligence, devoted themselves to humans," Son said.

"And imagine that cars themselves became supercomputers or robots one day. Honda will be the first to adopt this technology."

The two companies would research ways to assess a driver's speech, along with other data compiled by vehicle sensors and cameras, to gauge the driver's emotions and allow the vehicle to engage in conversation.

As a result, vehicles would be able to offer advice and support to drivers, such as during challenging driving or parking situations, while also providing company to drivers on long, solitary trips.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

SoftBank has been making an aggressive push into AI, robotics and the "internet of things (IoT)," a network of devices, vehicles and building sensors that collect, exchange and feed data into AI and robots.

Son has repeatedly said that IoT would bring "the biggest paradigm shift ever" in the tech industry.

The tie-up with Honda comes as automakers compete to develop self-driving cars, which many plan to bring to market in the coming years.

Japan's No. 3 automaker by vehicle sales has been expanding research into artificial intelligence technology, announcing last month that it would establish a research facility in Tokyo in September.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.