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Mapping startup partners with Microsoft, Intel, and SoftBank

Published 05/30/2018, 12:54 PM
© Reuters.  Mapping startup partners with Microsoft, Intel, and SoftBank
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  • Mapping startup Mapbox is teaming with Microsoft (MSFT +0.7%), Intel (INTC +0.7%), and SoftBank’s (OTCPK:SFTBF, OTCPK:SFTBY) ARM unit to provide maps for autonomous vehicles.
  • Mapbox provides the underlying maps in other apps like Snapchat and Instacart rather than the app itself.
  • Mapbox has software that lets a smartphone or car computer see the road from a moving car to pick out information like lanes and road signs. Mapbox plans to integrate that software with a Microsoft offering.
  • The company is also working with ARM to optimize its self-driving vision software and with Intel’s Mobileye (OTC:MBBYF) self-driving unit.
  • Mapbox has raised about $228M from backers that include SoftBank’s Vision Fund.
  • Now read: Intel: Curb Your Enthusiasm


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