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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen6/23/2017 2:31:18 PM
   of 1084
 
BMW and Volkswagen Try to Beat Apple and Google at Their Own Game



FRANKFURT — Volkswagen is delving into quantum computing. BMW is building a giant new data center. And Bosch this week announced plans to construct a factory to build chips for self-driving cars.

The moves are part of an expanding effort by European carmakers and suppliers to build the computing capacity — so-called big data — they will need as vehicles digitize and become driverless.

Cars will need to constantly communicate, absorbing and analyzing information from thousands of vehicles at once, to make decisions to smooth traffic flow, save fuel and avoid hazards.

That presents a huge new challenge for companies traditionally focused on manufacturing.

nytimes.com

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