AI startup NoTraffic raises $50M to tackle congestion, road safety
into the 21st century. Most traffic intersections run on timers, but the technology exists today for a more sophisticated solution. NoTraffic's combined hardware-software solution turns intersections into smart intersections that can manage traffic flows based on data collected in real time.
The startup's latest fundraise will help NoTraffic expand its offering to cities beyond traffic intersection management and into a more holistic solution that improves both road safety and traffic flow across cities.management beyond its legacy infrastructure boundaries," said Tal Kreisler, co-founder and CEO of.
NoTraffic's solution involves installing smart sensors with V2X chips onto existing infrastructure at intersections, conflict points or complex roadways. The data from both the sensors and from connected andon the road fuse to form a complete traffic picture that captures the movement of cars, bikes, buses, pedestrians and other road users.
Using edge computing, the system can determine things like which path each car will take and how that will impact the next intersection, and then make decisions about how to stimulate traffic flow. That information is then sent to the cloud to synchronize each intersection so that the grid as a whole can react to real-time road conditions.
NoTraffic's tech can also help prevent road accidents, the company says. The same sensors that help manage intersection traffic can also detect when a car might run a red light, or a pedestrian might step onto the street. It can then alert an approaching connected car with limited visibility to slow down and avoid collision.when the startup had a handful of U.S. cities under its belt.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Buy a $50 Amazon gift card and get free money to spend on Prime DayHere is how to get Amazon's special gift card deal ahead of Prime Day from July 11-12
Read more »
Netflix reportedly set to buy Jerry Jones docuseries for $50 millionIt was only a matter of time until an NFL spinoff of 'The Last Dance' emerged.
Read more »
Netflix closing in on $50 million Jerry Jones docuseriesThe Cowboys won the Super Bowl three times in four years in the 1990s.
Read more »
Michelin testing airless tires in real-world conditions on French mail vans - AutoblogFrench postal service La Poste will fit Michelin's experimental airless Uptis tire to 40 delivery vans to test the technology in real-world conditions.
Read more »
Biden administration will invest $2 billion aimed at US EV manufacturing - AutoblogThe White House said it intends to invest $2 billion from the IRA to accelerate domestic manufacturing of electric vehicles and help struggling plants.
Read more »
Ford teams with veterans' group Team Rubicon to provide natural disaster relief - AutoblogFord is donating vehicles and grant money to veteran-led disaster response outfit Team Rubicon to aid in disaster relief efforts.
Read more »