- Uber has revealed details of VerCD, the technology that powers its self-driving cars
- The VerCD enables Uber's technological tools to test, validate and deploy AI models to cars.
- Uber has added that the majority of the technology used in powering the cars are unique to the company
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For the first time, ride sharing service, Uber, has revealed the inner workings of its driverless cars.
The company has opened up on the technologies it adopts to help its engineers test, validate and deploy Artificial Intelligence (AI) models to cars.
The latest development has thrown light on the complexities of the development of self-driving cars.
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Uber’s AI technology, known as VerCD, is packaged as a set of tools and microservices that have been specifically developed for prototyping self-driving vehicles.
Venturebeat.com reports that VerCD tracks the dependencies among the various codebases, data sets, and AI models under development, ensuring that workflows start with a data set extraction stage followed by data validation, model training, model evaluation, and model serving stages.
According to Uber, the bulk of VerCD’s engineering effort was designed around integrations unique to the company.
The plan is to enable current systems complement the full end-to-end machine learning workflow.
In other news, fears over the spread of the coronavirus have led to a surge in the refinancing of mortgages, Briefly.co.za has learned.
Mortgages refinances increased by 26% as people tried to take advantage of the falling interest rates. The interest rates have suffered a downturn as a result of the spread of the coronavirus.
The rate on a 30-year fixed-rate mortgage has fallen to the lowest point in over seven years as the coronavirus sparks uncertainty and anxiety.
A further reduction in Treasury rates has led market analysts to conclude that there is a possibility of an increase in refinance activities.
The Mortgage Bankers Association (MBA), per a Business Insider report, the 26% increase in refinance applications was pegged at 224% higher a year ago.
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