Benzinga | Feb 17, 2021 08:01AM EST

Daimler Subsidiary Torc Zeroes On Amazon Cloud For Self-Driving Trucks

* Daimler AG (OTC: DDAIF) (OTC: DMLRY) Truck subsidiary Torc Robotics has designated Amazon.com, Inc's (NASDAQ: AMZN) Amazon Web Services (AWS) as its cloud provider for data transfer, storage, and compute capacity for the deployment of its fleet of self-driving test trucks in New Mexico and Virginia.

* Torc is responsible for the commercializing of Level 4 autonomous systems for trucking customers.

* AWS's quick, secure data transfer, smart tiered storage, organized orchestration and analytics tools, and high-performance multi-core CPU and GPU compute will assist Torc in the quick scale-up of the agile and cost-efficient development platform and fast-track its testing and commercialization of the technology.

* Torc's test fleet in New Mexico has generated petabytes of data (1 petabyte is 1 million gigabytes) from tests on public roads.

* Torc's end-to-end software stack gathers and processes raw data from multiple sensors, including lidar, radar, and cameras.

* The next generation of test trucks has integrated more sensors at higher resolutions for object detection at longer ranges apart from expanding the routes and fleet size.

* Price action: DDAIF shares closed marginally up 0.32% at $78.44 on Tuesday.