One of China's main urban rail transit signaling system providers, FITSCO, and Cognitive Pilot, an autonomous driving technology joint venture of Russia's Sberbank and Cognitive Technologies Group, are excited to announce a Strategic Alliance in the field of high-tech solutions for Smart Cities, Intelligent Transportation and Autonomous Driving.

Russia’s largest lender, Sberbank, has added driverless cars to its list of technology ventures, by teaming up with AI transport developer Cognitive Technologies, the two companies said on Thursday.