ARTIFICIAL INTELLIGENCE IN AUTOMOTIVE MARKET ANALYSIS

Market News

Key Developments:

• In July 2019, Intel Corporation launched its deep-learning chip system “Pohoiki Beach” which is capable of crunching complex AI algorithms 10,000 times more efficiently up to 1,000 times faster than regular CPUs. This system is made up of 64 Loihi 'neuromorphic' deep-learning chips which can be used in autonomous vehicles.
• In January 2019, Qualcomm Technologies, Inc. has launched its 3rd Generation Qualcomm Snapdragon Automotive Cockpit Platforms. These platforms are based on artificial intelligence (AI) which will enhance in-vehicle experience by supporting the higher levels of computing required for semi-autonomous and autonomous vehicles.
• In September 2019, Israeli high-tech firm Cortica enters into partnership with Toyota and BMW. The companies will share their expertise in the field of artificial intelligence (AI) for autonomous driving.
• In January 2019, Microsoft Corporation enters into partnership with LG Electronics. Microsoft will provide its Azure Cloud and artificial intelligence technologies to enhance LG’s Advanced Driver Assistance Systems (ADAS), Driver-Status Monitoring Camera (DSM) and Multi-Purpose Front Camera products.
• In September 2019, Volkswagen and Ford announced the expansion of their alliance in the field of artificial intelligence and autonomous vehicle. The companies will be investing in Argo AI the autonomous vehicle technology platform company. Volkswagen and Ford are planning to commercially deploy in the U.S. and Europe.