Argo AI

Generative AI Market Set for Meteoric Rise, Expected to Reach $266 Billion by 2032

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월요일, 5월 6, 2024

VANCOUVER, BC, May 6, 2024 /PRNewswire/ -- USA News Group – Despite a lack of consensus among thousands of experts on the development of artificial intelligence (AI) as it permeates the global economy, one thing is certain, AI is here to stay. According to analysts at Fintech Futures, the Generative AI Market expected to reach a revenue of US$266 billion by 2032, growing at an explosive CAGR of 37.8%. Behind the scenes of this AI-revolution, several tech companies are jockeying for position and adding new propositions for their clients, including developments from Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Cisco Systems, Inc. (NASDAQ: CSCO), Mobileye Global Inc. (NASDAQ: MBLY), Samsara Inc. (NYSE: IOT), and Veritone, Inc. (NASDAQ: VERI).

Key Points: 
  • According to analysts at Fintech Futures, the Generative AI Market expected to reach a revenue of US$266 billion by 2032 , growing at an explosive CAGR of 37.8%.
  • The platform's intuitive web interface allows businesses of any size to easily start and create tailored solutions.
  • Quest Waste Management recently selected Samsara Inc. (NYSE: IOT) to provide its industry-leading AI dash cams to improve fleet safety.
  • The suite utilizes the aiWARE enterprise AI platform to deliver comprehensive capabilities in media monitoring, content discovery, ad verification, and analytics.

Generative AI Market Set for Meteoric Rise, Expected to Reach $266 Billion by 2032

Retrieved on: 
월요일, 5월 6, 2024

VANCOUVER, BC, May 6, 2024 /PRNewswire/ -- USA News Group – Despite a lack of consensus among thousands of experts on the development of artificial intelligence (AI) as it permeates the global economy, one thing is certain, AI is here to stay. According to analysts at Fintech Futures, the Generative AI Market expected to reach a revenue of US$266 billion by 2032, growing at an explosive CAGR of 37.8%. Behind the scenes of this AI-revolution, several tech companies are jockeying for position and adding new propositions for their clients, including developments from Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Cisco Systems, Inc. (NASDAQ: CSCO), Mobileye Global Inc. (NASDAQ: MBLY), Samsara Inc. (NYSE: IOT), and Veritone, Inc. (NASDAQ: VERI).

Key Points: 
  • According to analysts at Fintech Futures, the Generative AI Market expected to reach a revenue of US$266 billion by 2032 , growing at an explosive CAGR of 37.8%.
  • The platform's intuitive web interface allows businesses of any size to easily start and create tailored solutions.
  • Quest Waste Management recently selected Samsara Inc. (NYSE: IOT) to provide its industry-leading AI dash cams to improve fleet safety.
  • The suite utilizes the aiWARE enterprise AI platform to deliver comprehensive capabilities in media monitoring, content discovery, ad verification, and analytics.

Overland AI Awarded $18.6 Million-ceiling Prototype OT to Develop Autonomous Navigation for U.S. Army’s Robotic Combat Vehicles

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수요일, 4월 3, 2024

The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).

Key Points: 
  • The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).
  • Experts from the U.S. Army and DIU selected Overland AI, along with Anduril Industries and Palantir Technologies, to begin prototyping for the Robotic Combat Vehicle’s Software Pathways line of effort.
  • While the other contractors will focus on developing systems integration software, Overland AI will adapt its proven OverDrive solution to prototype autonomous vehicles capable of traversing complex terrain in contested areas without GPS support.
  • Overland AI delivers state-of-the-art robotics and autonomous vehicle solutions for any terrain and any conditions.

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

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화요일, 4월 9, 2024

On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.

Key Points: 
  • On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.
  • Thus, it is praised as having the highest performance among sensing components for vehicles.
  • To achieve this performance, LG Innotek applied shortwave infrared rays instead of near-infrared rays used in conventional LiDARs.
  • Last year, LG Innotek acquired 77 US patents related to LiDAR from 'Argo AI,' an autonomous driving startup company specializing in LiDAR.

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

Retrieved on: 
화요일, 4월 9, 2024

On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.

Key Points: 
  • On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.
  • Thus, it is praised as having the highest performance among sensing components for vehicles.
  • LG Innotek developed a 'high-performance LiDAR' using its independent technology to overcome such limitations.
  • To achieve this performance, LG Innotek applied shortwave infrared rays instead of near-infrared rays used in conventional LiDARs.

Global Autonomous Vehicles Market Research Report 2023-2030 Featuring Alphabet, Amazon, Apple, Aptiv, Baidu, BMW, Mercedes-Benz, DidiChuxing Technology, Ford and, General Motors

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수요일, 2월 21, 2024

Autonomous vehicles are a breakthrough technology in the automotive industry after the introduction of electric vehicles and hybrid vehicles.

Key Points: 
  • Autonomous vehicles are a breakthrough technology in the automotive industry after the introduction of electric vehicles and hybrid vehicles.
  • Government initiatives to support electric and hybrid cars are expected to propel the market for autonomous vehicles in the coming years.
  • In the expansive landscape of the global autonomous vehicle industry, passenger vehicles assert their dominance by claiming the largest market share.
  • Consequently, China has not only emerged as the most significant global market for electric vehicles but also as the leading producer.

HD Map for the Autonomous Vehicles Market to grow by USD 5.38 billion from 2022 to 2027, The rising adoption of cloud-based HD maps to Boost Growth - Technavio

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화요일, 1월 23, 2024

Cloud platforms facilitate digital services like telematics in modern vehicles, enabling rapid development and management of new services for connected vehicles.

Key Points: 
  • Cloud platforms facilitate digital services like telematics in modern vehicles, enabling rapid development and management of new services for connected vehicles.
  • Company Landscape - The global HD map for autonomous vehicles is fragmented, with the presence of several global as well as regional companies.
  • The Global Autonomous Vehicles Market is projected to reach a value of USD 397.56 billion in 2027 with a CAGR of 38.45% between 2022 and 2027.
  • The Autonomous Vehicle Development Platform Market Size is estimated to grow at a CAGR of 30.94% between 2022 and 2027.

Summer Craze Fowler Joins Torc Robotics as the Chief Information Security Officer

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화요일, 12월 5, 2023

BLACKSBURG, VA., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Summer Craze Fowler as the company’s Chief Information Security Officer (CISO).

Key Points: 
  • BLACKSBURG, VA., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Summer Craze Fowler as the company’s Chief Information Security Officer (CISO).
  • Fowler brings more than two decades of experience developing and executing successful technical strategies that align with business goals and objectives.
  • In her role, she will collaborate with Torc leadership to develop a strategic security and risk management program, implement security policies and procedures, manage security technologies and oversee security-awareness training.
  • “Her wealth of experience in driving security operations and leading technical strategy aligns perfectly with Torc Robotics, and we are excited for Summer to join the Torc team.”
    For more information on Torc, please visit: www.torc.ai

Artificial Intelligence (AI) Market Size to Grow by USD 125.3 billion from 2022 to 2027 | The prevention of fraud and Malicious attacks to drive the market growth - Technavio

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화요일, 11월 28, 2023

The AI sector experiences notable growth due to its role in preventing fraud and malicious attacks.

Key Points: 
  • The AI sector experiences notable growth due to its role in preventing fraud and malicious attacks.
  • By geography, the global artificial intelligence (AI) market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global artificial intelligence (AI) market.
  • Artificial Intelligence (AI) Chips Market : The artificial intelligence (AI) chips market size is estimated to grow at a CAGR of 61.51% between 2022 and 2027.

LG Innotek Stuns the World with Groundbreaking EV Charging Technologies

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목요일, 10월 19, 2023

LG Innotek (CEO, Jeong Cheol-dong) announced on 19th that it received three international standard essential patents on EV charging.

Key Points: 
  • LG Innotek (CEO, Jeong Cheol-dong) announced on 19th that it received three international standard essential patents on EV charging.
  • Via LA has so far only registered eight companies worldwide, including GE, Bosch, Siemens, and LG Innotek, as licensors in the EV charging sector.
  • The International standard essential patents LG Innotek was recognized for are charging control technologies (two patents) based on battery status data and a charging reservation technology (one patent).
  • LG Innotek is taking out patents for not just essential EV technologies but also autonomous driving technologies.