Build automation

Chef Robotics Hires Somudro Gupta as Head of Software to Scale AI in the Physical World

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Monday, January 8, 2024

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However, its biggest impact will be in the physical world, given industries like manufacturing, food, and transportation represent 90% of global GDP.

Key Points:

However, its biggest impact will be in the physical world, given industries like manufacturing, food, and transportation represent 90% of global GDP.
Chef's goal is to accelerate the advent of intelligent machines in the physical world to empower humans to do what humans do best.
To help accelerate these deployments, today Chef is announcing the hiring of Somudro Gupta as Head of Software.
Chef has already proven itself with its early deployments, and now, given my background in AI, I'm looking forward to helping them scale the company to thousands of robots."

Survey: 3 in 4 Consumers Prefer Self-driving Capabilities in Their Own Vehicles Over Robotaxis

Retrieved on:

Thursday, January 4, 2024

The survey gathered insights from over 1,200 participants across diverse age groups, income levels and geographical regions.

Key Points:

The survey gathered insights from over 1,200 participants across diverse age groups, income levels and geographical regions.
“The findings from our Autonomous Vehicles: Consumer Trends and Attitudes Survey reveal that exposure to autonomous vehicles in the real world increases consumers’ inclination towards adopting it in their own cars.
If a monthly cost is involved, 67% are willing to pay at least $100 a month for autonomous driving capabilities.
To learn more about Ghost Autonomy’s Autonomous Vehicles: Consumer Trends and Attitudes Survey, download the full report .

Cognata Shift-Left Hardware-in-the-Loop Testing with Integration into Microsoft's SDV Cloud Infrastructure

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Wednesday, January 3, 2024

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REHOVOT, Israel, Jan. 3, 2024 /PRNewswire/ -- Cognata LTD proudly announces its official collaboration with Microsoft. It uses Cognata's cutting-edge, high-precision AI simulation for integration into its reference Software-Defined Vehicle (SDV) development toolchain. This Cognata and Microsoft collaboration aims to help OEMs shift left their automated driving validation and integration to bring to market new automated driving features faster.

Key Points:

It uses Cognata's cutting-edge, high-precision AI simulation for integration into its reference Software-Defined Vehicle (SDV) development toolchain.
This Cognata and Microsoft collaboration aims to help OEMs shift left their automated driving validation and integration to bring to market new automated driving features faster.
Microsoft Azure, recognized for empowering customers and partners in advancing development practices, now includes Cognata as a strategic simulation partner.
"The combination of Synopsys virtual ECU solutions, Cognata SimCloud, and Microsoft's SDV Cloud Infrastructure enables automotive companies to shift-left their AI-based training and validation."

Global Automotive Software Market Report 2023-2028: Analysis of ADAS, Autonomous Driving, Infotainment, Body Control & Comfort, Telematics - Increased Demand for Safety and Driving Assistance Features - ResearchAndMarkets.com

Retrieved on:

Friday, December 29, 2023

The global automotive software market is projected to grow from USD 19 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%

Key Points:

The global automotive software market is projected to grow from USD 19 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%
The study covers the automotive software market across various segments.
The demand for automotive software solutions is anticipated to increase owing to the increasing adoption of ADAS features in vehicle across several countries.
The usage of software has increased in various automotive applications such as telematics, infotainment & communications systems, powertrain, body control & comfort, and ADAS & safety.
All these factors are expected to boost the revenue growth for passenger cars segment in the automotive software market.

Global Automotive Software Markets 2023-2028 with Robert Bosch, NXP Semiconductors, NVIDIA, BlackBerry, and Continental Dominating

Retrieved on:

Friday, December 29, 2023

The global automotive software market is projected to grow from USD 19 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%

Key Points:

The global automotive software market is projected to grow from USD 19 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%
The study covers the automotive software market across various segments.
The demand for automotive software solutions is anticipated to increase owing to the increasing adoption of ADAS features in vehicle across several countries.
The usage of software has increased in various automotive applications such as telematics, infotainment & communications systems, powertrain, body control & comfort, and ADAS & safety.
The automotive software market comprises major manufacturers such as Robert Bosch GmbH (Germany), NXP Semiconductors (Netherlands), NVIDIA Corporation (US), BlackBerry Limited (Canada), and Continental AG (Germany), etc.

Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2024 Results

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Wednesday, December 13, 2023

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MONROE TOWNSHIP, N.J., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal second quarter ended October 31, 2023 (“Q224”), including year-over-year revenue, gross profit, and pipeline growth.

Key Points:

MONROE TOWNSHIP, N.J., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal second quarter ended October 31, 2023 (“Q224”), including year-over-year revenue, gross profit, and pipeline growth.
Revenues of $0.9 million for Q224 grew $0.6 million over revenues of $0.3 million for the fiscal quarter ended October 31, 2022 (“Q223”).
The gross margin rate was 53.3% and 22.9%, for the six months ended October 31, 2023, and 2022, respectively.
Due to demand, production is already underway to fulfill the order in alignment with the delivery schedule and will allow for revenue recognition this fiscal year.

A New Milestone! WeRide Obtained the Singapore M1 and T1 Autonomous Vehicles Licenses

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Monday, December 11, 2023

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It is reported that the conditions for obtaining the M1 License in Singapore are extremely stringent.

Key Points:

It is reported that the conditions for obtaining the M1 License in Singapore are extremely stringent.
Vehicles must accurately and flawlessly complete the mentioned tasks within test facilities that highly replicate the urban road traffic scenarios in Singapore.
From the arrival of WeRide's Robobus at the Centre of Excellence for Testing and Research of Autonomous Vehicles in Singapore (CETRAN) on August 28th to the successful acquisition of both M1 and T1 licenses, WeRide accomplished this feat in just three months.
This achievement sets a record for the speed at which an autonomous driving company obtained licenses in Singapore.

Alchip Unveils Industry’s First Automotive ASIC Design Platform

Retrieved on:

Wednesday, November 22, 2023

Kawasaki, Japan, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Alchip Technologies, Ltd. today rolled out the semiconductor industry’s first Automotive ASIC platform at the Design Solutions Forum 2023.

Key Points:

Kawasaki, Japan, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Alchip Technologies, Ltd. today rolled out the semiconductor industry’s first Automotive ASIC platform at the Design Solutions Forum 2023.
The Automotive platform streamlines the ASIC design needs of global automotive IC module and component manufacturers, as well as automotive companies themselves.
The platform consists of six modules: Design for Autonomous Driving (AD)/ Advanced Driver Assistance System (ADAS), Design for Safety, Design for Test, Design for Reliability, Automotive Chip Sign-off, and Automotive Chip Manufacturing (MFG) Service.
“This is a huge step forward for ADAS and autonomous driving ASIC components and the global automotive electronics industry, said Johnny Shen, CEO of Alchip.

Hyundai Mobis to Assist Marine Corps in Reducing Motion Sickness in Armored Vehicles

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Thursday, December 28, 2023

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Last year, Hyundai Mobis developed the 'Smart Cabin Controller,' analyzing a driver's posture, heart rate, and brainwaves to prevent drowsiness, stress, and motion sickness.

Key Points:

Last year, Hyundai Mobis developed the 'Smart Cabin Controller,' analyzing a driver's posture, heart rate, and brainwaves to prevent drowsiness, stress, and motion sickness.
Importantly, this marks the first application of Hyundai Mobis's motion sickness reduction technology in the broader mobility sector beyond conventional vehicles.
Hyundai Mobis confirmed that this technology can prevent motion sickness by up to 70% and reduce the symptoms by 40%.
Hyundai Mobis will provide the Marine Corps with an integrated motion sickness reduction solution tailored for harsh environments, combining hardware and software.

Hyundai Mobis to Assist Marine Corps in Reducing Motion Sickness in Armored Vehicles

Retrieved on:

Thursday, December 28, 2023

Last year, Hyundai Mobis developed the 'Smart Cabin Controller,' analyzing a driver's posture, heart rate, and brainwaves to prevent drowsiness, stress, and motion sickness.

Key Points:

Last year, Hyundai Mobis developed the 'Smart Cabin Controller,' analyzing a driver's posture, heart rate, and brainwaves to prevent drowsiness, stress, and motion sickness.
Importantly, this marks the first application of Hyundai Mobis's motion sickness reduction technology in the broader mobility sector beyond conventional vehicles.
Hyundai Mobis confirmed that this technology can prevent motion sickness by up to 70% and reduce the symptoms by 40%.
Hyundai Mobis will provide the Marine Corps with an integrated motion sickness reduction solution tailored for harsh environments, combining hardware and software.