Korean AV platform provider SpringCloud is partnering with Deepen AI to progress the development of autonomous vehicle sensor technology in the country
Silicon Valley-based Deepen AI has teamed with South Korean autonomous vehicle (AV) platform SpringCloud to streamline development of sensor recognition technology in AVs and advanced driver assistance systems (ADAS) in Korea.
A provider of AI tools and services for autonomous systems, Deepen AI, claims its product solution utilises advanced deep learning and computer vision AI algorithms to accurately and efficiently annotate camera, LiDAR, and radar data.
Universities, laboratories and companies developing ADAS and AV technologies collect massive amounts of data from different on-board sensors such as cameras, radar and LiDAR. The partners point out that for this data to be useful for training AI and machine learning (ML) algorithms for autonomous driving, companies need extremely accurate annotation of the data sets.
In a report from Frost & Sullivan, the analyst forecast that by 2025, autonomous vehicles will have between 28- and 32 on-board radar and camera modules per vehicle. To keep up with the vast amount of data these sensors generate, the firm reckons, AI will play a huge role in development, testing and validation, with AI in vehicles “expected to grow exponentially, eventually leading to real-world AD autonomous driving”.
“We are tackling the core bottlenecks that prevent a swifter, safer transition to autonomous driving,” said Mohammad Musa, founder and CEO, Deepen AI. “Our partnership with SpringCloud will help us better serve those in Korea who are innovating the AV revolution.”
“We are tackling the core bottlenecks that prevent a swifter, safer transition to autonomous driving,”
“By partnering with Deepen AI we aim to help streamline their development, testing and validation processes, allowing them to more swiftly enter the global autonomous driving market, which is tipped to grow to $173.15bn by 2030,” added Young Gi Song, CEO, SpringCloud.
Deepen AI is an AI tools and infrastructure provider for autonomous systems. Founded in Silicon Valley in 2017, a group of three ex-Google engineers and product managers set out to eliminate the bottlenecks in autonomous systems development to help enhance productivity and reliability in autonomous driving.
SpringCloud is an artificial intelligence (AI) based autonomous driving solution with more than 10 years of experience in the industry.
According to KPMG, South Korea ranks 10th in the world on its Autonomous Vehicle Readiness Index.
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