Facebook seems to have a strategy of leveraging its capabilities in social marketing, AR & VR and interestingly, who would have thought of it, leveraging its advanced AI and deep learning capabilities to support the development of autonomous vehicles. Potential car buyers spend anywhere between 30 to 50 minutes every day on Facebook and that has helped the social business make significant inroads in digital prospecting and omni-channel commerce. Facebook believes that car companies are focusing more on the connected car, rather than the connected consumer. With every new customer car buying journey now beginning online, it is possible through Facebook's huge data on a customer's social behavior, to make that experience personalized and completely customized.
Last year, Intel Corp. acquired neural-network hardware maker Nervana and built Nervana's chip, integrating it with Intel's own on-processor deep-learning and artificial-intelligence (AI) capabilities. This month, Intel Capital invested in AI startups CognitiveScale, Aeye Inc., and Element AI. Intel is investing in AI startups, acquiring others, and blending the mix with its own AI expertise to ensure a leadership position in machine learning, deep learning, and brainlike neural networks based on its AI hardware and software. Element AI's new world Perhaps the most enigmatic of the AI startups in which Intel Capital has invested is Element AI, which claims to be conjuring an "AI-First World" that "elevates collective wisdom."
Reed says IOx with FogDirector is a rapidly evolving platform, already capable of doing orchestration of all edge devices and acting as the DevOps layer for edge processing gateways. Most are just setting up their infra at present and working to get data collection flowing alongside complex event processing that can track which data to store, which to act on immediately, and which to discard. Tarik Hammadou, CEO and co-founder at VIMOC Technologies has built both hardware (VIMOC's neuBox that has both sensors and a compute layer included), and a hardware-agnostic software platform that operates at the cloud level where applications can be built and connected via API to sensors and gateways. VIMOC's sensors and platform have been taken up by parking garages to optimize parking spaces and already Hammadou has introduced deep learning algorithms on the gateway to better understand the sensor readings being collected.
In fact, unit shipments of artificial intelligence (AI) systems used in infotainment and ADAS systems are expected to rise from just 7 million in 2015 to 122 million by 2025, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. Specifically in ADAS, deep learning -- which mimics human neural networks -- presents several advantages over traditional algorithms; it is also a key milestone on the road to fully autonomous vehicles. In the infotainment human machine interfaces currently installed, most of the speech recognition technologies already rely on algorithms based on neural networks running in the cloud. IHS (NYSE: IHS) is the leading source of insight, analytics and expertise in critical areas that shape today's business landscape.
NVIDIA (NASDAQ:NVDA) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google are two leaders in the car tech space -- and they're just getting started. Advanced hardware NVIDIA released two huge steps forward in automotive technology recently: its Drive PX 2 system and the DGX-1 supercomputer. Drive PX 2 is the next iteration of NVIDIA's Drive PX system, which already helps power some of world's most advanced autonomous cars. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Nvidia, and Tesla Motors.
Advanced hardware NVIDIA released two huge steps forward in automotive technology recently: its Drive PX 2 system and the DGX-1 supercomputer. Drive PX 2 is the next iteration of NVIDIA's Drive PX system, which already helps power some of world's most advanced autonomous cars. To do that, Google's used deep learning to make its driverless cars drive in ways that we understand. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Nvidia, and Tesla Motors.