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article imageHyundai to develop deep learning cameras for autonomous cars

By Tim Sandle     Sep 7, 2018 in Business
Car parts maker Hyundai Mobis has announced it will develop deep learning cameras with the artificial intelligence startup company StradVision.
Major car manufacturers are continuing to invest in new technologies for future vehicles, especially those being considered in relation to autonomous cars and trucks. Autonomous vehicles require sophisticated inbuilt software, sensors and communication systems. The future driving capability of the autonomous vehicles will differ based on degrees of automation levels and the sophistication of the components.
Infoholic Research estimates that the global autonomous vehicles market revenue is expected to grow at a compound annual growth rate of 39.6 percent over the next ten years, reaching $126.8 billion by 2027. Key to this level of growth will be investment in artificial intelligence.
In emphasising these trends, Hyundai Mobis has invested eight billion Korean Won (close to $6 million) in a Californian startup called StradVision. The startup has designed a deep learning-based camera image detection technology.
The deal means that Hyundai Mobis will work with StradVision to further develop an advanced camera detection technology to assist with safe self-driving systems for autonomous cars, according to EE News. Hyundai Mobis is the South Korean car parts company of arm of the South Korean automakers Hyundai Motor Company.
StradVision, founded in 2014, has designed a software platform that relies on a form of deep learning to recognize pedestrians. The software is sophisticated enough to recognize texts and images on road signs, and to interpret these. The software connects to a field of front detection camera.
The camera can identify distant objects and overlapped images. Through the artificial intelligence the platform can differentiate between one object and another, such as understanding the difference between vehicles and pedestrians; or pedestrians and bicycles. Being able to do this boosts the safety features of future vehicles.
Trials have also shown how the device can assess the movement patterns of vehicles and the posture of pedestrians and, to a degree, it can assess and even predict a situation in advance. Hyundai Mobis aims to have the deep learning-based camera system and sensors in place by the end of 2020.
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