Hyundai Motor Sets Up Institute to Collaborate on AI Research
by
Sohee Kim
February 21, 2017, 6:16 PM GMT+10
Hyundai Motor Group is setting up a research institute to spearhead its artificial intelligence efforts and will look to collaborate with universities as well as other technology firms worldwide as it strives to catch up with competitors in the development of self-driving cars.
- Institute to work on development of robotics, new materials
- Automaker will look for ‘open innovation’ opportunties
The institute, to be established in Uiwang in South Korea, will work on areas including robotics, new materials and communications, Hyundai Motor Co. said in a statement on Tuesday. It will be seeking “open innovation” opportunities and secure talent from across the world, the company said.
The most important business stories of the day.
Get Bloomberg's daily newsletter.
Sign Up
Hyundai Motor is joining automakers including Toyota Motor Corp., Honda Motor Co. and Ford Motor Co. in stepping up efforts in artificial intelligence research to develop technologies that will enable autonomous driving. Ford is investing $1 billion in a Pittsburg-based artificial intelligence company that will develop a virtual driver system while Toyota is spending the same amount to form a research institute dedicated to AI and robotics technology.
The setting up of the artificial intelligence institute follows Hyundai Motor’s establishment this month of a research center for developing autonomous vehicle technologies.
- Forums
- ASX - By Stock
- BRN Charting
Hyundai Motor Sets Up Institute to Collaborate on AI Research by...
-
- There are more pages in this discussion • 357 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
22.3¢ |
Change
-0.003(1.11%) |
Mkt cap ! $412.9M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 21.8¢ | $367.0K | 1.658M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 376198 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 558404 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 376198 | 0.220 |
24 | 565876 | 0.215 |
30 | 738590 | 0.210 |
29 | 1179405 | 0.205 |
61 | 1839341 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 558404 | 40 |
0.230 | 564442 | 20 |
0.235 | 620980 | 18 |
0.240 | 426657 | 18 |
0.245 | 601724 | 14 |
Last trade - 12.24pm 28/06/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online