Technology

Automotive AI Foundation Model Technology and Application Trends Report 2024: AI Foundation Models Evolve Rapidly, Bringing New Opportunities

Published

10 months ago

March 6, 2024

DUBLIN, March 6, 2024 /PRNewswire/ — The “Automotive AI Foundation Model Technology and Application Trends Report, 2023-2024” report has been added to ResearchAndMarkets.com’s offering.

Since 2023 ever more vehicle models have begun to be connected with foundation models, and an increasing number of Tier1s have launched automotive foundation model solutions. Especially Tesla’s big progress of FSD V12 and the launch of SORA have accelerated implementation of AI foundation models in cockpits and intelligent driving.

In February 2023, Tesla FSD v12.2.1, which adopts an end-to-end autonomous driving model, began to be pushed in the United States, not just to employees and testers. According to the feedback from the first customers, FSD V12 is quite powerful, allowing ordinary people who previously did not believe in and use autonomous driving to dare to use FSD. For example, Tesla FSD V12 can bypass puddles on roads. A Tesla engineer commented: this kind of driving approach is difficult to implement with explicit code, but Tesla’s end-to-end approach makes it almost effortlessly.

The development of AI foundation models for autonomous driving can be divided into four phases.

Phase 1 uses a foundation model (Transformer) at the perception level.Phase 2 is modularization, with foundation models used in perception, planning & control and decision.Phase 3 is end-to-end foundation models (one ‘end’ is raw data from sensors, and the other ‘end’ directly outputs driving actions).Phase 4 is about heading from vertical AI to artificial general intelligence (AGI’s world model).

Most companies are now in Phase 2, while Tesla FSD V12 is already in Phase 3. Other OEMs and Tier1s have followed up with the end-to-end foundation model FSD V12. On January 30, 2024, Xpeng Motor announced that its end-to-end model will be fully available to vehicles in the next step. It is known that NIO and Li Auto will also launch “end-to-end based” autonomous driving models in 2024.

FSD V12’s driving decisions are generated by an AI algorithm. It uses end-to-end neural networks trained with massive video data to replace more than 300,000 lines of C++ code. FSD V12 provides a new path that needs to be verified. If it is feasible, it will have a disruptive impact on the industry.

On February 16, OpenAI introduced text-to-video model SORA, signaling the wide adoption of AI video applications. SORA not only supports generation of up to 60-second videos from texts or images, but it well outperforms previous technologies in capabilities of video generation, complex scenario and character generation, and physical world simulation.

Through vision both SORA and FSD V12 enable AI to understand and even simulate the real physical world. Elon Mask believes that FSD 12 and Sora are just two of the fruits of AI’s ability to recognize and understand the world through vision, and FSD is ultimately used for driving behaviors, and Sora is used to generate videos.

The high popularity of SORA is further evidence of the rationality of FSD V12. Musk said ‘Tesla generative video from last year’.

AI foundation models evolve rapidly, bringing new opportunities.

In recent three years foundation models for autonomous driving have undergone several evolutions, and the autonomous driving systems of leading automakers must be rewritten almost every year, which also provides entry opportunities for late entrants.

At CVPR 2023, UniAD, an end-to-end autonomous driving algorithm jointly released by SenseTime, OpenDriveLab and Horizon Robotics, won the 2023 Best Paper.

In early 2024, Waytous’ technical team and the Institute of Automation Chinese Academy of Sciences jointly proposed GenAD, the industry’s first generative end-to-end autonomous driving model which combines generative AI and end-to-end autonomous driving technology. This technology is a disruption to UniAD progressive process end-to-end solution, and explores a new end-to-end autonomous driving mode. The key is to using generative AI to predict temporal evolution of the vehicle and surroundings in past scenarios.

In February 2024, Horizon Robotics and Huazhong University of Science and Technology proposed VADv2, an end-to-end driving model based on probabilistic planning. VADv2 takes multi-view image sequences as input in a streaming manner, transforms sensor data into environmental token embeddings, outputs the probabilistic distribution of action, and samples one action to control the vehicle. Using only camera sensors, VADv2 achieves state-of-the-art closed-loop performance in CARLA Town05 benchmark test, much better than all existing approaches. It runs stably in a fully end-to-end manner, even without rule-based wrapper.

On the Town05 Long benchmark, VADv2 achieved a Drive Score of 85.1, a Route Completion of 98.4, and an Infraction Score of 0.87, as shown in Tab. 1. Compared to the previous state-of-the-art method, VADv2 achieves a higher Route Completion while significantly improving Drive Score by 9.0. It is worth noting that VADv2 only utilizes cameras as perception input, while DriveMLM utilizes both cameras and LiDAR. Furthermore, compared to the previous best method which only relies on cameras, VADv2 demonstrates even greater advantages, with a remarkable increase in Drive Score of up to 16.8.

Also in February 2024, the Institute for Interdisciplinary Information Sciences at Tsinghua University and Li Auto introduced DriveVLM (its whole process shown in the figure below). A range of images are processed by a large visual language model (VLM) to perform specific chain of thought (CoT) reasoning to produce driving planning results. This large VLM includes a visual encoder and a large language model (LLM).

Due to limitations of VLMs in spatial reasoning and high computing requirements, DriveVLM team proposed DriveVLM-Dual, a hybrid system that combines advantages of DriveVLM and conventional autonomous driving pipelines. DriveVLM-Dual optionally combines DriveVLM with conventional 3D perception and planning modules, such as 3D object detector, occupancy network, and motion planner, allowing the system to achieve 3D localization and high-frequency planning. This dual-system design, similar to slow and fast thinking processes of human brain, can effectively adapt to changing complexity of driving scenarios.

Key Topics Covered:

1 Classification of Autonomous Driving (AD) Algorithms and Common Algorithm Models
1.1 AD System Classification and Software 2.0
1.2 Baidu AD Algorithm Development History
1.3 Tesla AD Algorithm Development History
1.4 Neural Network Model
1.5 Traditional AD AI Algorithms (Small Model)
1.6 Transformer and BEV (Foundation Model)
1.7 End-to-end Foundation Model Cases

2 Overview of AI Foundation Model and Intelligent Computing Center
2.1 AI Foundation Model
2.2 Application of AI Foundation Model in Automotive
2.3 Autonomous Driving (AD) Multimodal Basic Foundation Model
2.4 Intelligent Computing Center

3 Tesla Algorithm and Foundation Model Analysis
3.1 Algorithm Fusion of CNN and Transformer
3.2 Transformer Turns 2D into 3D
3.3 Occupancy Network, Semantic Segmentation and Time-space Sequence
3.4 LaneGCN and Search Tree
3.5 Data Closed Loop and Data Engine

4 AI Algorithms and Foundation Model Providers
4.1 Haomo.ai
4.2 QCraft
4.3 Baidu
4.4 Inspur
4.5 SenseTime
4.6 Huawei
4.7 Unisound
4.8 iFLYTEK
4.9 AISpeech
4.10 Megvii Technology
4.11 Volcengine
4.12 Tencent Cloud
4.13 Other Companies
4.13.1 Banma Zhixing
4.13.2 ThunderSoft
4.13.3 Horizon Robotics’ End-side Deployment of Foundation Model

5 Foundation Model of OEMs
5.1 Xpeng Motor
5.2 Li Auto
5.3 Geely
5.4 BYD
5.5 GM
5.6 Changan Automobile
5.7 Other Auto Enterprises
5.7.1 GWM: All-round Layout of AI Foundation Model
5.7.2 Chery: EXEED STERRA ES Equipped with Cognitive Foundation Model
5.7.3 GAC
5.7.4 SAIC-GM-Wuling
5.7.5 Mercedes-Benz
5.7.6 Volkswagen
5.7.7 Stellantis
5.7.8 PSA

6 Application Trends of Sora and AI Foundation Model in Automotive
6.1 Analysis of Sora Text-to-Video Foundation Model
6.2 Explanation of Sora’s Underlying Algorithm Architecture
6.3 Generative World Model and Intelligent Vehicle Industry
6.4 Application Trends of AI Foundation Model in Automotive
6.5 AI Foundation Model Requirements for Chips

Companies Profiled

Haomo.aiQCraftBaiduInspurSenseTimeHuaweiUnisoundiFLYTEKAISpeechMegvii TechnologyVolcengineTencent CloudBanma ZhixingThunderSoftHorizon RoboticsXpeng MotorLi AutoGeelyBYDGMDeepal GPTGWMCheryGACSAIC-GM-WulingMercedes-BenzVolkswagenStellantisPSA

For more information about this report visit https://www.researchandmarkets.com/r/o1dfga

About ResearchAndMarkets.com
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Technology

Virtusa Earns 2024 Great Place to Work® Certification™ for Third Consecutive Year

Published

47 minutes ago

December 23, 2024

SOUTHBOROUGH, Mass., Dec. 23, 2024 /PRNewswire/ — Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, is proud to announce its 2024 Great Place to Work® Certification™ for the third consecutive year. This recognition spans seven countries – India, USA, Canada, UK, UAE, Australia, and Singapore – and underscores Virtusa’s dedication to fostering a High-Trust, High-Performance workplace culture globally.

The certification is based on rigorous employee feedback, with Virtusa achieving an impressive Trust Index™ score of 79% and an Employee Net Promoter Score (eNPS) of 73%. Notably, 81% of employees agreed with the statement, “Taking everything into account, I would say this is a great place to work.”

Key areas of improvement over the past year include professional development, equal treatment, making a difference, and creating a welcoming environment.

“We are incredibly honored to receive the Great Place to Work® Certification™ for the third consecutive year,” said Lori Mullane, Chief People Officer at Virtusa. “This recognition reflects our unwavering commitment to creating an inclusive and empowering workplace where employees feel valued, supported, and inspired to achieve their best. Investing in a culture of trust, collaboration, and growth enables our teams to deliver exceptional value to our clients and communities.”

Virtusa’s commitment to professional development, diversity, and well-being reflects its efforts to build a supportive and inclusive environment. With industry-leading initiatives like Engineering IQ for career progression, robust upskilling programs, and a focus on belonging and fairness, Virtusa has created a culture where employees can thrive.

The Certification is a testament to Virtusa’s leadership in workplace culture, which supports over 30,000 employees globally. As the company continues to grow, its mission remains steadfast in providing a High-Trust, High-Performance environment that drives innovation, collaboration, and employee satisfaction.

For more information about Virtusa’s workplace culture and career opportunities, visit https://www.virtusa.com/careers.

About Great Place to Work®
Backed by 30 years of data, Great Place To Work is the global authority on workplace culture. Through its proprietary For All™ Model and Trust Index Survey, it gives organizations the recognition and tools to create a consistently positive employee experience. Its mission is to help every place become a great place to work for all, driving business growth, improving lives, and empowering communities. Through globally recognized and coveted Great Place To Work Certification and highly competitive Best Workplaces™ Lists, Great Place To Work enables employers to attract and retain talent, benchmark company culture, and increase revenue. Its platform enables leaders to truly capture, analyze and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.

About Virtusa
Virtusa Corporation provides digital engineering and technology services and solutions for Forbes Global 2000 companies across industries, including financial services, healthcare, telecommunications, media, manufacturing, and technology. With a foundation in digital engineering, Virtusa empowers enterprises to navigate digital transformation, driving operational efficiency and measurable outcomes. Leveraging its Engineering First approach, Virtusa partners with organizations to tackle complex challenges, delivering solutions that ensure resilience and competitive advantage.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

Media Contact:
Paul Lesinski
Edelman
(971) 226-5299
paul.lesinski@edelman.com

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Technology

DogeRide Unleashes a New Era of Pet-Friendly Ridesharing in Denver

Published

47 minutes ago

December 23, 2024

DogeRide, Denver’s newest and most innovative ridesharing service, is proud to announce the official launch of its pet-friendly hailing app in Denver, CO Metro Area.

DENVER, Dec. 23, 2024 /PRNewswire-PRWeb/ — DogeRide, Denver’s newest and most innovative ridesharing service, is proud to announce the official launch of its pet-friendly hailing app.

“We wanted to create a ridesharing service that embraces that spirit, providing a solution for dog lovers who want their furry companions to be part of their daily lives. DogeRide is more than a rideshare; it’s a celebration of Denver’s dog-friendly culture.”

Designed to bring convenience and joy to pet lovers, DogeRide allows drivers to ride with their dogs as companions while welcoming riders to travel with their furry friends. With Denver being one of the most dog-friendly cities in the country, this service is set to revolutionize how residents and their dogs move around town.

DogeRide aims to address a growing demand for pet-friendly transportation. Riders no longer have to worry about leaving their four-legged friends behind or struggling to find a rideshare that accommodates their pets. The DogeRide app allows seamless booking and ensures all participating drivers are comfortable with canine passengers.

To ensure a safe and pleasant ride, dogs must weigh under 80 pounds and be on a leash or in a crate during the journey.

“Denver is a city that thrives on community and outdoor adventures, and dogs are a huge part of that lifestyle,” said Phil Warfield and Divine Tumenta, both Co-founders of DogeRide. “We wanted to create a ridesharing service that embraces that spirit, providing a solution for dog lovers who want their furry companions to be part of their daily lives. DogeRide is more than a rideshare; it’s a celebration of Denver’s dog-friendly culture.”

The app’s user-friendly interface allows riders to indicate when they’re bringing a dog along, ensuring that drivers are prepared for their canine co-pilots. Additionally, all DogeRide drivers are trained to prioritize safety and comfort for both human and canine passengers. From trips to the vet or park to daily commutes, DogeRide is committed to making every journey tail-waggingly fun and hassle-free.

DogeRide also offers unique features tailored to the needs of dog owners and pet-loving drivers. Drivers are encouraged to bring their dogs along for companionship while working, creating a warm and welcoming atmosphere for riders. This innovative approach not only enhances the drivers’ experience but also provides riders and their dogs with a sense of familiarity and connection.

“DogeRide is the ultimate ridesharing service for dog lovers because we’ve designed it with the needs of Denver’s vibrant pet-owning community in mind,” said Chad Harris, Co-founder of DogeRide. “Whether you’re heading to the dog park, running errands, or going on an adventure, DogeRide ensures your furry friend can come along for the ride. We’re thrilled to be part of Denver’s pet-friendly ecosystem.”

DogeRide’s mission is to create a safe, reliable, and dog-inclusive transportation option that reflects the unique lifestyle of Denver residents. As part of its commitment to the community, DogeRide plans to partner with local animal shelters and pet organizations to support adoption events and promote responsible pet ownership.

DogeRide is now available for download on iOS and Android devices. For more information, visit www.dogeride.com.

Media Contact

Nick Dell, DogeRide Technologies Inc, 1 7207817533, support@dogeride.com, https://www.dogeride.com/

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Technology

Omnis Investments Limited Extends Relationship with SS&C

Published

47 minutes ago

December 23, 2024

WINDSOR, Conn., Dec. 23, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Omnis Investments Limited has extended its transfer agency relationship with SS&C. The contract services Omnis’s range of mutual funds, which invest across several asset classes and regions.

With more than GBP10 billion of assets under management, Omnis is one of U.K.’s largest asset managers and works closely with clients of The Openwork Partnership, a network of 4,200 financial advisers across the country. Omnis also collaborates with 2plan wealth management, a leading wealth management firm in the U.K.

“SS&C is a long-term valued partner to Omnis, and we are looking forward to continuing our work together on ways to enhance the experience of our clients and achieve our goals,” said Simon Harris, Chief Operating Officer at Omnis. “Together with SS&C, we are committed to providing a high standard of service to all of our clients and evolving our digital service offering.”

“We are pleased to extend our valued long-term relationship with Omnis,” said Spencer Baum, Managing Director Head of Client Management, SS&C GIDS. “SS&C is committed to delivering exceptional omnichannel servicing and support to all customer types.”

Learn more about SS&C’s Global Investor and Distribution Solutions here.

About Omnis Investments Limited

Omnis Investments manages over GBP10 billion in assets, working as part of The Openwork Partnership, a network of 4,200 financial advisers across the country helping people look forward with confidence and optimism. Omnis has a range of funds and strategies across the full risk/return spectrum, managed by leading investment managers. The Omnis funds are only available through advisers of The Openwork Partnership and 2plan wealth management.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

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