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Volkswagen reveals New Auto strategy through 2030 - unified SSP platform, battery cell format and software
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Microsoft s Satya Nadella Steps Up as Chairman of the Board, Alongside CEO Role in the Company
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How AI Technology is Revolutionizing the Automotive Industry
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Not a day goes by without us using some form of transportation. Whether it s public transport or personal vehicles, the automotive sector plays an important role in our lives. Technology continues to make huge strides across all sectors, and the automotive industry is no exception.
According to Global Market Insights, the value of artificial intelligence in the automotive sector exceeded $1billion in 2019 and is expected to grow by 35% every year until 2026. There are many reasons for such astronomical growth.
The automotive sector offers many areas that are ripe for optimization and enhancement through AI. Here are four areas where the most exciting developments are currently taking place.
Microsoft wades into Facebook news fight by siding with European publishers CNN 2/22/2021 By Julia Horowitz, CNN Business © Sean Gallup/Getty Images BERLIN, GERMANY - FEBRUARY 27: Satya Nadella, CEO of Microsoft, speaks with Herbert Diess, CEO of Volkswagen AG, (not pictured) at a fireside chat to the media about a joint project between the two companies called the Volkswagen Automotive Cloud on February 27, 2019 in Berlin, Germany. Microsoft is working with several automakers to advance the carmakers digitalization. (Photo by Sean Gallup/Getty Images)
Microsoft is joining forces with publishers in Europe to call for an Australia-style system that would force tech platforms such as Google and Facebook to pay news organizations for content.
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