Artificial Intelligence Computing Features

Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing

November 7, 2024

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Cyngn has introduced progress of its proprietary laptop imaginative and prescient (CV) expertise for industrial autonomous machines, constructed on NVIDIA accelerated computing.

MENLO PARK, Calif., Nov. 7, 2024 /PRNewswire/ — Cyngn Inc. (NASDAQ:CYN) has introduced progress of its proprietary laptop imaginative and prescient (CV) expertise for industrial autonomous machines, constructed on NVIDIA accelerated computing. This announcement showcases the cutting-edge capabilities of Cyngn’s DriveMod options, highlighting how NVIDIA {hardware} and CUDA acceleration libraries have enabled Cyngn to develop differentiated self-driving options with synthetic intelligence (AI), CV, and localization and mapping.

The DriveMod system has been efficiently deployed on materials dealing with autos from established producers like BYD, Motrec, and Columbia Vehicle Group, catering to a various vary of shoppers from non-public manufacturing and distribution firms to Fortune 100s like John Deere.

In collaboration with Arauco, which pre-ordered 100 DriveMod Forklifts final summer time, Cyngn leveraged NVIDIA applied sciences to introduce refined options to advance the capabilities of autonomous machines in industrial settings. The DriveMod Forklift showcases thrilling capabilities in laptop imaginative and prescient, together with enumeration of the variety of pallets in a tall stack and detection of non-standard pallet pockets.

For full particulars, see Cyngn’s blog post.

“Cyngn has been part of the NVIDIA Inception program since our early days engaged on AI expertise,” stated Cyngn’s Chairman and Chief Government Officer, Lior Tal. “Seeing years of collaboration evolve from analysis and growth to deploying distinctive product options for finish prospects shouldn’t be solely thrilling, however it is usually a testomony to the facility of NVIDIA’s cutting-edge applied sciences.”

About Cyngn
Cyngn develops and deploys scalable, differentiated autonomous car expertise for industrial organizations. Cyngn’s self-driving options enable present workforces to extend productiveness and effectivity. The Firm addresses important challenges going through industrial organizations right this moment, comparable to labor shortages, expensive security incidents, and elevated client demand for eCommerce.

Cyngn’s DriveMod Package may be put in on new industrial autos at finish of line or through retrofit, empowering prospects to seamlessly undertake self-driving expertise into their operations with out excessive upfront prices or the necessity to utterly exchange present car investments.

Cyngn’s flagship product, its Enterprise Autonomy Suite, consists of DriveMod (autonomous car system), Cyngn Perception (customer-facing suite of AV fleet administration, teleoperation, and analytics instruments), and Cyngn Evolve (inner toolkit that allows Cyngn to leverage information from the sphere for synthetic intelligence, simulation, and modeling).

The place to search out Cyngn:

Investor Contact:
Don Alvarez, CFO
[email protected]

Media Contact:
Luke Renner, Head of Advertising
[email protected]

Ahead-looking Statements
This press launch comprises “forward-looking statements” inside the which means of the Personal Securities Litigation Reform Act and different securities legal guidelines. Phrases comparable to “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and comparable expressions or variations of such phrases are meant to establish forward-looking statements. Ahead-looking statements usually are not historic details, and are based mostly upon administration’s present expectations, beliefs and projections, a lot of which, by their nature, are inherently unsure. Such expectations, beliefs and projections are expressed in good religion. Nonetheless, there may be no assurance that administration’s expectations, beliefs and projections shall be achieved, and precise outcomes could differ materially from what’s expressed in or indicated by the forward-looking statements. Ahead-looking statements are topic to dangers and uncertainties that would trigger precise efficiency or outcomes to vary materially from these expressed within the forward-looking statements, together with the danger elements described once in a while within the Firm’s reviews to the Securities Trade Fee (SEC), together with, with out limitation the danger elements mentioned within the Firm’s annual report on Type 10-Ok filed with the SEC on March 7, 2024. Readers are cautioned that it’s not attainable to foretell or establish all of the dangers, uncertainties and different elements which will have an effect on future outcomes. No forward-looking assertion may be assured, and precise outcomes could differ materially from these projected. Cyngn undertakes no obligation to publicly replace any forward-looking assertion, whether or not because of new info, future occasions, or in any other case. References and hyperlinks to web sites have been offered as a comfort, and the data contained on such web sites shouldn’t be included by reference into this press launch. Cyngn shouldn’t be answerable for the contents of third-party web sites.