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Cyngn ($CYN) to Leverage Nvidia ($NVDA) AI Computers for DriveMod Autonomous Industrial Vehicles
Manage episode 397597880 series 3366344
Cyngn (NASDAQ: CYN), a developer of AI-driven self-driving industrial solutions, has announced a strategic shift towards Nvidia (NASDAQ: NVDA) AI computers for its fleet of DriveMod autonomous industrial vehicles.
Mirroring Tesla's approach with Autopilot hardware, Cyngn is transitioning from Intel microprocessors to Nvidia AI computers across its entire lineup. The decision is rooted in Cyngn's commitment to improving vehicle efficiency, capabilities, and reducing production costs.
The powerful processing capabilities and advanced development ecosystem of Nvidia's computers align with Cyngn's vision for the future of robotic autonomous platforms. This move is seen as a bold step towards a future where innovation and efficiency converge, reshaping the landscape of robotic autonomous vehicles.
Lior Tal, Cyngn's Chairman and Chief Executive Officer stated: “"Nvidia's computers are the platforms of the future. By integrating them into our vehicles, we will not only see a reduction in power consumption but also a significant decrease in cost as we reduce the number of components in our DriveMod system.”
Cyngn’s self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, and increased consumer demand for eCommerce.
Shares of Cyngn trade on the NASDAQ under the ticker symbol CYN. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com
690 에피소드
Manage episode 397597880 series 3366344
Cyngn (NASDAQ: CYN), a developer of AI-driven self-driving industrial solutions, has announced a strategic shift towards Nvidia (NASDAQ: NVDA) AI computers for its fleet of DriveMod autonomous industrial vehicles.
Mirroring Tesla's approach with Autopilot hardware, Cyngn is transitioning from Intel microprocessors to Nvidia AI computers across its entire lineup. The decision is rooted in Cyngn's commitment to improving vehicle efficiency, capabilities, and reducing production costs.
The powerful processing capabilities and advanced development ecosystem of Nvidia's computers align with Cyngn's vision for the future of robotic autonomous platforms. This move is seen as a bold step towards a future where innovation and efficiency converge, reshaping the landscape of robotic autonomous vehicles.
Lior Tal, Cyngn's Chairman and Chief Executive Officer stated: “"Nvidia's computers are the platforms of the future. By integrating them into our vehicles, we will not only see a reduction in power consumption but also a significant decrease in cost as we reduce the number of components in our DriveMod system.”
Cyngn’s self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, and increased consumer demand for eCommerce.
Shares of Cyngn trade on the NASDAQ under the ticker symbol CYN. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com
690 에피소드
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