ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

APX Apex Resources Inc

0.06
0.00 (0.00%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apex Resources Inc TSXV:APX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.06 0.055 0.07 0 20:57:18

Appen Releases State of AI Automotive Report

25/01/2023 2:00pm

Business Wire


Apex Resources (TSXV:APX)
Historical Stock Chart


From Nov 2022 to Nov 2024

Click Here for more Apex Resources Charts.

Research from the global leader in data for AI offers key insight into how the Automotive industry is working to create safer, more customized driving experiences

Today, Appen, the world leader in data for the AI lifecycle, announced the release of its State of AI Automotive Report. The report offers specific insights into how the transportation and automotive industries are leveraging artificial intelligence to improve driver and passenger experience, safety, and comfort.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230125005487/en/

Appen’s research further underscores the important role AI – and the data powering these AI models – will play in the future of the automotive industry. According to survey respondents, some of the most important benefits AI will have on automotive experience include:

  • Crash prevention
  • Emissions reduction
  • Fewer impaired driving incidents
  • Improved traffic conditions
  • Customized comfort

“At Appen, we work with companies across a number of industries to power the deployment of safe, accurate, and comprehensive AI models around the world,” said Armughan Ahmad, CEO of Appen. “Our latest State of AI report indicates that AI has tremendous potential to make the automotive experience safer, more innovative, and more enjoyable than ever before.”

In addition to the benefits of AI, Appen’s findings also noted optimism about the future of autonomous vehicles. While almost 80% of respondents indicated that they currently feel safe with autonomous vehicles on the road, those surveyed also indicated their confidence in a number of AI applications. According to the report:

  • 89% of AI practitioners indicated that they agree or strongly agree that autonomous vehicles are the future of the industry
  • 87% of AI practitioners agree or strongly agree that autonomous vehicles will reduce the number of impaired driving incidents
  • 82% of AI practitioners agree or strongly agree that autonomous driving will relieve traffic congestion in the future

“As we look to the future of the automotive industry, we’ll see two primary themes come to the forefront: safety and experience. Those include for drivers, passengers, cyclists, pedestrians and all others sharing the road.” added Sujatha Sagiraju, Chief Product Officer at Appen. “We’re at a pivotal moment in transportation and AI is leading the charge. With high-quality and inclusive data, those futuristic concepts are right around the corner.”

While data is the lifeblood of any effective AI deployment, Appen’s research also uncovered the importance of human oversight to ensure accurate and safe rollout of AI across the transportation space. In fact, 97% of respondents noted that human-in-the-loop evaluation is important for accurate model performance, which allows for more collaboration and oversight to improve the effectiveness of AI and machine learning models.

Appen’s research was conducted in partnership with The Harris Poll, which surveyed over 500 respondents from around the globe. To see the full State of AI Report from August, visit 2022 State of AI Report.

About Appen

Appen is a global market leader in data for the AI Lifecycle. With over 25 years of experience in data sourcing, data annotation, and model evaluation by humans, we enable organizations to launch the world’s most innovative artificial intelligence systems.

Our expertise includes a global crowd of more than 1 million skilled contractors who speak over 235 languages, in over 70,000 locations and 170 countries, and the industry’s most advanced AI-assisted data annotation platform. Our products and services give leaders in technology, automotive, financial services, retail, healthcare, and governments the confidence to launch world-class AI products.

Founded in 1996, Appen has customers and offices globally.

Christina Golden Senior Public Relations Manager, Appen cgolden@appen.com

Kayleigh Jones SourceCode Communications for Appen appen@sourcecodecomms.com

1 Year Apex Resources Chart

1 Year Apex Resources Chart

1 Month Apex Resources Chart

1 Month Apex Resources Chart

Your Recent History

Delayed Upgrade Clock