Inuitive Ltd. (Inuitive) and SoftBank Corp. (SoftBank), a subsidiary of SoftBank Group Corp. (TOKYO: 9984), recently announced that they have agreed to collaborate through the development of artificial intelligence (AI), deep learning (DL) and advanced 3D sensing with computer vision capabilities for future IoT. This collaboration will draw from the expertise of both companies in AI by leveraging Inuitive’s existing and future vision processors and its AI framework with SoftBank’s IoT platforms, which offer advanced heterogeneous processing capabilities for embedded products. The companies expect the collaboration to drive the popularity and development of smart IoT devices and systems.
Devices such as IoT are becoming more intelligent with the proliferation of AI. Implementing AI on the device provides a number of advantages over current market implementations, enabling edge devices to provide human-like interaction while keeping consumer market price tag. Additional benefits of on-chip AI include real-time performance, privacy protection and longer operation time.
“To develop an AI framework, it takes efforts from players in multiple domains,” said Mr. Shlomo Gadot, founder and chief executive officer, Inuitive. “The strategic collaboration between Inuitive and SoftBank will advance on-device intelligence by leveraging Inuitive’s advanced technologies and SoftBank market proven technologies. Together we’ll push the performance envelope and extend AI to places that are currently beyond reach. Our strategic collaboration will become a turning point for the whole on-chip AI industry”.
“SoftBank has been conducting research in AI over a decade,” said Hironobu Tamba, Vice President, Head of Smart IoT Division, SoftBank. “We look forward to the results of our collaboration with Inuitive to further accelerate new and exciting capabilities of on-chip AI for millions of devices”.
Currently, SoftBank is focused on optimizing the high-end platforms to accelerate AI products use cases in the areas of computer vision and neural networks and is researching broader executions in the areas of Objects recognition, Scene reconstruction, SLAM and power management. Inuitive is a leading company in vision processing and its applications. It plays an important role in deep learning algorithm innovation. The company’s leading technology in deep learning makes it possible to innovate and develop a variety of algorithms with low cost and fast response time. Inuitive has also made breakthroughs in sensing technologies. Its strategic collaboration with SoftBank is expected to drastically improve the speed and efficiency of combining system with chipset, making Inuitive’s AI technology more pervasive.