Softbank Corp and Inuitive Limited have announced the collaboration for the development of artificial intelligence, advanced 3D sensing with computer vision capabilities, and deep learning for future IoT. This collaboration is strategic and is done in order to draw the expertise from both the companies in artificial intelligence and leveraging on Inuitive’s artificial intelligence framework and future vision processors with IoT platforms of Softbank which have heterogeneous processing capabilities for embedded products. The aim of these companies through this collaboration is to boost the popularity and drive the smart IoT devices and Systems market development.
IoT devices are becoming smarter by the day and the use of artificial intelligence is expected to take them to another new level. The use of AI on a device offers competitive edge to these devices as they provide human like interaction without increasing the cost. Other benefits of artificial intelligence implementation on a device are security and privacy protection, real time performance, and longer operation time.
In order to develop an artificial intelligence framework, it would require the efforts from companies working at multifaceted domains and thus this strategic collaboration was formed between SoftBank and Inuitive. The strategic collaboration was to leverage advanced Technologies of intuitive and proven Technologies of SoftBank so as to collectively push the performance level and extend the use of artificial intelligence which is currently beyond reach. Softbank from last 8 years has been extensively researching in the field of artificial intelligence. The company is therefore excited to combine research with Intuitive so as to drive exciting, new capabilities in devices. At present, the focus of Softbank is on optimizing high-end platforms so as to speed up your product use cases in neural networks.