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SoftBank develops AI system to assist autonomous vehicles

SoftBank Corp. has developed an AI system to assist autonomous vehicles remotely.

Called the ‘traffic understanding multimodal AI,’ this technology aims to improve vehicle safety and lower operational costs by processing data in real-time using edge AI servers.

A field trial began in October 2024 at Keio University’s Shonan Fujisawa Campus in Fujisawa, Kanagawa.

The trial tests the AI’s ability to support autonomous vehicles remotely by analyzing traffic conditions through forward-facing cameras to suggest safe driving actions.

Recent SoftBank developments

Timeline
01-Oct-2024 🤖 SoftBank pours $500m into OpenAI
  • SoftBank to invest $500M in OpenAI
  • Funding values OpenAI at $150B
20-Jun-2024 🚀 SoftBank’s Masayoshi Son set for ‘next big move’: report
  • SoftBank’s Son seeks next big ventures post-setbacks.
  • Focus on AI and renewable energy expansions in the US.
14-May-2024 💼 SoftBank eyes up to $150m deals in India’s AI infrastructure space
  • SoftBank invests $75M-$150M in Indian AI sectors
  • Ends two-year hiatus with focus on data centers, robotics
14-May-2024 📈 SoftBank to leverage $184b portfolio for AI push, Vision Fund CFO says
  • SoftBank has a $183.6B portfolio of 477 companies
  • Vision Fund gains $4.6B, reversing last year’s loss
13-May-2024 📈 SoftBank’s Vision Funds post annual gain of $4.6b in FYE March 2024
  • Vision Funds gain ¥724.3B vs ¥33.8B loss last year
  • SoftBank reports net income of $1.3B, shifts to AI

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