Hyundai Mobis will work with StradVision to develop advanced camera detection technology required to build safe self-driving systems. StradVision has developed a software solution that uses deep learning to recognize pedestrians and even texts on road signs. Established in 2014, the ICT firm is armed with experts specializing in software, the majority of its employees have Master’s or doctoral degrees. The performance of the deep learning-based image detection technology developed by StradVision is regarded as top-notch in the field of front detection camera, accurately identifying not only distant objects but also overlapped ones; it can distinguish one object from another, for instance, between vehicles and pedestrians or between pedestrians and bicycles, and uses that information as data for safe driving.
It can also read the movement patterns of vehicles and the posture of pedestrians and predict a situation in advance. The startup holds 14 patents, including a method for rapidly reading texts embedded in images, fast parallel data processing and detection accuracy enhancement technology, 10 of them being registered in the U.S.
With this investment and close collaboration, Hyundai Mobis hope to be able to develop its own deep learning-based camera as well as other types of AI-enabled sensors by the end of 2020.
Hyundai Mobis – www.mobis.co.kr
StradVision – www.stradvision.ai