According to 'MarketsandMarkets' the global AI car market is expected to reach $103.4 billion by 2025, growing at a CAGR of 34.4% from 2020-2025. 'IHS Markit' expects the number of AI cars on the road to increase from 10 million in 2020 to 125 million by 2025. AI Cars Key Players,from Traditional automakers,Technology giants to startups.
Here are the top 5 tech companies that have invested the most in AI Car technology: Waymo - $20 billion+,Cruise - $10 billion+,Baidu - $5 billion+,NVIDIA - $4 billion+,Motional - $4 billion
Exploring the Opportunities, Challenges, and Regulatory Framework of Autonomous Vehicles
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AITech Ltd is a company focused on machine learning, automation, visual recognition and IoT technologies. We provide efficient, accurate, automated solutions to our customers across a wide range of industries, allowing them to focus on their core business while increasing efficiency and reducing costs.
The automotive market’s explosive interest in artificial intelligence development is being proven by the investments we see in innovative technology. Tractica estimates that the market for automotive hardware, software, and services, will climb to almost $27 billion by 2025.
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