BREAKING NEWS

SoftBank and Inuitive to Collaborate on AI and IoT

SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp., and Inuitive Ltd. (“Inuitive”) jointly announced today that they have agreed to consider collaborating on artificial intelligence (AI) and the Internet of Things (IoT).

Inuitive has strong track record for designing and developing System on a Chip (SoC) products that utilize AI, including 3D depth sensors and image processors. SoftBank and Inuitive will consider collaboration in AI and IoT fields, including the pioneering of 3D depth sensor applications, validating the performance of Inuitive's newly developed sensor chips and tying up on solutions that combine Inuitive's AI chips and SoftBank's IoT platforms.
Major applications for Inuitive's 3D depth sensors include traffic and people flow data analytics and the detection of displacement and aging in building structures. Both companies believe it will be possible to provide state-of-the-art IoT solutions by combining these applications with SoftBank's IoT platforms, AI and big data.

About Inuitive
Inuitive (www.inuitive-tech.com) optimizes consumer experiences and enhances competitive advantages in the areas of Robots, Drones, Augmented Reality and Virtual Reality to name just a few. Inuitive intelligent offering combines, algorithms, ASIC and System solution to realize the AI practice enabling devices to acquire more human capabilities. With AI at its core, The Inuitive platform also includes a 3D Depth Sensing Computer Vision processor and powerful deep learning capabilities to enable smart devices to become even smarter.

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The information is true and accurate at the time of publication.
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