The increasing use of AI in autonomous vehicles is poised to drive the demand for AI toolkits. AI plays a pivotal role in enabling self-driving cars to perceive their environment, make decisions, and navigate safely. In a recent turn of events, AI Singapore, in partnership with the Ministry of Defence (Mindef), initiated a groundbreaking USD 20 million grant program aimed at advancing AI technology in self-driving vehicles and materials research for both military and commercial applications in July 2023. This collaboration represents the first of its kind involving local researchers in the AI field.
The USD 20 million fund will be allocated to five research teams, comprising industry players and universities in Singapore and abroad. Three teams will focus on developing AI systems for autonomous vehicles, while the other two will concentrate on generative AI for inventing new materials for military equipment.
As automakers and tech companies intensify their efforts to develop autonomous solutions, the demand for comprehensive AI toolkits to create and fine-tune these complex AI systems will grow. These toolkits provide essential resources for AI development, making them indispensable in the pursuit of autonomous vehicle technology, thus accelerating their adoption rate.