Ceva Expands AI Ecosystem for its Class-Leading NPU IP with New Partnerships for Automotive and Edge AI

Rhea-AI Summary

Ceva, Inc. (NASDAQ: CEVA) expands AI ecosystem for NeuPro-M NPU IP with Visionary.ai and ENOT.ai partnerships targeting automotive and vision-based Edge AI applications. Visionary.ai empowers cameras to capture video in extreme low-light and HDR scenarios, surpassing human vision. ENOT.ai specializes in neural network optimization for autonomous driving and ADAS, enhancing automotive safety and efficiency.

Insights

Market Research Analyst

The strategic alliance between Ceva, Visionary.ai and ENOT.ai signifies a substantial advancement in the Edge AI and automotive sectors. The integration of Visionary.ai's software ISP and ENOT.ai's optimization tools into Ceva's NeuPro-M NPU IP could potentially disrupt the market by enhancing the capabilities of Smart Edge devices. As automotive safety and AI-driven features become increasingly important to consumers, this collaboration positions Ceva to capitalize on the growing demand for advanced driver-assistance systems (ADAS) and vision-based applications.

From a market perspective, the partnerships could lead to increased adoption of Ceva's NPU solutions, potentially resulting in higher revenue streams and market share. The focus on power efficiency and scalable AI workloads aligns with the industry's trend towards sustainable and versatile technology solutions. Investors should monitor Ceva's market penetration post-integration and the subsequent financial performance to assess the long-term impact of these partnerships.

Automotive Industry Expert

The collaboration between Ceva and ENOT.ai holds particular promise for the automotive industry, which is rapidly adopting AI technologies to improve safety and the driving experience. ENOT.ai's expertise in neural network optimization for autonomous driving and ADAS complements Ceva's NeuPro-M NPU, potentially leading to more efficient and advanced AI applications within vehicles. Real-time lane departure warnings, pedestrian detection and voice instructions are critical features that can differentiate automotive products in a competitive market.

As regulations and consumer expectations around vehicle safety and autonomy tighten, this partnership could provide Ceva with a competitive edge. Automakers and suppliers may be inclined to adopt these integrated solutions to meet industry standards and consumer demands, thereby influencing the market dynamics and possibly leading to an increase in Ceva's licensing agreements and IP deployments.

Technology Analyst

The announcement of Ceva's expanded AI ecosystem through partnerships with Visionary.ai and ENOT.ai underscores the importance of AI in next-generation edge computing. Visionary.ai's ability to enhance camera functionality in extreme low-light and high dynamic range (HDR) scenarios using AI is a significant technological milestone. This capability is particularly relevant for markets where visual clarity is paramount, such as security, medical imaging and smart cities.

Technologically, the versatility of the NeuPro-M NPU architecture, with its integrated VPU and scalability, is a critical feature for future-proofing AI investments. The ability to support any future network layer indicates a commitment to long-term innovation. As AI technology rapidly evolves, the capacity to adapt to new network layers without hardware changes is a substantial advantage that may lead to broader adoption and sustained growth for Ceva's technology solutions.

Visionary.ai neural network software ISP for enhanced camera applications and ENOT.ai neural network optimization tools and AI assistance now available for Ceva's NeuPro-M NPU

LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced that it has expanded the AI ecosystem for its class-leading NeuPro-M NPU IP with the addition of two new partnerships targeting automotive and vision-based Edge AI applications.

Ran Snir, Vice President and General Manager of the Vision Business Unit at Ceva, remarked: "I would like to extend a warm welcome to Visionary.ai and ENOT.ai, who join the ecosystem of partners that support our Smart Edge customer base. These partners are bringing new levels of innovation to solve complex challenges using AI, and illustrate the value proposition of our NeuPro-M NPU to enable scalable AI workloads on-device with highest power efficiency."

Visionary.ai
Visionary.ai empowers cameras to capture video in extreme low-light and HDR scenarios, with results that surpass human vision. Traditionally, low light and nighttime video has been one of the greatest imaging challenges, often resulting in dark, grainy, and unclear video. This new technology changes the game, enabling cameras to deliver unparalleled low-light performance. The technology can be deployed on the NeuPro-M NPU to enhance multiple Edge AI vision applications for a range of markets, including mobile, PC, IoT, robotics, automotive, security, smart cities, and medical imaging.

Oren Debbi, CEO of Visionary.ai. stated: "At Visionary.ai, we have managed to surpass human vision in extreme low-light conditions by harnessing the incredible power of AI. Through partnerships with leading Edge AI NPU companies like Ceva, we can bring this technology to a global audience, improving safety and functionality of vision-based Smart Edge devices by making the unseen seen."

ENOT.ai
ENOT.ai specializes in neural network optimization, revolutionizing autonomous driving and Advanced Driver-Assistance Systems (ADAS). The collaboration combines Ceva's NeuPro-M NPU with ENOT.ai's revolutionary AI assistant technology, aimed at enhancing automotive safety, efficiency, and driver experience. Key features of this collaboration include an AI assistant that provides real-time lane departure warning, pedestrian detection, and voice instructions for vehicle operation, enhancing safety for new drivers and personalizing settings for an optimized driving experience.  This partnership promises to set new standards in AI-driven automotive solutions, focusing on intuitive driver assistance, vehicle efficiency, and intelligent edge computing capabilities.

David Rapoport, CRO at ENOT.ai, commented: "Ceva's strong relationships within the automotive ecosystem and their AI NPU with industry-leading efficiency perfectly complement our AI automotive roadmap. This partnership exemplifies our mission to integrate AI seamlessly into everyday life, expanding role of the AI assistant in the automotive cockpit."

Ceva's NeuPro-M NPU IP addresses the processing needs of Classic and Generative AI with industry-leading performance and power efficiency for AI inferencing workloads. The NeuPro-M architecture is highly versatile and future proof thanks to an integrated VPU (Vector Processing Unit), supporting any future network layer, and offers high scalability with four NPUs – the NPM11, NPM12, NPM14, and NPM18 to suite any AI workload.

Demonstrations at CES 2024
At CES 2024 in Las Vegas Jan 9 – 12, 2024, Ceva together with Visionary.ai and ENOT.ai will showcase the AI-ISP and automotive AI assistant solutions at the Ceva private meeting suite at the Westgate Hotel. To experience these demonstrations, contact the Ceva events team and book an appointment.

About Visionary.ai:
Listed by CB Insights as one of the 100 Most Promising AI Startups of 2023, Visionary.ai empowers cameras to capture video in extreme low-light and HDR. Their software-based image processing leverages edge AI to improve image quality in real-time to offer market-leading video quality. For more information, visit https://www.visionary.ai/.

About ENOT.ai:
ENOT.ai specializes in neural network optimization, revolutionizing autonomous driving and Advanced Driver-Assistance Systems (ADAS). Their expertise in AI and LLM applications positions them at the forefront of automotive technology development. For more information, visit https://www.enot.ai/.

About Ceva, Inc.
At Ceva, we are passionate about bringing new levels of innovation to the smart edge. Our wireless communications, sensing and Edge AI technologies are at the heart of some of today's most advanced smart edge products. From Bluetooth connectivity, Wi-Fi, UWB and 5G platform IP for ubiquitous, robust communications, to scalable Edge AI NPU IPs, sensor fusion processors and embedded application software that make devices smarter, we have the broadest portfolio of IP to connect, sense and infer data more reliably and efficiently. We deliver differentiated solutions that combine outstanding performance at ultra-low power within a very small silicon footprint. Our goal is simple – to deliver the silicon and software IP to enable a smarter, safer, and more interconnected world. This philosophy is in practice today, with Ceva powering more than 17 billion of the world's most innovative smart edge products from AI-infused smartwatches, IoT devices and wearables to autonomous vehicles and 5G mobile networks.

Our headquarters are in Rockville, Maryland with a global customer base supported by operations worldwide. Our employees are among the leading experts in their areas of specialty, consistently solving the most complex design challenges, enabling our customers to bring innovative smart edge products to market.

Ceva: Powering the Smart Edge™

Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram.

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SOURCE Ceva, Inc.

FAQ

What is the latest announcement from Ceva, Inc. (NASDAQ: CEVA)?

Ceva, Inc. (NASDAQ: CEVA) has expanded the AI ecosystem for its NeuPro-M NPU IP with new partnerships with Visionary.ai and ENOT.ai targeting automotive and vision-based Edge AI applications.

What does Visionary.ai offer for Edge AI vision applications?

Visionary.ai empowers cameras to capture video in extreme low-light and HDR scenarios, surpassing human vision, and enabling unparalleled low-light performance for a range of markets, including mobile, PC, IoT, robotics, automotive, security, smart cities, and medical imaging.

What is the focus of ENOT.ai's collaboration with Ceva's NeuPro-M NPU?

ENOT.ai's collaboration with Ceva's NeuPro-M NPU aims to revolutionize autonomous driving and ADAS by enhancing automotive safety, efficiency, and driver experience through neural network optimization and AI assistant technology.

What are the key features of ENOT.ai's collaboration with Ceva?

The key features include an AI assistant that provides real-time lane departure warning, pedestrian detection, and voice instructions for vehicle operation, enhancing safety for new drivers and personalizing settings for an optimized driving experience.

What will be showcased at CES 2024 by Ceva, Visionary.ai, and ENOT.ai?

At CES 2024, Ceva, Visionary.ai, and ENOT.ai will showcase the AI-ISP and automotive AI assistant solutions at the Ceva private meeting suite at the Westgate Hotel in Las Vegas from Jan 9 – 12, 2024.