Nexar and Lyft Partner To Drive The Future Scaling Of Autonomous Vehicles
Nexar and Lyft (NASDAQ: LYFT) announced a partnership to advance autonomous vehicle (AV) technology development. The collaboration combines Nexar's extensive video telematics data—comprising over 45 petabytes of real-world footage, 200 million miles driven monthly, 5 trillion images, and 59 million videos—with Lyft's anonymized marketplace data. The partnership aims to create comprehensive datasets for AV training and development, focusing on rideshare-specific applications to enhance the commercialization of autonomous vehicles at scale.
Nexar e Lyft (NASDAQ: LYFT) hanno annunciato una collaborazione per promuovere lo sviluppo della tecnologia dei veicoli autonomi (AV). Questa partnership unisce l'ampio database di telematica video di Nexar—che comprende oltre 45 petabyte di riprese reali, 200 milioni di miglia percorsi mensilmente, 5 trilioni di immagini e 59 milioni di video—con i dati di mercato anonimizzati di Lyft. L'obiettivo è creare dataset completi per l'addestramento e lo sviluppo dei veicoli autonomi, concentrandosi su applicazioni specifiche per il ridesharing per migliorare la commercializzazione dei veicoli autonomi su larga scala.
Nexar y Lyft (NASDAQ: LYFT) anunciaron una alianza para avanzar en el desarrollo de la tecnología de vehículos autónomos (AV). La colaboración combina los extensos datos de telemática de video de Nexar—que comprenden más de 45 petabytes de imágenes del mundo real, 200 millones de millas conducidas mensualmente, 5 billones de imágenes y 59 millones de videos—con los datos de mercado anonimizados de Lyft. La asociación tiene como objetivo crear conjuntos de datos completos para el entrenamiento y desarrollo de AV, enfocándose en aplicaciones específicas de transporte compartido para mejorar la comercialización de vehículos autónomos a gran escala.
Nexar와 Lyft (NASDAQ: LYFT)는 자율주행차(AV) 기술 개발을 촉진하기 위한 파트너십을 발표했습니다. 이 협력은 Nexar의 방대한 비디오 텔레매틱스 데이터—실제 영상 45페타바이트, 월 2억 마일 주행, 5조 개 이미지 및 5,900만 개 비디오로 구성된 데이터—와 Lyft의 익명화된 시장 데이터를 결합합니다. 이 파트너십의 목표는 자율주행차 훈련 및 개발을 위한 포괄적인 데이터 세트를 생성하고, rideshare 특정 응용 프로그램에 집중하여 자율주행차의 상업화를 대규모로 향상시키는 것입니다.
Nexar et Lyft (NASDAQ: LYFT) ont annoncé un partenariat pour faire avancer le développement de la technologie des véhicules autonomes (AV). Cette collaboration combine les vastes données de télématique vidéo de Nexar—comprenant plus de 45 pétaoctets d'images du monde réel, 200 millions de miles parcourus par mois, 5 trillions d'images et 59 millions de vidéos—avec les données de marché anonymisées de Lyft. L'objectif du partenariat est de créer des ensembles de données complets pour l'entraînement et le développement d'AV, en se concentrant sur des applications spécifiques au covoiturage pour améliorer la commercialisation des véhicules autonomes à grande échelle.
Nexar und Lyft (NASDAQ: LYFT) haben eine Partnerschaft angekündigt, um die Entwicklung von Technologien für autonome Fahrzeuge (AV) voranzutreiben. Die Zusammenarbeit kombiniert die umfangreichen Video-Telematikdaten von Nexar—die über 45 Petabyte an Aufnahmen aus der realen Welt, 200 Millionen gefahrene Meilen pro Monat, 5 Billionen Bilder und 59 Millionen Videos umfassen—mit den anonymisierten Marktdaten von Lyft. Das Ziel der Partnerschaft ist es, umfassende Datensätze für das Training und die Entwicklung von AV zu erstellen, wobei der Schwerpunkt auf rideshare-spezifischen Anwendungen liegt, um die Kommerzialisierung autonomer Fahrzeuge in großem Maßstab zu verbessern.
- Partnership provides access to massive dataset for AV development (45 petabytes of footage, 200M miles monthly)
- Strategic positioning to commercialize AVs through Lyft's extensive rideshare network
- None.
Insights
This partnership between Nexar and Lyft represents an incremental step in autonomous vehicle development, though its immediate business impact appears The collaboration's core value lies in Nexar's massive dataset of 45 petabytes of real-world driving footage and Lyft's rideshare network data, which could help train AV systems more effectively.
However, several key factors temper the near-term significance: Lyft previously divested its own AV unit (Level 5) to focus on being a platform partner, the timeline for meaningful AV deployment remains uncertain and no specific financial terms were disclosed. The partnership primarily positions Lyft as a future AV deployment platform rather than driving immediate revenue.
The collaboration's value will largely depend on how effectively they can monetize this combined dataset with AV developers and the timeline for commercial AV deployment - both of which remain unclear at this stage.
"Nexar's collaboration with Lyft is a pivotal moment in our journey to accelerate the future of autonomous driving," said Eran Shir, Chief Product Officer and Co-Founder of Nexar. "By combining Nexar's unparalleled video data capabilities with Lyft's vast rideshare network, we are setting a new standard for AV training and real-world driving insights."
This collaboration will bring together Nexar's extensive video data and insights—which includes over 45 petabytes of real-world footage, spanning 200 million miles driven monthly, with over 5 trillion images and over 59 million videos—with anonymized and aggregated Lyft marketplace data to create a comprehensive and robust dataset for AV technology development.
"Data is the bedrock of a safe and scalable autonomous future. Better data enables better outcomes, and we're looking forward to working with Nexar's team to create rideshare-specific datasets for our AV partners," said Jeremy Bird, EVP at Lyft "This partnership is part of our work to make Lyft's network the best way to commercialize AVs at scale, and empowers us to use our rideshare expertise to push the entire industry forward."
Together, Nexar and Lyft are working to shape the future of autonomous transportation, accelerating AV technology development and improving safety in the process.
For more information about Nexar, please visit data.getnexar.com.
About Nexar
Nexar turns cars into vision sensors to understand the world. Its platform powers vision-connected services and apps at scale, making new vision-based applications for better driving, powered by a crowd-sourced vision feed. Using anonymous, aggregated data captured from this network, Nexar has developed a portfolio of vision-based data services for the autonomous vehicle industry and public and private sector partners to make roadways safer and more efficient. More information at data.getnexar.com.
Forward-Looking Statements
Certain statements contained in this press release are "forward-looking statements" about Lyft within the meaning of the securities laws, including statements about Lyft's autonomous vehicle strategy and partnerships and related plans, expectations, technologies, benefits for drivers and riders, and an AV pilot program launch. Such statements, which are not of historical fact, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Lyft's filings with the Securities and Exchange Commission. Lyft does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.
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SOURCE Nexar
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