Stock Market Wire News Logo
Stock Market Wire News Logo
    • Login
    • Sign Up
Connect Twitter with Market Wire News

Honda Invests in U.S.-based Helm.ai to Strengthen its Software Technology Development


home / news releases / Honda Invests in U.S.-based Helm.ai to Strengthen its Software Technology Development

  • January, 19 2022 11:04 PM
  • |
  • ACN Newswire
  • |
    • HNDAF
    • HNDAF Quote
    • HNDAF Short
    • HNDAF News
    • HNDAF Articles
    • HNDAF Message Board


TOKYO, Jan 20, 2022 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that, in December 2021, the company invested in U.S. (California)-based Helm.ai to strengthen its software technology development in the areas of artificial intelligence (AI) and computer vision(1) technologies. Helm.ai has key strengths in the area of AI-based image recognition technologies advanced through unsupervised learning(2).

Helm.ai is an AI software startup established in November 2016, and Honda and Helm.ai have been working in collaboration since 2019 through Honda Xcelerator(3), a global open innovation program of Honda. Honda invested in Helm.ai to strengthen value creation in the efforts to make mobility products more intelligent and to generate greater achievements more quickly. The financing will further strengthen the relationship between the two companies and accelerate development of original solutions for Honda that combine Honda technologies and AI technologies of Helm.ai.

Honda will continue offering highly-competitive and highly-attractive products and services to its customers by establishing relationships through the Honda Xcelerator program with companies which have cutting-edge technologies in various areas.

(1) Technology to recognize specific elements from computer-based visual information and provide necessary information based on the results of such recognition.
(2) Unsupervised learning is one of the methods of machine learning, which supports AI. Unlike supervised learning through which AI learns the correct answers to derive from labeled input data, unsupervised learning lets AI learn without being provided with the correct answers and derives the patterns and unique characteristics of the unlabeled data on its own.
(3) Honda Xcelerator is a global open innovation program designed to facilitate collaboration between startups and Honda. The program is led by Honda Innovations Inc., a subsidiary of Honda Motor Co., Ltd. based in Silicon Valley in the U.S.

Source: Honda

Copyright 2022 JCN Newswire . All rights reserved.

Get Email and Text Alerts for (OTC:HNDAF)

Get Email and Text Alerts for (OTC:HNDAF)

News, Short Squeeze, Breakout and More Instantly...

Tags
  • Asia Pacific
  • Automotive
  • $Asia
  • Industrial Goods
  • $Japan
  • Manufacturing and Engineering
  • Market News
  • Computing and Information Technology
Share This Post

Market Wire News is a media platform, the information on this page was provided by ACN Newswire via Quote Media. Read our full disclaimer.

Link your Twitter Account to Market Wire News

When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.

Be alerted of any news about your stocks and see what other stocks are trending.


Contact the Author

Stock Information

Honda Motor Co. Ltd. Company Name:

HNDAF Stock Symbol:

OTC Market:

MENU
HNDAF HNDAF Quote HNDAF Short HNDAF News HNDAF Articles HNDAF Message Board
Get HNDAF Alerts

News, Short Squeeze, Breakout and More Instantly...

Connect Twitter with Market Wire News
RECENT HNDAF NEWS
  • HNDAF - Honda Joins the "30 by 30 Alliance for Biodiversity" in Japan

    Honda Joins the "30 by 30 Alliance for Biodiversity" in Japan TOKYO, Apr 26, 2022 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that it has joined the "30 by 30 Alliance for Biodiversity" ("30 by 30 Alliance") that is committed to pursuing conservation of biodiversi...

  • HNDAF - Dongfeng Honda to Begin Sales of All-new e:NS1 EV Model

    Dongfeng Honda to Begin Sales of All-new e:NS1 EV Model BEIJING, China, Apr 26, 2022 - (JCN Newswire) - Honda Motor (China) Investment Co., Ltd.(HMCI), a wholly-owned Honda subsidiary in China, today announced that Dongfeng Honda Automobile Co., Ltd., a Honda automobile produc...

  • HNDAF - Honda Signs Memorandum of Understanding with Teito Motor Transportation and kokusai motorcars as Part of Aim to Launch Autonomous Vehicle Mobility Service in Central Tokyo

    Honda Signs Memorandum of Understanding with Teito Motor Transportation and kokusai motorcars as Part of Aim to Launch Autonomous Vehicle Mobility Service in Central Tokyo HIROSHIMA, Japan, Apr 21, 2022 - (JCN Newswire) - Honda Mobility Solutions Co., Ltd. (HMS), a Honda subsi...

  • Research
  • Stock Search
  • News Releases
  • Articles
  • Message Boards
  • Trending Stocks
  • Short Information
  • Stock Wall
  • Link Twitter
  • Sign Up
  • Login
  • Contact

Join us on Discord

Join us on Discord

Follow us on discord to get immediate notifications!

Check out the New Market Wire News Discord Bot

Discord


Sign up or login to continue

Sign up or login to continue.


Forgot password?




Mobile Number Subscribers

Market Wire News provides notifications to customers about updates, service, reminders, or products. Current and new customers of Market Wire News will enter their mobile numbers on a web opt-in form https://marketwirenews.com. Supported Carriers are as follows Alltel, AT&T, Cincinnati Bell, Dobson Cellular Systems, Inter Op, MetroPCS®, Nextel Communications, Sprint PCS, T-Mobile®, U.S. Cellular®, Verizon Wireless, and Virgin Mobile U.S. T-Mobile® is not liable for delayed or undelivered messages. There are no premium charges for joining Market Wire News service. Message and data rates may apply. Subscribers to Market Wire News service may receive up to 500 per month.

How to Opt Out

To opt-out of the Market Wire News program, send or text STOP, END, QUIT, CANCEL or UNSUBSCRIBE to (844) 931-3999. An unsubscribe message will be sent to your number confirming the cancellation, but no more messages will be sent after that one.

Mobile Support

For support or information about a Market Wire News, send or text HELP to (844) 931-3999. Optionally, you may email [email protected].

WATCH LIVE TRENDING STOCKS

Advertise

Brand your company, advertise your products or services with our ad programs.

Advertise

Research

Stock Search

News Releases

Articles

Message Boards

Trending Stocks

Short Information

Stock Wall

Members

Log In

Sign Up

Stay Connected
Follow @MarketWN

Contact

Privacy

Terms of Service

Disclaimer

© 2020 Market Wire News