The Generative AI for Automotive Summit, taking place from February 21-22, 2024, at the Leonardo Royal Hotel in Frankfurt, Germany, will explore the increasing influence and potential of generative AI in the automotive industry. The summit will focus on the impact of this technology on vehicle design, product development, simulation, process automation, and cost reduction.
Generative AI has proven its worth in evaluating complex datasets, providing valuable insights that enhance decision-making processes in automotive design. Many auto companies have begun to utilize generative AI to optimize their processes and create new opportunities for innovation. The summit, presenting insights from industry leaders at Toyota, BMW, and Bugatti, offers networking opportunities with industry executives and experts.
Generative design continues to make waves across every industrial sector, auto industry included. In 2022, the generative AI market in the auto sector reached $312.46 million worldwide, projected to grow to an impressive $2.69 billion by 2032, indicating a 24.03% compound annual growth rate from 2023 to 2032.
The auto industry is looking for innovative solutions to improve efficiency, reduce costs, and streamline the development of electric and autonomous vehicles, and the generative AI summit offers critical insight at this time. In addition to the technical elements, the summit will also discuss how to safely adopt such technologies, addressing the associated risks and ethical considerations.
Key speakers will include Matt Klenk of Toyota Research Institute, Bugatti Rimac’s Gianluca Caprioglio, and Fabian Fonseca Aponte of the BMW Group, among others from Volvo Cars, Continental, Robert Bosch, Valeo, and Lufthansa Group. Topics will cover the evolution of generative models, the impact of the EU AI Act, enhancing autonomous vehicle safety through AI, the use of generative AI in vehicle design, and other innovative uses in the auto industry.
Target attendees include professionals from various automotive industry facets, including vehicle manufacturing and component supply engineers and designers, AI, machine learning, and data science specialists, R&D, innovation, and strategy executives, and regulatory and compliance officers focusing on technology adoption. Details about registration and fees will soon be available on the summit’s official website.
Key Information:
– Dates: February 21-22, 2024
– Location: Leonardo Royal Hotel, Frankfurt, Germany
– Focus: Potential of generative AI in the automotive industry
– Activities: Keynote speeches, panel discussions, interactive workshops, networking sessions
– Speakers: Renowned experts from the automotive and technology sectors
– Tickets and registration: Available at the official website.
The Generative AI for Automotive Summit 2024 will be a crucial forum for learning and networking as it explores the future of AI in the auto industry.
