Accelerating Car Development with Mazda-backed AI Firm
【Summary】British AI firm Secondmind has raised £16 million in funding, with Mazda investing an undisclosed amount. Secondmind's AI technology has the potential to reduce a car's development time from years to months, leading to fewer errors in design and testing, as well as a 40% decrease in costly prototypes. Mazda plans to use Secondmind's tech to cut engine calibration time by half. This partnership builds upon their existing three-year collaboration to simplify EV design and development.
Secondmind, a British artificial intelligence (AI) firm, has recently secured a funding of sixteen million pounds. The company's technology is said to be capable of significantly reducing a car's development time from years to months, ultimately leading to the creation of better cars in a shorter amount of time.
Utilizing machine learning, the AI technology developed by Secondmind is able to minimize the number of errors in design and testing by ten-fold. This reduction in errors results in fewer corrections and a remarkable 40% decrease in the need for costly prototypes.
In the latest funding round, Mazda, a renowned Japanese brand, made an undisclosed investment in Secondmind. This investment has led to a new partnership between the two companies, with Mazda planning to incorporate Secondmind's technology into the development of its powertrains. The primary goal is to cut engine calibration time in half.
This collaboration builds upon an already successful three-year partnership between Mazda and Secondmind. During this period, Mazda has utilized Secondmind's AI to simplify the complex process of electric vehicle (EV) design and development. The aim has been to reduce both development time and costs associated with EVs.
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