15 AI News Updates You Might Have Missed

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11. NXP Semiconductors N.V. (NASDAQ:NXPI)

Market Capitalization: $57 Billion 

NXP Semiconductors N.V. (NASDAQ:NXPI) makes and sells various products related to semiconductors. NXP offers a comprehensive portfolio of microcontrollers and processors optimized for AI and machine learning applications in automotive, smart industrial and IoT industries. The company recently announced that it had partnered with MathWorks, a leading developer of mathematical computing software, to build the Model-Based Design Toolbox (MBDT) for battery management in EVs. These vehicles are increasingly becoming software-oriented, with AI-based systems expected to play a crucial role in the overall energy management systems of EVs in the future.

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