15 AI News You Must Read Today

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

Market Capitalization: $56.67 billion

NXP Semiconductors N.V. (NASDAQ:NXPI) is a global semiconductor company creating solutions that enable secure connections for a smarter world. The company plays a key role in AI through its automotive chips, microcontrollers, and machine-learning platforms that enable autonomous vehicle systems, edge computing, and more.

On November 12, NXP Semiconductors N.V. (NASDAQ:NXPI) announced the i.MX 94 family, a new set of application processors designed for industrial and automotive uses. By integrating features such as communications, safety, and real-time control into a single chip, the i.MX 94 family aims to simplify complexity, ensuring optimized end-to-end performance when coordinating real-time communication and actions.

“Connectivity is more complex than ever before, and the i.MX 94 family is designed to help simplify that complexity. The i.MX 94 family delivers the high-performance edge processing needed for today’s industrial automation, as well as automotive telematics applications, with the advanced networking, security, safety, and AI capabilities needed to enable tomorrow’s innovations”.

-Charles Dachs, Senior Vice President and General Manager, Industrial and IoT, NXP.

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