Top 10 Trending AI News Updates And Analyst Ratings

7. Ecarx Holdings Inc. (NASDAQ:ECX)

Number of Hedge Fund Holders: 15

ECARX Holdings Inc. (NASDAQ:ECX) leverages AI to build automotive technology, including software, computing platforms, and system-on-a-chip (SoC) modules. The company strives to accelerate innovation in software-defined vehicles to offer a safer driving experience. The firm’s AI-powered offerings assist in sensing, decision-making, ADAS development, and predictive modeling, enabling the creation of full-stack solutions for EVs.

On February 11th, Ecarx Holdings Inc. (NASDAQ:ECX) stated that the first intelligent cockpit jointly developed with FAW Group will debut in the Hongqi Tiangong 05 all-electric sedan, launched in January.

“This marks a significant milestone in the deepening strategic partnership signed in April 2024 with FAW Group to develop next-generation intelligent cockpits for its premium Hongqi brand of vehicles. The Tiangong 05’s intelligent cockpit will be powered by ECARX’s Antora 1000 Pro computing platform and come integrated with customized Hongqi FAW OS on top of ECARX Cloudpeak and the recently upgraded ECARX AutoGPT in-vehicle AI large model application, setting a new industry benchmark with an immersive and AI-driven intelligent cockpit experience. To build this solution, ECARX and FAW combined their research and development capabilities and technological strengths over the past year to build an end-to-end value chain for the development of intelligent cockpits – from software and hardware design to system integration,” the company said.