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Stock impact report

Foresight: Rail Vision Reveals its Next Generation AI Computer for Railway Safety and Accident Prevention

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: GlobeNewswire
The new development offers high performance and real time artificial intelligence deep learning inference Ness Ziona, Israel, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight”), an innovator in automotive vision systems, announced today that its affiliate, Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision”) revealed its next generation artificial intelligence (AI) based computer to be incorporated into its Main Line and Switch Yard systems. Foresight owns 10.2% of Rail Vision’s outstanding share capital. This advanced system represents a major evolution from Rail Vision’s existing AI-based solutions, featuring advanced real-time deep learning capabilities and compliance with stringent railway standards. Rail Vision’s system ensures exceptional performance in obstacle detection and identification, even under challenging weather and visibility conditions. Its real-time operational capacity in both software and firmware contributes Show less Read more
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