Telenav Open Sources Its AI Map-Making Technology to Improve OpenStreetMap and Announces $10,000-Prize Contest
TELENAV (TNAV)
Last telenav earnings: 2/6 04:02 pm
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Source: GlobeNewswire
SANTA CLARA, Calif., May 16, 2018 (GLOBE NEWSWIRE) -- Telenav®, Inc. (NASDAQ:TNAV), a leading provider of connected-car and location-based platform services, announced the world’s first open-source machine-learning technology designed to detect navigation features in street-level imagery. Telenav’s AI-based, map-making technology automatically detects navigation features using street-level imagery, which can reduce the effort required to create and enhance map data by as much as 10x. Telenav has crowdsourced more than 130-million street images via its OpenStreetCam™ mobile application and data collection continues to grow rapidly. The company’s open-source AI initiative empowers developers to enhance the AI algorithms, and ensures that the next era of map making remains open and accessible to everyone. Telenav has open sourced two key components of its broader AI-mapping platform: Machine Learning Algorithm – Used to recognize dozens of different types of road elements, including
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