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Automotive
There is an unmistakable buzz around generative artificial intelligence (GenAI), and as with most industries today, GenAI tools are all over automotive. And why not? From streamlining processes, enhancing efficiency, reducing costs, and automating software to improving performance metrics, there's hardly an automotive process today that cannot seem to benefit from AI-driven tools.
Of the many GenAI tools and applications available today, ChatGPT has really caught on with the automotive industry thanks to its varied use cases. For automakers still lacking GenAI expertise, now is the time to close this gap with strategic partnerships for capability-building. Launching pilot projects on existing technology platforms can help them build expertise in a low-risk manner while forming partnerships with experienced technology firms can help expedite the delivery of capabilities.
S&P Global Mobility believes that OEMs will need to collaborate
closely with their chosen AI technology providers. This partnership
will not only improve the process of data collection from vehicle
but also establish advanced LLM training to enhance overall AI
proficiency and offer comprehensive services and
functionalities.
Here's a snapshot of how OEMs are leveraging GenAI to offer
smart solutions:
Author: Vivek Beriwal, Senior Research Analyst, UI/UX, Supply Chain & Technology, S&P Global Mobility
This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.