The Generative AI for Automotive Summit, held at Leonardo Royal Hotel, Frankfurt, Germany, is a pioneering event dedicated to the rising role of generative AI within the automotive industry.

This summit focuses on the impact of generative AI on vehicle design, product development, simulation, process automation, and value reduction, amongst other topics.

Generative AI excels at navigating complex datasets, offering useful insights and analyses that enhance decision-making processes in automotive design.

Automotive corporations are harnessing generative AI to support engineers, designers, and developers in optimizing processes and unlocking latest opportunities for innovation. 

The event, scheduled for February twenty first to twenty second, 2024, investigates these topics and plenty of more.

It features talks and discussions from key figures at world-leading corporations like Toyota, BMW, and Bugatti, with ample opportunities to network with industry executives and experts.

The impact of generative AI on the automotive industry

Generative design is a key emerging technology impacting industrial design across virtually every sector, including automotive. 

In 2022, the worldwide marketplace for generative AI within the automotive sector was estimated at $312.46 million. It’s expected to succeed in an outstanding $2.69 billion by 2032, with a projected compound annual growth rate (CAGR) of 24.03% from 2023 to 2032.

Generative AI augmented by modern neural networking and deep learning will provide cutting-edge tools for advanced simulation, design optimization, and process automation. 

In addition to generative design, the summit arrives at a critical time when the automotive industry seeks revolutionary solutions to enhance efficiency, reduce costs, and speed up the event of electrical and autonomous vehicles.

However, adopting such technologies requires careful navigation of associated risks and ethical concerns – topics this summit may also explore. 

Keynote speakers and panelists

The summit will feature a distinguished number of speakers from leading automotive and technology corporations, including:

  • Matt Klenk, Director at Toyota Research Institute
  • Gianluca Caprioglio, Control Systems Program Leader at Bugatti Rimac
  • Fabian Fonseca Aponte, AI Software Engineer at BMW Group
  • And more from Volvo Cars, Continental, Robert Bosch, Valeo, Lufthansa Group, and others

Sessions highlights

Just a few of the numerous sessions on the Generative AI for Automotive Summit 2024 agenda include:

  • Generative Models – Past, Present & Future with Jörg Reichardt, Senior Expert General Machine Learning at Continental, exploring generative models’ evolution and future prospects within the automotive industry.
  • Understanding the Impact of the European Union AI Act on High-Risk Applications by Kai Zenner, Head of Office / Digital Policy Adviser on the European Parliament, discusses the implications of the EU AI Act for automotive AI applications.
  • Exploring AI & Generative AI for Safer AV Development in a three-part series featuring Marcel de Sutter from a number one OEM, Mert Keser from Continental, and Saber Fallah from the University of Surrey, specializing in the usage of generative AI in enhancing autonomous vehicle safety.
  • Optimizing Vehicle Design through Generative AI is an off-stage interactive discussion group looking into how generative AI can revolutionize vehicle design and product development.
  • Using GenAI with Agents & Digital Identities for Future Automotive Use Cases presented by Peter Busch, Product Owner Distributed Ledger Technologies Mobility at Robert Bosch GmbH, exploring revolutionary uses of generative AI within the automotive sector.

Who should attend

The summit is tailored for professionals involved in various facets of the automotive industry, including:

  • Engineers and designers in vehicle manufacturing and component supply
  • Specialists in AI, machine learning, and data science throughout the automotive sector
  • Executives and decision-makers in R&D, innovation, and strategy
  • Regulatory and compliance officers specializing in technology adoption

Registration and delegate fees

Details regarding registration fees and categories will probably be available on the summit’s official website. Due to limited availability, attendees are encouraged to register early.

Key information concerning the Generative AI for Automotive Summit 2024

  • Dates: February 21-22, 2024
  • Location: Leonardo Royal Hotel, Frankfurt, Germany
  • Focus: Exploring the transformative potential of generative AI within the automotive industry, covering advancements in vehicle design, development, and manufacturing efficiencies.
  • Activities: The summit will include keynote speeches, panel discussions, interactive workshops, and networking sessions designed to foster collaboration and knowledge exchange amongst industry leaders.
  • Speakers: A lineup of renowned experts from the automotive and technology sectors, providing diverse perspectives on the adoption and impact of generative AI.
  • Tickets and registration: Available from the official website here.

For more information and to secure your participation, visit the Generative AI for Automotive Summit website today.

This article was originally published at dailyai.com