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Stock impact report

AMD to Power AI-Based Smart Parking Solution for Sun Singapore, the Country’s Largest Provider of Smart Parking Services

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: GlobeNewswire
SANTA CLARA, Calif., June 19, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Sun Singapore Systems Pte. Ltd., the largest smart parking solutions provider in Singapore, is deploying a new AI-based smart parking solution, powered by AMD Zynq™ UltraScale+™ MPSoC devices. The intelligent solution improves the accuracy of vehicle license plate recognition and enables advanced features like parking spot vacancy detection, lane jam, accident detection, and parking violation enforcement. Sun Singapore's new AI-based smart parking system uses PlanetSpark’s EdgeAI Box X7, which is powered by FPGA-based AMD Zynq UltraScale+ MPSoCs. Aupera Technologies also helped design and develop FPGA firmware and AI vision solutions for accurate license plate reading. The resulting solution provides low latency, energy efficiency, and real-time AI inferencing at the edge. FPGAs provide the long lifecycle demanded by edge devices, with the hardware flexibility to adapt to changing AI model Show less Read more
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