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Stock impact report

TDK announces AI venture TDK SensEI Pte. Ltd to advance industrial machine health through edge AI and sensor fusion [Yahoo! Finance]

TDK CORP S/ADR (TTDKY) 
NASDAQ:AMEX Investor Relations: global.tdk.com/corp/en/ir/index.htm
Company Research Source: Yahoo! Finance
TDK SensEI ( sens or e dge i ntelligence) will be formed through a combination of internal TDK assets, platforms, and technologies. SensEI appoints a new CEO from outside of TDK, Sandeep Pandya , an entrepreneurial C-level leader with a history of developing teams, products, and new markets leveraging artificial intelligence (AI)/deep tech domains. SINGAPORE Aug. 5, 2024 /PRNewswire/ -- TDK Corporation (TSE: 6762) announces the formation of a new corporate legal entity, TDK SensEI to address the growing market of the intersection of artificial intelligence (AI) and sensor fusion at the edge. The name SensEI is derived from the use of the phrase " sens or e dge i ntelligence." The organization will focus on Industry 4.0 solutions as the segment expands further into machine and production health. TDK SensEI is a global organization, headquartered in Singapore , accelerating transformation for a sustainable future with a significant capital infusion from TDK. Building on TDK's 85 Show less Read more
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