HomeEventsThe upcoming Generative AI for Automotive Summit 2024

The upcoming Generative AI for Automotive Summit 2024

The Generative AI for Automotive Summit, going down on the Leonardo Royal Hotel in Frankfurt am Main, is a groundbreaking event dedicated to the growing role of generative AI within the automotive industry.

This peak focuses, amongst other things, on the impact of generative AI on vehicle design, product development, simulation, process automation and price reduction.

Generative AI excels at navigating complex data sets, providing worthwhile insights and evaluation that improve decision-making processes in automotive design.

Automotive corporations use generative AI to assist engineers, designers and developers optimize processes and explore recent innovation opportunities.

The event, scheduled for February 21-22, 2024, will explore these topics and plenty of more.

It features lectures and discussions from key figures from world-leading corporations reminiscent of Toyota, BMW and Bugatti quite a few opportunities to network with executives and experts within the industry.

The impact of generative AI on the automotive industry

Generative design is a crucial recent technology that’s impacting industrial design in almost every field, including the automotive industry.

In 2022, the worldwide automotive generative AI market was valued at $312.46 million. It is anticipated to realize an exceptional result $2.69 billion by 2032with a projected compound annual growth rate (CAGR) of 24.03% from 2023 to 2032.

Generative AI, complemented by advanced 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 comes at a critical time because the automotive industry seeks revolutionary solutions to enhance efficiency, reduce costs and speed up the event of electrical and autonomous vehicles.

However, the introduction of such technologies requires careful consideration of the associated risks and ethical concerns – issues that may even be addressed at this summit.

Keynote speaker and panelists

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

  • Matt KlenkDirector at Toyota Research Institute
  • Gianluca CaprioglioProgram Manager for Control Systems at Bugatti Rimac
  • Fabian Fonseca AponteAI Software Engineer on the BMW Group
  • And more from Volvo Cars, Continental, Robert Bosch, Valeo, Lufthansa Group and others

Highlights of the sessions

Some of the various meetings in Generative AI for the agenda of the Automotive Summit 2024 contain:

  • Generative models – past, present and future with Jörg Reichardt, Senior Expert General Machine Learning at Continental, concerning the development and future prospects of generative models within the automotive industry.
  • Understanding the impact of the European Union AI law on high-risk applications by Kai Zenner, office manager/digital policy advisor within the European Parliament, discusses the impact of the EU AI law on AI applications within the automotive sector.
  • Exploring AI and generative AI for safer AV development in a three-part series with 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 to enhance the protection of autonomous vehicles.
  • Optimizing vehicle design through generative AI is an interactive, off-stage discussion group exploring how generative AI can revolutionize vehicle design and product development.
  • Using GenAI with agents and digital identities for future automotive use cases presented by Peter Busch, Product Owner Distributed Ledger Technologies Mobility at Robert Bosch GmbH, about revolutionary uses of generative AI within the automotive sector.

Who should participate?

The summit is geared toward professionals working in various areas of the automotive industry, including:

  • Engineers and designers in vehicle construction and component supply
  • Specialists in AI, machine learning and data science within the automotive sector
  • Managers and decision-makers in research and development, innovation and strategy
  • Regulatory and compliance officers focused on technology adoption

Registration and participation fees

Details of registration fees and categories might be found on the Official website of the summit. Due to limited availability, participants are encouraged to register early.

Important information concerning the Generative AI for Automotive Summit 2024

  • Events: 21-22 February 2024
  • Location: Leonardo Royal Hotel, Frankfurt, Germany
  • Focus: Exploring the transformative potential of generative AI within the automotive industry, including advances in vehicle design, development and manufacturing efficiency.
  • Activities: The summit will include keynote speeches, panel discussions, interactive workshops and networking sessions designed to advertise collaboration and knowledge sharing amongst industry leaders.
  • Speaker: A spread of renowned experts from the automotive and technology industries who offer different perspectives on the introduction and impact of generative AI.
  • Tickets and registration: Available in Official website here.

Further information and the chance to secure your participation might be found at Generative AI for the Automotive Summit website today.

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