Telenav Open Sources Its AI Map-Making Technology to Improve OpenStreetMap and Announces $10,000-Prize Contest
16 May 2018 - 10:00PM
Telenav®, Inc. (NASDAQ:TNAV), a leading provider of connected-car
and location-based platform services, announced the world’s first
open-source machine-learning technology designed to detect
navigation features in street-level imagery. Telenav’s AI-based,
map-making technology automatically detects navigation features
using street-level imagery, which can reduce the effort required to
create and enhance map data by as much as 10x. Telenav has
crowdsourced more than 130-million street images via its
OpenStreetCam™ mobile application and data collection
continues to grow rapidly.
The company’s open-source AI initiative empowers developers to
enhance the AI algorithms, and ensures that the next era of map
making remains open and accessible to everyone.
Telenav has open sourced two key components of its broader
AI-mapping platform:
- Machine Learning Algorithm – Used to recognize dozens of
different types of road elements, including road signs and traffic
lights; other items, such as lane and road width, will be added
soon.
- Training sets – Consisting of over 50,000 tagged street-view
images.
“Until now, all AI-based map-making technologies have been
proprietary,” stated Philipp Kandal, Senior Vice President,
Engineering for Telenav. “The openness of OSM is what originally
made it a success, and now, with open AI technology, we
can exponentially improve the map with the contribution of a large,
passionate and talented community of developers.”
The company is also launching its “Telenav MapAI Contest” to
encourage contributions to the open-source map-making platform. It
invites interested participants to view details of the contest at
https://competitions.codalab.org/competitions/19024. In addition to
a cash prize of $10,000, the contributions to the map-making
platform will be available for all mappers to use to improve
OSM.
About TelenavTelenav (NASDAQ:TNAV) is a leading
provider of connected car and location-based platform services,
focused on transforming life on the go for people - before, during,
and after every drive. Leveraging our location platform, global
brands such as Ford, GM, Toyota, and AT&T deliver custom
connected car and mobile experiences. Fortune 500 advertisers and
local advertisers can now reach millions of users with our
highly-targeted advertising platform. To learn more about how
Telenav’s location platform powers personalized navigation,
mapping, big data intelligence, social driving, and location-based
ads, visit www.telenav.com.
Telenav, OpenStreetCam and the “Telenav” logo are trademarks of
Telenav, Inc. Unless otherwise noted, all other trademarks, service
marks, and logos used in this press release are the trademarks,
service marks or logos of their respective owners.
Copyright 2018 Telenav, Inc. All Rights Reserved.
Media Contact:Raphel Finelli Telenav, Inc.
raphelf@telenav.com408-667-5970
Telenav (NASDAQ:TNAV)
Historical Stock Chart
From Apr 2024 to May 2024
Telenav (NASDAQ:TNAV)
Historical Stock Chart
From May 2023 to May 2024