Ambarella, Seeing Machines Partner Over Occupant, Driver Monitoring System Solutions - Ambarella (NASDAQ:AMBA)

AI vision silicon company Ambarella Inc AMBA collaborated with Seeing Machines Ltd SEEMF to bring integrated Advanced Driver Assistance System (ADAS) and occupant and driver monitoring system (OMS and DMS) solutions to the market.
The technology combination will bring Seeing Machines' OMS and DMS technology solutions to Ambarella's CV2x CVflow family of edge AI perception systems on chip (SoCs).
Seeing Machines is an advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety.
Ambarella's SoCs target standalone and integrated DMS, OMS, and forward-facing ADAS cameras.
As part of this collaboration, Seeing Machines will enable its embedded Driver Monitoring Engine (e-DME) software to provide a highly optimized, accelerated "back end."
Price Action: AMBA shares traded higher by 2.78% at $169.99 in the premarket session on the last check Thursday.