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SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility generation provider, today announced its use of Microsoft Generation to strengthen the unique pricing proposition that global automakers can offer through their smart cars and drive smart car innovation. Leveraging the strength of the Microsoft Azure OpenAI service and Azure cloud computing services, ECARX will work with Microsoft to expand and deploy cutting-edge products and solutions that integrate seamlessly. Extended language models (LLMs) in an increasing number of automobiles globally.
The recent emergence of LLM has created exciting new opportunities that are transforming the industry and will enable global automakers to offer particularly advanced smart cockpits and autonomous driving solutions. ECARX intends to maximize the business and technology synergies created by this use of the Microsoft generation to take advantage of those opportunities.
Ziyu Shen, co-founder, president and CEO of ECARX, said, “We are excited to integrate the Microsoft Azure OpenAI service and Azure cloud computing services into our automotive solutions. This use of the Microsoft generation will allow us to create innovative products that seamlessly blend vehicle and cloud technologies, delivering complex intelligence and connectivity. By integrating LLMs into our products and solutions, we will delight the general user and facilitate the evolution of the smart cockpit for automakers. Ultimately, our vision is to provide safer, smarter solutions and more enjoyable, more effective journeys for drivers around the world.
Yang Hou, Microsoft’s president and general manager for the Greater China region, said, “Microsoft is a strong proponent of cutting-edge corporations like ECARX that think outside the box while leading the transformation of an industry with unique products and services. We are committed to leveraging our global innovation ecosystem and features for ECARX and its consumers in their pursuit of intelligent innovation.
About ECARXECARX (Nasdaq: ECX) is a global automotive generation provider capable of delivering turnkey answers for next-generation smart vehicles, from system-on-chip (SoC) to core computing software and platforms. As automakers scale up new EV architectures, ECARX expands end-to-end responses to the user experience, while reducing complexity and costs.
Founded in 2017 and indexed on Nasdaq in 2022, ECARX now has more than 2,000 employees at 11 major locations in China, the United Kingdom, the United States, Sweden, Germany and Malaysia. The co-founders are two automotive entrepreneurs, president and CEO. Ziyu Shen and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group, which owns stakes in global brands such as Lotus, Lynk
Forward-Looking Statements This release includes statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s ideals and expectations, as well as management’s assumptions and assumptions. administration. knowledge currently available. They appear in various places in this document and come with statements relating to, among other things, the effects of operations, monetary condition, liquidity, prospects, growth, methods and the industry in which we operate. The use of the words “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, ” aim”. “, “plan” or “target” and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not promises of long-term performance and are subject to a number of dangers and uncertainties that may simply cause actual effects to differ. materially, including, but not limited to, statements relating to our intentions Arrangement of our existing ideals or expectations relating to, among other things Arrangement of effects of operations, monetary condition, liquidity, prospects, growth, methods, long-term market. economic situations or functionality and advances in the capital and credit markets and expected long-term monetary functionality, as well as the markets in which we operate.
For a discussion of those and other dangers and uncertainties that may cause actual effects to differ materially from those expressed in any forward-looking statements, please refer to ECARX’s filings with the U. S. Securities and Exchange Commission. U. S. ECARX assumes no legal responsibility to update or revise any forward-looking statements to reflect upcoming occasions or circumstances, as required by applicable law.
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