Cyngn Won the 17th US Patent for its AI-Powered Autonomous Vehicle Technologies
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Cyngn Inc., an AI-powered autonomous driving solutions developer, has been granted its 17th US patent, US-11,837,089-B2. The patent covers a novel modular extensible behavioral decision system for autonomous vehicles, which takes into account environmental elements to inform the vehicle's decision-making process.
December 07, 2023 | 12:08 pm
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Cyngn Inc. has been awarded a new patent for its AI-powered autonomous vehicle technology, which could strengthen its intellectual property portfolio and potentially enhance its market position in the AV industry.
The issuance of a new patent typically signifies advancement in technology and intellectual property, which can be seen as a positive development for the company. It may attract investor interest and provide Cyngn with a competitive edge in the market, potentially leading to an increase in the stock price in the short term.
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