Australia's Nanoveu jumps on agreement to develop its 3D AI platform
14/05/2024 01:34
** Shares of Nanoveu Ltd NVU.AX rise as much as 12% to
A$0.019, their biggest intraday gain since April 17
** Touches its highest level since April 23
** NVU, which makes coatings and protective films, signs an
agreement with Datature, a Singapore-based firm building
advanced deep-learning-based computer vision applications
** Agreement to co-develop NVU's EyeFly3D 3D-AI imaging
platform
** NVU will integrate Datature's advanced monocular depth
estimation technology into EyeFly3D
** NVU down 26% this year as of last close
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))
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