BEIJING, May 30, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a hybrid augmented intelligence vision system based on computer vision technology, deep learning, and augmented reality. The system can automatically recognize, track and classify objects and provide real-time determination, prediction, and decision-making. In addition, the system can use augmented reality for information augmentation and interaction.

The hybrid augmented intelligent vision system consists of four parts: data acquisition and pre-processing, feature extraction, model training, and real-time recognition and decision-making. The process is divided into two main stages: the perception of objective world information, recognition, and understanding; the other is the process of autonomous learning, reasoning, and decision-making.

Data acquisition and pre-processing: Target and environment data are collected by vision sensors. Multiple sensors are combined to acquire environmental information from various perspectives with rich data sources. This reduces the recognition errors caused by environmental changes in a single sensor, making the system's sensing capability more comprehensive and improving the reliability and stability of the system. The collected data will be serially processed, denoised, and filtered, and other multi-level data processing to reduce interference and improve accuracy. And the information acquired by multiple sensors will be fused, multimodal information fusion, analysis, and judgment from numerous perspectives to improve the system's perception capability and recognition accuracy. For example, image recognition can be combined with the distance information measured by LiDAR for more accurate target detection.

Feature extraction: The system uses convolutional neural network-based algorithms to extract features from the pre-processed data, and these extracted features will be used for training models and real-time recognition.

Model training: The system conducts training of machine learning algorithms based on the extracted features. The training data comes from various data collected in the actual scene. The system can continuously self-optimize through adaptive learning algorithms to improve the system's adaptability to complex environments and intelligence levels.

Real-time recognition and decision-making: The system analyzes and identifies the data collected in the actual scene in real-time and makes predictions and decisions according to the pre-trained machine learning model. Through autonomous decision-making and planning functions,  intelligent control is realized. The system can also be combined with augmented reality technology to realize the enhancement and guidance of human-computer interaction.

The hybrid augmented intelligent vision system can be applied to autonomous driving, smart manufacturing, medicine, and virtual reality. In autonomous driving, the system can automatically identify road signs, traffic signs, other vehicles, and pedestrians to achieve automatic driving and intelligent navigation and improve traffic safety. In intelligent manufacturing, the system can realize automated inspection and analysis of product manufacturing processes and quality to improve production efficiency and reduce product defects. The system can realize rapid recognition and analysis of physiological signals and human body data in the medical field, improve precision and accuracy, and thus provide better medical services. In virtual reality, the system can be combined with AR technology to achieve real-time replacement, enhancement, and virtual display of scenes and objects, providing users with a more immersive experience.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Source: WiMi Hologram Cloud Inc. Related Stocks: NASDAQ:WIMI