Foresight Autonomous Holdings (FRSX) has released an update.
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Foresight Autonomous Holdings has reported its financial results for the fourth quarter and full year of 2023, highlighting a modest revenue increase and a slight reduction in operating and net losses compared to the previous year. The company’s CEO, Haim Siboni, noted significant progress in AI-based technologies, including successful proof of concept projects with major vehicle manufacturers and strategic collaborations for its Eye-Net subsidiary. Despite these advancements, the company remains focused on long-term growth through its innovative solutions in the mobility and transportation sectors.
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