When he sent out his sell alert to readers last Wednesday, it was trading at an EV/S ratio of 13.8. Since Jeff’s recommendation, Ambarella’s valuation hit his target of an EV/S ratio of 6… and then some. It tells you how much shareholders are willing to pay for every $1 in annual sales. The EV/S ratio is one of Jeff’s favorite ways to value tech companies. In a high-growth market, seeing a valuation multiple of 6 would not at all be unreasonable. Ambarella is trading at a reasonable enterprise-value-to-sales (EV/S) ratio of 4.5. Actions such as enabling the brakes to avoid a car accident.įor cars, airplanes, robots, or any other kind of machine that needs to operate in the real world – amongst humans and other moving devices – computer vision is an absolute necessity.Īs the market heats up for AI semiconductors, I believe we’ll see higher valuation multiples than we’re seeing today. It processes the visual inputs from its surroundings to infer and decide which actions to take. It’s how AI interfaces with the real world. Jeff added it to the model portfolio of our small-cap tech investing advisory, Exponential Tech Investor, in March 2019.Īs he put it at the time, you can think of computer vision as the “eyes of AI”…
PROJECT M COBALT LEGACY SOFTWARE
That’s made it a great way to profit from our self-driving future.Ĭomputer vision is how the artificial intelligence (AI) software that pilots self-driving cars interfaces with the real world. But it doesn’t manufacture (aka fabricate) the silicon wafers it uses in them.Īnd it’s focused on specialist chips for image processing and computer vision. And I’ll show you two simple ways to profit as EVs replace the gas-guzzling cars that dominate the roads today.Īmbarella is a “fabless” semiconductor company. So today, I’ll break down those wins for you. And Dave Forest readers have had the chance to close out a 385% gain on an EV play in the commodities sector. Jeff Brown readers just had the chance to close out a gain of 340% on an electric vehicle (EV) play in the tech sector. And it’s been paying off big for our readers. This is the biggest change in transportation we’ve seen in our lifetimes. And soon they’ll drive themselves (although not with the same flair as my dad). Source: īut today, the world’s best cars have nothing to do with gasoline. The party will also launch ‘Jana Jagruthi Abhiyan’ from panchayat level to create awareness among the people and highlight the failure of governments.A BMW M3 like the one my dad drove. Shivakumar said the AICC had also announced the election schedule for its organisation for which membership drive has been taken up both online and offline. This is being done ahead of the anticipated polls to the BBMP in the next few months. The party also announced a membership drive involving state leaders in the BBMP limits from November 14. The meeting, according to sources, also deliberated on the ensuing poll to 25 seats in the Legislative Council from local bodies and BBMP elections. “The central government should give clearance first.”
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The padayatra is not being announced for elections.” He said Karnataka is free to start the project, and there is no legal or other hindrance. Siddaramaiah said: “There is no politics in Mekedatu as far as we are concerned. Refuting allegations that the Congress was politicising the Mekedatu issue, Mr. Though the Chief Minister is saying that the project will be implemented, it looks like he does not have the political will to do it.” Stating that Mekedatu was the State’s right, he said the padayatra is to bring pressure on both governments to start the project as early as possible. No other permission is required except environmental clearance. Shivakumar said: “During the Congress regime, we had completed all procedures and submitted them to the central government, which had accepted it. The announcement came after long deliberations involving senior Congress leaders, including Leader of the Opposition Siddaramaiah, during which the current political atmosphere was discussed. Anyone can join the padayatra,” KPCC president D.K. Modalities are being worked out and it will be shared soon. “It will probably be held in the first or second week of December. In a bid to bring pressure on the BJP-led State and Union Governments to begin the work on the Mekedatu drinking water project across the Cauvery, the Principal Opposition Congress on Sunday announced a padayatra from Mekedatu to Bengaluru in December.