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00:02Ford Motor launched a new artificial intelligence system called Ford Pro AI for its commercial
00:07vehicle business as the company seeks to expand profits and software revenue, according to CNBC.
00:13The system analyzes more than 1 billion data points each day from connected vehicles,
00:18including seatbelt use, vehicle health, route optimization, and fuel consumption.
00:22Ford said the tools are designed to increase efficiency, improve productivity,
00:26and reduce vehicle downtime for its 840,000 paid commercial subscribers.
00:32The company grew pro subscribers by 30% last year.
00:35Kevin Dunbar said Ford Pro AI is designed to increase vehicle uptime,
00:40productivity, and cost efficiency while shaping the future of fleet operations.
00:44Ford CEO Jim Farley said expanding Ford Pro software and service offerings is a key growth priority
00:50and that those businesses are nearing a target of 20% of the unit's earnings.
00:54For all things money, visit Benzinga.com.
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