Cyngn Inc., a provider of AI-driven autonomous driving solutions tailored for industrial uses, has made significant strides in addressing the persistent labour shortage challenge. In an August 2023 Forbes report, the spotlight was on Cyngn’s ground-breaking initiative, as the company joined forces with Arauco, a prominent entity in the wood and pulp products sector. This partnership underscores Cyngn’s inventive strategy to combat the labour shortage crisis by implementing autonomous forklifts in conjunction with Arauco.
Labour shortages have been a major concern across various industries, and the logistics and manufacturing sectors have been hit particularly hard. Cyngn, known for its cutting-edge autonomous technology solutions, has stepped in to provide a game-changing solution to this problem that the US Chamber of Commerce emphasizes would persist with approximately 3.5 million jobs remaining unfilled even if every unemployed person in the country found a job.
As told to Forbes, Cyngn CEO, Lior Tal, characterizes DriveMod as an artificial intelligence tool with revolutionary capabilities like ChatGPT. DriveMod uses artificial intelligence and sophisticated software to transform industries that hinge on production and movement of goods, just as ChatGPT is revolutionizing industries that hinge on communication.
Arauco recognized the opportunity to optimize its operations amid the labour shortage, and Cyngn’s expertise in autonomous technology made it the perfect partner to address this challenge. Together, the companies have embarked on a journey to integrate driverless forklifts into Arauco’s operations, culminating in a 100-unit DriveMod Forklift pre-order.
Cyngn’s collaboration with Arauco to deploy driverless forklifts is a significant step toward addressing the labour shortage crisis. By embracing innovation and automation, these companies are not only future-proofing their operations, but also setting a precedent for other industries to follow suit. As the partnership between Cyngn and Arauco continues to evolve, we believe, so will the transformative impact of autonomous technology on the world of logistics and manufacturing.