Automotive AI Features Struggle to Achieve Profitability
- Profitability Survey: A webinar by SBD Automotive revealed that only 18% of attendees reported their AI features as profitable, indicating significant challenges for automakers in monetizing AI tools, which could impact long-term investment returns.
- Ongoing Operational Costs: Each interaction with AI features incurs cloud computing costs, leading automakers to face continuous operational expenditures rather than one-time capital expenses, thereby increasing profitability pressure.
- Weak Market Demand: Nissan's JATCO unit has canceled plans to manufacture electric vehicle powertrains in Sunderland, UK, after slower demand for Nissan EVs in Europe, with a planned investment of £48.7 million ($65.39 million), further exacerbating industry uncertainty.
- Consumer Trust and Concerns: According to a survey by Cars.com, 44% of consumers used AI-powered car search tools, with 71% expressing trust in the information provided; however, 63% feared biased recommendations from AI tools, reflecting a complex consumer attitude towards AI.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0179 | 0.0222 | 0.0253 | 0.0296 | 0.0327 | 0.037 | 0.0401 |
| Fibonacci | 0.0222 | 0.025 | 0.0268 | 0.0296 | 0.0324 | 0.0342 | 0.037 |
About AI
About the author
