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The latest announcement is out from Elliptic Laboratories AS ( (DE:EIP) ).
Elliptic Labs announced the deployment of its AI Virtual Smart Sensor Platform on four new smartphone models in May 2025, including the Xiaomi Civi 5 Pro and three models from vivo. This brings the total number of smartphone models launched with their technology to 24 for the year. The company’s AI Virtual Proximity Sensor, a software-only solution, offers robust proximity detection without the need for dedicated hardware, reducing device costs and eliminating sourcing risks. This advancement highlights Elliptic Labs’ commitment to shaping the future of technology by enhancing device intelligence and user experience.
More about Elliptic Laboratories AS
Elliptic Labs is a global AI software company headquartered in Norway, specializing in AI Virtual Smart Sensors that enhance user experiences by providing contextual intelligence to devices. Their technology, deployed in over 500 million devices, uses proprietary deep neural networks to improve personalization, privacy, and productivity across various devices and platforms. The company is listed on the Oslo Stock Exchange and has a presence in the USA, China, South Korea, Taiwan, and Japan.
YTD Price Performance: 6.30%
Average Trading Volume: 234,231
Current Market Cap: NOK1.17B
See more data about EIP stock on TipRanks’ Stock Analysis page.