tiprankstipranks
Stellantis announces acquisition of CloudMade’s AI technologies, IP
The Fly

Stellantis announces acquisition of CloudMade’s AI technologies, IP

Stellantis N.V. announced the acquisition of the artificial intelligence, AI, framework, machine learning models and intellectual property, IP, rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions. The acquisition – as an asset deal – will support the mid-term development of STLA SmartCockpit and reinforces Stellantis’ software strategy outlined in Dare Forward 2030. “The acquisition of CloudMade’s pioneering AI capabilities will accelerate our development journey on STLA SmartCockpit and help us deliver our Dare Forward 2030 goals,” said Yves Bonnefont, Stellantis Chief Software Officer. “Thanks to this adaptable technology and leveraging our growing connected car parc, we will create intelligent mobility solutions faster and with more flexibility, to delight our customers with in-vehicle and mobile experience personalization.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on STLA:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles