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Hyundai backs start-up to bring deep learning to autonomous cars

IANS  |  Seoul 

Aiming to bring (DL) to autonomous cars, Center for Robotic-Augmented Design in Living Experience (CRADLE) on Tuesday announced a strategic investment in Israel-based allegro.ai that specialises in DL-based

"is one of the core technologies that can be applied to autonomous driving to navigate roads and make quick decisions in real-time and allegro.ai is clearly an in that field," Ruby Chen, at CRADLE Tel Aviv, said in a statement.

The start-up's platform simplifies the process of developing and managing such as autonomous vehicles, drones, security, and logistics among others.

"Our investment in allegro.ai is a further step in enhancing our presence in the Israeli market, a global leader of technological innovation in the fields of automation, AI and DL," he added.

The partnership is expected to speed up deployment of AI in the car-making major's many business areas.

"We are proud to with and share Hyundai's belief that AI empowers the industry to provide greater road safety, autonomy, to better understand customers' needs and to help broaden their experiences," said Nir Bar-lev, of allegro.ai.

Founded in 2016, allegro.ai offers the first end-to-end focused on as it applies to

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 14:10 IST
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