Announced
Financials
Sources
Tags
Private
Friendly
artificial intelligence
Acquisition
self-driving vehicle research
United States
Auto Technology
Single Bidder
Synopsis
Uber Technologies acquires Mighty AI, a Seattle based IT company that builds vision models for autonomous vehicles. Financial terms were not disclosed. Uber will acquire Mighty AI’s intellectual property, tooling, tech talent, and labeling community. A little more than 40 employees from Mighty AI will join Uber at its Seattle engineering office, operating as a team within Uber’s self-driving division. Mighty AI clients include Samsung, Microsoft, Intel, Accenture, Siemens, and others. “I’m excited to pair Mighty AI’s platform and expertise in generating high-quality labeled data with Uber ATG’s world-class research and engineering to accelerate the development of self-driving technology,” Daryn Nakhuda, Mighty AI CEO.
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