Announced
Synopsis
Stellantis, a multinational automotive manufacturing corporation formed in 2021 on the basis of a 50–50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group, agreed to acquire aiMotive, a developer of advanced artificial intelligence and autonomous driving software. Financial terms were not disclosed. "Acquiring aiMotive’s world-class artificial intelligence and autonomous driving technology is an important contribution to becoming a sustainable mobility tech company. aiMotive’s class-leading expertise and startup spirit will accelerate our journey to deliver our Dare Forward 2030 goals," Yves Bonnefont, Stellantis Chief Software Officer.
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