Volkswagen introduces its new company ‘AI lab’

AI Lab will focus on forming partnerships with the technology industry

AI Lab is an artificial intelligence company by Volkswagen
AI Lab is an artificial intelligence company by Volkswagen

The Volkswagen Group launched a new artificial intelligence (AI) company called “AI Lab,”  stated Cointelegraph.

With insights from a press release from Volkswagen, the new company will be focused on forming partnerships with the technology industry and creating digital prototypes for its vehicles.

“We want to offer our customers genuine added value with artificial intelligence. We aim to link external digital ecosystems with the vehicle, creating an even better product experience. Collaboration with technology companies is crucially important for us. In the future, we intend to simplify cooperation in organisational and cultural terms,”  Oliver Blume, CEO, Volkswagen-Porsche, explained.

It is believed that further advances could include networking vehicles together when they travel on the same roads to enable collision avoidance and shared sensing, Cointelegraph concluded.

(With insights from Cointelegraph)

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This article was first uploaded on February two, twenty twenty-four, at forty minutes past ten in the morning.
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Market Data