Volkswagen sets up its own AI lab as car industry looks to embrace the tech
Summary
German automaker Volkswagen has established its own artificial intelligence lab, the company said Wednesday, reflecting growing ambitions from the car industry to adopt the buzzy technology. In a press release, Volkswagen said that its new AI lab will serve as a "globally networked competence center and incubator" to produce proofs of concept in the field of the tech surrounding automotive innovations. We aim to link external digital ecosystems with the vehicle, creating an even better product experience," says Oliver Blume, CEO of the Volkswagen Group and Porsche AG. Volkswagen isnt planning on manufacturing any production models of its own, but the company intends to hold talks with partners about licensing its proprietary AI technology for use in their vehicles. Chinese electric vehicle giant BYD, meanwhile, launched an AI-powered smart car system to better compete with rivals on advanced technologies, such as automated parking.