Pirelli buys 30 percent stake in AI company Univrses
Pirelli acquired the stake to integrate computer vision into its Cyber Tyre system. The deal aims to enhance road safety and autonomous driving capabilities.
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PIRELLI & C SPA acquired a 30% stake in Sweden tech firm Univrses on Wednesday afternoon to integrate AI computer vision into tyres. The deal includes an option for the Italy-based manufacturer to reach a majority stake in the future. This investment accelerates Pirelli's transition into a data provider for autonomous driving and smart road infrastructure.
