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Continental invests in object recognition start-up

Europe Materials 23 February 2021 12:58 (UTC +04:00)
Continental invests in object recognition start-up

German automotive parts maker Continental AG said on Tuesday it had acquired a minority stake in German-U.S. start-up Recogni, as it deepens its expertise in autonomous driving technology, Trend reports with reference to Reuters.

The start-up is working on a new chip architecture for object recognition in real time based on artificial intelligence, Continental said, adding that it expects chip architecture rollout production in 2026.

Financial details were not disclosed.

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