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Hyundai Cradle Invests


Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, today announced it is investing in Perceptive Automata to develop artificial intelligence software for self-driving cars and automated systems. Perceptive Automata, a startup based in Somerville, Mass. with an office in Silicon Valley, has developed software that gives autonomous vehicles the ability to understand …

Hyundai Cradle Invests

Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, today announced it is investing in Metawave Corporation to build intelligent radars for autonomous vehicles. Hyundai is closely evaluating new technologies, such as Metawave’s high-performance radar capable of 3-D imaging, for future autonomous platforms. “Next-generation radar technology can use advanced algorithms for object detection …