Hyundai Backs Artificial Intelligence Startup Allegro.AI
Allegro.AI offers an AI management platform intended to streamline development processes with a special focus on computer vision
Founded in 2016, Allegro.AI is based in Ramat Gan, a town in the Tel Aviv area. In April, it announced it has raised $11 million in a series A funding round from investors including Samsung and Robert Bosch GmbH. As part of the agreement, Allegro.AI’s deep learning technology will be integrated into Hyundai’s products, the companies said.