Nexar and Nauto merge to form real-world AI platform
Nexar and Nauto have agreed to merge, creating an independent driving intelligence platform covering more than 300 million miles per month across 50-plus countries and ten billion miles of cumulative history. Nexar Chief Executive Zach Greenberger will lead the combined company; Nauto founder Stefan Heck will chair its board.
The merged entity will serve autonomous system developers, fleet operators and insurers with real-world driving data independent of any single OEM. For developers, the scale provides edge cases no single manufacturer can replicate; for fleet operators, it is designed to predict incidents before they occur and convert historical events into operational intelligence.
Financial terms were not disclosed. The transaction is subject to customary closing conditions.
In a statement, Greenberger said: “By bringing together Nexar and Nauto, we are building the world’s largest and most diverse independent foundation for real-world intelligence. For the first time, the organizations that build, deploy, and operate intelligent systems have a trusted, independent record of how the world actually behaves, not just how it has been simulated. That is what lets organizations ask the physical world questions and act on the answers.”
Heck added: “Every organization we work with needs the same three things: to understand what is happening right now, to learn from what happened before, and to predict and prevent what has not yet come to pass. For the first time, all three exist in one place. Together, Nexar and Nauto bring a scale and independence that turn those answers into decisions anyone can act on.”
Source: Nauto
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Originally posted on: https://www.automotiveworld.com/news/nexar-and-nauto-merge-to-form-real-world-ai-platform/