Sign up to receive 5 free days of our daily summary for tech news.

Autonomous Vehicles Uber/Lyft

Uber to Complete Acquisition of Mighty AI

Uber as soon as today expects to close its acquisition of Seattle-based “data annotation” firm Mighty AI in a bid to strengthen its self-driving car ambitions, the companies confirmed. The Information first reported on the deal last week. At least several dozen employees of Mighty AI are expected to join Uber’s self-driving car development unit—which has more than 1,100 employees—and remain in Seattle.

Mighty AI, by manually putting digital labels on data collected by autonomous vehicle sensors, helped developers train their computer vision algorithms to better identify objects on the road. Mighty AI was surpassed by Y Combinator-backed Scale API in terms of serving developers of robotaxis, The Information previously reported.

Jon Thomason, a vice president of software engineering at the Uber unit, said in a statement: “Training our AI at increasing pace is critical to scaling our self-driving technology, and I look forward to bringing Mighty AI’s technology together with our existing labeling automation expertise to help us move even faster.” Terms of the deal were not disclosed.

Related

0 Subscriber comments


Sign up for our weekly newsletter and 5 complimentary days of our daily tech news roundup.

Already a subscriber? Log in here