Volkswagen has announced a €1 bn (£866mln) investment in artificial intelligence, pledging to make the technology central to how it designs and builds vehicles.
The German automaker unveiled the plan at the IAA Mobility event in Munich, saying AI will be used in «vehicle development, industrial applications and high-performance IT infrastructure.»
Hauke Stars, Member of the Board of Management for IT at Volkswagen Group, called the move a milestone:
«With artificial intelligence, we are igniting the next stage on our path to becoming the global automotive tech driver. AI is our key to greater speed...