Stellantis (STLA) Acquires CloudMade's AI Technologies & IP

Stellantis N.V. (STLA) announced the acquisition of artificial intelligence (“AI”) and machine learning technology, intellectual property (“IP”) rights and patents of CloudMade. This U.K.-based company designs, develops and deploys software solutions to original equipment manufacturers around the world.The transaction will support STLA SmartCockpit’s mid-term development and its software strategy outlined in Dare Forward 2030.By 2030, Stellantis aims to generate $22 billion in annual revenues through softwa ...