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Hyundai Motor to establish institute on AI research collaboration




In order to catch up with the recent trends in automobile industry, Hyundai motor Co have taken a crucial decision by making plans to establish an institute in Uiwang in South Korea that will work in areas like robotics, new materials and communications.

The institute will also be charged with the responsibility of spearheading the company's  artificial intelligence and also collaborate with the universities as well as other technology firms worldwide.

Read: The 5 hottest cars to expect in 2017.

Hyundai Motor Co said in a statement on Feb 21. That it will be seeking “open innovation” opportunities and secure talent from across the world.

This move by Hyundai shows that the company is ready to join the current trend of car manufacturing companies investing heavily in Artificial intelligence. Ford and Toyota Motor Corp have invested upto US$1b each in AI.

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