Bosch plans USD340 million investment on artificial intelligence center

News
Artificial Intelligence

BCAI to employ 100 experts at its centers in Germany, India and US

Bosch is focusing on enhancing its expertise in the area of artificial intelligence (AI) to develop solutions for self-driving vehicles. At the ‘Bosch Mobility Experience’ event in Boxberg (Germany) on Tuesday (4 July), the supplier reiterated its plans to invest EUR300 million (USD340 million) in its Bosch Center for Artificial Intelligence (BCAI) over the next five years. The center will employ 100 experts at locations in Renningen (Germany), Bengaluru (India), and Palo Alto (United States). BCAI started operations in the beginning of this year.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload