Artificial Intelligence: GM Buys Stake In UVeye For Its AI Vehicle Inspection Systems

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UVeye is an Israeli startup that uses sensors and AI in its vehicle diagnostic systems.

In a move to incorporate AI into the somewhat tedious and error-prone manual vehicle inspections, GM (NYSE: GM) has taken a stake in UVeye, an Israeli startup creating vehicle inspection systems that incorporate proprietary algorithms, cloud architecture, artificial intelligence, machine learning and sensor-fusion technologies. (CISION PR Newswire)

Automated vehicle inspections complete in mere seconds and are much more accurate than the manual systems mostly in use at auto dealerships.

GM’s venture arm

GM Ventures, the carmaker’s venture investment arm, invested an undisclosed amount in UVeye to advance the latter’s development and commercialization of its vehicle inspection technology.

GM Ventures strategically invests in startups focused on future automotive technology including for electric and hands-free mobility.

As a result of the tie-up, GM and UVeye will jointly work on vehicle-inspection technology projects involving used-car auctions, fleet operations and automotive dealership sales. In the future, UVeye plans to incorporate electric-vehicle and autonomous-driving platforms into its inspection databases as well.

“Providing real-time, consistent and accurate feedback to our customers will help us ensure they are getting the best performance out of their vehicle,” said John Roth, GM global vice president, Customer Care and Aftersales in a statement.

Amir Hever, UVeye’s CEO and co-founder, said the company’s systems benefited dealers, service technicians and customers.

“High-speed inspection equipment can serve as tools of empowerment for new- and used-car dealers,” Hever added.

Related Story: Skoda Car Maintenance And AI’s Growing Role

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