AImotive raises $38 million for self-driving car software

Europe’s AImotive has raised $ 38 million in a third round of funding for its software for autonomous cars.

Budapest, Hungary-based AImotive has specialized in making software that can take the data from autonomous car cameras and sensors and then identify pedestrians and other hazards for the artificial intelligence driving system to avoid. The company announced the news ahead of CES 2018, the big tech trade show in Las Vegas next week.

The new round of funding comes…

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