Ride-hailing company Ola has got hold of Pikup.ai. It is an artificial intelligence startup that is basically based out of Bengaluru in the country. Pikup.ai was co-founded by Inder Singh and RitwikSaikiathat makes use of autonomous technologies like artificial intelligence, computer vision and sensor fusion to provides seamless AI-powered solutions for businesses. Pikup.ai will join Ola as part of the deal. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs.
Ankit Bhati, Co-founder & CTO, Ola said, “As we advance on our mission to build mobility for a billion people, we are investing in futuristic technology solutions that will shape the future of mobility in India and the world. We are very excited to welcome the Pikup.ai team to Ola and we look forward to co-creating innovative technology that will help redefine the mobility experience in the times to come.”
Ola is amplifying its focus on using advanced analytics and deep technology to build futuristic mobility solutions for India as well as the world. With the use of the application of machine learning and AI, it will make possible for the company to recognize deep insight that will be able to lead to enhanced mobility results.
Previously, this year Ola publicised its objective to set up an Advanced Technology Centre in the San Francisco Bay area that will focus on developing next-generation technologies in mobility such as Electric, Connected as well as Autonomous Vehicles. According to the company by bringing deep domain expertise to Ola, this acquisition will also deliver innovations that continue to improve safety and transform the customer experience.
Inder Singh, Co-founder Pikup.ai said, “Ola is one of the world’s most admired mobility platforms and has pioneered many innovations in mobility and beyond in such a short span of time. We are looking forward to joining Ola on its mission to build mobility for a billion people and are very excited about building meaningful technology solutions that have a deep impact on the lives of millions, every single day.”
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