Autoconcern Stellantis bought AI service CloudMade with Ukrainian development team

The Stellantis automotive concern (which includes 18 brands, including Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot) has acquired the CloudMade service of the Star company. The team of developers is based in Ukraine.

The amount of the deal is not disclosed. According to some data, we are talking about tens of millions of dollars. However, it is known that under the terms of the deal, Stellantis acquired the artificial intelligence system, machine learning models, intellectual property rights, and patents of CloudMade - a developer of intelligent and innovative automotive solutions based on big data.

Along with the intellectual property, the entire project team - 44 employees, almost all of them from Ukraine, is transferring to Stellantis. According to preliminary data, the Ukrainian team will be retained, but no expansion is planned.

Stellantis states that this acquisition will contribute to the medium-term development of the STLA SmartCockpit and strengthen the company's software strategy outlined in Dare Forward 2030.