Autonomous trucking: Daimler Truck subsidiary Torc reaches agreement to acquire Algolux for AI-based self-driving perception

“We’re thrilled to welcome Algolux to the Torc family,” says Peter Vaughan Schmidt, Torc CEO. Robust perception technology is key to helping Torc’s autonomous system correctly identify objects in difficult visual conditions such as low light, fog, or inclement weather. “This acquisition brings together Algolux’s end-to-end AI stack, from photons to behavior, with Torc’s pioneering autonomous technology. Add in a tightly integrated OEM truck platform and you have a dream scenario,” said Felix Heide, Algolux CTO. SOURCE: Daimler Truck