Torc to Acquire Computer Vision Company Algolux


Autonomous Trucks

ARTICLE SOURCE

Algolux software is currently operating on initial Freightliner Cascadia test vehicles and is being included in areas of Torc's software development efforts. “Algolux’s technology, at the intersection of deep learning, computer vision, and computational imaging, will help Torc strengthen key capabilities toward our commercialization of Level 4 autonomous trucking," said Torc CEO Peter Vaughan Schmidt in a press release. The acquisition brings together Algolux’s end-to-end AI stack, from photons to behavior, with Torc’s pioneering autonomous technology, according to Algolux's chief technology officer. 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. Algolux software is currently operating on initial Freightliner Cascadia test vehicles and is being included in areas of Torc's software development efforts.