Nexar and Nauto merge to create real-world AI platform

The ten-billion-mile independent driving dataset could resolve the debate over whether real-world data or simulation should train autonomous systems, which Nexar and Nauto have agreed to merge with, creating an independent driving intelligence platform that covers more than 300 million miles per month in more than 50 countries and tens of billions of miles of cumulative history. Nexar Chief Executive Officer Zach Greenberger will lead the combined company; Nauto founder Stefan Heck will chair the board of directors. The combined entity will serve autonomous system developers, fleet operators and insurers with real-world driving data, independent of any OEM. Scale provides developers with edge cases that no manufacturer can replicate; It is designed for fleet operators to predict events before they happen and turn past events into operational intelligence. Financial terms were not disclosed. The transaction is subject to customary closing conditions. Heck added: “Every organization we work with needs the same three things: to understand what’s happening now, to learn from what’s happened before, and to predict and prevent what’s yet to happen. For the first time, we have all three in one place. Together, Nexar and Nauto bring scale and independence that turns those answers into decisions everyone can act on.”

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