Torc Robotics acquiring Montreal-headquartered Algolux

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Torc Robotics — an independent Daimler Truck subsidiary that’s developing autonomous vehicles — has signed an agreement to acquire Montreal-headquartered Algolux. Algolux has expertise in computer vision and machine learning. “We’re thrilled to welcome Algolux to the Torc family,” said Peter Vaughan Schmidt, Torc CEO. “Algolux’s technology, at the intersection of deep learning, computer vision, […]

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