JGC Corporation, through its JGC MIRAI Innovation Fund, has invested in Turing Inc., a startup focused on developing fully autonomous vehicles powered by generative AI technology.
Target Company Information
Turing Inc., a startup dedicated to the development of fully autonomous vehicles, has received investment through the JGC MIRAI Innovation Fund, a corporate venture capital (CVC) fund co-managed by JGC Corporation and JGC Holdings Corporation, led by CEO Masayuki Sato. Turing's mission is to 'Overtake Tesla,' and it focuses on utilizing advanced AI technology to enable vehicles to make real-time driving decisions solely based on data acquired from cameras.
Turing is employing an end-to-end (E2E) approach to automated driving, leveraging its unique multimodal generative AI, 'Heron.' This system is designed to handle ethical dilemmas and situations not previously encountered in driving data, aiming for the highest level of automation—Level 5—where vehicles operate autonomously in all environments.
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Industry Overview
The autonomous vehicle industry is rapidly evolving globally, with the U.S. SAE (Society of Automotive Engineers) categorizing automation levels from 0 to 5. Level 5 signifies full automation, where vehicles can operat
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JGC Holdings Corporation
invested in
Turing Inc.
in 2024
in a Corporate VC deal