Volkswagen teams up with Microsoft to create an automotive cloud

  Volkswagen wants to transform itself into a digital services-driven company – with the help of Microsoft. The German automaker has joined hands with the Redmond giant to develop the Volkswagen Automotive Cloud, which will aim to combine popular third-party applications to provide a seamless experience for drivers. The Volkswagen Automotive Cloud will be powered […]

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Porsche investing €150 million in startups – focusing on AI and blockchain technologies

  Porsche has announced it is increasing its total investment in venture capital activities by €150 million for the next five years. By making this move, the German automobile manufacturer intends to gain access to new technologies, trends and business models. Porsche Ventures, being a strategic investor, is aiming to invest in business models that […]

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Porsche Increases Investments in New Technologies With Focus on Blockchain and AI Startups

Porsche has announced it will invest $176 million over the next five years in new technologies, including blockchain and AI startups. German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to […]

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