2024
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12
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25
JIC Venture Growth Investments has acquired shares in Turing Inc. (Turing) through its JIC Venture Growth Fund 2.
Turing is a pioneering startup specializing in End-to-End (E2E) autonomous driving systems, which rely solely on data captured from cameras. Using AI, these systems seamlessly control steering, acceleration, and braking. Compared to traditional approaches, Turing’s solution is simpler, more efficient, and designed to achieve fully autonomous driving.
This investment supports the advancement of E2E autonomous driving technologies, strengthening industrial competitiveness in the AI sector. These advancements are expected to reduce traffic accidents, enhance transportation efficiency, and improve overall convenience, driving the transition to a next-generation mobility society.
The funding will accelerate Turing’s development of innovative technologies, bringing the company closer to realizing fully autonomous, steering-wheel-free vehicles.
The information contained in this notice is current at the time of publication and subject to change without notice.
