Adds bullet on Italy's curbs on Chinese shareholder Sinochem
April 29 (Reuters) - Italian tyremaker Pirelli PIRC.MI on Wednesday signed a partnership deal with Swedish company Univrses and acquired a 30% stake in the firm, with an option to reach a majority stake, to integrate AI-based computer vision technologies into its Cyber Tyre system, the companies said in a joint statement.
The agreement combines Univrses' 3DAI technologies with Pirelli's sensor-equipped tyre system to enhance vehicle safety and autonomous driving capabilities while providing real-time road infrastructure monitoring data to authorities.
Deal integrates Univrses' computer vision AI into Pirelli's Cyber Tyre platform for enhanced road monitoring and autonomous driving applications
Cyber Tyre system collects data from sensors inside tyres and communicates in real time with vehicle electronics and cloud systems
Univrses' 3DAI Engine provides autonomous vehicles with 3D positioning, mapping, and spatial deep learning capabilities
Technology aims to help road authorities make better resource deployment decisions and potentially reduce road accidents
Pirelli and Southern Italian Puglia Region launched road network monitoring project in 2025 using both companies technology
The two companies did not disclose the financial details of the deal
Pirelli has been embroiled in a governance spat between its Italian and Chinese shareholders, due to concerns that the company may fall victims to U.S. rules restricting the use of Chinese technologies in the automotive sector
Italy imposed, earlier in April, curbs on China's Sinochem 600500.SS to avoid US restrictions on Pirelli
(Reporting by Romolo Tosiani in Gdansk, Giulio Piovaccari in Milan; Editing by Matt Scuffham)
((Romolo.Tosiani@tr.com))