Zinger Key Points
- Stellantis partners with Mistral AI to enhance in-car AI assistants and vehicle technology.
- AI-driven assistant enables natural language interactions for improved customer experience.
Jeep Maker Stellantis N.V. STLA shares are trading higher after the company boosted strategic partnerships with Mistral AI to expand the use of artificial intelligence across various functions, including vehicle engineering and in-car technology.
By leveraging Mistral AI’s expertise in large language models and AI automation, the collaboration aims to enhance data analysis, optimize development processes, and improve customer engagement across Stellantis’ operations.
Stellantis and Mistral AI are collaborating to develop an AI-driven in-car assistant that enables drivers to communicate with their vehicles using natural language.
This intelligent assistant acts as an interactive, voice-enabled user guide, allowing customers to ask about vehicle functions, troubleshoot issues, or understand warning indicators while receiving instant, conversational responses.
This initiative builds on more than a year of joint AI-driven projects focused on enhancing customer experience, product innovation, and manufacturing efficiency.
Read: Jeep Maker Stellantis Unveils Organizational Overhaul; Stock Dips
Ned Curic, Stellantis Chief Engineering & Technology Officer, said, “There are many players in the AI space, and we’re particularly happy to partner with Mistral AI for its strong ability to adapt quickly and drive meaningful results in a highly collaborative way.”
“Together, we are exploring AI’s potential across several domains to enhance our product development, customer experience and deliver real benefits.”
Arthur Mensch, Mistral AI CEO and Co-Founder, stated, “Stellantis’ bold approach to technology, and its ability to integrate advanced AI into real-world driving experiences make it an ideal partner to showcase how Mistral AI’s versatile solutions can reinvent mobility and empower engineers in their work.”
Last month, Stellantis said it expects global total shipments to decline 9% year-over-year to around 1.395 million units for the fourth quarter of 2024.
Also, the company makes plans to make major structural changes to improve decision-making and execution across the company.
Stellantis will release its 2024 results on Wednesday, February 26, 2025.
Price Action: STLA shares are up 1.39% at $13.12 premarket at the last check Friday.
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