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Porsche Banks on AI Assisted Breakdown Start-Up

Porsche Banks on AI Assisted Breakdown Start-Up

German sportscar manufacturer Porsche is investing in a start-up that uses AI to rapidly provide breakdown and emergency assistance to consumers. Its investment arm, Porsche Ventures, has announced it is taking part in a $21M investment in Urgent.ly along with BMW i Ventures, InMotion Ventures and the venture capital division of Jaguar Land Rover.

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