Xcite Automotive acquires Double4 AI, expanding AI capabilities in automotive industry

News
Artificial Intelligence

The acquisition introduces advanced AI features, enhancing buyer-seller engagement and operational efficiency, and expands Xcite's global presence with a new office in India.

Xcite Automotive, a provider of automotive technology services, offering solutions including professional photography, videography, 360-degree views, reconditioning and software platforms, has announced its acquisition of Double4 AI, a damage detection AI model that automatically identifies damage to cars, according to a press release dated Aug. 13.

Thank you for visiting S&P Global AutoTechInsight.

To get access to the AftermarketInsight full suite of services, please contact us by clicking here.

Already a subscriber? Please log in here.

preload preload preload preload preload preload