Uber is looking to AI for help in developing its ride-hailing services (Photo: Uber)
(Bloomberg) --Uber Technologies Inc. agreed to buy startup Geometric Intelligence Inc. toÂ help the ride-hailing company create a new artificial-intelligence research lab.
The startup has 15 employees and isÂ developing new machine-learning techniques inspired by cognitive science that rely on less data.
Chief Executive Officer Gary Marcus, an author and professor of psychology and neural science at New York University, will head the new research effort, called Uber AI Labs.
The lab will report to Jeff Holden, Uber's chief product officer. It willÂ try to improve the algorithms Uber uses to match drivers with passengers, and seek new techniques for building self-driving cars.
An Uber spokesman declined to say how much the companyÂ spent to acquireÂ the startup.
Uber has invested heavily in self-driving cars. The San Francisco-based company has built a massive research operation in Pittsburgh. It hired professors from Carnegie Mellon University, an early hub for autonomous vehicle and robotics research.
This year, Uber bought autonomous trucking company Otto in a stock deal worth up to 680 million dlrs.
Uber already relies on artificial intelligence and machine learningÂ to improve the way prices respond to supply and demand, and to better match riders and drivers.
Calculations for UberPOOL, the company's carpooling product, can be particularly complicated asÂ the company has to match multiple passengers in different locations with the best-positioned drivers, updating calculations as their cars move around.