Osram invests in driverless car AI company

Osram might be in the midst of an uncertain ownership change, but it’s conducting business as usual in that it continues to recast itself as a high-tech outfit. In its most recent example, it has invested in a Silicon Valley firm specializing in artificial intelligence (AI) for driverless cars. The company’s Fluxunit venture capital arm joined with other firms to place a combined $25 million round of Series A funding in Recogni, a San Jose, CA-based startup with operations in Osram’s home city of Munich.