Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 453

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 453
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 is to deploy autonomous driving intelligence at global scale to create lasting value for the commercial trucking ecosystem by enhancing safety and lowering the cost of freight transportation. We are executing this mission through partnerships with leading global truck manufacturers that integrate our AI‑powered virtual driver software directly into factory‑built trucks. This partner‑led model enables scalable deployment through trusted manufacturing and service channels, giving fleet operators a seamless path to autonomy and representing what we believe to be the most capital‑efficient route to bringing our technology to market.

PlusAI Introduction

PlusAI develops AI-powered virtual driver software that enables heavy-duty trucks to autonomously transport commercial freight on public roads without a driver in the vehicle. Our flagship product, SuperDrive, is designed to be integrated directly into factory-built trucks through partnerships with leading global original equipment manufacturers (“OEMs”).

Founded in Silicon Valley in 2016 by entrepreneurs with deep expertise in engineering, artificial intelligence, and machine learning, PlusAI adopted an AI‑native approach to autonomy early on, using advanced AI models in place of traditional rule-based code to enable scalable and adaptive self-driving technology. Our four founders have collectively founded and scaled six other technology companies, bringing a track record of successful execution in technology markets.

More than five million miles have been driven by vehicles equipped with PlusAI technology operating across the United States, Europe, and Asia, and generating a proprietary dataset that underpins our “driving intelligence” platform. This platform combines generative AI models, auto‑labeling, model distillation, and optimized in‑vehicle neural networks. SuperDrive is engineered to perform the complete driving task and continuously monitor its environment within the defined operational design domain (“ODD”) in which SuperDrive operates without requiring a human driver.

PlusAI is an autonomy partner to three major global OEMs—TRATON GROUP, IVECO, and Hyundai Motor Company—each of which is working with us to integrate SuperDrive into factory‑built autonomous trucks with a view towards deployment in the United States and/or Europe:

TRATON GROUP selected PlusAI as its global autonomy software partner in 2023 and is now progressing through joint testing, validation and fleet trials ahead of commercial deployment.

IVECO entered a joint development agreement with PlusAI in 2021 targeting the European market and began public road testing in 2023 with an IVECO S‑Way truck equipped with PlusAI’s autonomous driving technology.

Hyundai Motor Company began collaborating with PlusAI in 2024 to integrate SuperDrive into its Class 8 XCIENT fuel cell electric truck