By TipRanks
Publication Date: 2026-04-17 13:39:00
European-American automaker Stellantis (STLA), which is plotting a turnaround of its business, has secured a five-year artificial intelligence deal with tech giant Microsoft (MSFT) “to enhance customer experiences.” However, the news failed to cheer investors, with the auto giant’s shares trading flat on Thursday morning.
Microsoft and Stellantis on Thursday said they were expanding their long-standing relationship and plan to jointly develop more than 100 AI initiatives across sales, customer care, and operations. Both companies are aiming to work together to develop advanced AI, cybersecurity, and engineering capabilities.
The partnership comes as Stellantis slipped from profit to loss in 2025 after taking a €22 billion ($26 billion) charge to scale down its electric vehicle production efforts. The company had said it overestimated the pace of the energy transition and was out of touch with “many car buyers’ real-world needs, means, and desires.”
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