March 12 (Reuters) - U.S.-based vehicle software

supplier Applied Intuition has raised $250 million in its latest

Series E funding round, valuing it at $6 billion, the company

said in a statement on Tuesday.

The financing was led by Bilal Zuberi, general partner

at Lux Capital, angel investor Elad Gil, and Porsche Investments

Management, the sports car manufacturer's independent

subsidiary, the company said.

The company said it aims to use the financing to make

investments in generative artificial intelligence (AI).

"We want to further strengthen Porsche's expertise in the

field of software and customer experience," Lutz Meschke,

Porsche AG's chief financial officer said in a

statement.

The company's customer base includes Toyota Motor ( TM ),

Nissan ( NSANF ), and LG Electronics among others,

who use its services for the development of various software

systems, according to its website.

(Reporting by Gursimran Kaur in Bengaluru; Editing by Varun H

K)