Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is laying off nearly 8% of its more than 1,800-member workforce today as it tries to reduce costs during the COVID-19 pandemic. The layoffs will affect employees in Cruise’s product, marketing and… Read More »
The race to advance and autonomous mobility and transportation is heating up. In recent years, the world has witnessed a revolution in the taxi industry with the emergence of ride-booking applications. Following the trend, various existing firms have updated their offerings by presenting new taxi booking applications. However, this hasn’t been enough for them. The… Read More »
One of the key qualities of a good driver is being able to anticipate and predict what others on the road might do. For example, what is the probability of another car merging into our lane or the cyclist in front of us making a left turn? The ability to accurately predict the intentions of… Read More »
Ouster, Inc. announced a partnership with Chinese robotics leader iDriverplus for autonomous cleaning and sanitation robots used to safely sanitize and disinfect potentially contaminated sidewalks and public areas. In February, after China entered into a state of emergency due to COVID-19, iDriverplus and Ouster partnered to outfit a fleet of robots with OS1-64 lidar sensors to help… Read More »
Autonomous vehicle companies such as Aurora, Zoox, and Waymo have resumed public road testing after pausing their operations during the pandemic.Read More Read the original article
Voyage has teamed up with FCA to accelerate Voyage’s deployment of fully driverless cars. Voyage has integrated its self-driving technology into a purpose-built Chrysler Pacifica Hybrid, developed specifically by FCA for the integration of automated technology. Building a self-driving car requires a deep connection between software and hardware, and both pieces need to be considered in tandem.… Read More »
Waymo has added an additional $800 million to the $2.25 billion funding round that it first announced in March, bringing the total size of the financing (its first from investors outside of Alphabet) to $3 billion. The extension comes from new investors including those managed by T. Rowe Price, Perry Creek Capital, Fidelity Management and… Read More »
Waymo has closed an extension of the financing round announced on March 2, in which funds and accounts advised by T. Rowe Price Associates, Inc., Perry Creek Capital, Fidelity Management & Research Company, and other external investors participated, bringing the total size of the round to $3 billion. As we continue to advance the World’s… Read More »
Self-driving vehicle startup Voyage said Monday that it has inked a deal with Fiat Chrysler to supply purpose-built vehicles, a partnership that will help accelerate its plan to launch a fully driverless ride-hailing service. Voyage, a three-year-old startup that tests and operates a self-driving vehicle service (with human safety operators) in retirement communities in California… Read More »
The Hyundai-Aptiv Driving Joint Venture has redeployed self-driving cars in Las Vegas to deliver food to families in partnership with Delivering with Dignity.Read More Read the original article