Alphabet’s Waymo valuation cut 40% by Morgan Stanley to $105 billion amid challenges in self-driving car market
Waymo, Alphabet’s self-driving car division, is taking longer than expected to develop a commercialized product, leading analysts at...
Read MoreSelf-driving startup Embark raises $70 million, opens freight transfer hubs for robot big rigs
Embark Trucks, a self-driving tech firm created by two twenty-something Canadian computer scientists, just landed $70 million in new...
Read MoreHyundai to set up $4 billion driverless car venture
Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a...
Read MoreThe self-driving truck startup that’s been quietly moving UPS loads just pulled in $120 million in fresh funding
One of the hottest startups in autonomous trucking just another cash boon. TuSimple, which is based in San Diego and Beijing, announced on...
Read MoreStanford grads ear $1 billion value for driverless trucks
Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll...
Read MoreWith new funding, startup Plusai set to unveil Level 2 driverless vehicles
Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll...
Read MoreDoorDash acquires autonomous driving startup Scotty Labs
DoorDash has been on an acquisition tear of late, with Scotty Labs as its latest target. Terms of the deal were not disclosed, but this...
Read MoreUK to invest £2 million autonomous vehicle cybersecurity
Centre for Connected and Autonomous Vehicles (CCAV) has joined hands with Zenzic and Innovate UK, part of UK Research and Innovation to...
Read MoreTier IV raises $9M from Quanta Computer to develop reference model for ECUs for autonomous driving
Tier IV, Inc. has raised about $9 million from Quanta Computer, Inc. in a Series A extension round following the previous $100+ million...
Read MoreVoyage snags $31 million as it targets a self-driving niche: retirement communities
Voyage, a Silicon Valley self-driving vehicle startup focused on using the technology to provide transportation at retirement communities,...
Read MoreRecogni raises $25 million for power-efficient autonomous car inferencing
RK Anand — along with Ashwini Choudhary, Eye-Fi founder Eugene Feinberg, former Lilium sensor systems engineer Gilles Backhus, and Valerie...
Read MoreVoyant Photonics raises $4.3M to fit lidar on the head of a pin
Lidar is a critical method by which robots and autonomous vehicles sense the world around them, but the lasers and sensors generally take...
Read MoreElon Musk is raising the price of Tesla’s ‘full self-driving’ feature by another $1,000
The price of a Tesla vehicle equipped with “full self-driving” is about to get more expensive, the second time in the past several months...
Read MoreLidar startup luminar raises $100 million in latest funding round, is working with 12 of the world’s largest automotive companies
Lidar startup Luminar Technologies announced a new $100 million investment and unveiled its new lidar platform called “Iris”...
Read MoreFord-VW alliance expands to include autonomous and electric vehicles
In a widely anticipated move, Ford and Volkswagen announced Friday their plan to expand their seven-month-old alliance to include...
Read MoreLidar startup Luminar raises $100 million, unveils Iris sensors
Luminar is a lidar startup that in 2017 emerged from five years of stealth with $36 million in funding. The early funds came from 1517...
Read MoreMinnesota College to house autonomous tech center
(TNS) — Northland Community and Technical College in Thief River Falls, Minn., has been awarded a $7 million National Science Foundation...
Read MoreGM’s self-driving unit is close to receiving a $2.25 billion boost
It took more than a year, but GM’s self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to...
Read MoreTier IV raises over $100 million to develop open source software for driverless cars
Tier IV, a Japan-based driverless car software maintainer and provider, this week announced the closure of a round north of $100 million...
Read MoreUPDATE 1-Car parts group Valeo announces 500 mln euros of orders for its ‘Lidar’ sensors
PARIS, July 4 (Reuters) – French car parts company Valeo has won 500 million euros ($564 million) worth of orders for its ‘Lidar’...
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