SoftBank to shun Tesla deal as it focuses on ridesharing, autonomous vehicles
Speculation about who may or may not finance Tesla CEO Elon Musk’s audacious plan to take the carmaker private is distracting dealmakers...
Read MoreLuxoft acquires autonomous drive and connected mobility specialist Objective Software GmbH
Luxoft Holding, Inc (NYSE:LXFT), a global IT service provider, announces the acquisition of Objective Software GmbH, a provider of...
Read MoreScale raises $18 million to label data from autonomous car companies like Lyft and Embark
Autonomous cars need data. Lots of data. According to research conducted by the Rand Corporation, they’ll have to drive hundreds of...
Read MoreKodiak Robotics raises $40M for self-driving trucks
Kodiak Robotics has emerged from stealth mode and raised $40 million in Series A funding to develop technology for self-driving trucks....
Read MoreAptiv posts solid Q2 and remains a top driverless-vehicle stock
Aptive, which is positioned to help develop the next generation of vehicle safety solutions, driverless vehicles, and ways vehicles...
Read MoreRideOS raises $25M to become the traffic control center for self-driving cars
A mere sprinkling of autonomous vehicles exist in a few dozen cities today. A smattering in San Francisco and Silicon Valley. A dusting in...
Read MoreSpending on future tech eats into BMW quarterly profit
Net profit at BMW fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and...
Read MoreBaidu Q2 revenues surge with Apollo blooming development
Chinese Internet giant Baidu achieved a blooming second quarter with revenues surging 32% year on year to RMB 26 billion and net profits...
Read MoreWinners revealed in Govt £12.1m autonomous vehicle giveaway
The Government has announced the winners of a collaborative R&D competition for connected and autonomous vehicles (CAVs), with £12.1m...
Read MoreAutonomous-car tech investment skyrockets on SoftBank deals
Private investment in autonomous-vehicle companies soared in the second quarter to more than in the last four years combined, according to...
Read MoreForesight Autonomous Holdings Ltd. FRSX (tase:FRSX) looks to lead autonomous vehicle race with merger and series of private placements
Well positioned to take advantage of the upcoming autonomous vehicle boom is Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE:...
Read MoreDaimler obtains 11-billion-euro loan to boost electric- and autonomous vehicle development
Daimler AG has secured a new credit line of over 11-billion euros (12.9 billion US dollars) to boost its electric- and autonomous vehicle...
Read MoreCanadian insurer backs autonomous car startup in Florida retirement community
There’s a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride....
Read MoreNavigation startup for self-driving cars nabs $80 million
Chinese smart location and mapping service startup Wayz.ai, that builds high-definition real-time maps for self-driving cars, has raised...
Read MoreAutonomous firm Embark raises $30 million
Autonomous truck developer Embark Trucks raised $30 million in a funding round led by Sequoia Capital, a Silicon Valley-based venture...
Read MoreVolvo Cars IPO draws lower valuations in initial feedback
Initial investor feedback has valued Volvo Cars far below owner Zhejiang Geely Holding Group Co.’s top-end estimates for a potential...
Read MoreCisco and UCL plan to build a £77m AI research centre
Cisco is set to pump $100 million (£76.8 million) into building one of the world’s largest AI research centres with University...
Read MoreMichigan makes a new bid to dominate the autonomous age
The State of Michigan is beefing up its investment in autonomous vehicle technology in a bid to remain a leader in transportation and...
Read MoreNavya extends offering period of its IPO
Announced on Friday offering period of international offering will be extended by two trading days, being until July 23, 2018 at 1.00 p.m....
Read MoreRobot truck upstart embark hauls in $30 million to take on Waymo and Uber
Silicon Valley VC firm Sequoia Capital leads a $30 million Series B round for the San Francisco-based company, boosting total funding to...
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