AI chip company Kneron raises $49M to scale up its commercial efforts
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49...
Read MoreFernride CEO Hendrik Kramer shares the significance of the autonomous electric trucking company’s $50M raise
Today German autonomous electric trucking innovator Fernride announced a $19 million increase to its Series A funding, bringing the total...
Read MoreCost rises to $65 million for kick-off phase of “driverless” shuttles in Jacksonville
The cost of building a high-tech corridor for “driverless” shuttles on part of downtown Jacksonville’s Bay Street went...
Read MoreConigital accelerates self-driving vehicle plans after £500m fundraise
British driverless vehicle company Conigital has secured £500m backing from investors in its Series A+ funding round, with proceeds from...
Read MoreAI supercomputer could boost Tesla’s valuation by $480bn, City predicts
Tesla shares have surged after a Wall Street bank predicted that the electric car company’s value would rise above $1.2 trillion (£958bn)...
Read MoreWeRide: Autonomous Driving Super Unicorn Approved for U.S. IPO, Valued at USD 5.1 Billion
Guangzhou-based WeRide Inc., a self-driving super unicorn company valued at USD 5.1 billion (about RMB 37.2 billion), has been granted an...
Read MoreElon Musk’s $300 Million AI Computing Cluster for Autonomous Vehicles
Tesla is set to launch a massive $300 million AI computing cluster equipped with 10,000 Nvidia H100 GPUs, surpassing the capabilities of...
Read MoreTesla’s China rival XPeng buys ride-hailing giant Didi’s smart EV assets for $744M
Chinese electric vehicle upstart XPeng is acquiring the smart EV assets of ride-hailing giant Didi for $744 million, marking another...
Read MoreGM Stock Value Plunges 7 Percent During Week Of August 7 – August 11, 2023
The value of GM stock decreased during the week of August 7th to August 11th, 2023. Shares closed the week at $33.89 per share,...
Read MoreAutonomous electric truck startup Fernride raises $31 million in Series A funding
Fernride, a German autonomous, electric trucking company, has secured $31 million in Series A funding to accelerate the transition towards...
Read MoreLAZR Stock Alert: Luminar’s AI Push Will Revolutionise Self-Driving Cars
As the artificial intelligence boom has progressed, companies have shifted focus and resources to the technology that can make autonomous...
Read MoreRoad safety revolution: €5 million for Easyrain fuels wet road solutions
Italian start-up, Easyrain, has secured a €5.8 million capital increase to launch the Digital Aquaplaning Information (DAI) software,...
Read MoreBuying and selling in autonomous trucking developer Aurora Innovation
In a week that saw the field of viable autonomous trucking developers shrink again — more on Waymo Via waving buh-bye for now below —...
Read MoreTesla investors baulk at margin loss as Musk touts self-driving future
Elon Musk’s bet to sacrifice margins now for improved margins later when full self-driving software is completely integrated into...
Read MoreThis is how GM stock could make you richer in 20 years
General Motors (GM -1.69%) is well-known for making massive SUVs and trucks, and it’s made good money loading those vehicles up with...
Read MoreSpace Florida awards grant to GUIDENT and NOVELSAT for satellite-based Remote Monitor and Control Solution for autonomous vehicles
BOCA RATON, FL, EXPLORATION PARK, FL & RA’ANANA, ISRAEL, June 16, 2023 (GLOBE NEWSWIRE) — Guident, a leading autonomous...
Read MoreTesla’s valuation could soar by another $150 billion thanks to the rise of the robo-taxi, RBC says
Tesla’s market capitalization could soar by over $150 billion thanks to a looming surge in demand for robo-taxis, according to RBC...
Read MoreFernride nudges yard trucks toward full autonomy with $31M in new funds
Fernride has figured out a way to launch a commercially viable autonomous, electric truck business today. The secret? Not driving on...
Read MoreLeddarTech, a disruptive automotive software provider, to become a public company via business combination with Prospector Capital Corp.
QUÉBEC CITY, June 13, 2023 (GLOBE NEWSWIRE) — LeddarTech Inc.® (“LeddarTech” or the “company”), an automotive software company that...
Read MoreCathie Wood says robotaxi revenue is headed toward $4 trillion — 2 growth stocks to buy now
Cathie Wood is the CEO and founder of Ark Invest, an asset management company focused on disruptive technologies like DNA sequencing,...
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