Alternative to Lidar? Startup Light raises $121M from SoftBank, Leica to expand to self-driving cars
In February, Dave Grannan, cofounder and CEO of imaging startup Light, flew to Tokyo to meet SoftBank’s Masayoshi Son for the first...
Read MorePeskin expands SF rideshare tax to include self-driving vehicle companies
A gross receipts tax on so-called “rideshares” in San Francisco for this November’s ballot — including Uber and Lyft — has been expanded...
Read MoreGM’s self-driving car unit could be worth $43 billion — nearly 4 times the valuation it received 6 weeks ago, RBC says
Cruise, the self-driving car company bought by General Motors in 2016, could be worth a whopping $43 billion, RBC Capital Markets...
Read MorePony.ai raises $102 million to deploy self-driving cars in Beijing
Pony.ai is riding the gravy train. Just months after it closed a $112 million funding round with Morningside Venture Capital, Legend...
Read MoreFormula One supplier sees IPO down the road with autonomous tech
Cosworth, the U.K. engineering company with roots making engines for Formula One racing teams, is speeding closer to an initial public...
Read MoreIPO Is first stop for GM self-driving unit
The automaker is contemplating strategic options for its Cruise autonomous vehicle unit including a public stake sale and a tracking...
Read MoreElectric vehicle startup Faraday Future secures $2 billion in funding
Financially troubled luxury electric vehicle startup Faraday Future (FF) confirmed a major investment this week, which will help keep...
Read MoreDriverless cars may cut traffic jams, not insurance premiums
Advent of driverless cars will not harm auto insurers but will lead to gradual shift in the type of auto insurance products being sold....
Read MoreUp to GBP30 million is available to UK businesses and research organisations to advance facilities for the development of self-driving vehicles
The Centre for Connected and Autonomous Vehicles (CCAV) – with Meridian Mobility and Innovate UK – has up to £30 million for...
Read MoreHexagon acquires AutonomouStuff for autonomous vehicle solutions
Founded in 2010, U.S.-based AutonomouStuff is developing turnkey platforms for autonomous vehicle development, robotics and data...
Read MoreSoftBank joins GM in self-driving car race; GM shares soar
Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on...
Read MoreU.S. spending plan include $100 million for autonomous cars research, testing
A spending bill unveiled on Wednesday night includes $100 million for a highly automated “vehicle research and development” program and...
Read MoreStart-up Roadstar.ai gets record US$128 million funding as autonomous car race with Baidu heats up
Self-driving technology start-up Roadstar.ai has raised US$128 million in its Series A funding round, marking the single biggest...
Read MoreOne way to get self-driving cars on the road faster: let insurers control them – MIT Technology Review
Data gathered by autonomous cars and shared with insurance companies could be used to keep the vehicles from taking undue risks....
Read MoreAurora raises $90 million as investors race into self-driving sector
Aurora, a year-old start-up led by the former head of Google’s self-driving car unit, has raised $90m in funding, in the latest sign that...
Read MoreSEEVA raises $2 million to help autonomous vehicle visibility systems see reliably in all conditions
SEEVA, the company designing visibility systems for mobility, today announced it has raised $2 million in seed funding to grow the SEEVA...
Read MoreThe road to autonomous vehicles: A look at insurance implications
Jones Day, April 18, 2017 As autonomous vehicles move toward mass implementation, businesses in this industry segment are studying product...
Read MoreAutonomous vehicles handing over control: Opportunities and risks for insurance
Lloyd’s of London, December 31, 2014 The insurance industry’s expertise in risk management will be a factor in the adoption of autonomous...
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