Cost 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,...
Read MoreWhy Aurora Innovation stock is skyrocketing this week
Shares of Aurora Innovation (AUR 11.16%) are soaring this week. The self-driving vehicle technology expert saw stock prices rise 43.1%...
Read MoreIntel to sell $1.5 bln stake in Mobileye
June 5 (Reuters) – Intel Corp (INTC.O) is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in...
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