Autonomous and electric truck company Einride raises $500M in equity and debt
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets...
Read MoreAutonomous driving startup Hyperview secures round B financing
Hyperview, an autonomous driving startup in China, announced on November 28 that it had completed the B round of financing worth several...
Read MoreBetter semiconductor stock: Mobileye vs. Nvidia
Mobileye (MBLY 0.31%) and Nvidia (NVDA -1.51%) represent two very different ways to invest in the semiconductor sector. Mobileye, which...
Read MoreXiaomi-backed ZongMu Technology aims to raise 2 billion yuan via IPO in Shanghai
Beijing (Gasgoo)- China’s autonomous driving company ZongMu Technology saw its IPO application officially received by the Shanghai Stock...
Read MoreStellantis acquires autonomous driving software startup aiMotive
Stellantis, the parent company of the Jeep and Chrysler brands, is acquiring autonomous driving software startup aiMotive as the automaker...
Read MoreInvestor TCI urges Alphabet to cut excessive headcount, costs
Nov 15 (Reuters) – Activist investor TCI Fund Management has called on Alphabet Inc (GOOGL.O) to cut costs by lowering its headcount...
Read MoreAV development at Carteav to ramp up following US$6.5m investment
Autonomous low-speed vehicle company Carteav has closed equity investment funding of US$6.5m. The investors include automotive industry...
Read MorePan-port autonomous driving solution provider SENIOR closes A+ financing round
Beijing (Gasgoo)- China’s pan-port autonomous driving solution provider Senior.auto (SENIOR) announced on November 14 the completion of...
Read MoreGAC Capital leads C2 financing round of autonomous driving startup Holomatic
Beijing (Gasgoo)- China’s autonomous driving solution developer Holomatic announced this week the completion of its C2 financing round,...
Read MoreLyft takes $135.7 million hit on Argo AI shutdown
Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which...
Read MoreAurora says it has enough cash to commercialize autonomous trucks in 2024
Aurora Innovation said Wednesday it will have enough money to continue to develop its autonomous vehicle technology until mid-2024 just...
Read MoreIs Mobileye stock a buy now?
Mobileye (NASDAQ: MBLY) went public again on Oct. 26 after spending the past five years as a subsidiary of Intel (NASDAQ: INTC). The...
Read MoreMobileye is seeking autonomy from Intel at all costs
The largest Israeli IPO was launched yesterday as Mobileye submitted its updated prospectus with the full figures prior to beginning its...
Read MoreIntel’s Mobileye seeks drastically lower $16 bln valuation in IPO
Oct 18 (Reuters) – Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public...
Read MoreAI and the future of mobility: 3 stocks to consider
Thanks to the advent of advanced computing technologies, programmers and engineers have not only forwarded multiple artificial...
Read MoreSelf-driving tech startups are driving off a cliff on public markets
A few years ago, public market investors sometimes lamented the lack of opportunities to directly invest in future-shaping technologies...
Read MoreMobileye IPO: Should you buy?
Investors have been waiting almost a year for Intel (INTC -1.93%) to file the paperwork to spin off its autonomous vehicle technology...
Read MoreHyundai to spend $12.6B on software-defined vehicles
TOKYO — Hyundai Motor Group says it will invest billions of dollars into developing software in a move to speed product development and...
Read MoreIntel’s self-driving company Mobileye files for an IPO
Intel’s self-driving technology firm Mobileye has filed for an initial public offering (IPO), according to a filing with the Securities...
Read MoreInvestors bank on China’s alternatives to Nvidia’s auto chips
In China, a crop of homegrown chip companies has popped up as Beijing strives to decouple from America’s advanced technology and manage...
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