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Self-driving Vehicles

Uber and scores of VCs are investing millions into trucking innovation — but little is going toward self-driving trucks, despite the hype around them. Here’s why. Self-driving Vehicles

Uber and scores of VCs are investing millions into trucking innovation — but little is going toward self-driving trucks, despite the hype around them. Here’s why.

Technologists and big spenders in America's $800 billion trucking industry are investing in new types of trucking software — but not much in self-driving trucks.That's because the likelihood that self-driving trucks will be realized in the coming decade is diminishing further and further, making it a lesser focus for big…
bubmag
March 7, 2020
FiveAI raises $41 million to commercialize its self-driving technology Self-driving Vehicles

FiveAI raises $41 million to commercialize its self-driving technology

Five has raised $41 million in venture capital as the startup seeks to turn the self-driving research it has conducted into commercial products and services. The U.K.-based startup has created a technology stack to power autonomous vehicles. The company uses AI and machine learning that would let cars use simpler…
bubmag
March 4, 2020
Google’s self-driving biz Waymo eyes expansion with $2.25B cash injection Self-driving Vehicles

Google’s self-driving biz Waymo eyes expansion with $2.25B cash injection

In a blog post yesterday, Alphabet‘s self-driving project, Waymo, announced it has secured $2.25 billion in its latest funding round. Most of the cash came from external investors, it’s also worth noting this is the first time the company has welcomed external investment. Investors included VC firm Andreessen Horowitz, auto…
bubmag
March 3, 2020
77 autonomous vehicles drove over 500,000 miles across Beijing in 2019 Self-driving Vehicles

77 autonomous vehicles drove over 500,000 miles across Beijing in 2019

Hot on the heels of the California Department of Motor Vehicle’s annual autonomous vehicle disengagement report, Beijing’s Innovation Center for Mobility Intelligent (BICMI) published its 2019 survey of self-driving vehicles being tested on local roads. Beyond Pittsburgh, Pennsylvania, Beijing is one of the few cities globally to mandate autonomous car…
bubmag
March 3, 2020