New York prosecutors are expanding their investigation into former President Donald Trump, the WSJ reported. According to the report, prosecutors are examining loans Trump took out on his flagship properties. The investigation is led by Manhattan District Attorney Cyrus Vance.
Goldman Sachs is creating a JV focused on automotive tech, Bloomberg reported. Auto-tech companies have been part of a number of acquisitions and public listings in recent years. They include Amazon's acquisition of Zoox and Nikola's SPAC merger. Goldman Sachs is forming an investment-banking joint venture that will specialize in automotive technology, Bloomberg reported on Friday.
(TNS) - Cruise LLC clocked the most miles of any company testing self-driving vehicles in California in 2020, according to new reports from the state's Department of Motor Vehicles. Cruise, which is largely owned by General Motors Co., drove more than 770,000 miles last year, while rival Waymo LLC drove just under 629,000.
The good news is that the performance of autonomous vehicles from many well-known autonomous driving companies is improving. The bad news is that the measure for improvement is flawed, and that the most comprehensive source of information doesn't include data from many AV companies.
Look, you came to this site because you saw something cool. But here's the deal. This site is actually a daily email that covers the important news in business, tech, and culture. So, if you like what you're reading, give the email a try.
Baidu is the tech giant of China, spending 17% of revenue on R&D, 1 point north of Alphabet. Baidu stock price has significant upside potential, with three foreseeable catalysts.
Self-driving cars will change the world in countless ways. They hold the promise of riders being able to engage in other activities while in a vehicle, collisions and traffic deaths being significantly reduced, and the daily cost of travel dropping by as much as 80%.
Stay on top of transportation news: Get TTNews in your inbox.] Cruise clocked the most miles of any company testing self-driving vehicles in California in 2020, according to new reports from the state's Department of Motor Vehicles. Cruise, which is largely owned by General Motors Co., drove more than 770,000 miles last year, while rival Waymo drove just under 629,000.
California's Department of Motor Vehicles (DMV) yesterday released its annual Disengagement Report, which breaks down the number of times a human driver takes over control of an autonomous driving system being tested on the state's public roads. The DMV released reports for 29 companies for the period from December 2019 to November 2020.
Comprehensive Market Research Study 2021 on Global Intellgent Driving Market with Industry Statistics, Facts and Figures, Trends and Forecast by 2026. The Global Intellgent Driving Market report offers actionable data through the SWOT analysis, Porter's Five Analysis, Competitors Analysis, Products and Sales Analysis.
Unsurprisingly, there was much less autonomous vehicle testing in California in 2020 compared to years prior. The COVID-19 pandemic and ensuing lockdowns forced many AVs off the road in the early part of the year.
Zoox Smart Data ("Zoox"), an international provider of technological solutions that harnesses big data to build customer profiles from existing Wi-Fi networks, has announced a series of strategic partnerships that will provide more seamless access to its targeted advertising capabilities in Europe and Asia.
Washington state's video game industry ranked second nationally in economic impact, according to a study shared in December by the Entertainment Software Association. Many of the companies making video games are located on the Eastside.
SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ -- The global data collection and labeling market size is expected to reach USD 8.22 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 25.6% from 2021 to 2028.
The California Department of Motor Vehicles (DMV) has issued an Autonomous Vehicle Testing Permit (with a driver) to VinFast (a division of Vingroup). VinFast-a Vietnamese company (earlier post)-is the 57th company to be issued such a testing permit. Six companies have received a permit for driverless testing (Autox, Baidu, Cruise,...
Autonomous driving technology startup Pony.ai announced a $100 million extension to its Series C funding round today, bringing its total amount raised to more than $1 billion. The company is now valued at $5.3 billion, up from $3 billion in February 2020.
Download Free PDF Sample Brochure of report Global Robotaxi Market 2021 across with 99 Pages and in-depth TOC Analysis @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4105476 #Key market players - Waymo (Google) - Cruise (GM) - Argo AI (Ford) - Aurora Innovation Inc. (Incl. Uber ATG) - Motional (Hyundai and Aptiv) - Zoox (Amazon) - EasyMile (Continental) - NAVYA - Ridecell - Aurora Innovation Inc.
This article is part of our series that explore the business of artificial intelligence After weeks of confusion and contradictory news, it has almost become confirmed that Hyundai-Kia will start manufacturing Apple's mysterious self-driving electric vehicle at one of its factories in 2024. Or later. Or not at all.
Self-driving car startup Pony.ai today announced that it raised $100 million in an extension of its series C round. The funds bring the company's total raised to date to over $1 billion at a post-money valuation of $5.3 billion, up from $3 billion as of February 2020.
2020 was a great year for electric-vehicle startups looking for funding. But Arrival's president told Insider he believes the EV industry will begin to consolidate in 2021. The gap between the strongest and weakest players will become bigger and clearer this year, he said. Visit the Business section of Insider for more stories.