Optimus Drive gathered almost $18M in a new series of funding that saw investors growing significantly fond of this new technology. The investment was led by Greycroft Partners, with contributions from Emerson Collective, Fraser McCombs Capital, and MIT Media Lab director Joi Ito. The 2 year old startup has now … Read the rest
Arbe Robotics, an Israeli startup developing a high-resolution radar system to help those vehicles detect and identify objects, has raised $9 million to help see itself to its first in-car trials in the next year or two. There are five of these trials in the works right now, according … Read the rest
- Nutonomy is a Singapore & Boston based startup that is deep into Autonomous vehicles.
- Delphi is one of the biggest manufacturers and the leading supplier of automobile parts and technology to Automotive companies. Their recent interest has been heavily into leading the Autonomous revolution.
Delphi acquires Nutonomy for $450 Million… Read the rest
Voyage, the self-driving technology company that spun out of Udacity earlier this year when some executives and students decided to commercialize their work, has been testing its autonomous vehicles in a retirement community in San Jose, and is looking to expand its trial. The large community has over 4,000 residents … Read the rest
After its recent acquisition of high end audio equipment manufacturer Harman International Industries Inc., Samsung Electronics is angling to become the go-to supplier of everything from in-car entertainment to connected-auto services. With the deal, Samsung hope to marry its fast microprocessor and software technology with Harman’s infotainment and vehicle systems … Read the rest
With discussions being in their early stages, Telecommunications group- Softbank is keen on funding autonomous vehicle startup Zoox. With Softbank openly admitting their interest in Zoox, the startup is also in talks with other unnamed potential investors.
Alongside a current valuation of more than $1.5 billion, sources say that Zoox’s … Read the rest
In a quest to make autonomous driving more safe, Israeli Startup; AdaSky believes it can resolve a major issue revolving around the concept of vision detection. The startup aims at solving this problem by, deploying thermal cameras to detect heat from pedestrians, animals and objects.
According to Reuters News, the … Read the rest
While most companies are focused on the core concept of developing autonomous cars, a few others seem to be exploring the opportunities with its counterpart i.e, The Taxi Services. One such company is a British Startup- FiveAI who have raised close to $18 million, in a series A round of … Read the rest
A latest inside report from Bloomberg, revealed that a total of 17 engineers working on Apple’s Project Titan have left for automotive startup Zoox. The decision came after Apple’s CEO Tim Cook revealed that the company would now rather focus on building advanced autonomous tech than build a fully … Read the rest
Silicon Valley-based Drive.ai announced Tuesday that, Andrew Ng has joined its board of directors. Ng was the chief scientist at Chinese tech giant Baidu until March, and previously founded and led the Google Brain project, an artificial intelligence effort. “This is one horse worth betting on,” Ng told CNN Tech. … Read the rest