Future cities will almost certainly have fewer cars — but car companies are still backing new transportation startups.
Goldman Sachs led the round, which also included $10 million in working capital investment from commercial banks in Nigeria.
The automakers are partnering on autonomous vehicle technology in the U.S. and Europe through a joint collaboration with Argo AI.
Warning: Number-crunching incoming — get your calculators ready!
The new company will focus on R&D, product application, and business development related to autonomous driving technologies.
In the race to build a road-ready autonomous vehicle, Cruise’s SVP of engineering believes a culture of psychological safety gives his team an edge.
Our expert argues that non-compete agreements are useful only in a few cases and for a select group of employees.
Two committees sent a formal request for input to automakers, safety groups and others interested in the bill.
The firm creates high-performance and low-power AI processing to enable autonomous vehicles to efficiently process sensor data.
This milestone marks the world’s first fully automated driverless SAE Level 4 parking function to be officially approved for everyday use.
Folake Dosu
