Lyft and self-driving technology company Aptiv have been operating a small fleet of self-driving cars in Las Vegas since the Consumer Electronics Show last January. And today, the companies say they’ve reached a new milestone in their partnership: 5,000 paid rides. Lyft and Aptiv claim to be operating the only commercial robot taxi service in… Continue reading Lyft and Aptiv have completed 5000 paid trips in their self-driving taxis
Tag: Lyft
Bird and Lime are protesting Santa Monica’s electric scooter recommendations
Lime and Bird are protesting recommendations in Santa Monica, Calif. that would prevent the electric scooter companies from operating in the Southern California city. We first saw the news over on Curbed LA, which reported both Lime and Bird are temporarily halting their services in Santa Monica. Last week, Santa Monica’s shared mobility device selection committee… Continue reading Bird and Lime are protesting Santa Monica’s electric scooter recommendations
Cox Automotive forms new business division after acquiring tech platform
By Eric Mandel – Digital Producer , Atlanta Business Chronicle Aug 13, 2018, 11:11am EDT Cox Enterprises Inc. is speeding into another venture, with the formation of a new business division inside its automotive subsidiary. The Atlanta-based company said Monday that Cox Automotive is leveraging its recent acquisition of Clutch Technologies to create Mobility Solutions Group,… Continue reading Cox Automotive forms new business division after acquiring tech platform
Uber narrows losses but growth slows
Uber narrowed its losses in the second quarter but remains a long way from turning a profit, according to company results published on Wednesday. The ride-hailing firm reported an $891m (£702m) net loss for the three months to 30 June, compared with a $1.1bn loss a year ago. Revenue growth slowed and the firm continues… Continue reading Uber narrows losses but growth slows
Top auto supplier Magna takes $60 million hit from tariffs, but CEO still sees ‘huge’ opportunity
With about 25,000 employees in the United States and another 23,000 in Canada, automotive supplier Magna International sits squarely in the center of an ongoing trade dispute.
New York City Council votes to cap licenses for ride-hailing services like Uber and Lyft
The New York City Council has approved legislation that will halt the issuing of new licenses for ride-hailing services like Uber and Lyft. The stated goal of the policy is to give the city time to study the industry’s impact. During that time, ride-hailing companies would only be able to add new vehicles if they’re… Continue reading New York City Council votes to cap licenses for ride-hailing services like Uber and Lyft
Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M
The artificial intelligence revolution is underway in the world of technology, but as it turns out, some of the most faithful foot soldiers are still humans. A startup called Scale, which works with a team of contractors who examine and categorise visual data to train AI systems in a two-sided marketplace model, announced that it… Continue reading Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M
Scale raises $18 million to label data from autonomous car companies like Lyft and Embark
Autonomous cars need data. Lots of data. According to research conducted by the Rand Corporation, they’ll have to drive hundreds of millions or even billions of miles to demonstrate their safety. Companies like Waymo are well on their way; the average self-driving vehicle is projected to generate more than 300 terabytes per year. But collecting data isn’t the only… Continue reading Scale raises $18 million to label data from autonomous car companies like Lyft and Embark
Trump trade war will add $3,000 to price of some popular pickup trucks, minivans, Toyota says
The Trump administration’s trade war will make Toyota pickup trucks and minivans more expensive, adding about $3,000 to the sticker price of some of its best-selling automobiles, Toyota executives said after reporting record profits Friday.
Stop Uber From Flooding New York
On Tuesday evening, the New York City Council introduced a bill to place a temporary cap on the number of for-hire vehicles — the kind provided by services like Uber and Lyft — allowed on the city’s streets. It’s about time: In recent years these cars have flooded New York, clogging our streets and driving… Continue reading Stop Uber From Flooding New York