Lineup of Zoox L3 autonomous cars. Instagram Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company fired its co-founder and original CEO last year. The note is the initial step in closing the company’s Series C funding round that’s expected to be finalized later this… Continue reading Robotaxi Startup Zoox Raises New Millions – Forbes
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Lyft says it will turn a profit a year ahead of schedule — and the stock is exploding higher (LYFT)
Shutterstock Lyft cofounders Logan Green and John Zimmer said at The Wall Street Journal’s Tech Live conference on Tuesday that they expected the company to be profitable by the fourth quarter of 2021, a year earlier than analyst forecasts. The news sent Lyft shares surging as much as 11%, their biggest intraday increase since the… Continue reading Lyft says it will turn a profit a year ahead of schedule — and the stock is exploding higher (LYFT)
A Waymo executive explains why the self-driving startup wants its rides to be ‘amazingly boring’ (GOOGL)
Waymo‘s chief external officer said the startup hopes its autonomous rides are “amazingly boring.” Tekedra Mawakana made the comments at Business Insider’s transportation-focused IGNITION event in San Francisco on Tuesday. “People don’t trust what they’re not familiar with,” she said. “That makes sense. We see people take their first ride and they go from a… Continue reading A Waymo executive explains why the self-driving startup wants its rides to be ‘amazingly boring’ (GOOGL)
Press: Rolling Test Laboratory: ZF Cooperates with Deutsche Bahn on the “advanced TrainLab”
connect@rail provides extensive condition monitoring of test train components On-vehicle sensors provide additional insight into track condition #MobilityLifeBalance: ZF promotes mobility for everyone across various modes of transport Friedrichshafen. ZF is working with Deutsche Bahn AG (DB) to test connect@rail, a new advanced condition monitoring system for the rail sector. connect@rail allows extensive condition monitoring… Continue reading Press: Rolling Test Laboratory: ZF Cooperates with Deutsche Bahn on the “advanced TrainLab”
A 100x Investment (Part 1)
comma.ai has raised $8.1 million, Zoox has raised $990 million. Cruise and Waymo have raised even more. By my priors, this bothers me. How can I claim with a straight face we are going to win self driving cars, when, all else being equal, we appear much less likely to succeed. Although I lose sleep… Continue reading A 100x Investment (Part 1)
A Conversation with Chris Urmson, Reid Hoffman, and Mike Volpi
Mike Volpi, Chris Urmson, and Reid Hoffman spoke to students at Carnegie Mellon in Pittsburgh. Recently, Chris Urmson and members of our Board of Directors visited Pittsburgh, one of our company headquarters and a city bustling with self-driving tech development. They stopped by Carnegie Mellon, Chris’s alma mater, to meet with students and share their… Continue reading A Conversation with Chris Urmson, Reid Hoffman, and Mike Volpi
Fiat Chrysler to build new car battery hub in Turin
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook MILAN (Reuters) – Fiat Chrysler (FCHA.MI) will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros ($56 million), the carmaker… Continue reading Fiat Chrysler to build new car battery hub in Turin
U.S. EPA chief hints vehicle CO2 limits will tighten
DETROIT (Reuters) – The Trump administration’s chief environmental regulator said on Tuesday final U.S. vehicle carbon dioxide standards due out later this year could be more restrictive than current rules enacted by the Obama administration because they will eliminate certain loopholes. FILE PHOTO: U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler testifies before a House… Continue reading U.S. EPA chief hints vehicle CO2 limits will tighten
Ericsson and NVIDIA Collaborate to Accelerate Virtualized 5G Radio Access Networks with GPUs
LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) — Mobile World Congress —NVIDIA and Ericsson today announced they are collaborating on technologies that can allow telco operators to build high-performing, efficient and completely virtualized 5G radio access networks (RAN). These virtualized networks can enable faster and more flexible introduction of new AI and IoT services.The collaboration,… Continue reading Ericsson and NVIDIA Collaborate to Accelerate Virtualized 5G Radio Access Networks with GPUs
Bird-owned Scoot deploys new electric mopeds
Scoot, owned by Bird, has just unveiled what it’s calling the Scoot Moped. At first glance, it appears to be Bird’s two-seater vehicle. In June, Bird unveiled the Cruiser, which can seat up to two people and be pedal-assist or just have a peg, depending on the market. While the Scoot Moped is meant for… Continue reading Bird-owned Scoot deploys new electric mopeds