Velodyne on Nvidia platform & Lidotive’s new lidar system

The top dog in the lidar sensor area, Velodyne, is available on the Nvidia Drive platform. The manufacturer Lumotive has developed a new Lidarsensor-type, which is inexpensive and small. The market for lidar sensors is contested, not least has Google’s sister Waymo started their eyelid sensors too marketto cover the costs of developing autonomous driving.… Continue reading Velodyne on Nvidia platform & Lidotive’s new lidar system

Renault Nissan Mitsubishi uses Microsoft cloud

Now the alliance (Renault-Nissan-Mitsubishi) has also switched to Azure’s cloud. More and more manufacturers are moving their data centers to the Microsoft cloud: Azure. Just recently Daimler his Moving completed and also Volkswagen cooperates with Microsoft. Now also has the alliance consisting of Renault, Nissan and Mitsubishi, decided to use the Azure cloud. Renault Nissan… Continue reading Renault Nissan Mitsubishi uses Microsoft cloud

Tesla alleges self-driving car startup Zoox stole company secrets

Bloomberg via Getty Images Tesla filed a lawsuit this week against four former employees for allegedly stealing trade secrets and providing them to a rival company. According to the complaint filed with the US district court for Northern California, the ex-Tesla workers gave confidential information to autonomous vehicle start-up Zoox. The documents allegedly allowed the… Continue reading Tesla alleges self-driving car startup Zoox stole company secrets

Waymo is gearing up to put a lot more self-driving cars on the road – TechCrunch

Waymo is opening another technical service center in the Phoenix area, an expansion that will allow the autonomous-vehicle technology startup to double its capacity in the area as it prepares to grow its commercial fleet. The new 85,000-square-foot center will be located in Mesa and is expected to open sometime in the second half of… Continue reading Waymo is gearing up to put a lot more self-driving cars on the road – TechCrunch

GM considers options for its Lyft stake following IPO

DETROIT (Reuters) – As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion. The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January… Continue reading GM considers options for its Lyft stake following IPO

Car manufacturer: BMW CEO Krüger sees no room for new jobs

Harald Kruger “We keep on hiring, but will not grow this year,” Krüger said. (Photo: AP) BerlinBMW-Boss Harald Kruger In 2019, given the fall in profits, there is no room for additional job creation. “We continue to recruit, but this year will not grow,” said Krüger the “Süddeutsche Zeitung”. BMW must now save in all… Continue reading Car manufacturer: BMW CEO Krüger sees no room for new jobs

SoftBank, Toyota in talks to invest $1 billion in Uber’s self-driving unit: sources

NEW YORK (Reuters) – A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks. FILE PHOTO: Uber’s logo… Continue reading SoftBank, Toyota in talks to invest $1 billion in Uber’s self-driving unit: sources

UPDATE 2-SoftBank, Toyota in talks to invest $1 bln in Uber’s self-driving unit -sources

NEW YORK (Reuters) – A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks. FILE PHOTO: Uber’s logo… Continue reading UPDATE 2-SoftBank, Toyota in talks to invest $1 bln in Uber’s self-driving unit -sources

Uber said to be raising $1B at a $10B valuation for its self-driving car unit

Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the business at between $5 billion and $10 billion, according to a Tuesday report from The Wall Street Journal. Uber declined to comment. The news comes… Continue reading Uber said to be raising $1B at a $10B valuation for its self-driving car unit

Uber’s self-driving car unit was burning $20 million a month

Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by 2022, according to court documents unsealed last week. To reach those ambitious goals, the ride-sharing company, which hopes to go public later this year, was spending $20 million a month on developing… Continue reading Uber’s self-driving car unit was burning $20 million a month