Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor Corp, two people with direct knowledge of the matter told Reuters. Toyota’s cheque of around $400 million marks its biggest investment in an autonomous driving company with a Chinese background, the… Continue reading Self-driving startup Pony.ai raises $500m in Toyota-led funding
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NHL Seattle to spend $7M on Monorail upgrades and offer transit incentives to get fans to new arena
An artist rendering of the Seattle Center Monorail, with NHL Seattle branding, as it passes the Museum of Pop Culture toward its Seattle Center station. (NHL Seattle Image) The hype around hockey in Seattle has the potential to turn into heartache for those who get stuck in traffic in the congested corridors that feed the… Continue reading NHL Seattle to spend $7M on Monorail upgrades and offer transit incentives to get fans to new arena
Cityscoot raises another $25.6 million for its electric moped service
French startup Cityscoot is raising a $25.6 million (€23.6 million) funding round from Allianz France, Demeter as well as existing investors Groupe RATP and Banque des Territoires. The startup is also raising at least $6.5 million (€6 million) in debt in order to finance its service. Cityscoot is a free-floating electric scooter service (moped scooters).… Continue reading Cityscoot raises another $25.6 million for its electric moped service
Insurance platform Collective Benefits raises £3.3M to give gig economy workers a safety net
The famous phrase “software eats the world” was originally coined to describe how technology gradually replaces the old industrial norms of production. But few realized that when Uber started to “eat” the taxi industry it would also be among the first harbingers of a new wave of what it meant to be “employed.” As similar… Continue reading Insurance platform Collective Benefits raises £3.3M to give gig economy workers a safety net
Uber is putting video ads on top of its cars, and it’s ramping up with 1,000 vehicles across three US cities
Uber has signed a deal ad-tech company Adomni and has created a whole new wing of its business dedicated to putting advertising on cars, Adweek reports. Initially Uber will run a pilot test in three US cities, placing advertising car-toppers on 1,000 vehicles. The pilot will run until April 1. This marks a major new… Continue reading Uber is putting video ads on top of its cars, and it’s ramping up with 1,000 vehicles across three US cities
Grab and Gojek began discussing a potential merger more than three months ago
After a report that it is considering a potential merger with Grab, Gojek denied that it is planning a deal with its rival, but a source tells TechCrunch that the two companies have been talking for about three and a half months, beginning after Gojek founder and former CEO left the company in October to… Continue reading Grab and Gojek began discussing a potential merger more than three months ago
Artists Explore the Many Uncanny Valleys of Tech Work
The Amazon worker cage stands about 7 feet tall, with just enough space for a human to turn around comfortably. From within, a joystick controls a large metal claw—like those found in arcade games—to pluck at packages or other items on the warehouse floor. While robotic arms ferry merchandise through an Amazon fulfillment center, the… Continue reading Artists Explore the Many Uncanny Valleys of Tech Work
Tortoise co-founder Dmitry Shevelenko is bringing autonomous scooters to TC Sessions: Mobility
TC Sessions: Mobility 2020 is gearing up to be a lit event. The one-day event, taking place May 14 in San Jose, has just added Dmitry Shevelenko, co-founder and president of an automatic repositioning startup for micromobility vehicles. Yes, that means we’ll be having autonomous scooters rolling around onstage — #2020. Tortoise, which recently received… Continue reading Tortoise co-founder Dmitry Shevelenko is bringing autonomous scooters to TC Sessions: Mobility
This self-driving car looks under the road for a safety boost in rain and snow
[embedded content] Over the past few years, autonomous vehicle technology and self-driving systems have reached new levels of sophistication and an experimental scanning system could lead to improved safety levels in poor weather. Self-driving capabilities are measured on a scale of levels 0 – 5; 0 being no automation and level 5 considered to be… Continue reading This self-driving car looks under the road for a safety boost in rain and snow
Lyft buys a startup that runs ads on top of ridesharing cars
Sponsored Links Halo Cars Lyft might have another way to generate revenue from trips. The company has acquired Halo Cars, a startup that lets drivers for app-based car services run taxi-style ads on top of their vehicles. A spokesperson for the ridesharing giant didn’t outline the intentions for the deal, but Axios speculated that Halo’s… Continue reading Lyft buys a startup that runs ads on top of ridesharing cars