Tag: Mobility

Moia makes mobile

T That is one thing, but whether a new business idea prevails on the market is another question. After the Volkswagen subsidiary Moia tested its shuttle service with VW buses in Hanover for several months with 3,500 subscribers, the company is now starting normal business operations. The signs are good. The interest in driving with… Continue reading Moia makes mobile

Clean, efficient, and low-cost: MAHLE optimizes combustion engines for commercial vehicles with variable valve train

Reduction in the total cost of ownership (TCO) of commercial vehicles with MAHLE solutions Promising strategies: waste heat recovery, functional integration in the valve train, and optimized thermal processes Thanks to an adjustable cam follower, the system can be brought into contact with one of the two cam lobes, which have different profiles. The electrically… Continue reading Clean, efficient, and low-cost: MAHLE optimizes combustion engines for commercial vehicles with variable valve train

Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

DUBAI (Reuters) – Public Investment Fund, Saudi Arabia’s sovereign wealth fund, has bought a minority stake in Tesla (TSLA.O) at just below 5 percent, a source familiar with the matter said on Tuesday. FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S., June 28, 2018. REUTERS/Mike Blake/File Photo PIF… Continue reading Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

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

Self-driving truck startup Kodiak Robotics raises $40 million

In Don Burnette and Paz Eshel’s view, trucking is the killer app for self-driving technology. It’s what led Burnette to leave the Google self-driving project and co-found Otto in early 2016, along with Anthony Levandowski, Lior Ron, and Claire Delaunay. And it’s what would eventually prompt Burnette to leave Uber— href=”https://techcrunch.com/2016/08/18/uber-acquires-otto-to-lead-ubers-self-driving-car-effort-report-says/”>the company that acquired Otto—and co-found… Continue reading Self-driving truck startup Kodiak Robotics raises $40 million

Waymo is worth $100 billion more than previous estimates, Morgan Stanley says (GOOGL)

The valuation estimates keep climbing for Alphabet ‘s self-driving car unit, Waymo. In a note to clients Tuesday, Morgan Stanley estimated the division, which graduated from Google’s secretive X lab to full-fledged subsidiary in 2016, could now be worth a whopping $175 billion thanks to three key business areas. “One of the most common Waymo… Continue reading Waymo is worth $100 billion more than previous estimates, Morgan Stanley says (GOOGL)

Indian cab-hailing giant Ola will launch in the UK to challenge Uber — and they both share a big investor

Indian ride-hailing company Ola plans to launch in the UK, signalling more competition for incumbent Uber. Ola will open operations in Greater Manchester and south Wales, including capital Cardiff, within the next month. The company said it was working with regulators to launch nationwide by the end of the year, but is yet to submit… Continue reading Indian cab-hailing giant Ola will launch in the UK to challenge Uber — and they both share a big investor

French carpooling firm BlaBlaCar acquires Russia’s BeepCar

August 7, 2018 French carpooling platform BlaBlaCar has acquired Russian counterpart BeepCar from internet company Mail.Ru Group, according to an official statement. Financial terms of the acquisition were not disclosed. BlaBlaCar and Mail.Ru also announced a new partnership, which will see the French startup committing to further promote carpooling through Mail.Ru Group platforms, which include… Continue reading French carpooling firm BlaBlaCar acquires Russia’s BeepCar