Why Fisker failed 

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! I’m back from holiday in Denmark and Germany, where I managed to try just about every kind of transportation, from bikes to scooters, to driving on the… Continue reading Why Fisker failed 

Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis

Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study… Continue reading Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis

German FAZ: Punching and stabbing about the Taxi007139

The classic taxi industry has been under pressure for years. The yellow and beige radio taxis have only recovered slowly from the onset of the corona pandemic. At the same time, new rivals such as the US provider Uber have tried with all their might to gain a foothold in Germany. Now the market is… Continue reading German FAZ: Punching and stabbing about the Taxi007139

Apple Reportedly Gives Up on Next-Gen Apple Vision Pro Headset

Apple’s desperately trying to cut costs for a cheaper model. Hindsight Is 20/20 Apple is reportedly giving up on the next generation of its uber-expensive Vision Pro headset. The unwieldy gadget went on sale for an eye-searing $3,499 earlier this year and was met with mixed reviews. By April, Bloomberg reported that consumers had largely stopped… Continue reading Apple Reportedly Gives Up on Next-Gen Apple Vision Pro Headset

Driver-Owned Ride-Hailing and Booking Platform Fare Co-op to Launch in North America on July 4th by Direct Global

Fare Co-op empowers gig workers and drivers by providing them with alternative employment opportunities, skill development, and a stake in the local mobility market. TORONTO, June 18, 2024 /PRNewswire/ — Based upon the transformative technological advancements, Direct Global is pleased to announce the launch of a visionary international cooperative with the foresight to adapt and… Continue reading Driver-Owned Ride-Hailing and Booking Platform Fare Co-op to Launch in North America on July 4th by Direct Global

Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi’s latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital… Continue reading Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi

Waabi Raises $200M USD in Series B Funding

Waabi, a Toronto, Canada-based company advancing generative AI for the physical world, raised $200m (USD) in Series B funding. The round was led by Uber and Khosla Ventures with participation from strategic investors NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments, and additional financial investors HarbourVest Partners, G2 Venture… Continue reading Waabi Raises $200M USD in Series B Funding

Waabi’s genAI promises to do so much more than power self-driving trucks

For the last two decades, Raquel Urtasun, founder and CEO of autonomous trucking startup Waabi, has been developing AI systems that can reason as a human would.  The AI pioneer had previously served as the chief scientist at Uber ATG before launching Waabi in 2021. Waabi launched with an “AI-first approach” to speed up the… Continue reading Waabi’s genAI promises to do so much more than power self-driving trucks

Autonomous trucking startup Waabi raises $200m funding led by Uber, Khosla Ventures

Waabi has raised $200 million in a Series B funding round, led by existing investors Uber Technologies and Khosla Ventures, to support the rollout of its fully autonomous trucks next year, it said on Tuesday. The company is also backed by Nvidia and relies on its AI chips to power self-driving applications. It currently operates autonomous trucks with safety drivers on planned… Continue reading Autonomous trucking startup Waabi raises $200m funding led by Uber, Khosla Ventures

German FAZ: Punching and stabbing about the Taxi007126

The classic taxi industry has been under pressure for years. The yellow and beige radio taxis have only recovered slowly from the onset of the corona pandemic. At the same time, new rivals such as the US provider Uber have tried with all their might to gain a foothold in Germany. Now the market is… Continue reading German FAZ: Punching and stabbing about the Taxi007126