Amazon considered saving Argo AI self-driving startup – Bloomberg (NASDAQ:AMZN)

georgeclerk/iStock Unreleased via Getty Images Amazon (NASDAQ:AMZN) considered coming to the rescue of now-defunct Volkswagen (OTCPK:VWAGY) and Ford (F) backed self-driving startup Argo AI. According to Bloomberg, Amazon had mulled a plan to use the startup’s technology in delivery vehicles, bolstering existing partnerships with Rivian Automotive (RIVN). According to the outlet, former VW CEO Herbert … Read more

Ford Stock Is Falling. It Trimmed Guidance, Wrote Off Self-Driving Investment.

Ford Motor earnings met reduced expectations, but guidance was trimmed just a little. It was enough, though, to send Ford stock lower in after-hours trading Wednesday. Ford (ticker: F) reported a third-quarter operating profit of $1.8 billion from $$39.4 billion in sales. Source link

Intel’s self-driving unit Mobileye prices IPO above target range

Intel’s Mobileye priced its initial public offering on Tuesday above its target range, valuing the autonomous driving company at almost $17bn in a rare positive development for the US listings market. The company sold 41mn shares for $21 per share, said a person familiar with the situation, having previously outlined a price target of between … Read more

Six Upgrades to Guarantee L4 Self-Driving Operation! RoboSense Upgraded 128-beam LiDAR RS-Ruby Plus

Article content SHENZHEN, China — RoboSense, a world-leading provider of Smart LiDAR Sensor Systems launched upgraded 128-beam LiDAR, RS-Ruby Plus, designed for autonomous driving commercial operation, and it debuted at CES2022. Nowadays, it obtained a large number of orders from multiple autonomous vehicle companies worldwide. Article content Breaking through the limitations of the previous generation … Read more

Tesla’s ‘full self-driving’ controversy now features homemade mannequins and tests on real kids

The North Carolina resident set out to refute a widely circulated video of a Tesla with the company’s “full self-driving” beta software — which allows the car to steer, brake and accelerate, but requires an attentive human driver ready to take the wheel — plowing into child-size mannequins. Dan O’Dowd, a software company CEO who … Read more

Baidu self-driving car: Here’s what it looks like to ride a Chinese robotaxi with no steering wheel

The Chinese tech giant, the country’s answer to Google (GOOGL), revealed the Apollo RT6, its sixth-generation autonomous vehicle, at its annual flagship conference on Thursday. Baidu’s ride-hailing service, Apollo Go, currently operates in 10 Chinese cities. The new vehicle will roll out through that program sometime next year. Once regulators give the green light, the … Read more