autonomous vehicles

Applied Intuition closes $300M secondary four months after raising $250M

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Autonomous vehicle software startup Applied Intuition has closed a $300 million secondary sale just four months after raising a $250 million Series E round, yet another sign of how white-hot the investment scene is for artificial intelligence companies. The secondary round adds Fidelity Management & Research Company to an already-stacked lineup of investors in the […]

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Kodiak Robotics is taking self-driving trucks off road to reach profitability faster

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Don Burnette, CEO and co-founder of self-driving truck startup Kodiak Robotics, had an “a-ha” moment when the company started working with the U.S. Department of Defense.  Kodiak’s mission has always been to pursue long-haul autonomous trucking, but two years ago, the startup won a $50 million contract from the DoD to help the Army automate

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Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’

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Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previous plan to reveal it August 8. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely confirms

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Elon Musk sets new October 10 date for ‘robotaxi’ reveal and ‘other things’

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Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previously-planned reveal on August 8 earlier this month. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely

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Elon Musk confirms Tesla ‘robotaxi’ event delayed due to design change

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Tesla CEO Elon Musk confirmed Monday earlier reports the company was delaying its robotaxi reveal, explaining it was because he requested an “important design change to the front.” Bloomberg News reported last week Tesla was pushing the event to October. It had been aiming for an August 8 event. The company did not immediately respond

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Motional cut about 550 employees, around 40%, in recent restructuring, sources say

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Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it

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Waymo’s robotaxis under investigation after crashes and traffic mishaps

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Waymo’s autonomous vehicle software is under investigation after federal regulators received 22 reports of the robotaxis crashing or potentially violating traffic safety laws by driving in the wrong lane or into construction zones. The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) says the probe is intended to evaluate the software and its

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Motional cut about 550 employees, around 40%, in recent restructuring, sources say

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Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it

Motional cut about 550 employees, around 40%, in recent restructuring, sources say Read More »