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Skeptics Leery of the Billions Being Invested in Autonomous Vehicle Software 

By AI Trends Staff   While billions of dollars are being invested in self-driving car software systems, skeptics are saying it’s a bottomless pit and a...

Argo AI, Ford and Lyft to launch self-driving ride-hail service in Miami and Austin

By Tina Bellon AUSTIN (Reuters) - Self-driving startup Argo AI, carmaker Ford Motor Co and ride-hail company Lyft Inc on Wednesday said they...

Tesla & Chinese Startups Outshining Legacy Automakers In World’s Largest EV Market

Tesla and some Chinese EV startups are outshining legacy automakers such as Toyota, Volkswagen, and others in the world’s largest EV market, The...

Veranex Announces Investment From Summit Partners to Form Comprehensive Concept-to-Commercialization Medtech Services Company

Veranex today announced the formation of the first concept-to-commercialization global service provider dedicated to the medtech industry. Formed in partnership with global growth...

Motional CEO hints at an autonomous future in logistics

Motional, the $4 billion joint venture between Aptiv and Hyundai, is exploring the company’s potential involvement in autonomous trucking or logistics, its CEO...

Hyundai Commits To $7.4 Billion Program To Build Electric Cars In US

The Biden administration is proposing an array of policy measures to encourage the sale of electric cars in the US — provided they...

U.S. auto part makers brace for a bumpy ride as chip shortage to intensify

By Ankit Ajmera (Reuters) -U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens...

Autonomous vehicle pioneers Karl Iagnemma and Chris Urmson are coming to TC Sessions: Mobility 2021

Long before the multimillion-dollar acquisitions and funding rounds pushed autonomous vehicles to the top of the hype cycle, Karl Iagnemma and Chris Urmson...

In a year of major shifts, the self-driving car market is consolidating

Join Transform 2021 this July 12-16. Register for the AI event of the year. News broke this week that Woven Planet, a Toyota...

Lyft sells self-driving tech unit to Toyota for $550 million, moves up profit timeline

By Tina Bellon (Reuters) - Lyft Inc will sell its self-driving technology unit to Toyota Motor Corp in a $550 million deal, the...

All-electric Hyundai IONIQ 5 to serve as vehicle platform for next-gen robotaxi service with Lyft

Driverless technology company Motional will be using Hyundai's all-electric, midsize crossover utility vehicle for its robotaxi service. The Hyundai IONIQ 5...

Plus raises $200 million to develop its autonomous truck platform

Data: Meet ad creative From TikTok to Instagram, Facebook to YouTube, and more, learn how data is...

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