Uber’s self-driving car unit was burning $20 million a month

Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by 2022, according to court documents unsealed last week. To reach those ambitious goals, the ridesharing company, which hopes to go public later this year, was spending $20 million a month on developing … Continue reading Uber’s self-driving car unit was burning $20 million a month

Google’s Waymo seeks outside investment and a sky-high valuation

Alphabet’s self-driving vehicle subsidiary Waymo may raise outside capital for the first time at a valuation “at least several times” that of Cruise, the General Motors-owned autonomous vehicle business worth nearly $15 billion, according to a report published by The Information on Monday. We’ve reached out to our sources to confirm. Waymo didn’t immediately respond … Continue reading Google’s Waymo seeks outside investment and a sky-high valuation

A day in the life of a Waymo self-driving taxi

In a nondescript depot in suburban Arizona, the future of transportation is getting a tune-up. This is where Waymo, the self-driving unit of Google parent Alphabet, houses its growing fleet of self-driving cars: hundreds of Chrysler Pacifica minivans fitted with highly advanced hardware and software that enables them to safely ride on public roads without … Continue reading A day in the life of a Waymo self-driving taxi

Anthony Levandowski is back with a new self-driving startup, called Kache.ai

Anthony Levandowski, the former Google engineer and serial entrepreneur who was at the center of a trade secrets lawsuit between Uber and Waymo, is back. And he is connected to an autonomous trucking company that is still in stealth mode, TechCrunch has learned. The company, called Kache.ai (pronounced like cache), has kept a low profile … Continue reading Anthony Levandowski is back with a new self-driving startup, called Kache.ai

Luminar puts its lidar tech into production through acquisitions and smart engineering

When Luminar came out of stealth last year with its built-from-scratch lidar system, it seemed to beat established players like Velodyne at their own game — but at great expense and with no capability to build at scale. After the tech proved itself on the road, however, Luminar got to work making its device better, … Continue reading Luminar puts its lidar tech into production through acquisitions and smart engineering

This new lidar sensor could equip every autonomous car in the world by the end of 2018

The startup Luminar aims to challenge market leaders by building its hardware at a never-before-seen scale. A new lidar sensor could equip thousands of driverless cars with the sensing abilities required to drive at high speeds on the open road. Lidar has become the primary way most driverless cars sense the world around them, bouncing … Continue reading This new lidar sensor could equip every autonomous car in the world by the end of 2018

One year old Pony.ai raises $112 million Series A to build autonomous car future

No that’s not a typo. Yes, that is larger than the median IPO fundraise last year. But few problems are as daunting as trying to build a fully autonomous car, particularly without the large resources of technology giants like Google, Uber, or Baidu behind you. So for Pony.ai, which was founded a little more than … Continue reading One year old Pony.ai raises $112 million Series A to build autonomous car future