Bestmile has raised $16.5 million in venture capital as the Switzerland-based startup continues expansion of a platform that manages autonomous and human-driven vehicles. The company’s software was originally designed to help transportation companies optimize fleets of self-driving vehicles, including cars, trucks and shuttles. But it has also evolved to work …
Read More »In an effort to bolster the development of cars capable of driving themselves around without human supervision, Lyft today released an autonomous vehicles data set that it’s calling the largest of its kind. It’s freely available in the existing nuScenes format, which was initially developed by Aptiv. “Autonomous vehicles are …
Read More »(Reuters) — Argo said VW was investing $1 billion in cash and contributing its European self-driving unit, valued at $1.6 billion. The investment deal gives Argo a valuation of just over $7 billion, one of the highest in the autonomous vehicles sector. VW is buying the Argo shares for another …
Read More »Cruise is testing computer vision and sound detection AI to help autonomous cars respond to passing emergency vehicles, a company spokesperson told VentureBeat in an email. More specifically, the systems are alert for the sound and sight of sirens to understand if a police car, fire truck, or ambulance is …
Read More »Self-driving car startup Drive.ai will cease all operations and lay off 90 employees, according to a June 12 filing with California’s Employment Development Department that was initially spotted by the San Francisco Chronicle. The news comes after reports that Apple was exploring an acquisition of Drive.ai to bolster the former’s …
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