Tag: autonomous vehicles
Electric transport: Lucid takes on Tesla with $1 billion Saudi investment
Saudi Arabia's Public Investment Fund (PIF) has committed $1 billion to electric vehicle maker and Tesla challenger, Lucid Motors.
The investment follows Elon Musk’s decision...
Renesas acquires IDT for $6.7 billion, with focus on autonomous vehicles
Japanese semiconductor solutions provider Renesas has agreed to buy California-based Integrated Device Technology (IDT) for $6.7 billion.
The move will leave the company well placed...
NVIDIA: AI & cloud soaring, Turing launched – crypto-mining dead?
GPU and AI giant NVIDIA has just reported strong, analyst-beating Q2 results – and yet its share price fell. The takeaway for some was...
Uber: Expands in Africa, South America – but haemorrhaging money
Frictionless transport company Uber has announced plans to expand its ride-hailing service to two more East African countries before the end of the year,...
Electric vehicles: UK government hits go on Future Mobility Challenge
The UK government’s Future of Mobility Grand Challenge took a significant step forward today, in a move that could shake up the transportation sector...
Ford debuts $4bn driverless division – Uber & Waymo motoring on
Internet of Business says
It's been a big week in the race to develop autonomous vehicles. Waymo, Ford, and Uber have all made positive announcements...
British Army testing autonomous vehicles to supply frontline troops
Drones and other unmanned systems are to be tested on Salisbury Plain by the British military, to tackle the costly and often dangerous task...
Daimler, Bosch, Nvidia partner on driverless taxis, BMW heads east
German auto giant Daimler AG and auto supplier Bosch have announced a partnership to deploy self-driving taxis in California’s Silicon Valley region next year,...
Tesla signs agreement for China Gigafactory, doubling output
Tesla CEO Elon Musk has signed a preliminary agreement with the Shanghai government to build a Tesla factory in China. The new facility will...
Tesla, GM hit by China trade war, Daimler tests in Beijing
As Tesla, GM, and other automakers wake up to the implications of a global trade war, Daimler is partnering with Baidu and testing autonomous...
Uber’s Grab merger may be undone, threatening new Middle East deal
Chris Middleton reports on how a ruling in Southeast Asia today could damage Uber's prospects of a new Middle East deal.
Uber may have grabbed...
China’s Baidu integrates Intel safety model into autonomous vehicles
Intel's computer vision subsidiary Mobileye has joined Baidu's Apollo ecosystem, in a move that will see the Chinese technology giant and its partners adopt...