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Search resuls for: "Kodiak Robotics"


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Despite an overall slump in startup funding, 2023 saw a scramble among investors to pour money into AI and machine learning startups. And the company's star still appears to be rising, despite a messy leadership struggle that recently spilled into public view. Meanwhile OpenAI's perennial rival Anthropic attracted multi-billion dollar investments from both Google and Amazon to fund a competing AI model known as Claude. At the same time legacy companies from John Deere to accounting firm PwC played up their AI bona fides to capitalize on the hype. The list doesn't include startups who have not publicly released the amount of their funding rounds.
Persons: OpenAI, Anthropic, Claude, Databricks, John Deere, PwC, Fresh Organizations: Microsoft, Google, Alpha, Technology, Monogram, Sigma, Lambda, Helsing, Metals, Eagle Eye, Amelia, Asimov, Farmers Business, Harbinger, Prins, Silo, Mistral, Alto, AMP, Management Software, Universal, Coro, Kodiak Robotics, Aerospace, Defense, Sana, Corti, Kyte, Mitra, Tech, Boss Digital Technology, Halcyon, & $ Locations: PitchBook
A veto by the governor can still be overturned if the legislature chooses to vote in favor of the bill with a two-thirds majority in each house. While many states, including Texas and Arkansas, have allowed the testing and operation of self-driving trucks, California - home to Alphabet (GOOGL.O), Apple (AAPL.O) and some of the most cutting-edge tech startups - bars autonomous trucks weighing more than 10,001 pounds. Developing autonomous technology has proved harder and more expensive than expected, leading to job cuts and even companies shutting shop. But labor unions led by the International Brotherhood of Teamsters have been calling for Governor Newsom to sign the bill, saying autonomous trucks - some of which weigh over 80,000 pounds - were unsafe and would lead to job losses. Governor Newsom in his veto message said any regulations framed by the department of motor vehicles would be transparent, with inputs from stakeholders and experts to ensure safety.
Persons: Tina Bellon, Gavin Newsom, Bill, Newsom, Abhirup Roy, Jan Harvey Organizations: REUTERS, FRANCISCO, U.S, Apple, Reuters, Daimler, Kodiak Robotics, International Brotherhood of Teamsters, Thomson Locations: Palmer, Dallas , Texas, U.S, California, Texas, Arkansas, Aurora, Southern California, San Francisco
Companies Kodiak Robotics, Inc FollowSAN FRANCISCO, June 22 (Reuters) - Autonomous truck technology firm Kodiak Robotics will equip its self-driving software in 800 trucks for logistics platform Loadsmith, the companies said in a statement on Thursday. Instead, investor focus has shifted to companies that offer less-complex, less-cash intensive forms of autonomy with a proven business model. Kodiak and Lordsmith said pairing autonomous trucks for long haul with local drivers will improve efficiency and safety for shippers, and help allay concerns over a nationwide driver shortage. There will be no safety driver involved in the autonomous part of the operations for Loadsmith, a Kodiak spokesperson said. California-based Kodiak partners with companies such as Swedish furniture giant IKEA and France-based CEVA Logistics for freight deliveries in Texas.
Persons: Lordsmith, Abhirup Roy, Sherry Jacob, Phillips Organizations: Kodiak Robotics, FRANCISCO, Kodiak Driver, Loadsmith, Kodiak, Logistics, U.S . Army, Thomson Locations: Kodiak, Loadsmith's U.S, California, France, Texas, San Francisco
REUTERS/Phil NobleCOVENTRY, England, Feb 1 (Reuters) - Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. Earlier promises made by robotaxi companies of operating fleets of vehicles by the early 2020s have fallen well short. BMW iVentures has also invested in AV truck technology firm Kodiak Robotics, which managing partner Sage said has adopted a simpler approach to areas like mapping. Construction and agricultural equipment - used off-road in low-traffic environments - has been another growth area for AV startups. U.S. agricultural equipment maker AGCO Corp (AGCO.N), for instance, is using the Palo Alto, California-based startup's software for an experimental automated electric planter.
Self-driving truck startup Kodiak Robotics said Tuesday that it won a two-year, $49.9 million contract from the U.S. Department of Defense to help develop automated combat vehicles for the U.S. Army. The company said the vehicles will be tailored for reconnaissance, surveillance and other missions that would present a high risk to a human driver. The contract was awarded by the DoD's Defense Innovation Unit (DIU) and is part of the Army's ongoing Robotic Combat Vehicle (RCV) program. DIU said it received 33 responses to its initial solicitation in October, and selected Kodiak and another vendor, development software provider Applied Intuition, after an extensive review process. The award marks the latest development in the DoD's Defense Advanced Research Projects Agency (DARPA) Grand Challenge self-driving competitions, which began in 2004.
Self-driving truck startup Kodiak Robotics said that it has begun a pilot program with IKEA in Texas. Kodiak's CEO, Don Burnette, said that he isn't looking to put truck drivers out of business – in fact, he's aiming to make their lives easier. Texas has become a hotbed for self-driving truck testing, in part because of favorable regulations -- and also because the long highway stretches between its cities are ideal for automation. Self-driving truck startup Aurora Innovation has also been testing trucks in Texas. Another startup, TuSimple , has been testing its self-driving semitrucks in Arizona and is planning to expand to Texas next year.
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