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Uber announced Friday it is expanding its partnership with Alphabet’s Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber riders in those cities can be matched with a driverless Waymo car for some trips, according to the companies. A Waymo spokesperson said it had no plans to partner with Uber in San Francisco and Los Angeles. Uber’s initial agreement with Waymo in Phoenix also included autonomous Uber Eats deliveries in the city. Some analysts were more hopeful for a potential Uber and Waymo expansion into San Francisco.
Persons: Uber, Alphabet’s Waymo, Tesla’s, Bernstein, Waymo, “ We’re, ” Uber, Dara Khosrowshahi, Tekedra Mawakana, “ We’ve, GM’s Cruise, Cruise, Wells, Ken Gawrelski Organizations: Uber, Waymo, Atlanta, Google Locations: Austin , Texas, Atlanta, San Francisco, Los Angeles, Phoenix, Austin, San Francisco , Los Angeles
Uber: Here's why Evercore ISI’s Mark Mahaney 'likes' the stock
  + stars: | 2024-09-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUber: Here's why Evercore ISI’s Mark Mahaney 'likes' the stockMark Mahaney, Evercore ISI head of internet research, joins ‘The Excahnge’ to discuss Uber as the ride-sharing giant announced its partnership with Alphabet’s Waymo, why he favors the stock, and more.
Persons: Mark Mahaney, Mahaney, Alphabet’s Organizations: Uber
Reuters —Cruise will offer its autonomous vehicles on Uber’s platform starting next year, the companies said on Thursday, as the General Motors-backed robotaxi firm attempts a comeback. The multi-year partnership will allow Uber riders to choose a trip using a Cruise autonomous vehicle, they said. Uber’s partnership with Cruise comes as Tesla CEO Elon Musk is set to unveil its delayed plans for a robotaxi product in October amid slowing demand for electric vehicles. Commercializing autonomous vehicles has been tougher than expected and taken longer than promised due to complex technology, soaring investments, tight regulatory scrutiny and federal investigations. Trips by self-driving vehicles on Uber’s platform rose six-fold in the June quarter year-on-year, helped by partnerships with companies including Waymo, as well as startup Waabi for freight services.
Persons: Reuters — Cruise, Uber, Alphabet’s, Cruise, Elon Musk, Dara Khosrowshahi Organizations: Reuters, General Motors Locations: Phoenix, U.S, San Francisco
Reuters —A Tesla Model S car was in “Full Self-Driving” mode when it hit and killed a 28-year-old motorcyclist in the Seattle area in April, police said, making it at least the second fatal accident involving the technology on which Tesla CEO Elon Musk is pinning his hopes. Tesla says its “Full Self-Driving (Supervised)” software requires active driver supervision and does not make vehicles autonomous. Previously, the National Highway Traffic Safety Administration (NHTSA) said there was one fatal accident involving a Tesla vehicle using FSD software between August 2022 and August 2023. This year, Musk shelved Tesla’s all-new affordable cars and increased his bets on self-driving vehicles, saying he will be shocked if Tesla cannot achieve full self-driving capability next year. In December 2023, Tesla was forced to recall nearly all its vehicles on U.S. roads to add safeguards to the software.
Persons: Elon Musk, Tesla, Waymo, Sam Abuelsamid, , Raj Rajkumar, Musk Organizations: Reuters, Tesla, Traffic Safety Administration, NHTSA, Carnegie Mellon University Locations: Seattle, Silicon
Feds probing safety of GM’s robotaxis around pedestrians
  + stars: | 2023-10-17 | by ( ) edition.cnn.com   time to read: +1 min
Reuters —The US auto safety regulator has opened a probe into whether General Motors’ self-driving unit Cruise has taken sufficient precautions with its autonomous vehicles to safeguard pedestrians, it said on Tuesday. The National Highway Traffic Safety Administration (NHTSA) said its Office of Defects Investigation has received two reports from Cruise of incidents in which pedestrians were injured, and has identified two further incidents via videos posted to public websites. NHTSA said the reports include Cruise autonomous vehicles “encroaching on pedestrians present in or entering roadways, including pedestrian crosswalks, in the proximity of the intended path of the vehicles”. In August the California Department of Motor Vehicles said it was investigating incidents involving Cruise in San Francisco, after a Cruise robotaxi was involved in a crash with an emergency vehicle. The California Public Utilities Commission voted in August to allow robotaxis from Cruise and Alphabet’s Waymo to operate around the clock, despite strong opposition from residents and city agencies.
Persons: Cruise, , robotaxi Organizations: Reuters, General Motors, Traffic Safety Administration, NHTSA, California Department of Motor Vehicles, California Public Utilities Commission Locations: San Francisco, California, Cruise
Mobileye goes public, raising millions for Intel
  + stars: | 2022-10-26 | by ( Matt Mcfarland | ) edition.cnn.com   time to read: +3 min
Washington, DC CNN —Intel spun out its driver-assist subsidiary Mobileye Wednesday and raised $861 million in the initial public offering. Intel had purchased Mobileye in 2017 for $15.3 billion, but announced in Dec. 2021 that it would spin out Mobileye. Mobileye, founded in 1999 in Israel, was an early leader in emerging driver-assist technology that can perceive the road and steer accordingly. Mobileye says being a public company again may help it draw attention to its products. “It’s important for us to amplify attention and a public company platform really allows you to do that,” Mobileye spokesman Dan Galves told CNN Business Wednesday.
Ford said Wednesday that it had concluded that the large-scale profitable commercialization of self-driving cars was further out then expected. Some Argo AI employees will join Ford for that work, Farley said. The company was developing robotaxis, self-driving vehicles that can operate in a ridehail service that does not require human drivers. The team effort allowed Ford and VW to share the hefty costs of developing self-driving cars. Companies have found that developing self-driving cars is incredibly expensive.
Self-driving robotaxis are taking off in China
  + stars: | 2020-12-03 | by ( Michelle Toh | ) edition.cnn.com   time to read: +5 min
On Thursday, AutoX, an Alibaba (BABA)-backed startup, announced it had rolled out fully driverless robotaxis on public roads in Shenzhen. Previously, companies operating autonomous shuttles on public roads in the country were constrained by strict caveats, which required them to have a safety driver inside. In Shenzhen, AutoX has completely removed the backup driver or any remote operators for its local fleet of 25 cars, it said. Race of the robotaxiWhile AutoX has claimed an edge in China, it’s not the first time fully driverless shuttles have hit public roads. In June, Didi, China’s biggest ride-hailing firm, began offering free rides in its autonomous vehicles within a designated area of Shanghai.
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