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☆ Don't hold your breath waiting for a Tesla robotaxi
▼ + stars: | 2024-10-11 | by ( Shubhangi Goel | Tom Carter | ) www.businessinsider.com time to read: +5 min

Tesla's robotaxi will almost certainly face safety and regulatory questions before it comes to market. Waymo and Cruise have also encountered regulatory challenges with their autonomous vehicles. It has a permit to test autonomous vehicles with a driver on public roads in the state. "It's a problem of their own making," Phil Koopman, a professor at Carnegie Mellon University and an expert in autonomous vehicle safety, told Business Insider. A Waymo autonomous self-driving electric vehicle.

Persons: Tesla's, Cruise, —, Tesla, Elon Musk, You'll, Sjoerd van, Waymo, Phil Koopman, Koopman, PATRICK T, FALLON, Uber, Kyle Vogt Organizations: Service, Warner Bros, Wal, Getty, California Department of Motor Vehicles, Carnegie Mellon University, NHTSA, Cruise Locations: Burbank , California, California

☆ Waymo pulls ahead in robotaxi race
▼ + stars: | 2024-10-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWaymo pulls ahead in robotaxi raceCNBC's Deidre Bosa joins 'The Exchange' to discuss the state of driverless vehicles from Waymo and how they compare to Tesla's upcoming cybercab.

Persons: Waymo, Bosa

☆ Elon Musk unveils his ‘Cybercab’ robotaxi
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

The event featured models of the robotaxi as well as a Robovan, a driverless vehicle designed to carry a larger group of people or items. TeslaBut the delay seemed to matter little to the in-person crowd waiting for the chance to ride in the 50 self-driving vehicles that were cruising around the studio lot. Tesla has long offered what it calls Full Self-Driving or FSD, currently priced at $8,000, as an option on its cars. Musk has insisted that the company’s data shows that FSD is already safer than cars driven by humans. ‘Overly optimistic’This is certainly not the first time that Musk has laid out ambitious time frames for his plans for self-driving cars.

Persons: Elon Musk, Musk, Tesla, “, ”, FSD, ” “, Gene Munster, it’s, ” Munster Organizations: New, New York CNN, Warner Bros, Deepwater Asset Management, CNN Locations: New York, California, Texas

☆ Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event
▼ + stars: | 2024-10-10 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +1 min

After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company's Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals. Musk offered no details about exactly where Tesla plans to produce the cars, but said consumers would be able to buy a Tesla Cybercab for below $30,000. FSD, which stands for Full Self-Driving, is Tesla's premium driver assistance system, available today in a "supervised" version for Tesla electric vehicles. Musk also revealed plans to produce an autonomous, electric Robovan that can carry up to 20 people, or be used to transport goods. He said the Cybercab and Robovan would employ inductive charging, meaning these autonomous vehicles could roll up to a station to recharge, with no plugging in required.

Persons: Elon Musk, Musk, Tesla Organizations: Tesla, Warner Bros, FSD Locations: Burbank , California, Texas, California

☆ A lot is riding on Musk and Tesla’s ‘robotaxi’ event
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk and Tesla have pledged a game-changing moment in the company’s history Thursday night. For the last decade, the electric vehicle maker’s CEO has vowed that true self-driving cars from Tesla were right around the corner. And even if the technology is as advanced as Musk likes to claim, getting regulatory approval to operate could be difficult. Tesla and Musk have made promises many, many times before about autonomous vehicle capabilities and when true self-driving would be available. “Either you walk away from the event as a jaw dropping moment, or you walk away with a shrug of shoulders event.”

Persons: New York CNN — Elon, Tesla, ”, Dan Ives, Waymo, they’ve, GM’s, Musk, “, FSD, “ You’d, Gordon Johnson, it’s, Gene Munster, ” Munster, “ They’ve, Ives Organizations: New, New York CNN, Warner Bros, Wedbush Securities, Apple, Motors ’, state’s Department of Motor Vehicles, Deepwater Asset Management, Munster Locations: New York, California

Hurricane Milton makes its way toward Florida. Hurricane Milton plows toward FloridaFlorida is, once again, bracing for a direct hit as Hurricane Milton approaches the state and the window to evacuate closes. A storm surge of up to 15 feet is forecast along a stretch of the coast that includes Tampa, St. Petersburg and Sarasota. Florida is especially vulnerable to storm surge because “it doesn’t take much to push water over land that would be dry,” said Cody Fritz, the Storm Surge Unit Team Lead at the National Hurricane Center. “Where?”Follow our live blog for the latest forecasts and information about Hurricane Milton.

Persons: Milton, Harris, Trump, Hurricane Milton, ”, Cody Fritz, Helene, they’re, “, ‘, ’ ”, Mark Prompakdee, Read, Sen, Sherrod Brown, Chuck Todd, Elon Musk, Josh Shapiro, Musk, Trump’s Butler, Benjamin Netanyahu, Lloyd Austin, Yoav Gallant, Joe Biden, Lisa Marie Presley, it’s Grazer, Ethel Kennedy, Robert F, Kennedy, Tama, David Ingram, — Elizabeth Robinson, Elizabeth Robinson Organizations: NBC, National Hurricane Center, Storm Surge, Twin, NBC News, Hurricane, More Hurricane Milton, Trump, Democratic, Trump ”, Saints, Republicans, White, Tech, Pennsylvania Gov, Washington D.C, U.S . Defense, Israeli, ISIS, Border Patrol, Biden, Alaska Locations: Florida, Arizona, Hurricane, Florida Florida, Tampa, St, Petersburg, Sarasota . Florida, St . Petersburg, Twin City, Hurricane Milton, More, battlegrounds, Phoenix, Utah, Ohio, Trump’s Butler , Pennsylvania, Washington, U.S, Iran, Afghan, Oklahoma, America, San Francisco

☆ Who will win the robotaxi race? Tesla, Waymo, or Uber?
▼ + stars: | 2024-10-09 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

Today, consumers open the Uber app because they know there will likely be loads of cars nearby to pick them up. And drivers come to Uber because they know there will be many riders waiting and willing to pay. Uber doesn't buy and maintain cars. AdvertisementA robotaxi futureWhat happens if Tesla and Waymo driverless cars replace human drivers? It has already struck deals with Waymo and Cruise, another AV company, to have their driverless cars be part of the existing Uber rideshare network.

Persons: Tesla's, Elon, Uber, Uber doesn't, Tesla, Bernstein, Lyft, Waymo, Ben Thompson, Thompson, Dara Khosrowshahi Organizations: Google, Tech, Waymo

☆ Are taxis safer with no driver? These women think so.
▼ + stars: | 2024-10-08 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +11 min

Autonomous taxis are winning over women in cities like San Francisco by offering an answer to a long-standing concern about ride-hailing apps: misbehavior by human drivers, especially men. Now, those driver safety concerns are helping to fuel the popularity of autonomous taxis — especially for women traveling alone or at night. About three-quarters of Lyft and Uber drivers are men, according to industry and academic surveys. Lyft said in a statement to NBC News that it continues to try to improve safety, including with driver background checks, driver ratings, driver education and an emergency phone line for passengers. In 2023, Lyft started a feature, Women+ Connect, that allows women or nonbinary drivers to opt in to prefer riders who are women or nonbinary, and vice versa.

Persons: they’ve, Veronica Pastore, it’s, “ I’ve, ’ ”, Pastore, “ It’s, ”, they’d, they’re, Abby Vigil, she’s, Robotaxis, driverless, “, Jason Munderloh, ” Waymo, Lyft, Uber, Waymo, ” Uber, Dara Khosrowshahi, Diana Taurasi, Megan Neese, Neese, Amazon’s, Elon Musk, Jayka Noelle, Noelle, TikTok, DaBabyBoomers, Cheryl Baxter, Beth Bowles Organizations: San Francisco, Gig Workers, Rider, NBC News, CNBC, Phoenix Mercury, Google, Motors ’, Tesla Locations: San Francisco, Lyft, San, ”, —, U.S, Atlanta, Austin , Texas, Las Vegas, Phoenix, Los Angeles, Austin, Scottsdale , Arizona

☆ Pete Buttigieg says he had a call with Elon Musk to talk about Hurricane Helene because 'the best thing to do is just to pick up the phone'
▼ + stars: | 2024-10-07 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Pete Buttigieg says he and Elon Musk had a chat about Hurricane Helene relief efforts. That call proved "the best thing to do is just to pick up the phone," Buttigieg said on MSNBC. Buttigieg responded to Musk, writing: "No one is shutting down the airspace and FAA doesn't block legitimate rescue and recovery flights. "And, I think, to me it's an example of how often the best thing to do is just to pick up the phone." Hurricane Helene made landfall in Florida on September 26 and swept through Georgia and the Carolinas, causing widespread damage.

Persons: Pete Buttigieg, Elon Musk, Helene, Buttigieg, —, Tesla, Musk, MSNBC's Jen Psaki, Psaki, Hurricane Helene, didn't Organizations: MSNBC, Service, Elon, SpaceX, Federal Emergency Management Agency, FEMA, Federal Aviation Administration, FAA, Boeing, Department of Transportation, Business Locations: Asheville , North Carolina, Buttigieg, South Carolina, Hurricane, Florida, Georgia, Carolinas

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAutonomous vehicles are here but the public is reluctant to trust themDriverless cars are speeding onto America's streets. Alphabet-owned Waymo has been the leading player, notching more than 22 million driverless miles. But the public is still divided, with high-profile accidents from other autonomous companies and residents of many cities unfamiliar with the technology. Now, the most bullish self-driving proponent of them all, Tesla, is due to unveil its long-awaited robotaxi after years of unfulfilled promises. But will the public learn to trust them?

Persons: Waymo

☆ Elon Musk is ready to make his biggest pitch yet that Tesla is more than just a car company
▼ + stars: | 2024-10-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Elon Musk has a big task this week: convincing investors that Tesla is more than just a car company. It may do so once again as Elon Musk prepares to use the studio lot to tell another story: that Tesla is more than just a car company. The long-awaited event — originally scheduled for August — is meant to give weight to the electric vehicle maker's pitch that it is a tech company first and a car company second. Meanwhile, in July, Wedbush analyst Dan Ives claimed the "Tesla AI story could be worth $1 trillion-plus and is the most undervalued AI name." Michael Macor/The San Francisco Chronicle via Getty ImagesHowever, what's critical to note is the timing for Tesla's robotaxi push.

Persons: Elon Musk, Tesla, Tesla's, —, Musk, Sam Altman, Andrej Karpathy, Dan Ives, Michael Macor, Caspar Rawles, Rawles, Donald Trump, Elon, Ross Gerber, Gerber, Uber, it's, Cruise, Paul Miller, Forrester Organizations: Service, Warner Bros, Elon, Robotaxi, EV, San Francisco, Getty, Elon Inc, Benchmark Mineral Intelligence, Twitter, Gerber Kawasaki Wealth, Investment Management, Baidu, GM Locations: Burbank, California, Tesla's, Palo Alto, Elonville, Chinese, China, Wuhan

Driverless cars are speeding onto America's streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. Tesla's upcoming robotaxi launch threatens to throw the whole autonomous vehicle space off course. Alphabet -owned Waymo is the leader in the space, with the company claiming it has notched more than 22 million driverless miles. Uber has hedged its bets by inking high-profile deals with autonomous vehicle companies, but it's unclear how long those partnerships will last.

Persons: robotaxis, Tesla, Elon Musk, Waymo, Cruise Organizations: Pew Research Center Survey, GM Locations: San Francisco , Los Angeles, Phoenix

☆ Massive East Coast port strike: five things to know
▼ + stars: | 2024-10-03 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

New York CNN —A massive port strike along the East and Gulf Coasts that kicked off on Tuesday has the potential to become one of America’s most disruptive work stoppages in recent times. Here’s the latest information you need to know about the port strike. People are panic-buying toilet paper, reports on social media show, displaying empty store shelves where toilet paper and sometimes paper towels used to be. Unlike toilet paper, bananas go bad, so shippers weren’t able to ship large volumes in advance of strikes. On Wednesday, Biden starkly warned against the “man-made disaster” caused by the ongoing port strike and urged the two sides to come to an agreement to avoid significant economic impacts.

Persons: ”, Harold Daggett, Dockworkers, USMX, Biden, Joe Biden, Taft, Hartley, “, ” Biden, Kamala Harris, didn’t, Donald Trump’s, Trump, Kamala Harris ’, Joint Base Andrews, “ We’re, Betsy Klein, Allison Morrow, Chris Isidore, Vanessa Yurkevich, Kayla Tausche, Arlette Saenz Organizations: New, New York CNN, Gulf Coasts, International Longshoremen’s Association, United States Maritime Alliance, CNN, ILA, Anderson Economic, American Farm Bureau Federation, Democratic, ”, NLRB, American, Wednesday, Joint Base Locations: New York, East, USMX, Maine, Texas, Canada, Mexico, Taft, America

For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. In the decade that Musk has promised driverless vehicles, competitors have made them. Alphabet -owned Waymo already operates a commercial robotaxi service in several U.S. cities, surpassing 100,000 paid rides per week as of August. Amazon -owned Zoox began testing rides for employees in February 2023 with ambitions to launch its own robotaxi service. Watch the video to see the road Tesla has taken to realizing its robotaxi ambitions.

Persons: Elon Musk, Musk, Zoox, Raymond James Organizations: Baidu, U.S, EV, Tesla Locations: China

☆ Dockworkers are waging a battle against automation. The rest of us may want to take notes
▼ + stars: | 2024-10-02 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Here’s the deal: The East Coast port strike is getting a lot of attention for its potential disruption to the economy — which is precisely the point. No dockworkers means no bananas (or whatever), which means no profits for the companies that produce and ship them. While research shows automation has obvious benefits, like lower operating costs and fewer human-related errors, port automation does not, on its own, significantly improve performance, according to a 2018 McKinsey report. But automation anxiety is rapidly spilling over into office work, where managers are adopting AI in the hopes of replacing human work or amplifying production. As Washington Post columnist Heather Long wrote Tuesday, the strike is “an early battle of well-paid workers against advanced automation.

Persons: CNN Business ’, It’s, ”, Dennis Daggett, Mark Felix, Sameera Fazili, Biden, it’s, …, ” Fazili, Heather Long Organizations: CNN Business, New York CNN, Hollywood, McKinsey, International Longshoremen’s Association, Economic, Getty, National Economic Council, Washington Locations: New York, East Coast, China, Singapore, Europe, Port of New York, New Jersey, Long Beach, Los Angeles, AFP

☆ 6 things from my San Francisco trip reveal which stocks are AI winners
▼ + stars: | 2024-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Almost everyone else seems to want to deploy AI in some meaningful way but don't seem to know how. It's available on HP 's AI personal computers right now but hasn't really attracted a lot of interest yet — good for Club company Best Buy 's forward earnings. For some companies, companies like CVS , this is a no brainer. One that can build things or get things or just give you a cup of your coffee. I don't know what will happen to people who are doing this now.

Persons: Jensen Huang, Marc Benioff, Copilot, hasn't, Uber, San Francisco —, Amazon's, Benioff, Benioff's, Agentforce, Tesla, Elon, Donald Trump, Pat Gelsinger, gunning, Lisa Su, Jensen, Su, wasn't, Nvidia's Blackwell, Blackwell, Mike Sievert, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Club, Nvidia, Oracle, HP, Devices, AMD, Saks Fifth, CVS, Siemens, Starbucks, Intel, Qualcomm, Arm Holdings, Enterprise, Constellation Energy, GE Vernova, Apple, Mobile, Jim Cramer's Charitable, CNBC Locations: San Francisco, Atlanta, Austin , Texas, Dreamforce, bailiwick, Eaton, Dover, California

☆ From frustration to excitement: The long, winding road of Alphabet's self-driving Waymo unit
▼ + stars: | 2024-09-21 | by ( Paulina Likos | ) www.cnbc.com time to read: +12 min

A long road It's been a long and winding road for Waymo since its inception in 2009 as Google's self-driving car project. The robotaxi service now has about 700 autonomous vehicles on the road across its markets. That changed about a year ago , when Uber added Waymo vehicles to its app. In February, Waymo recalled 444 of its vehicles after two Waymo vehicles hit a towed pickup truck in Phoenix. A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.

Persons: Uber, Waymo, Tesla, it's, Jim Cramer, Jim, Morgan Stanley, Cowen, Cowen's — Bernstein, Brad Erickson, Andreessen Horowitz, Alphabet's, Ruth Porat, Erickson, Dara Khosrowshahi, Cruise, Uber's Khosrowshahi, Ethan Teicher, Tesla's, Jim Cramer's, Patrick T, Fallon Organizations: Waymo, Austin, RBC Capital Markets, CNBC, Bank of America, Aurora Innovation, General Motors, AFP, Getty Locations: West Coast, Atlanta, Austin , Texas, Phoenix, San Francisco, Los Angeles, U.S, Waymo, Austin, San Francisco , Los Angeles, Los Angeles , California

☆ Whelan says he spent last five days in Russian detention in solitary confinement
▼ + stars: | 2024-09-17 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —Paul Whelan, who spent five-and-a-half years wrongfully detained in Russia, revealed Tuesday that he had spent the final five days leading up to his release in solitary confinement. “It was due to people like my parents, who grew up in England during the war. It was that kind of, you know, resiliency that saw them through their childhood in England, and that’s how I grew up. Whelan said it was great to be back but “there’s a lot ahead.”“One of the things I’m focused on is getting a new car. Whelan also expressed gratitude for the government agencies who helped secure his release.

Persons: CNN — Paul Whelan, ”, “, ” Whelan, Whelan, Marc Fogel, Marc, Trevor, Reed Organizations: CNN, Capitol, Michigan Locations: Russia, PISA, “, England, United States, Germany, readjusting, American

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

Patrick T. Fallon | AFP | Getty ImagesUber 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. The expansion into Austin and Atlanta won't include Uber Eats at first, according to the Waymo spokesperson, but they're exploring that possibility for the future. Some analysts were more hopeful for a potential Uber and Waymo expansion into San Francisco.

Persons: Patrick T, Fallon, Alphabet's Waymo, Uber, Tesla, Bernstein, Waymo, We're, Dara Khosrowshahi, Tekedra Mawakana, We've, Cruise, Wells, Ken Gawrelski, — CNBC's Laura Batchelor, Lora Kolodny Organizations: AFP, Getty, Uber, Waymo, Atlanta, Google Locations: Los Angeles , California, Austin , Texas, Atlanta, San Francisco, Los Angeles, Phoenix, Austin, San Francisco , Los Angeles

☆ Waymo and Tesla have opposite problems as they compete for driverless tech dominance
▼ + stars: | 2024-09-13 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewTwo major players — Tesla and Waymo — are battling for dominance in the driverless tech sector. "I think that Tesla has a software problem, and I think Waymo has a hardware problem, is the way I put it — and I think software problems are much easier." AdvertisementHe viewed Tesla as a "pioneer" in using machine learning for its autonomous driving software. But he also argued that Tesla's autonomous hardware hasn't solved the driverless equation. Waymo, on the other hand, produces an autonomous driving system capable of eliminating a human driver.

Persons: —, — Tesla, Waymo, Tesla, Andrej Karpathy, I'm, Karpathy, it's, Dan O'Dowd, Elon, Musk's, Kevin Chen, Chen, they're, you've Organizations: Service, Business, EV, The, Elon Musk's Locations: San Francisco , Los Angeles, Phoenix, Austin, who's, San Francisco

☆ South Korea’s Hyundai and US’ GM to work together on developing new cars
▼ + stars: | 2024-09-12 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Hyundai and General Motors (GM) have agreed to look for ways to work together on developing new vehicles, supply chains and technologies in an effort to cut costs and move more quickly. Global carmakers are under intense pressure to come up with new electric vehicle (EV) and battery technology because they face vehicle emissions regulations around the world. South Korea’s Hyundai and America’s GM (GM) said on Thursday they would collaborate on joint product development, manufacturing and future clean energy technologies. The non-binding framework agreement was signed by Hyundai Motor Executive Chair Euisun Chung and GM Chair and CEO Mary Barra. Including its affiliate Kia, Hyundai Motor is the world’s third-largest automaker by sales, according to Reuters, while GM is currently America’s largest carmaker, having retaken that title from Toyota in 2022.

Persons: Hong Kong CNN —, They’re, Euisun Chung, Mary Barra, “, ” Barra, ” Chung, Cruise Organizations: Hong Kong CNN, Hong Kong CNN — Hyundai, General Motors, Global, EV, Korea’s Hyundai, America’s GM, Hyundai Motor, Kia, Hyundai, Reuters, GM, Toyota, Nissan, Renault, Honda, — Locations: Hong Kong, Japan

☆ Waymo releases safety data about driverless cars
▼ + stars: | 2024-09-11 | 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 EmailWaymo releases safety data about driverless carsCNBC's Deidre Bosa joins 'Money Movers' with details about Waymo's safety report, what's next for robotaxis, and more.

Persons: Bosa, what's

☆ Waymo driverless vehicle in Tempe, Arizona, re-routes into oncoming traffic
▼ + stars: | 2024-08-31 | by ( Demetrius Pipkin | ) edition.cnn.com time to read: 1 min

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☆ Uber takes stake in SoftBank-backed self-driving tech startup Wayve
▼ + stars: | 2024-08-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. He said that, together with Uber, Wayve is "excited to work with Automotive OEMs [original equipment makers] to bring autonomous driving technologies to consumers sooner." In the future, Uber intends to launch self-driving vehicles on its app equipped with Wayve's tech, the companies said. Uber has also offered rides in vehicles operated by Waymo, the Google self-driving spinoff, as part of a commercial tie-up.

Persons: Uber, Alex Kendall, Wayve's, Dara Khosrowshahi, Khosrowshahi, Cruise, Waymo Organizations: Uber, Nvidia, Microsoft, Automotive, SAE International, Aurora Technologies, General Motors, Waymo, Google, Lyft Locations: British, ., Aurora

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