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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCruise CEO Kyle Vogt: Autonomous vehicle tech is no longer novel to the people of San FranciscoKyle Vogt, Cruise co-founder, president and CEO, joins 'Mad Money' host Jim Cramer to drive around San Francisco in an autonomous car.
Persons: Kyle Vogt, San Francisco Kyle Vogt, Cruise, Jim Cramer Locations: San, San Francisco
Morgan Stanley upgrades Tesla
  + stars: | 2023-09-11 | 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 EmailMorgan Stanley upgrades TeslaCNBC's Phil LeBeau joins 'Squawk on the Street' to discuss Morgan Stanley's upgrade of Tesla and the future of the company's autonomous vehicles.
Persons: Morgan Stanley, Tesla, Phil LeBeau, Morgan Stanley's Organizations: Tesla
The "neural network planner" that Shroff and others were working on took a different approach. Faced with a situation, the neural network chooses a path based on what humans have done in thousands of similar situations. By early 2023, the neural network planner project had analyzed 10 million clips of video collected from the cars of Tesla customers. By mid-April 2023, it was time for Musk to try the new neural network planner. "Oh, wow," he said, "even my human neural network failed here, but the car did the right thing."
Persons: Elon Musk, Mozart, Mark Zuckerberg, Dhaval Shroff, OpenAI, Musk, Shroff, Alan Turing, Uber, James Bond, Ashok Elluswamy Organizations: Tesla, Computing Machinery, Intelligence, Palo Locations: Palo Alto, Buffalo , New York
Two Cruise driverless taxis blocked an ambulance carrying a critically injured patient who later died at a hospital, a San Francisco Fire Department report said, in another incident involving self-driving cars in the city. It said that a police vehicle in another lane had to be moved in order for the ambulance to leave. The patient, who had been struck by a car, was pronounced dead about 20 to 30 minutes after arriving at the Zuckerberg San Francisco General Hospital, about 2.4 miles away from the accident. Cruise, an autonomous vehicle subsidiary of General Motors, said that it was not at fault. The footage also showed that other vehicles, including another ambulance, passed by the right side of the Cruise taxi.
Organizations: San Francisco Fire Department, Zuckerberg San Francisco General Hospital, General Motors, The New York Times, Cruise
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company's headquarters in San Francisco. The company Cruise is pushing back against an accusation from the San Francisco Fire Department, which claims that one of the company's autonomous vehicles delayed an ambulance after a deadly accident. The department said emergency medical service crews faced a problem getting to the collision: two Cruise taxis blocking the road. But NBC Bay Area was able to review a nearly 13 minute video which is purportedly the incident in question. It appears to show what the company describes, including the ambulance managing to squeeze by the stopped Cruise car.
Persons: Cruise, It's, Aaron Peskin, Peskin Organizations: General Motors Corp, San Francisco Fire Department, NBC, Area, California Public Utilities Commission, Cruise Locations: San Francisco
Tesla has received a special order from federal automotive safety regulators requiring the company to provide extensive data about its driver assistance and driver monitoring systems, and a once secret configuration for these known as "Elon mode." If the driver leaves the steering wheel unattended for too long, the "nag" escalates to a beeping noise. As CNBC previously reported, with the "Elon mode" configuration enabled, Tesla can allow a driver to use the company's Autopilot, FSD or FSD Beta systems without the so-called "nag." Tesla CEO Elon Musk who also owns and runs the social network X, formerly Twitter, often implies Tesla vehicles are self-driving. His use of Tesla's systems would likely comprise a violation of the company's own terms of use for Autopilot, FSD and FSD Beta, according to Greg Lindsay, an Urban Tech fellow at Cornell.
Persons: Elon Musk, Porte, Tesla, Elon, John Donaldson, Philip Koopman, Koopman, Ann Carlson, Ashok Elluswamy, Greg Lindsay, Grep, Bruno Bowden, Musk Organizations: SpaceX, Twitter, Porte de, CNBC, Traffic Safety Administration, Bloomberg, NHTSA, Automotive, Carnegie Mellon University, California DMV, FSD, Urban Tech, Cornell Locations: Paris, California
Alphabet moonshots are ready for launch
  + stars: | 2023-08-29 | by ( Anita Ramaswamy | ) www.reuters.com   time to read: +4 min
Alphabet logo and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNEW YORK, Aug 29 (Reuters Breakingviews) - Alphabet (GOOGL.O) is poised to welcome the autumn harvest. Verily boss Stephen Gillett told employees this month that it will cut its ties to several of Alphabet’s services next year. Such a financial services business strays from Alphabet’s wheelhouse, and with artificial intelligence demanding fresh attention, it’s wise to be prudent about capital allocation. Waymo, the autonomous vehicle technology business, secured a vote of approval this month from San Francisco to operate driverless rideshares in the city.
Persons: Dado Ruvic, Ruth Porat, Morgan Stanley, , Stephen Gillett, wheelhouse, Chris Hohn’s, Ford, Porat, Verily, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: REUTERS, Reuters, Life Sciences, Wall Street Journal, Temasek, TCI Fund Investments, Google, Sciences, Wall, Thomson Locations: San Francisco
UBS reiterates Netflix as buy UBS said it's standing by its buy rating on shares of the streaming giant. Morgan Stanley reiterates Ambarella as overweight Morgan Stanley said it's bullish on shares of the semiconductor company heading into earnings this week. " UBS reiterates Disney as buy UBS said it's standing by its buy rating on shares of the entertainment giant. Morgan Stanley downgrades CrowdStrike to equal weight from overweight Morgan Stanley said it's cautious heading into earnings later this week. Morgan Stanley names LifeStance Health Group a top pick Morgan Stanley said shares of the behavioral health company are compelling.
Persons: Tesla, Canaccord, it's bullish, it's, Morgan Stanley, Ambarella, JMP, Piper Sandler, Piper, Bernstein, L3Harris, Evercore, Jefferies, Morgan Stanley downgrades CrowdStrike, Zimmer, BTIG, Wells, Dwight, Truist, Wolfe, Stifel, defensives Organizations: UBS, Netflix, Disney, Pagaya Technologies, MCW, OW, JetBlue, " Bank of America, Bank of America, Akero Therapeutics, RBC, Tetra Tech, Tech, Amazon, LifeStance Health, Mobility, UGI Corporation, TAM, Nike, NIKE, Endeavor Group, Media, Entertainment, Costco, AutoZone, Walmart Locations: China, Underperform, ORLY
Nvidia automotive segment primarily sells chip systems for assisted driving. Colette Kress Nvidia's Chief Financial OfficerThe $253 million segment revenue was also well below the $309.3 million forecast by a FactSet analyst poll. Although still a fraction of the chipmaker's business, automotive revenue has grown rapidly from just over $100 million a quarter two years ago. Bloomberg | Bloomberg | Getty ImagesCounterpoint's Wang pointed out that Nvidia's products are concentrated in the high-end automotive segment. Analog Devices on Wednesday reported automotive revenue of $747.6 million for the three months ended July 29, down by 5% from the prior quarter.
Persons: Jensen Huang, Alex Wong, Huang didn't, Colette Kress, Brady Wang, Xpeng, Xpeng's, Xinzhou Wu, Xiaopeng, Huang, Counterpoint's Wang, David Wong Organizations: Nvidia, Getty, Local, Counterpoint Research, Nvidia Nio, Bloomberg, NVIDIA, Robotics, Nomura, Qualcomm, China Passenger Car Association Locations: BEIJING, China, Xpeng, Santa Clara , California
"For most of our history, profitable wasn't the first thing that came up when you asked someone about Uber," Khosrowshahi said on Uber's second-quarter conference call Aug. 1. The $1 a ride alone can add up to $4,000 to a driver's annual revenue, the company says. All of them will compete for customers on Uber's platform much as hotels search for business on Expedia.com – a business once run by Khosrowshahi. Indeed, one threat to Uber's current status as a market darling is if AV makers, especially Tesla, decide to compete with Uber directly for riders, Zino said. Khosrowshahi told Sellers that 10-20% of Uber drivers may soon be robots, but said he still thinks more people will be driving for Uber than there are today.
Persons: Angelo Zino, Uber, Savannah, Khosrowshahi, Dara Khosrowshahi, Zino, Scott Devitt, Morgan Stanley's Brian Nowak, undercharging, They've, Devitt, , Hertz, That's, Tracy Lynn Young, Tesla, they've, Cruise, AVs, Sellers Organizations: GM, General Motors, Ideas, Uber Technologies, Aurora, Wedbush Securities, Hyundai, Tesla, EVgo, EVs, TrueCar.com, Uber, CNBC, Hertz, Waymo, Cruise, Khosrowshahi Locations: California, San Francisco, Pittsburgh, Hyundai Kona, London, U.S, North America, Atlanta
After a closely watched vote, driverless cars, once a Silicon Valley fantasy, have become a 24-hour-a-day reality in San Francisco. Are autonomous vehicles an interesting and safe transportation alternative? Or are they a nuisance and a traffic-blocking disaster waiting to happen? Cade Metz, who covers technology for The Times, describes the unique challenges of coexisting with cars that drive themselves.
Persons: Cade Metz Organizations: The Times Locations: San Francisco
CNN —California authorities have asked General Motors to “immediately” take some of its Cruse robotaxis off the road after autonomous vehicles were involved in two collisions – including one with an active fire truck – last week in San Francisco. The California DMV said that Cruise has agreed to the request, and a spokesperson from Cruise told CNN that the company is investigating the firetruck crash as well. General Motors acquired Cruise Automation in 2016 for $1 billion, solidifying its place in the autonomous vehicles race, but many companies have since scaled back, or abandoned their driverless car ambitions. Ridesharing giants Uber and Lyft have both sold autonomous vehicle units in recent years. Even Tesla CEO Elon Musk, who has been optimistic about autonomous vehicle technology, has yet to fully deliver on his promise.
Persons: Motors, Cruse, , Cruise, Waymo, San Francisco, , ” Hannah Lindow, Elon Musk Organizations: CNN, California’s Department of Motor Vehicles, Cruise, General Motors, California DMV, San, AV, Cruise Automation Locations: California, , San Francisco
What It's Like Inside One of San Francisco’s Self-Driving Taxis? More autonomous taxis are about to hit the roads of San Francisco. But will residents of the country’s tech capital be quick to hitch a ride in a driverless car? WSJ reporter Miles Kruppa rode around two autonomous vehicles and joins host Zoe Thomas to tell us about his experience. Photograph: Poppy Lynch
Persons: Francisco’s, Miles Kruppa, Zoe Thomas, Poppy Lynch Locations: San Francisco
What It's Like Inside One of San Francisco’s Self-Driving Taxis? More autonomous taxis are about to hit the roads of San Francisco. But will residents of the country’s tech capital be quick to hitch a ride in a driverless car? WSJ reporter Miles Kruppa rode around two autonomous vehicles and joins host Zoe Thomas to tell us about his experience. Photograph: Poppy Lynch
Persons: Francisco’s, Miles Kruppa, Zoe Thomas, Poppy Lynch Locations: San Francisco
Why Russia and India Want to Reach the Lunar South Pole
  + stars: | 2023-08-20 | by ( ) www.wsj.com   time to read: 1 min
What It's Like Inside One of San Francisco’s Self-Driving Taxis? More autonomous taxis are about to hit the roads of San Francisco. But will residents of the country’s tech capital be quick to hitch a ride in a driverless car? WSJ reporter Miles Kruppa rode around two autonomous vehicles and joins host Zoe Thomas to tell us about his experience. Photograph: Poppy Lynch
Persons: Francisco’s, Miles Kruppa, Zoe Thomas, Poppy Lynch Locations: San Francisco
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company's headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. The statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars. The two have been running robotaxi tests limited by times and geographic areas within San Francisco. San Francisco will suffer serious harms from this unfettered expansion," he said in a statement. Reporting by Abhirup Roy and Hyunjoo Jin in San Francisco; editing by Diane Craft and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Heather Somerville, robotaxi, Cruise, David Chiu, Abhirup Roy, Hyunjoo Jin, Diane Craft, Sonali Paul Organizations: General Motors Corp, REUTERS, FRANCISCO, General Motors, California Department of Motor Vehicles, DMV, San Francisco Police Department, Reuters, California Public Utilities Commission, City, Thomson Locations: San Francisco, California, U.S, Cruise
A driverless bus will run a seven-stop loop around Treasure Island in San Francisco Bay. San Francisco authorities last week allowed driverless taxis to operate 24 hours a day. Just a week after allowing robotaxis to operate around the clock, San Francisco has launched an driverless shuttle bus service. A day after the announcement, a number of self-driving cars stalled in San Francisco, leading to a bizarre traffic jam captured on video. Beep and the San Francisco County Transportation Authority did not immediately respond to requests for comment from Insider, made outside normal working hours.
Persons: Shelly Caran, John Reynolds Organizations: Miami Zoo, Associated Press, Passengers, AP, California Public Utilities Commission, San, San Francisco County Transportation Authority Locations: San Francisco Bay, San Francisco, Francisco, Florida, Yellowstone, San Francisco County
In an aerial view, Chevrolet Cruise autonomous vehicles sit parked in a staging area on June 08, 2023 in San Francisco, California. Cruise will reduce its robotaxi fleet by 50% in San Francisco, the California Department of Motor Vehicles told CNBC. "The DMV is investigating recent concerning incidents involving Cruise vehicles in San Francisco," a DMV spokesperson said in a statement. In addition to the crash with a firetruck, one Cruise vehicle reportedly got stuck in concrete, and an autonomous vehicle with a passenger got hit by a driver. Last weekend, a slew of Cruise vehicles stalled and slowed traffic outside an outdoor music festival.
Persons: Alphabet's Waymo, Cruise, Greg Dietrerich, Dietrerich, — CNBC's Lora Kolodny Organizations: Chevrolet Cruise, Cruise, California Department of Motor Vehicles, CNBC, General Motors, San, DMV, Cruises Locations: San Francisco , California, Autonomous, San Francisco
What It's Like Inside One of San Francisco’s Self-Driving Taxis? More autonomous taxis are about to hit the roads of San Francisco. But will residents of the country’s tech capital be quick to hitch a ride in a driverless car? WSJ reporter Miles Kruppa rode around two autonomous vehicles and joins host Zoe Thomas to tell us about his experience. Photograph: Poppy Lynch
Persons: Francisco’s, Miles Kruppa, Zoe Thomas, Poppy Lynch Locations: San Francisco
What It's Like Inside One of San Francisco’s Self-Driving Taxis? More autonomous taxis are about to hit the roads of San Francisco. But will residents of the country’s tech capital be quick to hitch a ride in a driverless car? WSJ reporter Miles Kruppa rode around two autonomous vehicles and joins host Zoe Thomas to tell us about his experience. Photograph: Poppy Lynch
Persons: Francisco’s, Miles Kruppa, Zoe Thomas, Poppy Lynch Locations: San Francisco
Hawaii Fire: Maui Residents Warn Against Rush to Rebuild
  + stars: | 2023-08-19 | by ( ) www.wsj.com   time to read: 1 min
What It's Like Inside One of San Francisco’s Self-Driving Taxis? More autonomous taxis are about to hit the roads of San Francisco. But will residents of the country’s tech capital be quick to hitch a ride in a driverless car? WSJ reporter Miles Kruppa rode around two autonomous vehicles and joins host Zoe Thomas to tell us about his experience. Photograph: Poppy Lynch
Persons: Francisco’s, Miles Kruppa, Zoe Thomas, Poppy Lynch Locations: San Francisco
GM's Cruise robotaxi collides with fire truck in San Francisco
  + stars: | 2023-08-19 | by ( ) www.reuters.com   time to read: +2 min
Initial investigation shows the collision occurred when a fire truck was operating in an emergency with its forward facing red lights and siren on, the San Francisco Police Department said in a statement to Reuters. The San Francisco Fire Department did not respond to requests for comment. The two have been running robotaxi tests limited by times and geographic areas within San Francisco. San Francisco will suffer serious harms from this unfettered expansion," he said in a statement. Reporting by Abhirup Roy in San Francisco; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.
Persons: Heather Somerville, robotaxi, Cruise, David Chiu, Abhirup Roy, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, General Motors, Twitter, San Francisco Police Department, Reuters, Cruise, San Francisco Fire Department, California Public Utilities Commission, City, Thomson Locations: San Francisco, California, U.S, Cruise
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company's headquarters in San Francisco. A Cruise self-driving car was involved in an accident with a San Francisco Fire Department truck just one week after California regulators approved 24-7 robotaxi service in San Francisco. The San Francisco Police Department was not immediately available for comment on the matter. California's Public Utility Commission voted 3 to 1 last week to approve the rollout of driverless, fare-collecting vehicles in San Francisco. Self-driving cars from Cruise and Alphabet -subsidiary Waymo had already become regular sights on San Francisco roads in the preceding months.
Persons: Cruise, Waymo, Kyle Vogt, San, San Francisco firefighters, Jeanine Nicholson, Nicholson Organizations: General Motors Corp, San Francisco Fire Department, Twitter, ABC, San Francisco Police Department, CNBC, San Francisco, Francisco Fire, NPR, Cruise, General Motors, Microsoft, Honda, Walmart Locations: San Francisco, California, Tenderloin, Polk, Turk
kevin rooseAnd you’re listening to “Hard Fork.”casey newtonThis week on the show, Sam Bankman-Fried goes to jail. If you give me, like, 1 percent of the internet, that’s going to give me an aneurysm. And those three are actually going to get to live that out. So I actually think the classroom of the future looks remarkably like the classroom today, but you reverse what you’re doing in it. And I think that’s another piece, is we have to not be delusional about what has actually happened in education.
Persons: casey newton, Joe Rogan, kevin roose You’re, casey newton They’ve, kevin roose They’ve, who’s, kevin roose, Kevin Roose, ” casey newton, Casey Newton, Sam Bankman, Fried, what’s, Wharton, Ethan Malek, kevin roose Casey, I’ve, casey newton Guy’s, David Jaffe Bellini, David, ” david jaffe bellini, casey newton Hi, , he’s, david jaffe bellini, david jaffe bellini That’s, they’re, Sam’s, there’s, that’s, Casey, — casey newton, david jaffe bellini I’m, he’d, Caroline Ellison, Caroline Ellison’s, Caroline, She’s, we’ve, they’ve, Sam, He’s, I’m, haven’t, It’s, You’ve, There’s, you’re, Ryan Salem, hasn’t, Gary, Nishad, They’ve, SBF, casey newton Look, Harlem Globetrotters ’, it’s, Kevin, casey newton Oh, kevin roose David Jaffe Bellini, we’re, kevin roose It’s, , casey newton Sure, Ethan Mollick Ethan, kevin roose Ethan Mollick, ” ethan mollick, ethan mollick, That’s, casey newton Tell, ChatGPT, ethan mollick —, you’ve, Steve Jobs, don’t, You’ll, ethan mollick Oh, casey newton Well, We’ve, kevin roose I’m, Ethan, casey newton It’s, they’d, you’ll, They’re, Ethan Mollick, casey newton —, should’ve, let’s, Cruise, casey newton That’s, — david jaffe bellini, kevin roose —, , Alex, casey newton Hey, casey newton Yes, Kyle Vogt, Franciscans, I’ll, kevin roose Totally, casey newton Yep, Uber, casey newton Right, Dirk, Kevin kevin roose, shouldn’t, — casey newton Yes, casey newton Don’t, Rachel Cohn, Davis, We’re, Jen Poyant, Caitlin Love, Sophia Lanman, Dan Powell, Marion Lozano, Rowan Niemisto, Paula Shoeman, Tam, David McCraw, Nell Gallogly, Kate LoPresti, Jeffrey Miranda Organizations: Spotify, The New York Times, FTX, Conference, NFL, Google, “ New York Times, MDC, Republican, Alameda, Twitter, Harlem Globetrotters, Washington Generals, Wharton School, University of Pennsylvania, Fork University, Caud Academy, they’re, TA, . University, University, Hard Fork, Wharton, DMs, San, San Francisco, Cruise, Department of Motor Vehicles, University of Michigan Transportation Research Institute, Virginia Tech Transportation, YouTube Locations: New York, California, Bahamas, Alameda, FTX, autodelete, Caroline, Wharton, GPT, Kenya, America, San Francisco, Charlotte , North Carolina, Texas, North Beach, Cruise, Franciscans, robotaxis, AVs, Rhode Island, Zurich, Paris, Madrid, Swiss, Switzerland
Since launching Wayve in 2017, CEO Alex Kendall has often felt like the self-driving car industry's mostly ignored little brother. In 2017, Kendall got a Ph.D. in deep learning and computer vision at the University of Cambridge. While there, he helped develop a deep learning algorithm for a computer vision concept called "semantic segregation." A delivery van outfitted with Wayve's autonomous driving software is part of the fleet of vehicles making grocery deliveries across London. When he and Kendall launched Wayve, "many of the big technology giants had just put billions of dollars of funding into building autonomous vehicles," Kendall says.
Persons: Alex Kendall, Kendall, Amar Shah, Wayve, Bill Gates, we've, it's, Shah, I've Organizations: Microsoft, Virgin, CNBC, University of Cambridge, PACE, Eclipse Ventures Locations: London, South, Cambridge, Asda, Kendall
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