Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through these yards — where trucks are loaded, unloaded, and dispatched — with inefficiencies that impact...
Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its initial public offering (IPO) and Pony AI filed for an IPO on Nasdaq, according to press releases and report. Waymo...
This past week, Adobe, Google, Microsoft, OpenAI and Tesla launched artificial intelligence (AI) innovations in video production, drug discovery, healthcare, eCommerce and autonomous transport. These advancements promise increased efficiency and reduced costs, but experts are pondering their effects on human roles and regulatory frameworks. Adobe’s...
Tesla’s long-awaited robot taxi has finally emerged, with CEO Elon Musk recently unveiling the futuristic Cybercab at a splashy event dubbed “We, Robot.” The autonomous vehicle, slated for production by 2027, hopes to reshape urban transportation with its sub-$30,000 price tag and $0.40 per mile...
November 19, 2024
Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through these yards — where trucks are loaded, unloaded, and dispatched — with inefficiencies that impact the entire logistics network. Historically, this labor-intensive work has relied […]
July 20, 2023
Tesla is famously not just a car company — it’s a software company. And a key, promised part of that software vision is the realization of autonomous, fully self-driving (FSD)...
January 01, 2020
If it’s not the holiest of holies for those involved in payments and commerce, it sure comes reasonably close. We are talking about the upcoming International Consumer Electronics Show, the...
October 07, 2019
More than a century of automotive culture has brought many exiting eras. Think about how the affordable Ford Model T opened up car ownership to the masses, or the macho...
November 21, 2024
When autonomous driving firm Pony.ai goes public, Uber reportedly plans to invest. The ride hailing/food delivery company intends to purchase more than $10 million worth of shares in Pony.ai’s initial public offering (IPO), which is expected to be priced next week, Bloomberg News reported Thursday (Nov. 21), citing sources familiar with the matter. One source told the news outlet that Uber […]
October 25, 2024
Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its initial public offering (IPO) and...
October 13, 2024
Months after announcing it was canceling its self-driving car, Apple has made it official. According to a recent report by the website macReports, the tech giant contacted the California Department...
July 28, 2024
WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. The company filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC)...