Tests of truly autonomous self-driving vehicles have been uneven at best, but with each scraped test hubcap, the concept draws closer to reality. Major automakers are in, with Toyota backing autonomous driving startup Pony.ai and Fiat Chrysler striking a deal with AutoX, the Hong Kong-based...
Amazon will pay more than $1.2 billion to acquire Zoox, the Foster City, Calif., self-driving technology company, the Financial Times (FT) reported. While the purchase could fuel Amazon’s delivery fleet, a source familiar with the deal told the newspaper it could signal the eCommerce giant’s entry...
Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26) report in the Wall Street Journal (WSJ), citing sources familiar with the matter. In a...
American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Some 10 percent of the purchase price is anticipated to retain workers across the next two years. Founded in 2012, Moovit — based in the Israel town of Ness Ziona —...
July 31, 2020
Tests of truly autonomous self-driving vehicles have been uneven at best, but with each scraped test hubcap, the concept draws closer to reality. Major automakers are in, with Toyota backing autonomous driving startup Pony.ai and Fiat Chrysler striking a deal with AutoX, the Hong Kong-based firm that has developed an artificial intelligence (AI) platform for […]
November 18, 2021
Apple wants to ramp up the development of its electric car with a new focus on making a fully self-driving vehicle, Bloomberg News reported on Thursday (Nov. 18). Sources close to the project told the news agency that the effort — led by new project leader Kevin Lynch, an Apple Watch executive — is focused […]
June 26, 2020
Amazon will pay more than $1.2 billion to acquire Zoox, the Foster City, Calif., self-driving technology company, the Financial Times (FT) reported. While the purchase could fuel Amazon’s delivery fleet, a...
May 27, 2020
Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26)...
May 03, 2020
American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Some 10 percent of the purchase price is anticipated to retain workers across the next two...
