Comma AI has two self-driving cars products called Openpilot and Comma two. Comma had about $5 million in annual revenue in 2020. They have 40 million miles of driving data collected from drivers using its inexpensive off-the-shelf electronics. George Hotz is the Founder and President of Comma.ai. They have raised $8.1 million in funding. The …
Elon Musk says pure vision Autopilot is now rolling out in North America. There will be an update of this production release in 2 weeks, then FSD beta V9.0 (also pure vision) a week later (mid-June). FSD subscription will be enabled around the same time. Pure vision Autopilot is now rolling out in North America. …
The LVCVA board approved $6.25 million to Boring to operate the mile-long convention center system from Feb. 1 through June 30, 2022. At no cost, authorized access to Boring to dig tunnels connecting the Convention Center with Encore beneath Convention Center land. Tesla plans to start with human drivers overseeing the operation of Tesla vehicles …
In October, General Motors’s Cruise LLC unit will be allowed to test autonomous vehicles on public roads in San Francisco without a safety driver. they are the fifth company to get this permission. Amazon.com Inc.-backed Zoox, Alphabet [google] Waymo LLC, Nuro and AutoX Technologies are the other companies permitted to field test fully autonomous cars. …
Traxen, an AI startup founded in metro Detroit in 2018, has a production-ready intelligent adaptive cruise control system – iQ-Cruise. This will help semi-trucks save 10% of their fuel usage. Traxen smart cruise will be commercially available in the first quarter of 2021 for fleets with traditional and electric commercial vehicles. iQ-Cruise for OE truck …
The digitization and automation of processes and delivery vehicles will reduce logistics costs for standardized transport by 47% by 2030, according to a new report from PwC’s Strategy and consultancy. The Global Truck Study 2018 has found that around 80% of these savings will be attributable to the reduction of personnel in the transport and …
CapitalG — Alphabet’s [Google] growth investment fund — is leading a $1 billion financing round in Lyft. This brings Lyft’s post-money valuation to $11 billion. 2017 has been an important year for the Lyft community. Earlier this month, Lyft completed thei 500 millionth ride and our service is now available to 95% of the U.S. …
Lyft announced new climate goals for the Lyft platform as we do our part to ensure the United States remains on track to meet the goals of the Paris accord. To guide them in these efforts, we are proud to welcome pioneering environmentalist and author Paul Hawken, Executive Director of Project Drawdown, as an advisor …
