waymo Waymo Secures $2.5 Billion in Latest Funding Round Under New Leadership Alphabet's self-driving unit Waymo raises $2.5 billion from a group of existing investors to expand its autonomous driving platform. The funding arrives just months after a leadership transition replaced former CEO John Krafcik with two co-CEOs.
waymo Waymo Secures $2.5 Billion Funding Round Led by Parent Company Alphabet Google's self-driving subsidiary Waymo raises another massive funding round to expand its team and improve its autonomous technology.
waymo Waymo Secures $2.5 Billion Investment Despite Slow Commercial Progress Alphabet's self-driving unit Waymo raises $2.5 billion in its second external funding round to expand its team and technology.
waymo Waymo Secures $2.5 Billion in Second External Funding Round Alphabet's self-driving unit Waymo raises $2.5 billion from a group of high-profile existing investors to expand its autonomous driving platform and workforce.
waymo Waymo Secures $2.5 Billion Investment to Expand Self-Driving Operations Alphabet's self-driving subsidiary Waymo raises another $2.5 billion from a coalition of investors. The company plans to use the fresh capital to grow its team and advance its autonomous vehicle technology.
waymo Waymo Secures $2.5 Billion to Advance Autonomous Vehicle Expansion Alphabet's self-driving unit raises a massive new funding round from external investors to boost its technology and team. The capital influx highlights a shift away from relying solely on its parent company for financial support.
autonomous vehicles Self-Driving Vehicle Accident Statistics Reveal Mixed Safety Results New data on autonomous vehicles shows that while self-driving technology promises improved road safety, these cars still experience significant accident rates. Legal experts emphasize the unique challenges of determining liability when driverless systems fail.
nhtsa NHTSA Requires Automated Vehicle Companies to Report Crashes The National Highway Traffic Safety Administration issues a new standing order that mandates crash reporting for companies testing autonomous vehicles. This rule aims to increase transparency and improve safety data for emerging self-driving technology.
cruise Cruise Taps $5 Billion GM Credit Line for Electric Origin Vehicles General Motors' self-driving subsidiary Cruise secures a $5 billion credit line from GM Financial to fund the production of its custom autonomous Origin shuttle. This financial boost brings the company's total war chest beyond $10 billion as it prepares for commercial launch.
nhtsa NHTSA Requires Automated Vehicle Companies to Report Serious Crashes The National Highway Traffic Safety Administration mandates that autonomous vehicle manufacturers report severe crashes within 24 hours. This new standing order aims to increase transparency and improve safety oversight in the emerging self-driving car industry.
robotics investments Robotics Sector Sees Over $2.7 Billion in July Funding and Acquisitions The robotics industry experiences a massive July 2021 as 37 funding rounds reach at least $1.14 billion and 9 acquisitions total $1.58 billion. Meituan leads the funding rounds with a $400 million investment from Tencent for autonomous delivery development.
tesla Tesla AI Day Reveals Bold Vision and Challenges for Fully Self-Driving Cars Tesla's AI Day 2021 showcases the company's latest advancements in autonomous driving technology while highlighting the immense difficulty of solving real-world AI. The event serves as both a technical deep-dive and a major recruitment effort for top engineering talent.
tesla Tesla AI Day Reveals Secrets Behind Training Self-Driving Car Algorithms Tesla's AI Day highlights the massive effort required to generate high-quality training data for autonomous vehicles. The company relies on manual labeling, auto-labeling, and simulations to teach its neural networks how to navigate real-world roads.
microsoft Microsoft Backs Cruise with $2 Billion to Accelerate Self-Driving Rollout Microsoft joins a $2 billion investment round into General Motors' self-driving subsidiary Cruise. The massive funding aims to fast-track the commercialization of autonomous vehicles.
autonomous vehicles Autonomous Vehicles Gain Legal Ground as Trucking and Robotaxi Sectors Expand The autonomous vehicle industry achieves major legal milestones in 2021 with Japan and Germany approving Level 3 driving, while self-driving trucks and robotaxis attract massive investments.