Alphabet's self-driving car unit Waymo is seeking outside investments from the likes of Volkswagen (OTCPK:VWAGY), The Information reports. Automakers

Alphabet’s self-driving car unit Waymo is seeking outside investments

Alphabet’s self-driving car unit Waymo is seeking outside investments from the likes of Volkswagen (OTCPK:VWAGY), The Information reports. Automakers that now make cars for Waymo – Fiat Chrysler (NYSE:FCAU) and Jaguar (NYSE:TTM) – could also be involved. Sources estimate that the division is costing at least $1B a year and investments could ease the burden […]

Continue Reading
Uber shuts down self-driving truck unit

Uber shuts down self-driving truck unit

Uber shuts down self-driving truck unit UBER is covering its self-driving trucks unit, an ambushed program borne out of the organization’s $680M procurement of Otto in August 2016. Rather, it’s refocusing self-driving endeavors on autos just, having as of late taken “the imperative advance of coming back to open streets in Pittsburgh.” Uber Freight, a […]

Continue Reading