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SoftBank's Billion-Dollar Bet On The Future Of AI Trucking
Thursday, September 7, 2023 - 12:29pm | 461SoftBank Group Corp – ADR (OTC:SFTBY) known for its tech industry stakes, recently invested in an autonomous trucking startup, Stack AV. The startup, led by founders formerly associated with the self-driving unit of Ford Motor Company (NYSE:F) and Volkswagen AG (OTC:VWAGY), reportedly secured...
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EXCLUSIVE: Cathie Wood Credits AI For Tesla FSD Losing Its Training Wheels
Saturday, September 2, 2023 - 11:25am | 666Tesla Inc's (NASDAQ:TSLA) Full Self-Driving (FSD) Beta program began in October 2020 and has been subject to numerous revisions. With the introduction of FSD Beta Version 11 — and the subsequent updates bringing it to 11.4.7 — the company started using a single software stack for both city and...
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Automakers Eye The Finish Line in Sprint To Rollout Driverless Vehicles
Friday, February 3, 2017 - 1:34pm | 1091Traditional automakers are in a transition phase, where selling merely to retail customers and fleets will not place them in good stead. Disruptive technologies such as self-driving cars, ride sharing and ride hailing services are beginning to take hold, forcing the traditional players seek their...
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Are Engineers Increasingly Picking Detroit As A Workplace Over Silicon Valley?
Monday, June 13, 2016 - 2:36pm | 414When you think of companies heavily investing in self-driving and autonomous vehicles and related technology, you might think of a Silicon Valley startup or tech giant. However, according to the Wall Street Journal, you might be thinking wrong. According to the Journal, Detroit-based Ford Motor...
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JPMorgan Likes GM In The Near Term, But Raises Tesla's Long-Term Estimates
Tuesday, April 19, 2016 - 9:55am | 591JPMorgan sees first quarter earnings of General Motors Company (NYSE: GM) above consensus, while it trimmed near-term estimates of Tesla Motors Inc (NASDAQ: TSLA), albeit raising its long-term view. General Motors Analyst Ryan Brinkman raised GM's first-quarter EPS forecast to $1.08 from $0.95 and...
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GM Forms Joint Venture With Lyft Days After Cruise Automation Acquisition
Tuesday, March 15, 2016 - 1:27pm | 367General Motors Company (NYSE: GM) announced a short-term car rental joint venture with ride-hailing service Lyft, just days after it bought self-driving car software firm Cruise Automation. The new program called Express Drive will rent GM cars to Lyft drivers at $99 per week, including...
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5 Cool Startup Technologies For Your Car
Friday, October 3, 2014 - 12:36pm | 957Technology is about to change the way consumers drive. From in-car connectivity to automobiles that drive themselves, the auto industry is constantly evolving. "We can make your driving smarter, safer, greener, more affordable [and] more social," Jamyn Edis, founder and CEO of Dash...