Why Carbon just raised another $260 million

Two months ago, we reported that Carbon was set to raise up to $300 million, bringing the 3D printing company’s valuation up to a lofty $2.5 billion. The real numbers released this week by the company aren’t quite so lofty, but are impressive nonetheless. The Series E fetched $260 million, putting its valuation at closer […]

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Waymo takes its self-driving car ambitions global in partnership with Renault-Nissan

Waymo has locked in an exclusive partnership with Renault and Nissan to research how commercial autonomous vehicles might work for passengers and packages in France and Japan. This exclusive partnership has a deadline — the public announcement says it will last for “an initial period.” Waymo nor the Renault-Nissan-Mitsubishi Alliance provided details on when it […]

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Geely is turning to Zenuity as its self-driving software supplier

China-based Zhejiang Geely Holdings is tapping Zenuity, the joint venture between Volvo and Swedish technology company Veoneer, as its preferred driver assistance and autonomous vehicle software supplier for its range of car brands. The decision means Zenuity’s software will likely end up in vehicles under the brands Geely Auto, Geometry, Volvo Cars, performance brand Polestar, […]

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SafeAI raises $5M to develop and deploy autonomy for mining and construction vehicles

Startup SafeAI, powered by a founding talent  team with experience across Apple, Ford and Caterpillar, is emerging from stealth today with a $5 million funding announcement. The company’s focus is on autonomous vehicle technology, designed and built specifically for heavy equipment used in the mining and construction industries. Out the gate, SafeAI is working with […]

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Domino’s serves up self-driving pizza delivery pilot in Houston

Domino’s really emphasizes its commitment to ‘innovation,’ but even if it’s a marketing tactic, the global pizza brand does indeed walk the walk. Case in point: It’s launching a new pilot for self-driving pizza delivery in Houston in partnership with Nuro. Autonomous driving tech startup Nuro was founded by Dave Ferguson and Jiajun Zhu, two […]

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Argo AI is taking its new generation of self-driving vehicles into downtown Detroit

Argo AI, the Pittsburgh-based autonomous vehicle startup that Ford invested $1 billion in 2017, has expanded its testing to downtown Detroit with a new third-generation self-driving car. Argo AI is developing the virtual driver system and high-definition maps designed for Ford’s self-driving vehicles. The third-generation self-driving vehicle is still based on a Ford Fusion Hybrid […]

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Argo AI is taking its new generation of self-driving vehicles into downtown Detroit

Argo AI, the Pittsburgh-based autonomous vehicle startup that Ford invested $1 billion in 2017, has expanded its testing to downtown Detroit with a new third-generation self-driving car. Argo AI is developing the virtual driver system and high-definition maps designed for Ford’s self-driving vehicles. The third-generation self-driving vehicle is still based on a Ford Fusion Hybrid […]

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Mercedes-Benz is expanding its luxury subscription service

Mercedes-Benz is expanding a pilot subscription service that lets users switch between different luxury models to a third U.S. city a year after launching in Nashville and Philadelphia. The pilot is another example of how automakers are experimenting — with mixed levels of success — with different ways to make money beyond producing and selling […]

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Aptiv’s Karl Iagnemma at TC Sessions: Mobility July 10 in San Jose

Before automakers and giant tech companies kicked off their own autonomous vehicle pilots, a startup called nuTonomy launched a self-driving taxi service in Singapore for the public, not just its test engineers. The AV industry took notice; and by October 2017 it was snapped up for $450 million by Aptiv, U.S. auto supplier and self-driving […]

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Fiat Chrysler proposes 50-50 merger with Renault

Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales. FCA delivered Monday a non-binding letter to Renault’s board that proposes combining the business as a 50-50 merger. FCA’s proposal illustrates the growing desire among automakers to consolidate, […]

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