Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks. Tesla said it earned $840 million in net income […]
An unidentified bidder submitted a Hail Mary offer that was “substantially higher” than the winning bid at auction. Founder Austin Russell has been circling a bid, but it’s not clear he was behind it.
The autonomous tech startup says it has $600 million of contracts running over the next five years to haul goods from warehouses to stores.
The investigation is looking into a January 17 crash where a Zoox robotaxi hit the driver’s side door of a parked car, which Zoox said was “suddenly opened.”
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Google is the latest investor to back Redwood Materials as the battery recycling startup scales a new energy storage venture to power AI data centers and other industrial sites.
CEO Raquel Urtasan says the funds, including $250 million from Uber, will help get 25,000 robotaxis on Uber’s platform and launch trucking operations with Volvo.
Waabi, the Toronto-based autonomous trucking startup, is expanding its portfolio to include robotaxis. And it’s bringing Uber along for the ride. Raquel Urtasun, the former chief scientist at Uber’s now defunct Advanced Technologies Group, founded Waabi in 2021 to be a more “AI-centric approach” to autonomous vehicles. That approach initially focused on trucking, with Waabi […]
Waabi has secured a $750 million Series C round to accelerate autonomous trucking, and another roughly $250 million commitment from Uber to deploy 25,000 robotaxis exclusively on its platform.